Currency Transaction Report by Casinos

Forms and Documents

Document Name	Status
Form FinCEN 103 Currency Transaction Report by Casinos Form and Instruction	Unchanged
FinCEN Change Justification.docx Justification for No Material/Nonsubstantive Change	2010-09-14
CTRC1506-0005(2010-1)_83I_Supp.doc Supporting Statement A	2010-09-14

IC Document Collections

IC ID	Document Title	Status
15278	Currency Transaction Report by Casinos Form and Instruction	Unchanged

ICR Details

OMB Control No: 1506-0005	ICR Reference No: 201008-1506-003
Status: Historical Active	Previous ICR Reference No: 200905-1506-010
Agency/Subagency: TREAS/FINCEN	Agency Tracking No:
Title: Currency Transaction Report by Casinos
Type of Information Collection: No material or nonsubstantive change to a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 11/16/2010
	Date Received in OIRA: 09/14/2010
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	08/31/2012	08/31/2012	08/31/2012
Responses	360,000	0	360,000
Time Burden (Hours)	180,000	0	180,000
Cost Burden (Dollars)	0	0	0

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Abstract: Casinos and card clubs file Form 103 for currency transactions in excess of $10,000 a day pursuant to 31 USC 5313(a) and 31 CFR 103.22(a)(2). The form is used by criminal investigators, and taxation and regulatory enforcement authorities, during the course of investigations involving financial crimes. This action updates this ICR to reflect the addition of 31 CFR 103.27(a)(3), 31 CFR 103.27(d), and 31 CFR 103.28 as being renewed as part of this control number. The three additional references constitute three hours to the existing burden. This action is the result of the reallocation of burden from 1506-0009 to 1506-0005

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Authorizing Statute(s): US Code: 31 USC 5313(a) Name of Law: Money and Finance
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	74 FR 11632	03/18/2009
30-day Notice:	Federal Register Citation:	Citation Date:
	74 FR 24898	05/26/2009
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
Currency Transaction Report by Casinos	FinCEN 103	Currency Transaction Report by Casinos and Card Clubs

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	360,000	360,000	0	0	0	0
Annual Time Burden (Hours)	180,000	180,000	0	0	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

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

Burden Increase Due to:

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

Burden Reduction Due to:

Short Statement: Decrease in the number of transactions meeting the reporting criteria or threshold.

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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]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

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: 09/14/2010

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