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TREAS/OCC RIN: 1557-AD17 Publication ID: Spring 2011 
Title: Confidentiality of Suspicious Activity Report 
Abstract: The OCC amended its regulations implementing the Bank Secrecy Act governing the confidentiality of a suspicious activity report (SAR) to clarify the scope of the statutory prohibition on the disclosure by a national bank of a SAR and implement a statutory expansion of the safe harbor shielding national banks from liability for disclosures of SAR information to the government. It also implements the statutory prohibition on the disclosure by the government of a SAR "except to fulfill official duties." The rule is based upon a notice of proposed rulemaking that was published contemporaneously by the Financial Crimes Enforcement Network. 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 21   
Legal Authority: 12 USC 93a    12 USC 1818    12 USC 1881 to 1884    12 USC 3401 to 3422    31 USC 5318   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  03/09/2009  74 FR 10130   
NPRM Comment Period End  06/08/2009    
Final Action  12/03/2010  75 FR 75576   
Final Action Effective  01/03/2011    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Patrick T. Tierney
Counsel
Department of the Treasury
Comptroller of the Currency
Legislative and Regulatory Activities Division, 400 7th Street SW.,
Washington, DC 20219
Phone:202 649-6291
Email: patrick.tierney@occ.treas.gov