Customer Due Diligence Requirements for Financial Institutions

Executive Order 12988 (Civil Justice Reform) This action meets applicable standards in sections 3(a) and 3(b)(2) of Executive Order 12988, Civil Justice Reform, to minimize litigation, eliminate ambiguity, and reduce burden. Executive Order 13045 (Protection of Children) We have analyzed this rule under Executive Order 13045, Protection of Children from Environmental Health Risks and Safety Risks. The FHWA certifies that this proposed action would not cause any environmental risk to health or safety that might disproportionately affect children. Executive Order 13175 (Tribal Consultation) The FHWA has analyzed this action under Executive Order 13175 and believes that the proposed action would not have substantial direct effects on one or more Indian tribes; would not impose substantial direct compliance costs on Indian tribal governments; and would not preempt tribal laws. The proposed rulemaking addresses the weighting factor for the PM2.5 areas for use in determining the weighted population to be included in the calculations of the PM2.5 set-asides under 23 U.S.C. 149(k), and would not impose any direct compliance requirements on Indian tribal governments. Therefore, a tribal summary impact statement is not required. Executive Order 13211 (Energy Effects) We have analyzed this action under Executive Order 13211, Actions Concerning Regulations That Significantly Affect Energy Supply, Distribution, or Use. We have determined that it is not a significant energy action under that order since it is not likely to have a significant adverse effect on the supply, distribution, or use of energy. Therefore, a Statement of Energy Effects is not required. Regulation Identification Number A regulation identification number (RIN) is assigned to each regulatory action listed in the Unified Agenda of Federal Regulations. The Regulatory Information Service Center publishes the Unified Agenda in April and October of each year. The RIN contained in the heading of this document can be used to cross reference this action with the Unified Agenda. Issued on: July 21, 2014 Gregory G. Nadeau, Deputy Administrator, Federal Highway Administration. In consideration of the foregoing, the FHWA proposes to add part 790 to title 23, subchapter H, Code of Federal Regulations, to read as follows:
PART 790—CONGESTION MITIGATION
AND AIR QUALITY IMPROVEMENT Sec.
790.101 Purpose.
790.102 Applicability.
790.103 Definitions.
790.104 Weighting factor for determining
weighted population.
Authority: 23 U.S.C. 149; 49 CFR 1.85. § 790.101 Purpose. The purpose of this part is to establish the weighting factors, as directed by 23 U.S.C. 149(k)(1), for the calculation of weighted population to determine the 25 percent of the funds apportioned under section 23 U.S.C. 104(b)(4) for any State that has a PM2.5 nonattainment or maintenance area that must be obligated to fund projects that reduce PM2.5 emissions in such area. § 790.103 Applicability. This part applies to all States that have a PM2.5 nonattainment or maintenance area. § 790.105 Definitions. Unless otherwise specified in this
part, the definitions in 23 U.S.C. 101(a)
are applicable to this part. As used in this part:
Criteria pollutant means any pollutant for which there is established a NAAQS at 40 CFR part 50. The transportation related criteria pollutants per 40 CFR 93.102(b) are carbon monoxide, nitrogen dioxide, ozone and particulate matter (PM10 and PM2.5). Maintenance area means any geographic region of the United States that the Environmental Protection Agency (EPA) previously designated as a nonattainment area for one or more pollutants pursuant to the Clean Air Act Amendments of 1990 and subsequently redesignated as attainment subject to the requirement to develop a maintenance plan under section 175A of the Clean Air Act, as amended. National Ambient Air Quality Standards (NAAQS) means those standards established by the EPA pursuant to section 109 of the Clean Air Act. Nonattainment area means any geographic region of the United States that EPA has designated as nonattainment under section 107 of the Clean Air Act for any pollutant for which a national ambient air quality standard exists. Weighted population means the population of each county within a designated ozone, carbon monoxide (CO), and PM2.5 nonattainment and maintenance area that would be given a relative value, or weighting to reflect the severity of the pollutant classification or designation. § 790.107 Weighting factors for determining weighted population. (a) For purposes of 23 U.S.C. 149(k)(1), for an ozone nonattainment and maintenance area, the weighting factors determined are as follows:
(1) Marginal nonattainment area, the weighting factor is 1.0. (2) Moderate nonattainment area, the weighting factor is 1.1. (3) Serious nonattainment area, the weighting factor is 1.2. (4) Severe nonattainment area, the weighting factor is 1.3. (5) Extreme nonattainment area, the weighting factor is 1.4. (6) Maintenance area, the weighting factor is 1.0. (b) For purposes of 23 U.S.C. 149(k)(1), for a carbon monoxide nonattainment and maintenance area, the weighting factor is 1.0. (c) For purposes of 23 U.S.C. 149(k)(1), for areas that are designated nonattainment or maintenance for ozone and carbon monoxide, the weighting factor is 1.2 multiplied by the applicable ozone factor as defined in paragraph (a) of this section. (d) For purposes of 23 U.S.C. 149(k)(1), for a PM2.5 nonattainment area, the weighting factor is 5.0. For a PM2.5 maintenance area, the weighting factor is 1.0. (e) For purposes of 23 U.S.C. 149(k)(1), for areas that are designated nonattainment or maintenance for ozone and nonattainment for PM2.5, the weighting factor is 5.0 multiplied by the applicable ozone factor as defined in paragraph (a) of this section. [FR Doc. 2014–17786 Filed 8–1–14; 8:45 am] BILLING CODE 4910–22–P DEPARTMENT OF THE TREASURY Financial Crimes Enforcement Network 31 CFR Parts 1010, 1020, 1023, 1024, and 1026 RIN 1506–AB25 Customer Due Diligence Requirements for Financial Institutions AGENCY: Financial Crimes Enforcement Network (FinCEN), Treasury.