# Agency Information Collection Activities; Information Collection Revision; Submission for OMB Review; Bank Secrecy Act/Money Laundering Risk Assessment > Briefs, arguments, decisions, and more. URL: https://www.frixlaw.com/law-library/documents/fr%3A2025-19293 ## Record - **Collection:** Federal Register - **Document type:** Notice - **Published:** October 2, 2025 - **Citation:** 90 FR 47903 ## Text DEPARTMENT OF THE TREASURY Office of the Comptroller of the Currency Agency Information Collection Activities; Information Collection Revision; Submission for OMB Review; Bank Secrecy Act/Money Laundering Risk Assessment AGENCY: Office of the Comptroller of the Currency (OCC), Treasury. ACTION: Notice and request for comment. SUMMARY: The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning a revision to its information collection titled, “Bank Secrecy Act/Money Laundering Risk Assessment,” also known as the Money Laundering Risk (MLR) System. The OCC also is giving notice that it has sent the collection to OMB for review. DATES: Comments must be received by November 3, 2025. ADDRESSES: Commenters are encouraged to submit comments by email, if possible. You may submit comments by any of the following methods: • Email: prainfo@occ.treas.gov. • Mail: Chief Counsel's Office, Attention: Comment Processing, Office of the Comptroller of the Currency, Attention: 1557-0231, 400 7th Street SW, Suite 3E-218, Washington, DC 20219. • Hand Delivery/Courier: 400 7th Street SW, Suite 3E-218, Washington, DC 20219. • Fax: (571) 293-4835. Instructions: You must include “OCC” as the agency name and “1557-0231” in your comment. In general, the OCC will publish comments on www.reginfo.gov without change, including any business or personal information provided, such as name and address information, email addresses, or phone numbers. Comments received, including attachments and other supporting materials, are part of the public record and subject to public disclosure. Do not include any information in your comment or supporting materials that you consider confidential or inappropriate for public disclosure. Written comments and recommendations for the proposed information collection should also be sent within 30 days of publication of this notice to www.reginfo.gov/public/do/PRAMain. You can find this information collection by selecting “Currently under 30-day Review—Open for Public Comments” or by using the search function. You may review comments and other related materials that pertain to this information collection following the close of the 30-day comment period for this notice by the method set forth in the next bullet. • Viewing Comments Electronically: Go to www.reginfo.gov. Hover over the “Information Collection Review” tab and click on “Information Collection Review” from the drop-down menu. From the “Currently under Review” drop-down menu, select “Department of Treasury” and then click “submit.” This information collection can be located by searching OMB control number “1557-0231” or “Bank Secrecy Act/Money Laundering Risk Assessment.” Upon finding the appropriate information collection, click on the related “ICR Reference Number.” On the next screen, select “View Supporting Statement and Other Documents” and then click on the link to any comment listed at the bottom of the screen. • For assistance in navigating www.reginfo.gov, please contact the Regulatory Information Service Center at (202) 482-7340. FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, Clearance Officer, (202) 649-5490, Chief Counsel's Office, Office of the Comptroller of the Currency, 400 7th Street, SW, Washington, DC 20219. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501 et seq. ), Federal agencies must obtain approval from the OMB for each collection of information that they conduct or sponsor. “Collection of information” is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to include agency requests or requirements that members of the public submit reports, keep records, or provide information to a third party. The OCC asks the OMB to extend its approval of the collection in this notice. Title: Bank Secrecy Act/Money Laundering Risk Assessment. OMB Control No.: 1557-0231. Type of Review: Regular. Affected Public: Businesses or other for-profit. Description: The MLR System enhances the ability of examiners and bank management to identify and evaluate Bank Secrecy Act/Money Laundering and Office of Foreign Asset Control (OFAC) sanctions risks associated with banks' products, services, customers, and locations. As new products and services are introduced, existing products and services change, and banks expand through mergers and acquisitions, banks' evaluation of money laundering and terrorist financing risks should evolve as well. Consequently, the MLR risk assessment is an important tool for the OCC's Bank Secrecy Act/Anti-Money Laundering and OFAC supervision activities because it allows the agency to better identify those institutions, and areas within institutions, that pose heightened risk and allocate examination resources accordingly. This risk assessment is critical for protecting U.S. financial institutions of all sizes from potential abuse from money laundering and terrorist financing. An appropriate risk assessment allows applicable control to be effectively implemented for the lines of business, products, or entities that would elevate Bank Secrecy Act/Money Laundering and OFAC compliance risks. The OCC will collect MLR information for community banks and trust banks supervised by the OCC. The OCC's annual Risk Summary Form (RSF) is fully automated making data entry quick and efficient and providing an electronic record for all parties. For 2025, the RSF will include three significant changes to the products, services, and customers (PSCs) collected: 1. The addition of one new PSC: bank-fintech partnerships. 2. The deletion of one existing PSC: payable through accounts. 3. The consolidation of fourteen existing PSCs into the following seven: Payable Upon Proper Identification (PUPID) wire transfers (domestic and international), foreign/international remote deposit capture, prepaid card program managers and providers, reloadable prepaid cards and card programs, non-reloadable prepaid cards and card programs, prepaid card programs—bank sponsored, and prepaid cardholders. The net reduction of seven PSCs decreases the number of data collection points from 71 to 68 as shown in the table below (* PSC changes are denoted in bold ): No. Existing PSCs No. New PSCs 1 Cash Transactions 1 Convenience Stores 2 Marijuana Related Businesses 2 Liquor Stores 3 ATM Operators 3 Independent ATM Owners/Operators 4 Crypto-Assets Custody 4 Domestic Charitable Organizations 5 Stablecoin Issuance 5 Jewelry, Gem & Precious Metal Dealers 6 Stablecoin Payments 6 Casinos 7 Convenience Stores 7 Car Dealers 8 Liquor Stores 8 Domestic Private Banking 9 Domestic Charitable Organizations 9 Domestic Commercial Letters of Credit 10 Jewelry, Gem and Precious Metals Dealers 10 Stand-by Letters of Credit 11 Casinos 11 Marijuana Related Businesses 12 Car Dealers 12 Customers/Accounts opened through the Internet, Mail, Wire or Phone (non-branch) 13 Domestic Private Banking 13 Domestic Deposit Brokers 14 Domestic Commercial Letters of Credit 14 Travel Agencies 15 Stand-by Letters of Credit 15 Broker Dealers 16 Customers/Accounts opened through the Internet, Mail, Wire or Phone (non-branch) 16 Telemarketers 17 Domestic Deposit Brokers 17 Remotely Created Check Customers 18 Travel Agencies 18 Domestic Remote Deposit Capture Customers 19 Broker Dealers 19 Third Party Senders 20 Telemarketers 20 Cash Transactions 21 Remotely Created Check Customers 21 Issuance of Traveler's Checks, Official Bank Checks & Money Orders 22 Domestic Remote Deposit Capture Customers 22 Domestic Wire Transfers 23 Third Party Senders 23 PUPID Wire Transfers (Domestic and International) 24 Issuance of Traveler's Checks, Official Bank Checks & Money Orders 24 ACH 25 Domestic Wire Transfers 25 Remotely Created Checks 26 Domestic PUPID Wire Transfers 26 Domestic Remote Deposit Capture 27 ACH 27 Non-Resident Alien Accounts 28 Remotely Created Checks 28 Politically Exposed Persons 29 Domestic Remote Deposit Capture 29 Foreign Off-Shore Corporations 30 Non-Resident Alien Accounts 30 Foreign Deposit Brokers 31 Politically Exposed Persons 31 Foreign Charitable Organizations 32 Foreign Off-Shore Corporations 32 Import/Export 33 Foreign Deposit Brokers 33 Foreign/International Remote Deposit Capture 34 Foreign Charitable Organizations 34 Foreign Correspondent Accounts 35 Import/Export 35 Pouch Services 36 Foreign Remote Deposit Capture Customers 36 Foreign Bank Affiliate ( e.g., Parallel Banks) 37 Foreign Correspondent Accounts 37 International Department 38 Payable Through Accounts 38 International Private Banking 39 Pouch Services 39 Embassy & Consulate Banking 40 Foreign Bank Affiliate 40 International Commercial Letters of Credit 41 International Department 41 International Bank Drafts 42 International Private Banking 42 International Wire Transfers 43 Embassy & Consulate Banking 43 Remittance Products 44 International Commercial Letters of Credit 44 Cross-Border ACH 45 International Bank Drafts 45 Domestic Casas de Cambio/Currency Exchange 46 International Wire Transfers 46 Foreign Casas de Cambio/Currency Exchange 47 International PUPID Wire Transfers 47 Money Transmitters 48 Remittance Products 48 Check Cashers 49 Cross-Border ACH 49 Issuers or Sellers of Traveler's Checks or Money Orders 50 International Remote Deposit Capture 50 Prepaid Card Providers and Managers 51 Domestic Casas de Cambio/Currency Exchange 51 Sellers of Prepaid Access 52 Foreign Casas de Cambio/Currency Exchange 52 Bank-Fintech Partnerships 53 Money Transmitters 53 Reloadable Prepaid Cards and Card Programs 54 Check Cashers 54 Non-Reloadable Prepaid Cards and Card Programs 55 Issuers or Sellers of Traveler Checks or Money Orders 55 Prepaid Card Programs—Bank Sponsored (Reloadable and Non-Reloadable) 56 Providers of Prepaid Access 56 Prepaid Cardholders (Reloadable and Non-Reloadable) 57 Sellers of Prepaid Access 57 Domestic Charitable Trusts & Foundations 58 Prepaid Cards 58 Foreign Charitable Trusts & Foundations 59 Prepaid Card Programs—Third Party Sponsored 59 Custodial Accounts 60 Prepaid Card Programs—Bank Sponsored 60 Investment Advisory Accounts 61 Prepaid Cardholders 61 Revocable Trusts 62 Prepaid Card Program Managers 62 Foreign Grantor or Beneficiaries 63 Domestic Charitable Trusts & Foundations 63 Loans to Closely Held Corporations 64 Foreign Charitable Trusts & Foundations 64 Brokerage Department/Operations 65 Custodial Accounts 65 Investment Advisory/Management 66 Investment Advisory Accounts 66 Crypto-Assets Custody 67 Revocable Trusts 67 Stablecoin Issuance 68 Foreign Grantor or Beneficiaries 68 Stablecoin Payments 69 Loans to Closely Held Corporations 70 Brokerage Department/Operations 71 Investment Advisory/Management The OCC estimates the burden of this collection of information as follows: Estimated Burden Community bank population: Estimated Number of Respondents: 609. Estimated Number of Responses: 609. Estimated Frequency of Response: Annually. Estimated Total Annual Burden: 3,350 hours. Comments: On June 24, 2025, the OCC published a 60-day notice for this information collection. No comments were received. Comments continue to be invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the OCC, including whether the information has practical utility; (b) The accuracy of the OCC's estimate of the burden of the collection of information; (c) Ways to enhance the quality, utility, and clarity of the information to be collected; (d) Ways to minimize the burden of the collection on respondents, including through the use of automated collection techniques or other forms of information technology; and (e) Estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information. Sarah Turney, Assistant Director, Office of the Comptroller of the Currency. [FR Doc. 2025-19293 Filed 10-1-25; 8:45 am] BILLING CODE P --- Source: Frix Law Library, https://www.frixlaw.com/law-library/documents/fr%3A2025-19293. Public record. Not legal advice.