Privacy Act of 1974; Proposed Rule Exempting a System of Records From Certain Provisions of the Privacy Act

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In accordance with the requirements of the Privacy Act of 1974, as amended, 5 U.S.C. 552a, the Department of the Treasury gives notice of a proposed amendment to 31 CFR 1.36 to exempt a new system of records, the Suspicious Activity Reporting System (the ``SAR System''), Treasury/DO .212, from certain provisions of the Privacy Act. The exemptions are intended to increase the value of the system of records for law enforcement purposes, to comply with legal prohibitions against the disclosure of certain kinds of information, and to protect certain information about individuals maintained in the system of records. DATES: Comments must be received no later than April 25, 1997. ADDRESSES: Comments should be sent to Office of Legal Counsel, Financial Crimes Enforcement Network (``FinCEN''), 2070 Chain Bridge Road, Suite 200, Vienna, VA 22182-2536. Comments will be made available for inspection and copying by appointment. Persons wishing such an opportunity should call Eileen Dolan at (703) 905-3590. FOR FURTHER INFORMATION CONTACT: Cynthia A. Langwiser, Attorney-- Advisor, Financial Crimes Enforcement Network, 2070 Chain Bridge Road, Suite 200, Vienna, VA 22182, (703) 905-3582. SUPPLEMEN