Notice2025-23743
Agency Information Collection Activities; Submission for OMB Review; Comment Request; Information Sharing Between Government Agencies and Financial Institutions
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
December 23, 2025
Issuing agencies
Treasury Department
Abstract
The Department of the Treasury will submit the following information collection request to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. The public is invited to submit comments on this request.
Full Text
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<title>Federal Register, Volume 90 Issue 244 (Tuesday, December 23, 2025)</title>
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[Federal Register Volume 90, Number 244 (Tuesday, December 23, 2025)]
[Notices]
[Page 60239]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-23743]
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DEPARTMENT OF THE TREASURY
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Information Sharing Between Government
Agencies and Financial Institutions
AGENCY: Departmental Offices, U.S. Department of the Treasury.
ACTION: Notice of information collection; request for comment.
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SUMMARY: The Department of the Treasury will submit the following
information collection request to the Office of Management and Budget
(OMB) for review and clearance in accordance with the Paperwork
Reduction Act of 1995, on or after the date of publication of this
notice. The public is invited to submit comments on this request.
DATES: Comments should be received on or before December 23, 2025 to be
assured of consideration.
ADDRESSES: Written comments and recommendations for the proposed
information collection should 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>. Find this particular
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.
FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be
obtained from Spencer W. Clark by emailing <a href="/cdn-cgi/l/email-protection#a8f8fae9e8dcdacdc9dbdddad186cfc7de"><span class="__cf_email__" data-cfemail="4212100302363027233137303b6c252d34">[email protected]</span></a>, calling
(202) 927-5331, or viewing the entire information collection request at
<a href="http://www.reginfo.gov">www.reginfo.gov</a>.
SUPPLEMENTARY INFORMATION:
Financial Crimes Enforcement Network (FinCEN)
Title: Information sharing between government agencies and
financial institutions.
OMB Control Number: 1506-0049.
Type of Review: Extension without change of a currently approved
collection.
Description: The Uniting and Strengthening America by Providing
Appropriate Tools Required to Intercept and Obstruct Terrorism Act of
2001 (USA PATRIOT Act) charged the Department of the Treasury
(Treasury) with developing regulations to facilitate information
sharing among government entities and financial institutions for the
purpose of combatting terrorism and money laundering.\1\ In 2002,
FinCEN published a final rule implementing the authority contained in
section 314(a) of the USA PATRIOT Act (the Section 314(a) Rule).\2\ The
rule required financial institutions, upon FinCEN's request (a
``Section 314(a) Request''), to search their records to determine
whether they have maintained an account or conducted a transaction with
a specified individual, entity, or organization that a Federal law
enforcement agency has certified is suspected, based on credible
evidence, of engaging in terrorist activity or money laundering. The
rule enables certain foreign law enforcement agencies, state and local
law enforcement agencies, and FinCEN itself, on its own behalf and on
behalf of appropriate components of Treasury, to initiate Section
314(a) Requests.\3\ Before processing a request, FinCEN requires the
requesting agency to certify that, in the case of money laundering, the
matter is significant, and that the requesting agency has been unable
to locate the information sought through traditional methods of
investigation and analysis. The regulations implementing the rules are
found at 31 CFR 1010.520.
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\1\ Public Law 107-56, 115 Stat. 272 (Oct. 26, 2001).
\2\ FinCEN, Final Rule--Special Information Sharing Procedures
to Deter Money Laundering and Terrorist Activity, 67 FR 60579,
(Sept. 26, 2002).
\3\ FinCEN, Final Rule--Expansion of Special Information Sharing
Procedures To Deter Money Laundering and Terrorist Activity, 75 FR
6560, (Feb. 10, 2010).
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Form: Not applicable.
Affected Public: Businesses or other for profit and non-profit
institutions.
Estimated Number of Potential Respondents: 575,873 financial
institutions.
Estimated Number of Expected Respondents: 12,726 financial
institutions.
Frequency of Response: As required.
Estimated Total Number of Annual Responses: 7,381,080.
Estimated Burden Hours per Respondent: Approximately 44 hours.
Estimated Total Annual Burden Hours: 555,702.
Authority: 44 U.S.C. 3501 et seq.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2025-23743 Filed 12-22-25; 8:45 am]
BILLING CODE 4810-02-P
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