Report of Foreign Bank and Financial Accounts

Forms and Documents

Document	Type	Status	Availability

No forms / supporting documents in this ICR. Check IC Document Collections.

IC Document Collections

IC ID	Collection	Type	Status	Form
15110	Report of Foreign Bank and Financial Accounts	Form	Migrated

ICR Details

OMB Control No: 1505-0063	ICR Reference No: 199602-1505-001
Status: Historical Inactive	Previous ICR Reference No: 199601-1505-002
Agency/Subagency: TREAS/DO	Agency Tracking No:
Title: Report of Foreign Bank and Financial Accounts
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Withdrawn and continue	Conclusion Date: 04/25/1996
	Date Received in OIRA: 02/29/1996
Terms of Clearance: Withdrawn and continued by the agency to provide time to demonstrate that it has met the requirements for review in accordance with the Paperwork Reduction Act as required in the 1995 amendments. This action continues to include the collections found in the regulations assigned OMB No. 1505-0063. It is our understanding that the Department will reexamine the burden estimated for this docket and submit a full explanation of the burden at the time this docket is transferred to a new subagency identifier for FINCEN. The explanation will pay particular attention to accounting for the effect of recent efforts to reduce the reporting burden on the public and_indicate there is no double counting with the burden placed by collecitons issued by other Treasury agencies.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	04/30/1996	04/30/1999	07/31/1996
Responses	140,000	0	140,000
Time Burden (Hours)	23,333	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: The Department of the Treasury requires the information on this form in order to assist it in its efforts to prevent, detect, and enforce laws to combat money laundering and other financial crimes.

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Authorizing Statute(s): None

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Report of Foreign Bank and Financial Accounts	TD-F-90-22.1

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Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 02/29/1996

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