[Federal Register Volume 75, Number 172 (Tuesday, September 7, 2010)]
[Notices]
[Pages 54422-54423]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-22143]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

August 31, 2010.
    The Department of Treasury will submit the following public 
information collection requirement(s) to OMB for review and clearance 
under the Paperwork Reduction Act of 1995, Public Law 104-13 on or 
after the date of publication of this notice. Copies of the 
submission(s) may be obtained by calling the Treasury Bureau Clearance 
Officer listed. Comments regarding this information collection should 
be addressed to the OMB reviewer listed and to the Treasury Department 
Clearance Officer, Department of the Treasury, Room 11000, 1750 
Pennsylvania Avenue, NW., Washington, DC 20220.

DATES: Written comments should be received on or before October 7, 2010 
to be assured of consideration.

Financial Crimes Enforcement Network (FinCEN)

    OMB Number: 1506-XXXX.
    Type of Review: New Information Collection.
    Title: Administrative Rulings.
    Description: These sections address administrative rulings under 
the Bank Secrecy Act. They explain how to submit a ruling request 
(103.81), how nonconforming requests are handled (103.82), how oral 
communications are treated (103.83), how rulings are issued (103.85), 
how rulings are modified or rescinded (103.86), and how information may 
be disclosed (103.87). This is a reallocation of currently approved 
burden from 1506-0009 to this new control number.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Total Reporting Burden: 60 hours.

    OMB Number: 1506-XXXX.
    Type of Review: New Information Collection.
    Title: Special rules for casinos (31 CFR 103.64, 103.36(b)(10), and 
103.38).
    Description: This section provides special rules for casinos, 
including the requirement that casinos maintain a written anti money 
laundering compliance program. This action is the reallocation of 
currently approved burden from 1506-0009.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Total Reporting Burden: 92,500 hours.

    OMB Number: 1506-XXXX.
    Type of Review: New Information Collection.
    Title: Additional records to be made and retained by currency 
dealers or exchangers (31 CFR 103.37 and 103.38).
    Description: A currency dealer or exchanger must make and maintain 
a record of the taxpayer identification number of certain persons for 
whom a transaction account is opened or a line of credit is extended, 
and must maintain a list containing the names, addresses, and account 
or credit line numbers of those persons from whom it has been unable to 
secure such information. A currency dealer or exchanger must retain the 
original or a copy of certain documents, as specified in section 
103.37. The required records must be maintained for five years (31 CFR 
103.38). This action reallocates currently approved burden from 1506-
0009 to this new control number.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Total Reporting Burden: 36,800 hours.

    OMB Number: 1506-XXXX.
    Type of Review: New Information Collection.
    Title: Additional records to be made and retained by casinos (31 
CFR 103.36 and 103.38).
    Description: Casinos (and card clubs) must make and retain a record 
of the name, permanent address, and taxpayer identification number each 
person who deposits funds with the casino, opens an account at the 
casino, or to whom the casino extends a line of credit (and maintain a 
list, available to the Secretary upon request, of the names and 
addresses of persons who do not furnish a taxpayer identification 
number), and must retain the original or a copy of certain documents, 
as specified in section 103.36 (31 CFR 103.36(a) and (b)(1)-(8)). 
Casinos must also maintain a list of transactions with customers 
involving certain instruments (31 CFR 103.36(b)(9)). Card clubs must 
maintain records of currency transactions by customers and records of 
activity at cages (31 CFR 103.36(b)(11)). Casinos that input, store, or 
retain required records on computer disk, tape or other machine-
readable media must maintain the records on such media (31 CFR 
103.36(c)). Required records must be maintained for five years (31 CFR 
103.38). This action reallocates currently approved burden from 1506-
0009 to this new control number.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Total Reporting Burden: 121,056 hours.

    OMB Number: 1506-XXXX.
    Type of Review: New Information Collection.
    Title: Additional records to be made and retained by brokers or 
dealers in securities (31 CFR 103.35 and 103.38).
    Description: A broker or dealer in securities must retain an 
original or copy of certain documents, as specified in section 103.35. 
The required records must be maintained for five years (31 CFR 103.38). 
This action reallocates already approved burden from 1506-0009 to a new 
control number.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Total Reporting Burden: 830,000 hours.

    OMB Number: 1506-XXXX.
    Type of Review: New Information Collection.
    Title: Additional records to be made and retained by banks (31 CFR 
103.34 and 103.38).
    Description: A bank must retain an original or copy of certain 
documents, as specified in section 103.34. The required records must be 
maintained for five years (31 CFR 103.38). This is a reallocation of 
burden from 1506-0009 to a new control number.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Total Reporting Burden: 2,290,000 hours.

    OMB Number: 1506-XXXX.
    Type of Review: New Information Collection.
    Title: Records to be made and retained by financial institutions 
(31 CFR 103.33 and 103.38).
    Description: Each financial institution must retain an original or 
copy of records related to extensions of credit in excess of $10,000 
(other than those secured by real property), and records related to 
transfers of funds, currency, other monetary instruments, checks, 
investment securities, or credit of more

[[Page 54423]]

than $10,000 to or from the United States (31 CFR 103.33(a)-(c)). Banks 
and non-bank financial institutions must also maintain records related 
to, and include certain information as part of, funds transfers or 
transmittals of funds involving more than $3,000 (31 CFR 103.33(e)-(f), 
and 103.33(g)). The required records must be maintained for five years 
(31 CFR 103.38). This is a reallocation from 1506-0009.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Total Reporting Burden: 2,139,000 hours.

    OMB Number: 1506-XXXX.
    Type of Review: New Information Collection.
    Title: Purchases of bank checks and drafts, cashier's checks, money 
orders and traveler's checks (31 CFR 103.29 and 31 CFR 103.38).
    Description: Financial institutions must maintain records of 
certain information related to the sale of bank checks and drafts, 
cashiers checks, money orders, or traveler's checks when the sale 
involves currency between $3,000-$10,000. The records must be 
maintained for a period of five years and be made available to Treasury 
upon request. This action accounts for PRA burden previously listed 
under 1506-0009.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Total Reporting Burden: 456,750 hours.

    OMB Number: 1506-XXXX.
    Type of Review: New Information Collection.
    Title: Reports of certain domestic coin and currency transactions 
(31 CFR 103.26 and 103.33(d)).
    Description: Upon a finding that additional reporting or 
recordkeeping is necessary to carry out the purposes, or prevent the 
evasion, of the Bank Secrecy Act, Treasury may issue an order requiring 
financial institutions or groups of financial institutions in certain 
geographic locations to report certain transactions in prescribed 
amounts for a limited period of time (31 CFR 103.26). Financial 
institutions subject to a geographic targeting order must maintain 
records for such period of time as the order requires but not more than 
5 years (31 CFR 103.33(d)). Although the burden is stated as an annual 
burden in accordance with the Paperwork Reduction Act, the estimated 
annual burden is not intended to indicate that there is a geographic 
targeting order in effect throughout a year or in each year.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Total Reporting Burden: 6,800 hours.

    OMB Number: 1506-XXXX.
    Type of Review: New Information Collection.
    Title: Reports of transactions with foreign financial agencies (31 
CFR 103.25).
    Description: Treasury may, by regulation, require specified 
financial institutions to report transactions by persons with 
designated foreign financial agencies. This recordkeeping requirement 
was previously reported under 1506-0009.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Total Reporting Burden: 1 hour.
    Bureau Clearance Officer: Russell Stephenson (202) 354-6012, 
Department of the Treasury, Financial Crimes Enforcement Network, P.O. 
Box 39, Vienna, VA 22183; (202) 354-6012
    OMB Reviewer: Shagufta Ahmed, Office of Management and Budget, New 
Executive Office Building, Room 10235, Washington, DC 20503; (202) 395-
7873.

Robert Dahl,
Treasury PRA Clearance Officer.
[FR Doc. 2010-22143 Filed 9-3-10; 8:45 am]
BILLING CODE 4810-02-P