We have combined
the information collections contained in the two proposed Bank
Secrecy Act NPRM's falling in Part 103 of 31 CFR and submitted
separately to OMB on August 25, 1993. This review action therefore
will include collections contained in Sections 103.11, 103.2
103.33(h)(1)(i) through (iii), 103.33(e), 103.33(f), and 103.33(g)
as submitted. The requested burden changes for these sections has
been combined. The expiration date of this docket continues to be
January 1996 to indicate that the collections approved January 1,
1993 continu to be approved excepting as modified by this
submission. We are approving these collections with the
understanding that the Department will respond to public comments
by: 1) delaying implementation sufficiently to ensure that fund
transfers systems have been modified as planned to accommodate the
messages required by these regulations and to provide adequate time
for programing and training staff, 2) provide nonbanking
institutions making wire transfe equal treat with banks with
respect to the identification of regular customers, and 3) provide
a cutoff for the identification of small customers such as tourists
with a need for cash in emergency situation
Inventory as of this Action
Requested
Previously Approved
01/31/1996
01/31/1996
01/31/1996
6,397,832
0
6,337,833
11,510,025
0
11,492,527
0
0
0
THE TREASURY DEPARTMENT MUST ASSURE
THAT NEW JERSEY AND PUERTO RICO CASINOS ARE IN COMPLIANCE WITH THE
BANK SECRECY ACT AND REGULATIONS THEREUNDER, 31 CFR PART 103. THE
PROPOSED REGULATIONS WOULD CORRECT HERETOFORE NONCOMPLIANCE AND AID
THE IRS IN REVIEWING COMPLIANCE AND KEEP RECORDS AND FILE REPORTS
THAT THE SECRETARY DETERMINES HAVE A HIG DEGREE OF USEFULNESS IN
CRIMINAL, TAX, OR REGULATORY MATTERS.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.
FINANCIAL RECORDKEEPING AND REPORTING OF CURRENCY AND FOREIGN TRANSACTIONS RELATING TO TRANSMITTAL ORDERS FOR FUNDS TRANSFERS