Notice of finding that Liberty Reserve S.A. is of primary money laundering concern (78 FR 34169)
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Research, not advice. Part of the Bitcoin research archive (October 2026). Claims labelled unverified, contested or fringe are reported, not endorsed; statuses of bills and rules are as of the date checked. Government, court and patent records are public domain; the research notes are CC BY 4.0.
Federal Register / Vol. 78, No. 109 / Thursday, June 6, 2013 / Notices 34169
The CDFI Fund will collect information C. Certification, Compliance I. Statutory Provisions
from each such Awardee on its use of Monitoring and Evaluation (CCME) On October 26, 2001, the President
the Award at least once following the Support: If you have any questions signed into law the Uniting and
Award and more often if deemed regarding the compliance requirements Strengthening America by Providing
appropriate by the CDFI Fund in its sole of this NOFA, including questions Appropriate Tools Required to Intercept
discretion. The CDFI Fund will provide regarding performance on prior Awards, and Obstruct Terrorism Act of 2001 (the
guidance to Awardees outlining the contact the CDFI Fund’s CCME Unit by USA PATRIOT Act), Public Law 107–
format and content of the information to email at [email protected] or by 56. Title III of the USA PATRIOT Act
be provided, outlining and describing telephone at (202) 653–0423. The amends the anti-money laundering
how the funds were used. number provided is not toll free. provisions of the Bank Secrecy Act
2. Awardees With Persistent Poverty D. Communication with the CDFI (BSA), codified at 12 U.S.C. 1829b, 12
County Commitments: The CDFI Fund Fund: The CDFI Fund will use its U.S.C. 1951–1959, and 31 U.S.C. 5311–
will require each Awardee with myCDFIFund Internet interface to 5314, 5316–5332, to promote the
persistent poverty county commitments, communicate with Applicants and prevention, detection, and prosecution
regardless of Award size, to report data Awardees under this NOFA. Awardees of international money laundering and
for Award funds deployed in persistent must use myCDFIFund to submit the financing of terrorism. Regulations
poverty counties and maintain proper required reports. The CDFI Fund will implementing the BSA appear at 31 CFR
supporting documentation and records notify Awardees by email using the Chapter X. The authority of the
which are subject to review by the CDFI addresses maintained in each Awardee’s Secretary of the Treasury (the Secretary)
Fund’s Certification, Compliance myCDFIFund account. Therefore, an to administer the BSA and its
Monitoring, and Evaluation unit. Awardee and any Subsidiaries, implementing regulations has been
signatories, and Affiliates must maintain delegated to the Director of FinCEN.
IX. Agency Contacts accurate contact information (including Section 311 of the USA PATRIOT Act
The CDFI Fund will respond to contact person and authorized (Section 311), codified at 31 U.S.C.
questions and provide support representative, email addresses, fax 5318A, grants the Secretary the
concerning this NOFA and the funding numbers, phone numbers, and office authority, upon finding that reasonable
Application between the hours of 9:00 addresses) in their myCDFIFund grounds exist for concluding that a
a.m. and 5:00 p.m. ET, starting on the account(s). For more information about foreign jurisdiction, financial
date of the publication of this NOFA myCDFIFund, please see the Help institution, class of transaction, or type
through July 10, 2013 for the FY 2013 documents posted at https:// of account is of ‘‘primary money
funding round. The CDFI Fund will not www.cdfifund.gov/myCDFI/Help/ laundering concern,’’ to require
respond to Applicants’ reporting, Help.asp. domestic financial institutions and
compliance, or disbursement telephone Authority: 12 U.S.C. 1834a, 4703, 4703 financial agencies to take certain
calls or email inquiries that are received note, 4713; 12 CFR part 1806. ‘‘special measures’’ to address the
after 5:00 p.m. ET on July 10, 2013 until Dated: May 31, 2013. primary money laundering concern. The
after the Application deadline. The Secretary has delegated this authority
Donna J. Gambrell,
CDFI Fund will respond to technical under Section 311 to the Director of
issues related to myCDFIFund accounts Director, Community Development Financial
Institutions Fund. FinCEN.
through 5:00 p.m. ET on July 12, 2013. On May 28, 2013, the Director of
[FR Doc. 2013–13417 Filed 6–5–13; 8:45 am]
Applications and other information FinCEN found that Liberty Reserve S.A.
BILLING CODE 4810–70–P
regarding the CDFI Fund and its (Liberty Reserve) is a financial
programs may be downloaded and institution operating outside the United
printed from the CDFI Fund’s Web site States that is of primary money
DEPARTMENT OF THE TREASURY
at www.cdfifund.gov. The CDFI Fund laundering concern. The Director
will post responses to questions of Financial Crimes Enforcement Network considered the factors discussed below
general applicability regarding the BEA in making this determination.
Program on its Web site. Notice of Finding That Liberty Reserve
A. Information Technology Support: S.A. Is a Financial Institution of II. The Extent to Which Liberty Reserve
Technical support can be obtained by Primary Money Laundering Concern Has Been Used To Facilitate or Promote
calling (202) 653–0300 or by email to Money Laundering in or Through Costa
AGENCY: Financial Crimes Enforcement Rica and Internationally
[email protected]. People who
have visual or mobility impairments Network (FinCEN), Treasury.
Liberty Reserve is a Web-based money
that prevent them from creating a ACTION: Notice of finding. transfer system, or ‘‘virtual currency.’’ It
Distressed Community map using the SUMMARY: This document provides is a financial institution currently
CDFI Fund’s Web site should call (202) notice that, pursuant to the authority registered in Costa Rica and has been
653–0300 for assistance. These are not contained in 31 U.S.C. 5318A, the operating since 2001. Liberty Reserve’s
toll free numbers. Director of FinCEN found on May 28, system is structured so as to facilitate
B. Application Support: If you have 2013, that Liberty Reserve S.A. (Liberty money laundering and other criminal
any questions about the programmatic Reserve) is a financial institution activity, while making any legitimate
or administrative requirements of this operating outside the United States that use economically unreasonable. The
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NOFA, contact the CDFI Fund’s BEA is of primary money laundering Department of Justice is taking criminal
Program office by email at concern. action against Liberty Reserve and
[email protected], by telephone at related individuals.
(202) 653–0421, by facsimile at (202) DATES: The finding referred to in this Liberty Reserve uses a system of
508–0089, or by mail at CDFI Fund, notice was effective as of May 28, 2013. internal accounts and a network of
1500 Pennsylvania Avenue NW., FOR FURTHER INFORMATION CONTACT: virtual currency exchangers to move
Washington, DC 20220. The number FinCEN, (800) 949–2732. funds. Operating under the domain
provided is not toll free. SUPPLEMENTARY INFORMATION: name www.libertyreserve.com, it
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34170 Federal Register / Vol. 78, No. 109 / Thursday, June 6, 2013 / Notices
maintains accounts for registered users. to maintain Dollar for Dollar and Euro charge a commission on each transfer to
Users fund their accounts by ordering a for Euro reserves to back their virtual and from the Liberty Reserve system.
bank wire or money services business currencies. Once funded, the Liberty Reserve
(MSB) transfer to the bank of a Liberty To withdraw funds, the user instructs
virtual currency can be transferred
Reserve exchanger. Users can also fund Liberty Reserve to send funds from the
among accounts within the Liberty
Liberty Reserve accounts by depositing user’s Liberty Reserve account to a
Liberty Reserve exchanger, which then Reserve system. The transfers are
cash, postal money orders, or checks
directly into the exchanger’s bank sends a bank wire, MSB transfer, or anonymous, and the recipient only sees
account. The exchanger then credits a other transfer method to the user’s or the account number from which the
corresponding value to the user’s recipient’s bank account in U.S. dollars funds were transferred. For an
Liberty Reserve account, denominated or other major currencies. The additional fee, even that information
in ‘‘Liberty Reserve Dollars’’ or ‘‘Liberty exchangers are independent MSBs can be eliminated for greater anonymity.
Reserve Euros.’’ Liberty Reserve claims operating around the world. They
A. History and Ownership Reserve operates, customers opened transmitting business, GoldAge, out of
According to reporting of a online GoldAge accounts with only their Brooklyn apartments. By that date,
Planetgold.com interview in 2003 with limited identification documentation the defendants had transmitted at least
Arthur Budovsky, who founded the and then could choose their method of $30 million through GoldAge to digital
company, Liberty Reserve was then payment, including wire transfers, cash currency accounts globally since 2002.
based in Nevis and began as a private deposits, postal money orders, or Budovsky pled guilty and was
exchange system for import/export checks, to GoldAge to buy digital gold- sentenced to five years of probation.
businesses. In 2002, Budovsky and based currency. GoldAge customers
could withdraw their funds by wire B. Liberty Reserve Seeks Out
another individual, Vladimir Kats, set Jurisdictions With Weak Regulatory
up several other companies, including transfers to anywhere in the world or by
having checks sent to an individual. Environments
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GoldAge Inc., according to the New
York County District Attorney’s Office. In March 2004, Liberty Reserve’s Web According to the 2012 International
GoldAge served as a prominent site indicated that it was operating out Narcotics Control Strategy Report
exchanger for E-Gold, a gold-based of Brooklyn, New York. In May 2006, (INCSR) prepared by the U.S.
virtual currency system. E-Gold was Liberty Reserve was re-registered in Department of State, money laundering
charged with money laundering and Costa Rica. In July 2006, Budovsky and in Costa Rica occurs across the formal
operating an illegal MSB, and pled Kats were indicted by the state of New and non-formal financial sectors,
guilty in 2008. Similar to how Liberty York for operating an illegal money especially via both licensed and
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Federal Register / Vol. 78, No. 109 / Thursday, June 6, 2013 / Notices 34171
unlicensed money remitters. According money transfer system for criminal contrary, exchangers with which Liberty
to the 2013 INCSR, although Costa Rica clientele seeking to launder their Reserve continues to work appear to
continues to take steps to enforce its criminal proceeds, to move funds to or have no or minimal verification or
financial and non-financial regulatory from sanctioned jurisdictions and monitoring of clients; for example, some
regimes to prevent and detect money entities, or to finance terrorism have no anti-money laundering policy,
laundering, money remittance services internationally. Forcing users to deposit and others affirmatively advertise that
remain a sector of particular concern. or withdraw funds through exchangers they conduct no verification. Many of
The INCSR notes that ‘‘Costa Rica is creates another layer of anonymity in them are located in countries with lax
primarily used by foreign organizations the system. To offer even more money laundering enforcement. As of
as a bridge to send funds to and from anonymity, Liberty Reserve provides an 2009, Liberty Reserve had outsourced its
other jurisdictions using bulk cash option, for an additional fee, to conceal own verification process for new
shipments and companies or financial the sole identifier of origin, the exchangers to a non-affiliated company
institutions located offshore.’’ originator’s account number, in for which at least two U.S. banks have
The 2007 INCSR noted that ‘‘[r]eforms transactions. rejected wires due to money laundering
in 2002 to the Costa Rican Liberty Reserve’s AML policy, issued concerns.
counternarcotics law expand the scope in 2010, states that it is illegal for Relying on exchangers to conduct
of anti-money laundering regulations, Liberty Reserve, ‘‘its employees, agents what little due diligence Liberty Reserve
but also create an invitation to launder or exchangers to knowingly engage, or purports to require enhances the gravity
funds by eliminating the government’s attempt to engage in a monetary of Liberty Reserve’s money laundering
licensing and supervision of casinos, transaction in criminally derived risk. A review of publicly available
jewelers, realtors, attorneys, and other property.’’ It also states that it is illegal information on Liberty Reserve’s
nonbank financial institutions.’’ While to ‘‘transport, transmit or transfer, or exchangers indicates that many of them
some progress has made been since that attempt to transport, transmit or transfer do not provide names of contact persons
time, regulation of this sector remains a a monetary instrument or funds in and obscure the country of their
concern. Thus, when Liberty Reserve excess of $10,000 . . . either into or out business registration or physical
moved its registration to Costa Rica in of Costa Rica and/or any other countries location. To further conceal their
2006, Costa Rica was commonly known with similar legislation if the purpose is ownership, several of the exchangers
to have inadequate regulation of non- to carry out an illegal activity, or to registered their domain names through
bank financial institutions, including avoid reporting requirements.’’ Its third-party hosting services, and some
MSBs and internet businesses. citation to these requirements of them used a paid service through
In October 2007, Liberty Reserve’s demonstrates that Liberty Reserve is their registrars to hide registration
official blog explained that registering in well aware of anti-money laundering information from the public. Web site
Costa Rica allowed the company to laws. However, even having visitor traffic data on the exchangers’
avoid U.S. authorities because Costa acknowledged that these activities are Web sites showed that most exchangers
Rica does not have a mutual legal illegal in many jurisdictions in which appear to serve relatively few customers
assistance treaty with the United States. they operate, and that they are aware of and produce little online attention.
Taken together, these facts suggest that applicable laws and regulations in Liberty Reserve’s AML policy states
Liberty Reserve has specifically sought multiple jurisdictions, Liberty Reserve that it will verify the identity of any
out jurisdictions with weak anti-money has structured its business to separate direct client of Liberty Reserve
laundering controls and apparent itself from knowledge that would allow ‘‘according to the guidelines of various
immunity from U.S. prosecution. it to detect money laundering. Indeed, jurisdictions.’’ However, Liberty Reserve
the fact that Liberty Reserve has only a appears to have no verification
C. Liberty Reserve Is Designed To
statement in its policy, with no requirements in practice except for a
Facilitate Money Laundering and Illicit
implementation to address anti-money working email address. Similarly, its
Finance
laundering concerns or requirements, is AML policy mentions requirements to
To open an account through the so deficient that it would not comply ‘‘train staff continuously on anti-money
Liberty Reserve Web site, a user is asked with any implementation of laundering regulations’’ and to appoint
to enter basic identifying information, internationally accepted anti-money a compliance officer responsible for
such as name, email address, and date laundering requirements, such as the monitoring and reporting ‘‘any and all
of birth. Liberty Reserve does not standards recommended by the suspicious activities.’’ Based on the
require users to validate any of that Financial Action Task Force. information, or lack of information,
information. Users are also able to open Liberty Reserve’s AML policy collected by Liberty Reserve, it would
as many accounts as they want. Liberty provides less than one page regarding be impossible for Liberty Reserve to
Reserve requires only a working, even if what Liberty Reserve considers a operate an AML compliance program
anonymous, email address. Once a user sufficient response to its risk for money that complied with commonly required
has an account with Liberty Reserve, its laundering activity and its legal customer due diligence and suspicious
anti-money laundering policy (AML requirements. The only component of activity reporting requirements.
policy) does not suggest that it either the policy that addresses any due Liberty Reserve’s AML policy
requires or verifies any information diligence requirement indicates that the indicates an understanding of the key
associated with any transaction. obligation is transferred entirely to the role suspicious activity reporting and
This lack of customer due diligence exchangers. The AML policy states that responses play in anti-money
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means that the accounts can be entirely Liberty Reserve will verify the identity laundering program requirements. The
anonymous and thus that account of the exchangers and request from them policy states ‘‘LIBERTY RESERVE is
holders can transfer funds to or from ‘‘a compromise to verify the identity of legally bound to report such
anywhere with anyone with anonymity. their direct clients.’’ Whatever this is misdemeanors to the relevant
Indeed, Liberty Reserve advertises this intended to mean, there is no evidence authorities and as such you may be the
fact as a virtue of the service. The that Liberty Reserve requires the [sic] subject to a criminal investigation.’’
deliberate lack of verification makes accredited exchangers to engage in any Liberty Reserve has structured itself,
Liberty Reserve a particularly attractive such customer verification. To the however, to ensure that it never has the
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34172 Federal Register / Vol. 78, No. 109 / Thursday, June 6, 2013 / Notices
relevant information needed to comply high-risk for money laundering • A facilitator of a foreign extremist
with any stated obligation. activities; and (4) transactions involved group in 2013 held a Liberty Reserve
For all of these reasons, Liberty large, round-dollar, repetitive account, which may have been used to
Reserve appears designed to facilitate international wire transfers sent to the collect funds for the group.
money laundering and illicit finance. same Liberty Reserve exchanger. • One cybercriminal forum, the
Funding a Liberty Reserve account, Information available to the U.S. contents of which were recently made
either through transfers from the owner government suggests frequent use of public, has long served as a point of sale
of the account or from others, serves to Liberty Reserve by criminals to receive, for cybercriminal wares, including
place funds in the nominally legitimate send, or launder funds. For example: exploit kits, spam services, ransom-ware
stream of commerce. The anonymous • A U.S. resident, on instructions programs, botnets, and key-logging
nature of Liberty Reserve means such from an individual allegedly involved in services, payable via Liberty Reserve.
placement can be performed by anyone online fraud, sent over $150,000 in • One hacker, who only accepts
from anywhere using funds of any possible stolen funds to the individual Liberty Reserve as payment, offered to
origin. Transfers within Liberty through a Liberty Reserve account set sell the source code to ‘‘Winlocker,’’ an
Reserve’s system, which can be made up in the resident’s name. application to secure a computer with a
between any accounts without record or • Several persons reportedly utilized
password.
identification, serve to structure and a scheme involving identity theft to
layer movement of funds such that, even create multiple fraudulent corporate • One hacker claimed to have access
if the initial placement can be traced, accounts with an online broker/dealer to and control over several top dot-gov,
subsequent movement cannot. The ease and funded the accounts with over dot-mil and dot-edu Web sites. The
and anonymity of account opening $250,000 in allegedly stolen funds. They hacker also purported to sell personally
means that such movement could easily then ordered over $100,000 in an identifiable information from hacked
occur among accounts owned by a unspecified number of international sites, for $20 per 1,000 records. These
single person or entity, completely wire transfers to be credited to a services were payable only via Liberty
obscuring the origin of funds that leave specified Liberty Reserve account Reserve.
the system, creating a one-stop money number. • As of February 2011, the source
laundering system. • A contact for an international code for the latest version of the ZeuS
company sent over $1.3 million in banking Trojan, the preeminent
D. Liberty Reserve Is Regularly Used To dozens of large, round-dollar, repetitive cybersecurity threat used to steal bank
Store, Transfer, and Launder Illicit international wire transfers to a Liberty account information, was available on
Proceeds Reserve account in mid- to late-2012. an online criminal forum for a reported
Liberty Reserve is used extensively by The individual was possibly using a $100,000, payable only through Liberty
criminals to store, transfer, and launder personal bank account to conduct these Reserve.
illicit proceeds, including through U.S. business transactions, an indicator of E. Liberty Reserve Is Not Designed For
financial institutions. Information potential money laundering. Legitimate Use
available to the U.S. government shows • According to a news article in The
frequent wire transfer activity to or from Times of India, two individuals in Transfers made through Liberty
Liberty Reserve that indicates money Rajasthan, India were arrested in March Reserve currency cost considerably
laundering, in that: (1) The legitimate 2013, for abducting and killing an more than transactions made through
business purpose, source of funds, and individual they targeted through an comparable services, providing a
validity of the wire transactions could online social networking site. The significant disincentive for legitimate
not be determined or verified; (2) little kidnappers demanded that ransom users. For example, a $10,000 transfer
or no identifying information appeared money be paid to their Liberty Reserve using Liberty Reserve would cost
in wire transaction records regarding the account. A cyber security expert cited in approximately $248 to $1,946 in fees.
ultimate originators or beneficiaries the news article stated that the Transferring $10,000 through a
such as addresses, telephone numbers, kidnappers chose to use Liberty Reserve comparable direct bank wire or MSB
or identification numbers, with only to execute their crimes because the transfer costs approximately $40 to
Liberty Reserve in the ‘‘reference’’ field, system requires no proof of $200. The below chart illustrates some
suggesting an attempt to conceal the identification for the depositor or the costs involved with a Liberty Reserve
identities of the involved parties; (3) recipient of funds, and Liberty Reserve transfer, where, for example, Person A
transactions involved unidentified will not disclose the internet protocol has $10,000 to move from a U.S. bank
entities located and/or banking in address of the recipient, which would to Person B’s bank account in another
jurisdictions considered vulnerable or aid law enforcement efforts. country through Liberty Reserve:
Process step Cost Charges
1. Person A wires money from a bank account to an exchanger .......... Varies. $45 is an approximate av- $45.
erage.
2. Exchanger charges fee to convert USD into Liberty Reserve funds Ranges from 1%–10%, with pos- At 1%: $99 charge.
and places funds in Person A’s Liberty Reserve account. sible flat fees associated with At 5%: $497 charge.
transaction. At 10%: $995 charge.
3. Person A instructs Liberty Reserve to move funds from his account 1% of transfer to receive money, $2.99. Users can also pay an op-
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to Person B’s Liberty Reserve account. up to a maximum of $2.99. tional privacy fee to remove
their account number from inter-
nal transfers.
4. Person B sends Liberty Reserve funds to exchanger to convert to Ranges from 1%–10%, with pos- At 1%: $98 charge.
USD and send to Person B’s bank account. sible flat fees associated with At 5%: $472 charge.
transaction. At 10%: $896 charge.
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Federal Register / Vol. 78, No. 109 / Thursday, June 6, 2013 / Notices 34173
Process step Cost Charges
5. Person B receives funds in his bank account .................................... ........................................................ Total cost at 1%: $248.
Total cost at 5%: $1020.
Total cost at 10%: $1946.
Liberty Reserve also is a completely Dated: May 28, 2013. obtain approval from the Office of
irrevocable payment system and digital Jennifer Shasky Calvery, Management and Budget (OMB) for each
currency. The fact that the transactions Director, Financial Crimes Enforcement collection of information they conduct
are irrevocable, meaning that they Network. or sponsor. This request for comment is
cannot be reversed or refunded in the [FR Doc. 2013–12944 Filed 6–5–13; 8:45 am] being made pursuant to Section
event of fraud, makes it a highly BILLING CODE 4810–2P–P 3506(c)(2)(A) of the PRA.
desirable system for criminal use and a With respect to the following
highly problematic one for any collection of information, VBA invites
legitimate payment functions. DEPARTMENT OF VETERANS comments on: (1) Whether the proposed
Revocability protects merchants and AFFAIRS collection of information is necessary
users from fraud and is a common for the proper performance of VBA’s
feature of legitimate payment systems. [OMB Control No. 2900–0036]
functions, including whether the
Despite the security precautions that Proposed Information Collection information will have practical utility;
make it secure for illicit use, funds (Statement of Disappearance) Activity: (2) the accuracy of VBA’s estimate of the
reportedly have been stolen from user Comment Request burden of the proposed collection of
accounts, making it even less attractive information; (3) ways to enhance the
to any potential licit users. The AGENCY: Veterans Benefits
quality, utility, and clarity of the
company has been unresponsive to Administration, Department of Veterans
information to be collected; and (4)
these customer complaints. Affairs.
ways to minimize the burden of the
ACTION: Notice.
III. The Extent to Which Liberty collection of information on
Reserve Is Used for Legitimate Business SUMMARY: The Veterans Benefits respondents, including through the use
Purposes in Costa Rica Administration (VBA) is announcing an of automated collection techniques or
opportunity for public comment on the the use of other forms of information
FinCEN has found no evidence that proposed collection of certain technology.
Liberty Reserve is used in Costa Rica for information by the agency. Under the Title: Statement of Disappearance, VA
any business purpose, legitimate or Paperwork Reduction Act (PRA) of Form 21–1775.
otherwise. Costa Rican customers have 1995, Federal agencies are required to
no direct access to Liberty Reserve’s OMB Control Number: 2900–0036.
publish notice in the Federal Register
offices. The only access to the business, concerning each proposed collection of Type of Review: Extension of a
anywhere in the world, is through its information, including each proposed currently approved collection.
Web site. As noted above, Liberty extension of a currently approved Abstract: VA Form 21–1775 is used to
Reserve appears to have chosen to locate collection, and allow 60 days for public gather information from a claimant to
itself in Costa Rica because Costa Rica comment in response to the notice. This make a decision regarding the
is commonly known to have inadequate notice solicits comments on information unexplained absence of a Veteran for
regulation of MSBs and internet needed to determine a presumption of over 7 years. The data collected will be
businesses, and because the location death of a missing Veteran. used to determine the claimant’s
allowed the company to avoid U.S. DATES: Written comments and entitlement to death benefits.
authorities because Costa Rica does not recommendations on the proposed
collection of information should be Affected Public: Individuals or
have a mutual legal assistance treaty
received on or before August 5, 2013. households.
with the United States.
ADDRESSES: Submit written comments Estimated Annual Burden: 28 hours.
IV. The Extent to Which This Action Is on the collection of information through Estimated Average Burden per
Sufficient To Guard Against Federal Docket Management System Respondent: 2 hours 45 minutes.
International Money Laundering and (FDMS) at www.Regulations.gov or to
Other Financial Crimes Frequency of Response: One-time.
Nancy J. Kessinger, Veterans Benefits
Administration (20M35), Department of Estimated Number of Respondents:
FinCEN’s finding that Liberty Reserve 10.
is an institution of primary money Veterans Affairs, 810 Vermont Avenue
NW., Washington, DC 20420 or email Dated: June 3, 2013.
laundering concern will guard against
[email protected]. Please refer to By direction of the Secretary.
the international money laundering and
‘‘OMB Control No. 2900–0036’’ in any
other financial crimes described above Crystal Rennie,
correspondence. During the comment
directly by restricting the ability of period, comments may be viewed online VA Clearance Officer, Enterprise Records
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Liberty Reserve to access the U.S. through the FDMS. Service, Office of Information and
financial system to process transactions, Technology, U.S. Department of Veterans
FOR FURTHER INFORMATION CONTACT: Affairs.
and indirectly by public notification to
Nancy J. Kessinger at (202) 632–8924 or [FR Doc. 2013–13430 Filed 6–5–13; 8:45 am]
the international financial community Fax (202) 632–8925.
of the risks posed by dealing with BILLING CODE 8320–01–P
SUPPLEMENTARY INFORMATION: Under the
Liberty Reserve.
PRA of 1995 (Pub. L. 104–13; 44 U.S.C.
3501–3521), Federal agencies must
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