Foreign Currencies

foreign-currencies
TitleActionFR DocPublishedAgency NameExcerptsAbstractHTMLPDF
TitleActionFR DocPublishedAgency NameExcerptsAbstractHTMLPDF
Technical Corrections to U.S. Customs and Border Protection RegulationsRule2017-1588807/28/2017Homeland Security DepartmentU.S. Customs and Border Protection (CBP) periodically reviews its regulations to ensure that they are current, correct, and consistent. Through this review process, CBP discovered some discrepancies. This document amends certain sect … U.S. Customs and Border Protection (CBP) periodically reviews its regulations to ensure that they are current, correct, and consistent. Through this review process, CBP discovered some discrepancies. This document amends certain sections of title 19 of the Code of Federal Regulations to remedy these discrepancies.technical-corrections-to-us-customs-and-border-protection-regulationsFR-Doc-2017-15888
Commission Delegated Authority Provisions and Technical AmendmentsRule2017-1324306/26/2017Commodity Futures Trading CommissionThe Commodity Futures Trading Commission (the ``Commission'' or ``CFTC'') is adopting final rules to establish new and amend certain existing delegations of authority to Commission staff. The Commission is also adopting amendments … The Commodity Futures Trading Commission (the ``Commission'' or ``CFTC'') is adopting final rules to establish new and amend certain existing delegations of authority to Commission staff. The Commission is also adopting amendments to update statutory authority citations and correct limited typographical and technical errors in certain rules.commission-delegated-authority-provisions-and-technical-amendmentsFR-Doc-2017-13243
Regulatory Implementation of the Centers of Excellence and ExpertiseRule2016-2971912/20/2016Homeland Security DepartmentIn 2012, U.S. Customs and Border Protection (CBP) developed a test to incrementally transition the operational trade functions that traditionally reside with port directors to the Centers of Excellence and Expertise (Centers). The purp … In 2012, U.S. Customs and Border Protection (CBP) developed a test to incrementally transition the operational trade functions that traditionally reside with port directors to the Centers of Excellence and Expertise (Centers). The purpose of the test was to broaden the ability of the Centers to make decisions by waiving certain identified regulations to the extent necessary to provide the Center directors, who manage the Centers, with the authority to make the decisions normally reserved for the port directors. At this time, CBP is prepared to end the test and establish the Centers as a permanent organizational component of the agency and to transition certain additional trade functions to the Centers. This rule amends the CBP regulations on an interim basis to implement this organizational change by: Defining the Centers and the Center directors; amending the definition for port directors to distinguish their functions from those of the Center directors; identifying the Center management offices; explaining the process by which importers will be assigned to Centers; providing the importer with an appeals process for its Center assignment; identifying the regulatory functions that will be transitioned from the port directors to the Center directors and those that will be jointly carried out by the port directors and the Center directors; and providing clarification in applicable regulations that payments and documents may continue to be submitted at the ports of entry or electronically.regulatory-implementation-of-the-centers-of-excellence-and-expertiseFR-Doc-2016-29719
Electronic Notice of LiquidationRule2016-2965612/12/2016Homeland Security DepartmentThis document adopts as a final rule, with changes, proposed amendments to the U.S. Customs and Border Protection (CBP) regulations reflecting that official notice of liquidation, suspension of liquidation, and extension of liquida … This document adopts as a final rule, with changes, proposed amendments to the U.S. Customs and Border Protection (CBP) regulations reflecting that official notice of liquidation, suspension of liquidation, and extension of liquidation will be posted electronically on the CBP Web site. The regulatory revisions reflect that official notice of liquidation will no longer be posted at the customhouses or stations and that official notices of suspension of liquidation and extension of liquidation will no longer be mailed. Additionally, this rule makes certain technical corrections to the CBP regulations to reflect statutory amendments.electronic-notice-of-liquidationFR-Doc-2016-29656
Technical Amendments to Various Bank Secrecy Act RegulationsRule2016-2655711/04/2016Treasury DepartmentFinCEN is issuing this final rule to make a number of technical amendments. This final rule updates various sections of the regulations implementing the Bank Secrecy Act (``BSA'') by removing or replacing outdated references to … FinCEN is issuing this final rule to make a number of technical amendments. This final rule updates various sections of the regulations implementing the Bank Secrecy Act (``BSA'') by removing or replacing outdated references to obsolete BSA forms, removing references to outdated recordkeeping storage media, and replacing several other outdated terms and references.technical-amendments-to-various-bank-secrecy-act-regulationsFR-Doc-2016-26557
Electronic Notice of LiquidationProposed Rule2016-2485810/14/2016Homeland Security DepartmentThis document proposes to amend the U.S. Customs and Border Protection (CBP) regulations to reflect that official notice of liquidation, suspension of liquidation, and extension of liquidation will be posted electronically on the … This document proposes to amend the U.S. Customs and Border Protection (CBP) regulations to reflect that official notice of liquidation, suspension of liquidation, and extension of liquidation will be posted electronically on the CBP Web site. This document also proposes regulatory revisions to reflect that official notice of liquidation will no longer be posted at the customhouses or stations and that official notices of suspension of liquidation and extension of liquidation will no longer be mailed. Additionally, this document proposes to make certain technical corrections to the CBP regulations.electronic-notice-of-liquidationFR-Doc-2016-24858
Customer Identification Programs, Anti-Money Laundering Programs, and Beneficial Ownership Requirements for Banks Lacking a Federal Functional RegulatorProposed Rule2016-2021908/25/2016Treasury DepartmentFinCEN is issuing this proposed rule to implement section 326 of the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 and to remove the anti-money laundering pr … FinCEN is issuing this proposed rule to implement section 326 of the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 and to remove the anti-money laundering program exemption for banks that lack a Federal functional regulator, including, but not limited to, private banks, non-federally insured credit unions, and certain trust companies. The proposed rule would prescribe minimum standards for anti-money laundering programs for banks without a Federal functional regulator to ensure that all banks, regardless of whether they are subject to Federal regulation and oversight, are required to establish and implement anti-money laundering programs, and would extend customer identification program requirements and beneficial ownership requirements to those banks not already subject to these requirements.customer-identification-programs-anti-money-laundering-programs-and-beneficial-ownershipFR-Doc-2016-20219
Customer Due Diligence Requirements for Financial InstitutionsRule2016-1056705/11/2016Treasury DepartmentFinCEN is issuing final rules under the Bank Secrecy Act to clarify and strengthen customer due diligence requirements for: Banks; brokers or dealers in securities; mutual funds; and futures commission merchants and introducing brokers … FinCEN is issuing final rules under the Bank Secrecy Act to clarify and strengthen customer due diligence requirements for: Banks; brokers or dealers in securities; mutual funds; and futures commission merchants and introducing brokers in commodities. The rules contain explicit customer due diligence requirements and include a new requirement to identify and verify the identity of beneficial owners of legal entity customers, subject to certain exclusions and exemptions.customer-due-diligence-requirements-for-financial-institutionsFR-Doc-2016-10567
Financial Crimes Enforcement Network; Amendment to the Bank Secrecy Act Regulations-Reports of Foreign Financial AccountsProposed Rule2016-0488003/10/2016Treasury DepartmentFinCEN, a bureau of the Department of the Treasury (``Treasury''), is proposing to revise the regulations implementing the Bank Secrecy Act (``BSA'') regarding Reports of Foreign Bank and Financial Accounts (``FBAR''). The proposed ru … FinCEN, a bureau of the Department of the Treasury (``Treasury''), is proposing to revise the regulations implementing the Bank Secrecy Act (``BSA'') regarding Reports of Foreign Bank and Financial Accounts (``FBAR''). The proposed rule would expand and clarify the exemptions for certain U.S. persons with signature or other authority over foreign financial accounts. In addition, the proposed rule would remove the special rules permitting limited account information to be reported when a U.S. person has financial interest in or signature authority over 25 or more foreign financial accounts. The proposed rule would also make several other changes, including a change to the filing date for FBAR reports due in 2017 and a revision to reflect electronic filing of FBARs.financial-crimes-enforcement-network-amendment-to-the-bank-secrecy-act-regulations-reports-ofFR-Doc-2016-04880
Customer Due Diligence Requirements for Financial InstitutionsProposed Rule2014-1803608/04/2014Treasury DepartmentThe Financial Crimes Enforcement Network (FinCEN), after consulting with staff from various federal supervisory authorities, is proposing rules under the Bank Secrecy Act to clarify and strengthen customer due diligence requirements fo … The Financial Crimes Enforcement Network (FinCEN), after consulting with staff from various federal supervisory authorities, is proposing rules under the Bank Secrecy Act to clarify and strengthen customer due diligence requirements for: Banks; brokers or dealers in securities; mutual funds; and futures commission merchants and introducing brokers in commodities. The proposed rules would contain explicit customer due diligence requirements and would include a new regulatory requirement to identify beneficial owners of legal entity customers, subject to certain exemptions.customer-due-diligence-requirements-for-financial-institutionsFR-Doc-2014-18036
Anti-Money Laundering Program and Suspicious Activity Report Filing Requirements for Housing Government Sponsored EnterprisesRule2014-0412502/25/2014Treasury DepartmentFinCEN, a bureau of the Department of the Treasury (``Treasury''), is issuing this Final Rule defining certain housing government sponsored enterprises as financial institutions for the purpose of requiring them to establish anti-money … FinCEN, a bureau of the Department of the Treasury (``Treasury''), is issuing this Final Rule defining certain housing government sponsored enterprises as financial institutions for the purpose of requiring them to establish anti-money laundering programs and report suspicious activities pursuant to the Bank Secrecy Act. The requirements to establish anti-money laundering programs and report suspicious activities are intended to help prevent fraud and other financial crimes.anti-money-laundering-program-and-suspicious-activity-report-filing-requirements-for-housingFR-Doc-2014-04125
Retail Foreign Exchange Transactions (Regulation NN)Rule2013-0816304/09/2013Federal Reserve SystemThe Board of Governors of the Federal Reserve System (``Board'') is adopting a final rule to permit banking organizations under its supervision to engage in off-exchange transactions in foreign currency with retail customers. The final … The Board of Governors of the Federal Reserve System (``Board'') is adopting a final rule to permit banking organizations under its supervision to engage in off-exchange transactions in foreign currency with retail customers. The final rule also describes various requirements with which banking organizations must comply to conduct such transactions.retail-foreign-exchange-transactions-regulation-nnFR-Doc-2013-08163
Retail Foreign Exchange TransactionsProposed Rule2012-2512310/12/2012Treasury DepartmentThe Office of the Comptroller of the Currency (OCC) is proposing to amend its retail foreign exchange rule for transactions with bank common trust funds, bank collective investment funds, and insurance company separate accounts and … The Office of the Comptroller of the Currency (OCC) is proposing to amend its retail foreign exchange rule for transactions with bank common trust funds, bank collective investment funds, and insurance company separate accounts and is making technical corrections to the rule.retail-foreign-exchange-transactionsFR-Doc-2012-25123
Repeal of the Final Rule Imposing Special Measures and Withdrawal of the Findings of Primary Money Laundering Concern Against Myanmar Mayflower Bank and Asia Wealth BankRule2012-2399510/01/2012Treasury DepartmentThis document repeals FinCEN's final rule, ``Imposition of Special Measures Against Myanmar Mayflower Bank and Asia Wealth Bank'' of April 12, 2004, and withdraws the findings of Myanmar Mayflower Bank and Asia Wealth Bank as Financ … This document repeals FinCEN's final rule, ``Imposition of Special Measures Against Myanmar Mayflower Bank and Asia Wealth Bank'' of April 12, 2004, and withdraws the findings of Myanmar Mayflower Bank and Asia Wealth Bank as Financial Institutions of Primary Money Laundering Concern of November 25, 2003, issued pursuant to 31 U.S.C. 5318A of the Bank Secrecy Act (the ``BSA'').repeal-of-the-final-rule-imposing-special-measures-and-withdrawal-of-the-findings-of-primary-moneyFR-Doc-2012-23995
Defense Federal Acquisition Regulation Supplement; Contractors Performing Private Security Functions (DFARS Case 2011-D023)Rule2012-1430406/15/2012Defense DepartmentDoD is adopting as final, with changes, an interim rule amending the Defense Federal Acquisition Regulation Supplement (DFARS) to implement those sections of several National Defense Authorization Acts which establish minimum process … DoD is adopting as final, with changes, an interim rule amending the Defense Federal Acquisition Regulation Supplement (DFARS) to implement those sections of several National Defense Authorization Acts which establish minimum processes and requirements for the selection, accountability, training, equipping, and conduct of personnel performing private security functions under DoD contracts.defense-federal-acquisition-regulation-supplement-contractors-performing-private-security-functionsFR-Doc-2012-14304
Amendment to the Bank Secrecy Act Regulations-Requirement That Clerks of Court Report Certain Currency TransactionsRule2012-1378306/07/2012Treasury DepartmentFinCEN is amending the rules relating to the reporting of certain currency transactions consistent with a recent statutory amendment authorizing FinCEN to require clerks of court to file such reports with the U.S. Department of … FinCEN is amending the rules relating to the reporting of certain currency transactions consistent with a recent statutory amendment authorizing FinCEN to require clerks of court to file such reports with the U.S. Department of the Treasury. Such information already is required to be reported by clerks of court pursuant to regulations issued by the Internal Revenue Service (``IRS''), but FinCEN heretofore has been limited in its ability to access and share further that information because of minor differences between the relevant statutory authorities applicable to FinCEN and the IRS.amendment-to-the-bank-secrecy-act-regulations-requirement-that-clerks-of-court-report-certainFR-Doc-2012-13783
Amendment to the Bank Secrecy Act Regulations-Exemption From the Requirement To Report Transactions in CurrencyRule2012-1378106/07/2012Treasury DepartmentFinCEN is issuing this final rule to amend the regulations that allow depository institutions to exempt transactions of certain payroll customers \\1\\ from the requirement to report transactions in currency in excess of $10,000. The r … FinCEN is issuing this final rule to amend the regulations that allow depository institutions to exempt transactions of certain payroll customers \\1\\ from the requirement to report transactions in currency in excess of $10,000. The rule substitutes the term ``frequently'' for ``regularly'' in the provision of the exemption rules dealing with payroll customers. This modification of the exemption procedures is a part of the Department of the Treasury's continuing effort to increase the efficiency and effectiveness of its anti-money laundering and counter-terrorist financing policies. ---------------------------------------------------------------------------amendment-to-the-bank-secrecy-act-regulations-exemption-from-the-requirement-to-report-transactionsFR-Doc-2012-13781
Anti-Money Laundering Program and Suspicious Activity Report Filing Requirements for Residential Mortgage Lenders and OriginatorsRule2012-307402/14/2012Treasury DepartmentFinCEN, a bureau of the Department of the Treasury (``Treasury''), is issuing this Final Rule defining non-bank residential mortgage lenders and originators as loan or finance companies for the purpose of requiring them to establish an … FinCEN, a bureau of the Department of the Treasury (``Treasury''), is issuing this Final Rule defining non-bank residential mortgage lenders and originators as loan or finance companies for the purpose of requiring them to establish anti-money laundering programs and report suspicious activities under the Bank Secrecy Act.anti-money-laundering-program-and-suspicious-activity-report-filing-requirements-for-residentialFR-Doc-2012-3074
Anti-Money Laundering Program and Suspicious Activity Reporting Requirements for Housing Government Sponsored EnterprisesProposed Rule2011-2882011/08/2011Treasury DepartmentFinCEN, a bureau of the Department of the Treasury (``Treasury''), is issuing proposed rules defining certain housing government sponsored enterprises as financial institutions for the purpose of requiring them to establish anti-money … FinCEN, a bureau of the Department of the Treasury (``Treasury''), is issuing proposed rules defining certain housing government sponsored enterprises as financial institutions for the purpose of requiring them to establish anti-money laundering programs and report suspicious activities pursuant to the Bank Secrecy Act. The proposal to require these organizations to establish anti-money laundering programs and report suspicious activities is intended to help prevent fraud and other financial crimes.anti-money-laundering-program-and-suspicious-activity-reporting-requirements-for-housing-governmentFR-Doc-2011-28820
Bank Secrecy Act Regulations: Definition of \u201cMonetary Instrument\u201dProposed Rule2011-2674310/17/2011Treasury DepartmentFinCEN is proposing to amend the definition of ``monetary instrument'' in the Bank Secrecy Act (``BSA'') regulations for purposes of the international transport of currency and monetary instrument reporting requirement to include tang … FinCEN is proposing to amend the definition of ``monetary instrument'' in the Bank Secrecy Act (``BSA'') regulations for purposes of the international transport of currency and monetary instrument reporting requirement to include tangible prepaid access devices.bank-secrecy-act-regulations-definition-of-monetary-instrumentFR-Doc-2011-26743
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