Privacy Act Exemptions
In accordance with the Privacy Act of 1974, as amended (Privacy Act), the Department of the Treasury (Treasury) is issuing a final rule, exempting a new system of records entitled "Department of the Treasury, Treasury .032--Federal Program Waste, Fraud, and Abuse Tip Intake and Referral Records" from certain provisions of the Privacy Act. This system of records is established to support the receipt, maintenance, review, triage, and referral of tips, complaints, allegations, leads, supporting information, and related correspondence concerning suspected waste, fraud, abuse, improper payments, misuse of Federal funds, or other misconduct…
In accordance with the Privacy Act of 1974, as amended (Privacy Act), the Department of the Treasury (Treasury) is issuing a final rule, exempting a new system of records entitled "Department of the Treasury, Treasury .032--Federal Program Waste, Fraud, and Abuse Tip Intake and Referral Records" from certain provisions of the Privacy Act. This system of records is established to support the receipt, maintenance, review, triage, and referral of tips, complaints, allegations, leads, supporting information, and related correspondence concerning suspected waste, fraud, abuse, improper payments, misuse of Federal funds, or other misconduct…
BELLINGS Intelligence Score: 12
Why it matters
The Treasury's Privacy Act exemption for a new records system related to fraud and abuse tip intake is a routine regulatory update with limited direct impact on credit markets or professional finance activities.
Sources
Federal Register
Privacy Act Exemptions
In accordance with the Privacy Act of 1974, as amended (Privacy Act), the Department of the Treasury (Treasury) is issuing a final rule, exempting a new system of records entitled "Department of the Treasury, Treasury .032--Federal Program Waste, Fraud, and Abuse Tip Intake and Referral Records" from certain provisions of the Privacy Act. This system of records is established to support the receipt, maintenance, review, triage, and referral of tips, complaints, allegations, leads, supporting information, and related correspondence concerning suspected waste, fraud, abuse, improper payments, misuse of Federal funds, or other misconduct…