[Federal Register Volume 77, Number 155 (Friday, August 10, 2012)]
[Pages 47840-47841]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-19655]



Agency Information Collection Activities; Renewal of a Currently 
Approved Collection; Comment Request; Suspicious Activity Report

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comments.


SUMMARY: The FDIC, as part of its continuing effort to reduce paperwork 
and respondent burden, invites the general public and other Federal 
agencies to take this opportunity to comment on information 
collections, as required by the Paperwork Reduction Act of 1995, Public 
Law 104-13 (44 U.S.C. 3506(c)(2)(A). The FDIC is soliciting comments 
concerning the currently approved Suspicious Activity Report by 
Depository Institutions, which is being renewed without change.

DATES: Comments must be submitted on or before October 9, 2012.

ADDRESSES: Interested parties are invited to submit written comments to 
the FDIC by any of the following methods:
     Email: [email protected]. Include the name of the 
collection in the subject line of the message.
     Mail: Leneta G. Gregorie (202-898-3719), Counsel, Room NY-
5050, Federal Deposit Insurance Corporation, 550 17th Street NW., 
Washington, DC 20429.
     Hand Delivery: Comments may be hand-delivered to the guard 
station at the rear of the 17th Street Building (located on F Street), 
on business days between 7:00 a.m. and 5:00 p.m.

All comments should refer to the relevant OMB control number. A copy of 
the comments may also be submitted to the OMB desk officer for the 
FDIC: Office of Information and Regulatory Affairs, Office of 
Management and Budget, New Executive Office Building, Washington, DC 

FOR FURTHER INFORMATION CONTACT: Leneta Gregorie, at the FDIC address 


Proposal To Renew the Following Currently Approved Collections of 

    Title: Suspicious Activity Report.
    OMB Number: 3064-0077.
    Form Numbers: FDIC 6710/06.
    Frequency of Response: On occasion.
    Affected Public: Insured state nonmember banks and state savings 
    Estimated Number of Respondents: 5,243.
    Estimated Average Time per Response: 1 hour.
    Frequency of Response: 26.2.
    Total Annual Burden: 137,467 hours.
    General Description of Collection: In 1985, the FDIC, the Federal 
Reserve Board (FRB), the Office of the Comptroller of the Currency 
(OCC), the National Credit Union Administration (NCUA) (collectively 
``the Agencies''), issued procedures to be used by banks and certain 
other financial institutions operating in the United States to report 
known or suspected criminal activities to the appropriate law 
enforcement and the Agencies. Beginning in 1994, the Agencies and the 
Financial Crimes Enforcement Network (FinCEN) undertook a redesign of 
the reporting process and developed the Suspicious Activity Report, 
which became effective in April 1996. The report is authorized by the 
following regulations: 12 CFR 353.3 (FDIC); 12 CFR 21.11 and 12 CFR 
163.180 (OCC); 12 CFR 208.62(c), 211.5(k), 211.24(f), and 225.4(f) 
(FRB); 12 CFR 748.1 (NCUA); and 31 CFR 103.18 (FinCEN). The regulations 
were issued under the authority contained in the following statutes: 12 
U.S.C1818-1820 (FDIC); 12 U.S.C. 248(a)(1), 625,

[[Page 47841]]

1818, 1844(c), 3105(c)(2) and 3106(a) (FRB); 12 U.S.C. 93a, 1463, 1464, 
1818, 1881-84, 3401-22, 31 U.S.C. 5318 (OCC); 12 U.S.C. 1766(a), 
1789(a) (NCUA); and 31 U.S.C. 5318(g) (FinCEN).

Request for Comment

    Comments are invited on: (a) Whether the collection of information 
is necessary for the proper performance of the FDIC's functions, 
including whether the information has practical utility; (b) the 
accuracy of the estimates of the burden of the information collection, 
including the validity of the methodology and assumptions used; (c) 
ways to enhance the quality, utility, and clarity of the information to 
be collected; and (d) ways to minimize the burden of the information 
collection on respondents, including through the use of automated 
collection techniques or other forms of information technology. All 
comments will become a matter of public record.

    Dated at Washington, DC, this 7th day of August, 2012.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2012-19655 Filed 8-9-12; 8:45 am]