[Federal Register Volume 67, Number 220 (Thursday, November 14, 2002)]
[Rules and Regulations]
[Page 68935]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-28898]



[[Page 68935]]

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DEPARTMENT OF THE TREASURY

31 CFR Part 103

RIN 1506-AA28


Financial Crimes Enforcement Network; Anti-Money Laundering 
Programs for Financial Institutions; Correction

AGENCY: Financial Crimes Enforcement Network (FinCEN), Treasury.

ACTION: Interim final rule; correction.

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SUMMARY: FinCEN published in the Federal Register of November 6, 2002, 
a document (67 FR 67547) extending the provision in its regulations 
that temporarily defers, for certain financial institutions, the 
application of the anti-money laundering program requirements in 
section 352 of the Uniting and Strengthening America by Providing 
Appropriate Tools Required to Intercept and Obstruct Terrorism (USA 
PATRIOT) Act of 2001. The document inadvertently omitted a minor change 
to a cross-reference and a minor change that would avoid listing the 
affected financial institutions twice in the same section. This 
correction adds both changes.

DATES: This correction is effective November 6, 2002.

FOR FURTHER INFORMATION CONTACT: Office of the Chief Counsel (FinCEN), 
(703) 905-3590 (not a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The interim rule that is the subject of these corrections provides 
guidance under 31 U.S.C. 5318(h)(1).

Need for Correction

    As published, the interim rule contains errors that may prove to be 
misleading and are in need of clarification.

Correction of Publication

    In interim rule FR Doc. 02-27770, published on November 6, 2002 (67 
FR 67547), make the following corrections.


Sec.  103.170  [Corrected]

    On page 68549, in column 2, correct amendatory instruction 2 to 
read as follows:
    2. Section 103.170 is amended by:
    a. Revising the section heading;
    b. Amending the introductory text of paragraph (a) by removing the 
words ``paragraph (b)'' and adding in their place the words 
``paragraphs (c) and (d)'';
    c. Removing and reserving paragraph (a)(2);
    d. Revising paragraphs (b) and (c); and
    e. Adding paragraph (d).

    Dated: November 7, 2002.
Cynthia L. Clark,
Deputy Chief Counsel, Financial Crimes Enforcement Network, Federal 
Register Liaison.
[FR Doc. 02-28898 Filed 11-13-02; 8:45 am]
BILLING CODE 4810-02-P