OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Financial Record-keeping and Reporting and Report of Foreign Bank and Financial Accounts

ICR 201306-1506-002 · OMB 1506-0009 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
Form FinCEN Form 114 Report of Foreign Bank and Financial Accounts Form Modified Available
FBAR PRA 2013 83I clean 6-12-13 supp.doc Supporting Statement A Uploaded 2013-06-27 Available
IC Document Collections
IC IDCollectionTypeStatusForm
15292 Report of Foreign Bank and Financial Accounts Form Modified
ICR Details
1506-0009 201306-1506-002
Historical Active 201103-1506-001
TREAS/FINCEN
Financial Record-keeping and Reporting and Report of Foreign Bank and Financial Accounts
Revision of a currently approved collection   No
Regular
Approved without change 08/09/2013
Retrieve Notice of Action (NOA) 07/09/2013
  Inventory as of this Action Requested Previously Approved
08/31/2016 36 Months From Approved 06/30/2014
685,000 0 400,000
685,000 0 500,000
0 0 0
The Bank Secrecy Act authorizes Treasury to require financial institutions and individuals to keep records and file reports that the Treasury determines have a high degree of usefulness in criminal, tax, or regulatory matters, or to protect against international terrorism. The information collected assist Federal, State, and local law enforcement in the identification, investigation, and prosecution of individuals involved in a variety of financial crimes.
US Code: 31 USC 5311-5330 Name of Law: Bank Secrecy Act
   US Code: 31 USC 5314 Name of Law: Money and Finance
  
None
Not associated with rulemaking
  78 FR 14415 03/05/2013
78 FR 40269 07/03/2013
Yes
1
IC Title Form No. Form Name
Report of Foreign Bank and Financial Accounts FinCEN Form 114 Report of Foreign Bank and Financial Accounts (FBAR)
  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 685,000 400,000 0 285,000 0 0
Annual Time Burden (Hours) 685,000 500,000 0 185,000 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
The report is being expanded to include third party preparers filing for their clients. This addition and an increase in the number of individual filers raises the total number of report received to 685,000 per year. The posted form is the draft version of the electronic form that is currently in development and testing. The functional version will be uploaded in late July 2013.
$0
No
No
No
No
No
Uncollected
Russell Stephenson 202 354-6012
  No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
07/09/2013