OMB control number
Customer Identification Program Regulatory Requirements for Mutual Funds
OMB 1506-0033 · TREAS/FINCEN.
OMB 1506-0033
31 U.S.C. 5318(l) requires the Secretary to issue regulations prescribing minimum standards for customer identification programs (CIPs) for financial institutions. Regulations implementing section 5318(l) are as follows: (i) banks (31 CFR 1020.220); (ii) brokers-dealers (31 CFR 1023.220); (iii) mutual funds (31 CFR 1024.220); and (iv) futures commission merchants and introducing brokers in commodities (31 CFR 1026.220). Under the CIP regulations, the minimum requirements include: 1) implementation of a written customer identification program appropriate for the financial institution’s size and type of business; 2) identity verification procedures; 3) recordkeeping; 4) comparison with government lists; and 5) customer notice. This information collection request applies to CIP requirements for mutual funds.
The latest form for Customer Identification Program Regulatory Requirements for Mutual Funds expires 2027-12-31 and is listed under ICR 202408-1506-004.
Latest Forms, Documents, and Supporting Material
| Document | Type |
|---|---|
 1506-0033 MF CIP Supporting Statement 8_29_2024 Final.docx | Supporting Statement A |
| 1506-0033 MF CIP Supporting Statement 8_29_2024 Final.docx | Supporting Statement A |
 FinCEN-2023-0015-Comment 2- ABA 8_19_2024.pdf (document unavailable) | Public Comments |
| FINCEN-2023-0015-IBC.pdf (document unavailable) | Public Comments |
| FINCEN-2023-0015-Comment1- Anonymous.pdf (document unavailable) | Public Comments |
 Implementation of a Customer Identification Program |
Information collection |
| Customer Identification Program Notification to Customers |
Information collection |
| Maintenance of Customer Identification Programs |
Information collection |
All Historical Document Collections
| Reference | Filing | Received | Concluded | Action |
|---|---|---|---|---|
| 202408-1506-004 | Extension without change of a currently approved collection | 2024-08-30 | ||
| 202011-1506-004 | Extension without change of a currently approved collection | 2020-11-30 | ||
| 201808-1506-010 | Revision of a currently approved collection | 2018-11-30 | Approved without change | |
| 201509-1506-005 | Revision of a currently approved collection | 2015-09-30 | Approved without change | |
| 201205-1506-004 | Extension without change of a currently approved collection | 2012-07-16 | Approved without change | |
| 200905-1506-007 | Extension without change of a currently approved collection | 2009-05-27 | Approved without change | |
| 200605-1506-007 | Extension without change of a currently approved collection | 2006-05-03 | Approved without change | |
| 200304-1506-002 | New collection (Request for a new OMB Control Number) | 2003-04-21 | Approved without change |
OMB Details
Maintenance of Customer Identification Programs
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