Procedures for Monitoring Bank Protection Act and Bank Secrecy Act Compliance

Forms and Documents

Document Name	Status
FR1 BSA BPA Compliance 90 FR 13600 March 25 2025.pdf Supplementary Document	2025-05-22
FR2 BSA BPA Compliance 90 FR 20672 May 15 2025.pdf Supplementary Document	2025-05-22
SPST-0095 Procedures for Monitoring Bank Protection Act and Bank Secrecy Act Compliance 2025 Final.docx Supporting Statement A	2025-05-22

IC Document Collections

IC ID	Document Title	Status
44174	Bank Protection Act Compliance Program - Small Institutions	Removed
275422	Procedures for monitoring Bank Secrecy Act compliance – Ongoing	New
275421	Procedures for monitoring Bank Secrecy Act compliance – Implementation	New
275420	Bank Protection Act Compliance Program – Ongoing	New
275419	Bank Protection Act Compliance Program – Implementation	New
252208	Bank Protection Act Compliance - Significant Revisions	Removed
252206	Bank Protection Act Compliance Routine Revisions	Removed
252205	Bank Protection Act Compliance - Large Institutions	Removed
252204	Bank Protection Act Compliance - Medium Institutions	Removed

ICR Details

OMB Control No: 3064-0095	ICR Reference No: 202505-3064-004
Status: Received in OIRA	Previous ICR Reference No: 202201-3064-002
Agency/Subagency: FDIC	Agency Tracking No: 3064-0095
Title: Procedures for Monitoring Bank Protection Act and Bank Secrecy Act Compliance
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 05/27/2025

	Requested	Previously Approved
Expiration Date	36 Months From Approved	05/31/2025
Responses	5,782	3,304
Time Burden (Hours)	40,780	50,450
Cost Burden (Dollars)	0	0

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Abstract: The collection requires insured state nonmember banks to review bank security programs and maintain records on compliance with the Bank Protection Act and the Bank Secrecy Act.

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Authorizing Statute(s): US Code: 12 USC 1882 Name of Law: Bank Protection Act of 1968
   US Code: 12 USC 1818(s) Name of Law: Section 8(s) of the Federal Deposit Insurance Act
   US Code: 31 USC 5311 et seq Name of Law: Bank Secrecy Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	90 FR 20672	03/25/2025
30-day Notice:	Federal Register Citation:	Citation Date:
	90 FR 13600	05/15/2025
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 4

IC Title	Form No.	Form Name
Bank Protection Act Compliance - Medium Institutions
Bank Protection Act Compliance - Large Institutions
Bank Protection Act Compliance - Significant Revisions
Bank Protection Act Compliance Program - Small Institutions
Bank Protection Act Compliance Program – Implementation
Bank Protection Act Compliance Program – Ongoing
Bank Protection Act Compliance Routine Revisions
Procedures for monitoring Bank Secrecy Act compliance – Implementation
Procedures for monitoring Bank Secrecy Act compliance – Ongoing

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ICR Summary of Burden

	Total Request	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	5,782	3,304	0	0	2,478	0
Annual Time Burden (Hours)	40,780	50,450	0	0	-9,670	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 05/27/2025

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