FDIC Federal Register Citations

[Federal Register: June 3, 1997 (Volume 62, Number 106)]

[Notices]

[Page 30327-30328]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[DOCID:fr03jn97-64]

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FEDERAL DEPOSIT INSURANCE CORPORATION

Agency Information Collection Activities: Submission for OMB

Review; Comment Request

AGENCY: Federal Deposit Insurance Corporation.

ACTION: Notice of information collection to be submitted to OMB for

review and approval under the Paperwork Reduction Act of 1995.

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SUMMARY: In accordance with requirements of the Paperwork Reduction Act

of 1995 (44 U.S.C. Chapter 35), the FDIC hereby gives notice that it

plans to submit to the Office of Management and Budget a request for

OMB review of the information collection system described below.

Type of Review: Renewal without change in the substance or method

of collection.

Title: Criminal Referral Reporting.

Form Number: FDIC 6710.

OMB Number: 3064-0077.

Expiration Date of OMB Clearance: June 30, 1997.

OMB Reviewer: Alex Hunt, (202) 395-7316, Office of Management and

Budget, OIRA, Paperwork Reduction Project (3064-0077), Washington, D.C.

20503.

FDIC Contact: Steven F. Hanft, (202) 898-3907, Office of the

Executive Secretary, Room F-400, Federal Deposit Insurance Corporation,

550 17th Street N.W., Washington, D.C. 20429.

Comments: Comments on this collection of information are welcome

and should be submitted on or before July 3, 1997.

ADDRESSES: A copy of the submission may be obtained by calling or

writing the FDIC contact listed above.

[[Page 30328]]

Comments regarding the submission should be addressed to both the OMB

reviewer and the FDIC contact listed above.

SUPPLEMENTARY INFORMATION: Part 353 of the FDIC's Rules and Regulations

requires insured nonmember banks to report to the appropriate

investigatory and prosecuting authorities and to the FDIC, on a

prescribed form, criminal violations of the U.S. Code that involve or

affect the banks' affairs. The primary purpose of the reporting

requirement is to assure that the specific information needed by

investigators and prosecutors for effective law enforcement is provided

in an orderly and timely fashion. In addition, the ability of the FDIC

to monitor and act to reduce losses of insured nonmember banks as a

result of criminal activity is enhanced by receiving the reports. The

Criminal Referral form is used by each of the following agencies: the

Office of the Comptroller of the Currency, the Board of Governors of

the Federal Reserve System, the Federal Deposit Insurance Corporation,

the Office of Thrift Supervision, the National Credit Union

Administration, and the Resolution Trust Corporation (Each agency

separately seeks OMB approval for the use of this form). FDIC needs

this information to monitor white collar crime and insider abuse, which

can be serious threats to a bank's security and undermine confidence in

banks. FDIC regulation 12 CFR 353 requires that, whenever it appears

that a criminal violation of the United States Code involving or

affecting the assets or affairs of an insured nonmember bank has been

committed or attempted, the bank shall promptly report the apparent

violation to be the appropriate field office of the FBI, the applicable

U.S. Attorney's Office, and to the FDIC regional director.

Federal Deposit Insurance Corporation.

Robert E. Feldman,

Deputy Executive Secretary.

[FR Doc. 97-14456 Filed 6-2-97; 8:45 am]

BILLING CODE 6714-01-M