Notice2025-19293
Agency Information Collection Activities; Information Collection Revision; Submission for OMB Review; Bank Secrecy Act/Money Laundering Risk Assessment
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
October 2, 2025
Issuing agencies
Treasury DepartmentComptroller of the Currency
Abstract
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning a revision to its information collection titled, "Bank Secrecy Act/Money Laundering Risk Assessment," also known as the Money Laundering Risk (MLR) System. The OCC also is giving notice that it has sent the collection to OMB for review.
Full Text
<html>
<head>
<title>Federal Register, Volume 90 Issue 189 (Thursday, October 2, 2025)</title>
</head>
<body><pre>
[Federal Register Volume 90, Number 189 (Thursday, October 2, 2025)]
[Notices]
[Pages 47903-47905]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-19293]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities; Information Collection
Revision; Submission for OMB Review; Bank Secrecy Act/Money Laundering
Risk Assessment
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: The OCC, as part of its continuing effort to reduce paperwork
and respondent burden, invites comment on a continuing information
collection, as required by the Paperwork Reduction Act of 1995 (PRA).
In accordance with the requirements of the PRA, the OCC may not conduct
or sponsor, and the respondent is not required to respond to, an
information collection unless it displays a currently valid Office of
Management and Budget (OMB) control number. The OCC is soliciting
comment concerning a revision to its information collection titled,
``Bank Secrecy Act/Money Laundering Risk Assessment,'' also known as
the Money Laundering Risk (MLR) System. The OCC also is giving notice
that it has sent the collection to OMB for review.
DATES: Comments must be received by November 3, 2025.
ADDRESSES: Commenters are encouraged to submit comments by email, if
possible. You may submit comments by any of the following methods:
<bullet> Email: <a href="/cdn-cgi/l/email-protection#651517040c0b030a250a06064b11170004164b020a13"><span class="__cf_email__" data-cfemail="334341525a5d555c735c50501d47415652401d545c45">[email protected]</span></a>.
<bullet> Mail: Chief Counsel's Office, Attention: Comment
Processing, Office of the Comptroller of the Currency, Attention: 1557-
0231, 400 7th Street SW, Suite 3E-218, Washington, DC 20219.
<bullet> Hand Delivery/Courier: 400 7th Street SW, Suite 3E-218,
Washington, DC 20219.
<bullet> Fax: (571) 293-4835.
Instructions: You must include ``OCC'' as the agency name and
``1557-0231'' in your comment. In general, the OCC will publish
comments on <a href="http://www.reginfo.gov">www.reginfo.gov</a> without change, including any business or
personal information provided, such as name and address information,
email addresses, or phone numbers. Comments received, including
attachments and other supporting materials, are part of the public
record and subject to public disclosure. Do not include any information
in your comment or supporting materials that you consider confidential
or inappropriate for public disclosure.
Written comments and recommendations for the proposed information
collection should also be sent within 30 days of publication of this
notice to <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. You can find this
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.
You may review comments and other related materials that pertain to
this information collection following the close of the 30-day comment
period for this notice by the method set forth in the next bullet.
<bullet> Viewing Comments Electronically: Go to <a href="http://www.reginfo.gov">www.reginfo.gov</a>.
Hover over the ``Information Collection Review'' tab and click on
``Information Collection Review'' from the drop-down menu. From the
``Currently under Review'' drop-down menu, select ``Department of
Treasury'' and then click ``submit.'' This information collection can
be located by searching OMB control number ``1557-0231'' or ``Bank
Secrecy Act/Money Laundering Risk Assessment.'' Upon finding the
appropriate information collection, click on the related ``ICR
Reference Number.'' On the next screen, select ``View Supporting
Statement and Other Documents'' and then click on the link to any
comment listed at the bottom of the screen.
<bullet> For assistance in navigating <a href="http://www.reginfo.gov">www.reginfo.gov</a>, please
contact the Regulatory Information Service Center at (202) 482-7340.
FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, Clearance Officer,
(202) 649-5490, Chief Counsel's Office, Office of the Comptroller of
the Currency, 400 7th Street, SW, Washington, DC 20219. If you are
deaf, hard of hearing, or have a speech disability, please dial 7-1-1
to access telecommunications relay services.
SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501 et seq.),
Federal agencies must obtain approval from the OMB for each collection
of information that they conduct or sponsor. ``Collection of
information'' is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to
include agency requests or requirements that members of the public
submit reports, keep records, or provide information to a third party.
The OCC asks the OMB to extend its approval of the collection in this
notice.
Title: Bank Secrecy Act/Money Laundering Risk Assessment.
OMB Control No.: 1557-0231.
Type of Review: Regular.
Affected Public: Businesses or other for-profit.
Description: The MLR System enhances the ability of examiners and
bank management to identify and evaluate Bank Secrecy Act/Money
Laundering and Office of Foreign Asset Control (OFAC) sanctions risks
associated with banks' products, services, customers, and locations. As
new products and services are introduced, existing products and
services change, and banks expand through mergers and acquisitions,
banks' evaluation of money laundering and terrorist financing risks
should evolve as well. Consequently, the MLR risk assessment is an
important tool for the OCC's Bank Secrecy Act/Anti-Money Laundering and
OFAC supervision activities because it allows the agency to better
identify those institutions, and areas within institutions, that pose
heightened risk and allocate examination resources accordingly. This
risk assessment is critical for protecting U.S. financial institutions
of all sizes from potential abuse from money laundering and terrorist
financing. An appropriate risk assessment allows applicable control to
be effectively implemented for the lines of business, products, or
entities that would elevate Bank Secrecy Act/Money Laundering and OFAC
compliance risks.
The OCC will collect MLR information for community banks and trust
banks supervised by the OCC. The OCC's annual Risk Summary Form (RSF)
is fully automated making data entry quick and efficient and providing
an electronic record for all parties. For 2025, the RSF will include
three significant changes to the products, services, and customers
(PSCs) collected:
1. The addition of one new PSC: bank-fintech partnerships.
2. The deletion of one existing PSC: payable through accounts.
3. The consolidation of fourteen existing PSCs into the following
seven: Payable Upon Proper Identification (PUPID) wire transfers
(domestic and international), foreign/international remote deposit
capture, prepaid card program managers and providers, reloadable
prepaid cards and card
[[Page 47904]]
programs, non-reloadable prepaid cards and card programs, prepaid card
programs--bank sponsored, and prepaid cardholders.
The net reduction of seven PSCs decreases the number of data
collection points from 71 to 68 as shown in the table below (* PSC
changes are denoted in bold):
------------------------------------------------------------------------
No. Existing PSCs No. New PSCs
------------------------------------------------------------------------
1............ Cash Transactions.... 1........... Convenience Stores
2............ Marijuana Related 2........... Liquor Stores
Businesses.
3............ ATM Operators........ 3........... Independent ATM
Owners/Operators
4............ Crypto-Assets Custody 4........... Domestic Charitable
Organizations
5............ Stablecoin Issuance.. 5........... Jewelry, Gem &
Precious Metal
Dealers
6............ Stablecoin Payments.. 6........... Casinos
7............ Convenience Stores... 7........... Car Dealers
8............ Liquor Stores........ 8........... Domestic Private
Banking
9............ Domestic Charitable 9........... Domestic Commercial
Organizations. Letters of Credit
10........... Jewelry, Gem and 10.......... Stand-by Letters of
Precious Metals Credit
Dealers.
11........... Casinos.............. 11.......... Marijuana Related
Businesses
12........... Car Dealers.......... 12.......... Customers/Accounts
opened through the
Internet, Mail,
Wire or Phone (non-
branch)
13........... Domestic Private 13.......... Domestic Deposit
Banking. Brokers
14........... Domestic Commercial 14.......... Travel Agencies
Letters of Credit.
15........... Stand-by Letters of 15.......... Broker Dealers
Credit.
16........... Customers/Accounts 16.......... Telemarketers
opened through the
Internet, Mail, Wire
or Phone (non-
branch).
17........... Domestic Deposit 17.......... Remotely Created
Brokers. Check Customers
18........... Travel Agencies...... 18.......... Domestic Remote
Deposit Capture
Customers
19........... Broker Dealers....... 19.......... Third Party Senders
20........... Telemarketers........ 20.......... Cash Transactions
21........... Remotely Created 21.......... Issuance of
Check Customers. Traveler's Checks,
Official Bank
Checks & Money
Orders
22........... Domestic Remote 22.......... Domestic Wire
Deposit Capture Transfers
Customers.
23........... Third Party Senders.. 23.......... PUPID Wire Transfers
(Domestic and
International)
24........... Issuance of 24.......... ACH
Traveler's Checks,
Official Bank Checks
& Money Orders.
25........... Domestic Wire 25.......... Remotely Created
Transfers. Checks
26........... Domestic PUPID Wire 26.......... Domestic Remote
Transfers. Deposit Capture
27........... ACH.................. 27.......... Non-Resident Alien
Accounts
28........... Remotely Created 28.......... Politically Exposed
Checks. Persons
29........... Domestic Remote 29.......... Foreign Off-Shore
Deposit Capture. Corporations
30........... Non-Resident Alien 30.......... Foreign Deposit
Accounts. Brokers
31........... Politically Exposed 31.......... Foreign Charitable
Persons. Organizations
32........... Foreign Off-Shore 32.......... Import/Export
Corporations.
33........... Foreign Deposit 33.......... Foreign/
Brokers. International
Remote Deposit
Capture
34........... Foreign Charitable 34.......... Foreign
Organizations. Correspondent
Accounts
35........... Import/Export........ 35.......... Pouch Services
36........... Foreign Remote 36.......... Foreign Bank
Deposit Capture Affiliate (e.g.,
Customers. Parallel Banks)
37........... Foreign Correspondent 37.......... International
Accounts. Department
38........... Payable Through 38.......... International
Accounts. Private Banking
39........... Pouch Services....... 39.......... Embassy & Consulate
Banking
40........... Foreign Bank 40.......... International
Affiliate. Commercial Letters
of Credit
41........... International 41.......... International Bank
Department. Drafts
42........... International Private 42.......... International Wire
Banking. Transfers
43........... Embassy & Consulate 43.......... Remittance Products
Banking.
44........... International 44.......... Cross-Border ACH
Commercial Letters
of Credit.
45........... International Bank 45.......... Domestic Casas de
Drafts. Cambio/Currency
Exchange
46........... International Wire 46.......... Foreign Casas de
Transfers. Cambio/Currency
Exchange
47........... International PUPID 47.......... Money Transmitters
Wire Transfers.
48........... Remittance Products.. 48.......... Check Cashers
49........... Cross-Border ACH..... 49.......... Issuers or Sellers
of Traveler's
Checks or Money
Orders
50........... International Remote 50.......... Prepaid Card
Deposit Capture. Providers and
Managers
51........... Domestic Casas de 51.......... Sellers of Prepaid
Cambio/Currency Access
Exchange.
52........... Foreign Casas de 52.......... Bank-Fintech
Cambio/Currency Partnerships
Exchange.
53........... Money Transmitters... 53.......... Reloadable Prepaid
Cards and Card
Programs
54........... Check Cashers........ 54.......... Non-Reloadable
Prepaid Cards and
Card Programs
55........... Issuers or Sellers of 55.......... Prepaid Card
Traveler Checks or Programs--Bank
Money Orders. Sponsored
(Reloadable and Non-
Reloadable)
56........... Providers of Prepaid 56.......... Prepaid Cardholders
Access. (Reloadable and Non-
Reloadable)
57........... Sellers of Prepaid 57.......... Domestic Charitable
Access. Trusts &
Foundations
58........... Prepaid Cards........ 58.......... Foreign Charitable
Trusts &
Foundations
59........... Prepaid Card 59.......... Custodial Accounts
Programs--Third
Party Sponsored.
60........... Prepaid Card 60.......... Investment Advisory
Programs--Bank Accounts
Sponsored.
61........... Prepaid Cardholders.. 61.......... Revocable Trusts
62........... Prepaid Card Program 62.......... Foreign Grantor or
Managers. Beneficiaries
63........... Domestic Charitable 63.......... Loans to Closely
Trusts & Foundations. Held Corporations
64........... Foreign Charitable 64.......... Brokerage Department/
Trusts & Foundations. Operations
[[Page 47905]]
65........... Custodial Accounts... 65.......... Investment Advisory/
Management
66........... Investment Advisory 66.......... Crypto-Assets
Accounts. Custody
67........... Revocable Trusts..... 67.......... Stablecoin Issuance
68........... Foreign Grantor or 68.......... Stablecoin Payments
Beneficiaries.
69........... Loans to Closely Held
Corporations.
70........... Brokerage Department/
Operations.
71........... Investment Advisory/
Management.
------------------------------------------------------------------------
The OCC estimates the burden of this collection of information as
follows:
Estimated Burden
Community bank population:
Estimated Number of Respondents: 609.
Estimated Number of Responses: 609.
Estimated Frequency of Response: Annually.
Estimated Total Annual Burden: 3,350 hours.
Comments: On June 24, 2025, the OCC published a 60-day notice for
this information collection. No comments were received. Comments
continue to be invited on:
(a) Whether the collection of information is necessary for the
proper performance of the functions of the OCC, including whether the
information has practical utility;
(b) The accuracy of the OCC's estimate of the burden of the
collection of information;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of the collection on respondents,
including through the use of automated collection techniques or other
forms of information technology; and
(e) Estimates of capital or start-up costs and costs of operation,
maintenance, and purchase of services to provide information.
Sarah Turney,
Assistant Director, Office of the Comptroller of the Currency.
[FR Doc. 2025-19293 Filed 10-1-25; 8:45 am]
BILLING CODE P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on October 2, 2025.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.