(MA) Minimum Security Devices and Procedures, Reports of Suspicious Activities, and Bank Secrecy Act Compliance Program - 12 CFR Part 21

Forms and Documents

Document	Type	Status	Availability
Form 8010-1 8010-9 (MA) Minimum Security Devices and Procedures, Reports of Suspicious Activities, and Bank Secrecy Act Compliance Program - 12 CFR Part 21	Form	Modified	Available
1557-0180.forNonsub.change.2.doc	Justification for No Material/Nonsubstantive Change	Uploaded 2011-09-28	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
43923	(MA) Minimum Security Devices and Procedures, Reports of Suspicious Activities, and Bank Secrecy Act Compliance Program - 12 CFR Part 21	Form	Modified

ICR Details

OMB Control No: 1557-0180	ICR Reference No: 201109-1557-007
Status: Historical Active	Previous ICR Reference No: 201108-1557-021
Agency/Subagency: TREAS/OCC	Agency Tracking No:
Title: (MA) Minimum Security Devices and Procedures, Reports of Suspicious Activities, and Bank Secrecy Act Compliance Program - 12 CFR Part 21
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: 09/28/2011
	Date Received in OIRA: 09/28/2011
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/2012	09/30/2012	09/30/2012
Responses	397,748	0	397,748
Time Burden (Hours)	613,784	0	645,866
Cost Burden (Dollars)	0	0	0

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Abstract: These recordkeeping and reporting requirements are needed to promote and monitor bank security and to ensure bank safety. The information is used by banks, the OCC, and other agencies for bank security and law enforcement purposes.

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Authorizing Statute(s): US Code: 31 USC 5318(g) Name of Law: Bank Secrecy Act
   US Code: 12 USC 1 et seq. Name of Law: The National Bank Act
  

Citations for New Statutory Requirements: PL: Pub.L. 111 - 203 124 Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act

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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 14863	04/01/2009
30-day Notice:	Federal Register Citation:	Citation Date:
	74 FR 33316	07/10/2009
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
(MA) Minimum Security Devices and Procedures, Reports of Suspicious Activities, and Bank Secrecy Act Compliance Program - 12 CFR Part 21	8010-1 8010-9, 8010-1 8010-9	OMB Approved but Delayed Suspicious Activity Report Form ,   Current Suspicious Activity Report Form

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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	397,748	397,748	0	0	0	0
Annual Time Burden (Hours)	613,784	645,866	0	0	-32,082	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: The increase in burden is due to the integration of the OTS with the OCC. The additional respondents are entities formerly regulated by the OTS. The OCC uses the information to ensure that national banks carefully review the effectiveness of their security systems and comply with Federal law. The information collection ensures that national banks conduct their activities in accordance with safe and sound principles. A national bank's board of directors uses the information to ensure that the bank's security system is adequate. The OCC uses the SAR and the supporting documentation retained by national banks for supervisory purposes. The information collection identifies suspicious transactions that could pose a threat to national banks. FinCEN and the Internal Revenue Detroit Computing Center (DCC) operate the computer system containing the information collected from banks. FinCEN and DCC provide on-line access to the information to representatives of bank regulators and appropriate law enforcement agencies. National banks use the compliance program to ensure compliance with the Bank Secrecy Act. Bank examiners review the written procedures and board approval in the examination process.

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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]? Yes

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: 09/28/2011

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