FinCEN seeking input on proposed changes to improve the layout of the CTR form.

FinCEN is proposing a number of technical changes to the CTR (or BCTR – Bank Secrecy Act Currency Transaction Report) to allow for alternative reporting models that have developed since the current CTR was created. The proposed changes include reports filed by a parent company on behalf of its subsidiary and facilitate reporting of shared branching transactions. The report would allow for cash-in and cash-out to be entered for each reportable shared branch transaction.
ACTION REQUIRED: No action is required by the credit union at this time. This is only a proposal with request for comments.
DATES: Written comments must be received on or before April 4, 2016.
ADDRESSES: Written comments should be submitted to: Office of Regulatory Policy, Financial Crimes Enforcement Network, Department of the Treasury, P.O. Box 39, Vienna, Virginia 22183, ‘‘Attention: PRA Comments—BCTR Revision.’’
Comments also may be submitted by electronic mail to the following Internet address: regcomments@fincen.gov, with the caption, ‘‘Attention: BCTR Revision’’ in the body of the text.
https://www.federalregister.gov/articles/2016/02/02/2016-01825/proposed-collection-comment-request-bank-secrecy-act-currency-transaction-report-bctr-revised-layout