1506-AB63 202310 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 1506 Financial Crimes Enforcement Network FINCEN 1500 Department of the Treasury TREAS Exempting a System of Records From Certain Provisions of the Privacy Act of 1974

FinCEN intends to issue a final rule amending 31 CFR 1.36 to exempt a new system of records, entitled "FinCEN .004 - Beneficial Ownership Information System," from certain provisions of the Privacy Act of 1974. The Beneficial Ownership Information (BOI) System is being established to implement the BOI reporting and access requirements set out in the Bank Secrecy Act (BSA), as amended by the Corporate Transparency Act. The exemptions are intended to increase the value of the system for law enforcement purposes and to comply with the BSA’s prohibitions against unauthorized disclosure of certain information.

]]> Info./Admin./Other First Time Published in The Unified Agenda Final Rule Stage Undetermined No 1 CFR 1.36 5 U.S.C. 552a No NPRM 09/14/2023 88 FR 63039 NPRM Comment Period End 10/16/2023 Final Action 11/00/2023 No None No No No No FinCEN Regulatory Support Section 1506 Financial Crimes Enforcement Network FINCEN 800 767-2825 frc@fincen.gov P.O. Box 39, Vienna VA 22183