TREASURY DIRECTIVE 15-01

Date: December 1, 1992

Sunset Review: TBD

Expiration Date: TBD

SUBJECT: Bank Secrecy Act Regulations

1. DELEGATION. There is hereby delegated to the Deputy Assistant Secretary (Law Enforcement) the authority to perform the functions necessary for the general administration of Title 31 Code of Federal Regulations (CFR) Part 103. Those functions include, but are not limited to, the:

a. granting of exemptions from the reporting requirements in 31 CFR 103.22;

b. issuance of requests, under 31 CFR 103.22, for lists of bank customers whose currency transactions have been exempted from the reporting requirements in 31 CFR 103.22;

c. dissemination of information obtained pursuant to the provisions of 31 CFR Part 103;

d. issuance of requests to financial institutions, under 31 CFR 103.34 and 103.35, for a list of their customers who have failed to provide taxpayer identification numbers to the institution;

e. issuance of requests to financial institutions for chronological logs required to be maintained by 31 CFR 103.29; and

f. taking final action on any petition for remission, mitigation, or settlement of any penalty (including forfeiture above $500,000) pursuant to 31 CFR 103.47 (d) and 31 CFR 103.48.

This delegation does not include the authority to amend 31 CFR Part 103, nor to assess penalties.

2. REDELEGATION. This authority may not be redelegated.

3. CANCELLATION. Treasury Directive 15-01, "Bank Secrecy Act Regulations," dated September 29, 1986, is superseded.

4. OFFICE OF PRIMARY INTEREST. Office of the Assistant Secretary (Enforcement).