[Privacy Act Issuances (1999)]
[From the U.S. Government Publishing Office, www.gpo.gov]

FEDERAL RESERVE SYSTEM

   Table of Contents

   BGFRS-1, FRB--Recruiting and Placement Records
   BGFRS-2, FRB--Personnel Background Investigation Reports
   BGFRS-3, FRB--Medical Records
   BGFRS-4, FRB--General Personnel Records
   BGFRS-5, FRB--EEO Discrimination Complaint File
   BGFRS-6, FRB--Adverse Information and Action Records, Disciplinary 
            Records
   BGFRS-7, FRB--Payroll and Leave.
   BGFRS-8, FRB--Leave Records
   BGFRS-9, FRB--Consultant and Staff Associate File
   BGFRS-10, FRB--General File on Board Members
   BGFRS-11, FRB--Official General Files
   BGFRS-12, FRB--Biographical File of Federal Reserve Personnel
   BGFRS-13, FRB--General File of Examiners and Assistant Examiners at 
            Federal Reserve Banks
   BGFRS-14, FRB--General File of Federal Reserve Bank and Branch 
            Directors
   BGFRS-15, FRB--General Files of Federal Reserve Agents, Alternates 
            and Representatives at Federal Reserve Banks
   BGFRS-16, FRB--Individuals Sho Extend Margin Credit.
   BGFRS-17, FRB--Municipal or Government Securities Principals and 
            Representatives.
   BGFRS-18, FRB--Consumer Complaint Information System
   BGFRS-19, FRB--Financial Disclosure Reports and Outside Business 
            Interest Applications
   BGFRS-21, FRB--Supervisory Tracking and Reference System
   BGFRS-22, FRB--Chain Banking Reference System
   BGFRS-23, Freedom of Information Act/Privacy Act (FOIA/PA) Case 
            Tracxking and Reporting System.
   BGFRS-24, EEO General Files.
   BGRS/OIG-1, OIG Investigative Records.
   BGFRS/OIG-2, OIG Personnel Records.
   BGFRS/SS-1, Telephone Call Detail Records.
   BGRS/SS-2, Staff Identification Card File.
   BGRS/SS-3, Staff Parking Permit File.

    BGFRS-1

   System name: FRB--Recruiting and Placement Records.

     System location: Board of Governors, Federal Reserve System, 20th 
   and Constitution NW, Washington, DC 20551.
     Categories of individuals covered by the system: Persons who have 
   applied for employment with or are employed by the Federal Reserve 
   Board.
     Categories of records in the system: These records may contain 
   information relating to the education, training, employment history 
   and earnings, appraisal of past performance, convictions for offenses 
   against the law; results of tests, appraisal of potential, honors, 
   awards of fellowships; military service; veteran status, school 
   transcripts, work samples; birth date; social security number; 
   sipping authorizations; travel vouchers, offer letters and 
   correspondence, reference checks, and home address of persons who 
   have applied for Board employment or are employed by the Federal 
   Reserve Board.
     Authority for maintenance of the system: Sections 10 and 11 of the 
   Federal Reserve Act (12 U.S.C. 244, 248(i) and 248(1)).
     Routine uses of records maintained in the system, including 
   categories of users and the purposes of such uses: Information in 
   these records may be used:
       a. To refer applicants for purposes of consideration for 
   placement in positions for which an applicant has applied and is 
   qualified. This includes various government organizations.
       b. To refer current Board employees for consideration for 
   reassignment and promotion within the Board.
       c. As a data source for management information for production of 
   summary descriptive statistics and analytical studies in support of 
   the function for which the records are collected and maintained, or 
   for related personnel management functions or manpower studies; may 
   also be utilized to respond to general requests for statistical 
   information (without personal identification of individuals) under 
   the Freedom of Information Act or to locate specific individuals for 
   personnel research of other personnel management functions.
       d. To refer, where there is an indication of a violation or 
   potential violation of law, whether civil, criminal or regulatory in 
   nature, to the appropriate agency, whether federal, state or local, 
   charged with the responsibility of investigating or prosecuting such 
   violation or with enforcing or implementing the statute, or rule, 
   regulation or order issued pursuant thereto.
       e. To request information from a Federal, state or local agency 
   maintaining civil, criminal, or other relevant enforcement or other 
   pertinent information, such as licenses, if necessary to obtain 
   relevant information to an agency decision concerning the hiring or 
   retention of an employee, the issuance of a security clearance, the 
   letting of a contract, or the issuance of a license, grant or other 
   benefit.
       f. To provide information or disclose to a Federal Agency, or any 
   other employer or prospective employer in response to its request, in 
   connection with the hiring or retention of an employee, the letting 
   of a contract, or issuance of a license, grant or other benefit by 
   the requesting agency to the extent that the information is relevant 
   and necessary to the requesting agency's decision on that matter.
       g. To respond to a court order.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system: 
     Storage: Records are maintained on magnetic tapes, punched cards, 
   microfilm, cards, lists, forms, and in folders.
     Retrievability: Records are indexed by name, combination of birth 
   date, social security account number, and applicable identification 
   number.
     Safeguards: Access to and use of these records are limited to those 
   persons whose official duties require such access.
     Retention and disposal: 
       a. Files of eligibles. Retained for a minimum of one year after 
   date of determination that no suitable position exists currently.
       b. Index cards. Destroyed when no longer needed.
       c. Cancelled and ineligible applications. Same as ``a'' above.
       d. Inquiries and replies regarding availability for appointment.
     System manager(s) and address: Director of Personnel, Board of 
   Governors, Federal Reserve System, 20th and Constitution, NW, 
   Washington, DC 20551.
     Notification procedure: Individuals should provide name, date of 
   birth, Social Security Number, identification number (if known), 
   approximate date of record, and type of position with which concerned 
   to the System Manager, address above.
     Record access procedures: Individuals should provide name, date of 
   birth, Social Security Number, identification number (if known), 
   approximate date of record, and type of position with which concerned 
   to the System Manager, address above.
     Record source categories: Information in this system of records 
   either comes from the individual to whom it applies or is derived 
   from information he or she supplies, except reports from medical 
   personnel on physical qualifications; and statements supplied by 
   references.
     Systems exempted from certain provisions of the act: Pursuant to 
   subsections (k)(2) and (k)(5) of the Privacy Act and the Board's 
   regulation relating thereto (12 CFR part 261a), certain portions of 
   this system of records may be exempted from certain provisions of the 
   Act where: (1) Such portions represent investigatory material 
   compiled for law enforcement purposes, or (2) such portions represent 
   investigatory material compiled solely for the purpose of determining 
   suitability, eligibility, or qualifications for Board employment of 
   the extent that disclosure of such portions would reveal the identity 
   of a source who furnished information under a promise of 
   confidentiality.

   BGFRS-2

   System name: FRB Personnel Background Investigation Reports.

     System location: Board of Governors, Federal Reserve System, 20th 
   and Constitution, NW, Washington, DC 20551.
     Categories of individuals covered by the system: Current and former 
   applicants for employment by the Board of Governors; Federal Reserve 
   System employees considered for access to classified information or 
   restricted areas; and/or security determinations as contractors, 
   employees of contractors, experts, instructors, and consultants to 
   the Board. Individuals who are neither applicants nor employees of 
   the Board but are or were involved in Board programs under a 
   cooperative assignment or similar agreement; individuals who are 
   neither applicants nor employees of the Board but are or were 
   involved in matters related to the operation of the Board.
     Categories of records in the system: These records may contain 
   investigative information regarding an individual's character, 
   financial responsibility, conduct, behavior; arrests and convictions 
   for any violations against the law; reports of interviews with former 
   supervisors, co-workers, associates, educators, etc.; reports about 
   the qualifications of an individual for a specific position; reports 
   of inquiries with law enforcement agencies; former employers; 
   education institutions attended; and other information developed from 
   the above.
     Authority for maintenance of the system: Section 11 of the Federal 
   Reserve Act (12 U.S.C. 248(i) and 248(1)).
     Routine uses of records maintained in the system, including 
   categories of users and the purposes of such uses: The contents of 
   these records may be disclosed to and used as follows:
       a. To assist in determining the suitability for access to 
   classified information.
       b. To designated officers and employees of other agencies and 
   departments of the Federal Government, and the District of Columbia 
   Government, having an interest in the individual for employment 
   purposes, in connection with performance of a service to the Federal 
   Government, under a contract or other agreement, including a security 
   clearance or access determination, and a need to evaluate 
   qualifications, suitability, and loyalty to the United States 
   Government.
       c. To the intelligence agencies of the Department of Defense, 
   National Security Agency, Central Intelligence Agency, and the 
   Federal Bureau of Investigation for use in intelligence activities.
       d. To any source from which information is requested by the Board 
   in the course of an investigation, to the extent necessary to 
   identify the individual, inform the source of the nature and purpose 
   of the investigation and to identify the type of information 
   requested.
       e. In the event of an indication of any violation or potential 
   violation of the law, whether civil, criminal, or regulatory in 
   nature, and whether arising by statute or by regulation, rule or 
   order issued pursuant thereto, the relevant records in the system of 
   records may be referred, as a routine use, to the appropriate agency, 
   whether Federal, State, or local charged with the responsibility of 
   investigating or prosecuting such violation or charged with enforcing 
   or implementing the statute, or rule, regulation or order issued 
   pursuant thereto; such referral shall also include, and be deemed to 
   authorize any and all appropriate and necessary uses of such records 
   in a court of law and before an administrative board or hearing.
       f. As a data source for management information for production of 
   descriptive statistics and analytical studies in support of the 
   function for which the records are collected and maintained, or for 
   related personnel management functions or manpower studies; may also 
   be utilized to respond to general requests for statistical 
   information (without personal identification of individuals) under 
   the Freedom of Information Act or to locate specific individuals for 
   personnel research or other personnel management functions.
       g. To respond to a court order.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system: 
     Storage: Files are maintained in folders and index cards in steel 
   file cabinets with manipulation proof combination lock.
     Retrievability: Records are indexed by name in alphabetical order.
     Safeguards: Access to and use of these records are limited to those 
   persons whose official duties require access and who have appropriate 
   security clearance.
     Retention and disposal: The indexing cards are retained 
   indefinitely, while the reports of investigation are returned to the 
   originating agency after separation of employment.
     System manager(s) and address: Assistant Director, Division of 
   Support Services Board of Governors, Federal Reserve System, 20th and 
   Constitution, NW, Washington, DC 20551.
     Notification procedure: An individual may inquire as to whether or 
   not the system contains a record pertaining to him or to her by 
   addressing a written request to:
       Director of Personnel, Board of Governors, Federal Reserve 
   System, 20th and Constitution, NW, Washington, DC 20551.
       The request should include the full name and date and place of 
   birth of the individual, and any available information regarding the 
   type of record involved, and the category of individual under which 
   the inquirer feels he or she fits.
     Record access procedures: In response to a written request by an 
   individual to determine whether or not the system contains a record 
   pertaining to him or to her, the Director will set forth the 
   procedure for gaining access to the record. If the individual desires 
   to contest the contents of a record, he or she may do so by writing 
   to the:
       Director of Personnel, Board of Governors, Federal Reserve 
   System, 20th and Constitution, NW, Washington, DC 20551.
     Record source categories: Information contained in the system is 
   obtained from the following:
       1. Applications and other personnel and security forms furnished 
   by the individual.
       2. Investigative material furnished by other Federal agencies. 
   Notices of personnel actions furnished by other Federal agencies.
       3. By personal investigation or written inquiry from sources such 
   as:
       Employers
       Schools
       References
       Neighbors
       Associates
       Police Departments
       Courts
       Credit Bureau
       Medical Records
       Probation Officials
       Prison Officials
       4. Newspapers, magazines, periodicals, and other publications.
       5. Published hearings of Congressional Committees.
     Systems exempted from certain provisions of the act: Pursuant to 
   subsections (k)(2) and (k)(5) of the Privacy Act and the Board's 
   regulation relating thereto (12 CFR part 261a), certain portions of 
   this system of records may be exempted from certain provisions of the 
   Act where: (1) Such portions represent investigatory material 
   compiled for law enforcement purposes, or (2) such portions represent 
   investigatory material compiled solely for the purpose of determining 
   suitability, eligibility, or qualifications for Board employment to 
   the extent that disclosure of such portions would reveal the identity 
   of a source who furnished information under a promise of 
   confidentiality.

    BGFRS-3

   System name: FRB--Medical Records.

     System location: Board Physician, Federal Reserve System, 20th and 
   Constitution, NW, Washington, DC 20551.
     Categories of individuals covered by the system: 
       1. Applicants who have been medically examined for Board 
   employment.
       2. Applicants for disability retirement under the Civil Service 
   Retirement Law or Federal Reserve System Retirement Plan.
       3. Current and former Federal Reserve Board employees.
     Categories of records in the system: 
       1. Information relating to an individual's medical qualifications 
   to hold a position with the Board.
       2. Medical information relating to an individual's capability 
   (physical and mental) to satisfactorily perform the duties of the 
   position he or she holds or held.
       3. Information relating to an employee's participation in an 
   occupational health services program.
       4. Information relating to pre-employment or periodic medical 
   examinations to assure that the incumbent is qualified (physically 
   and mentally) to satisfactorily perform the duties of the position.
       5. Information attesting to an annuitant's state of health as 
   required for ``insurable interest'' survivor annuity elections.
       6. Information relating to handicaps.
       7. Information relating to employee participation in the Federal 
   Civilian Employee Alcoholism and Drug Abuse Programs.
     Authority for maintenance of the system: Section 11 of the Federal 
   Reserve Act (12 U.S.C. 248(i) and 248(l)).
     Routine uses of records maintained in the system, including 
   categories of users and the purposes of such uses: 
       1. Information in these records is used to:
       a. Determine veteran disability status.
       b. Support applications for Disability Retirement.
       c. Support ``insurable interest'' survivor annuity elections.
       d. Determine suitability for employment or continued employment.
       e. Assist in medical counseling.
       2. Information in these records may be provided to officials of 
   other Federal agencies responsible for Federal benefit programs 
   administered by:
       a. Office of Workmen Compensation Programs.
       b. Retired Military Pay Centers.
       c. Veterans Administration.
       d. Social Security Administration.
       e. Specific private contractors engaged in providing benefits 
   under Federal contracts.
       f. Office of Personnel Management.
       3. Information in these records is used:
       a. To refer, where there is an indication of a violation or 
   potential violation of law, whether civil, criminal or regulatory in 
   nature, to the appropriate agency, whether Federal, state, or local 
   charged with the responsibility of investigating or prosecuting such 
   violation or charged with enforcing or implementing the statute or 
   rule, regulation or order issued pursuant thereto.
       b. To request information from a Federal, state or local agency 
   maintaining civil, criminal or other relevant enforcement or other 
   pertinent information, such as a license, if necessary to obtain 
   relevant information to the Board's decision concerning the hiring or 
   retention of an employee, the issuance of a security clearance, the 
   letting of a contract or the issuance of a grant or other benefit.
       c. To provide information or disclose to a Federal agency, in 
   response to its request, in connection with the hiring or retention 
   of an employee, the letting of a contract or issuance of a license, 
   grant or other benefit by the requesting agency to the extent that 
   the information is relevant and necessary to the requesting agency's 
   decision on the matter.
       d. As a data source for management information for production of 
   descriptive statistics and analytical studies in support of the 
   function for which the records are collected and maintained, or for 
   related personnel management functions or manpower studies; may also 
   be utilized to respond to general requests for information (without 
   personal identification of individuals) under the Freedom of 
   Information Act or to locate specific individuals for personnel 
   research or other personnel management functions.
       e. To respond to a court order.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system: 
     Storage: Records are in folders.
     Retrievability: Records are indexed by name, social security 
   number, identification number, date of birth and/or claim number.
     Safeguards: 
       Access to and use of these records are limited to those persons 
   whose official duties require such access. Records are stored in 
   lockable metal containers.
     Retention and disposal: 
       a. Medical certificates and other medical records of examination 
   used to determine an employee's fitness for a job 6 years after 
   separation.
       b. Miscellaneous medical records, correspondence dispensary 
   records and similar papers, 6 months after separation.
       c. Applicant's medical records, 6 years after separation.
       d. Disability retirement medical files, 6 years after separation.
     System manager(s) and address: 
       Director of Personnel, Board of Governors, Federal Reserve 
   System, 20th and Constitution, NW, Washington, DC 20551.
     Notification procedure: 
       Individuals requesting information about this system of records 
   should provide their full name, date of birth, social security 
   number, name of office or division in which currently or formerly 
   employed, and annuity account number, if any has been assigned, to 
   the System Manager, address above.
     Record access procedures: 
       Individuals requesting information about this system of records 
   should provide their full name, date of birth, social security 
   number, name of office or division in which currently or formerly 
   employed, and annuity account number, if any has been assigned, to 
   the System Manager, address above.
     Record source categories: 
       1. The individual to whom the record pertains.
       2. Personal physicians.
       3. Medical institutions.
       4. Official records of other Federal agencies.
       5. Federal Reserve Board Official Personnel Records.
       6. Federal Reserve System Personnel Management Records Systems.
     Systems exempted from certain provisions of the act: 
       None; however, see special procedures provided at 12 CFR 261a.6.

   BGFRS-4

   System name: 

       FRB--General Personnel Records.
     Security classification: 
       None.
     System location: 
       Board of Governors of the Federal Reserve System, 20th and 
   Constitution, NW, Washington, DC 20551.
     Categories of individuals covered by the system: 
       Current and former employees of the Board, and the surviving 
   spouses and children of former Board employees.
     Categories of records in the system: 
       This system of records consists of information relating to 
   personnel actions of the Board and its determinations made about an 
   individual during the course of his or her employment by the Board. 
   These records may contain information about employees and former 
   employees relating to employment, placement, personnel actions; 
   academic assistance, and training and development activities; 
   background investigations; and salary actions. Performance Management 
   Program (PMP) ratings for the most recent two years are included, but 
   the actual PMP form is not. It also includes minority group and 
   medical disability designators; records relating to benefits and 
   designation of beneficiary; emergency contact information; address 
   and name changes; documentation supporting personnel actions or 
   decisions made about an individual; information concerning awards; 
   and other information relating to the status of the individual while 
   employed by the Board, including records of jury duty by the employee 
   and any doctor's certificate that may have been filed at the request 
   of the employee regarding the employee's health. The system of 
   records also contains information regarding surviving beneficiaries 
   of deceased Board employees to the extent necessary to provide 
   benefits to those individuals.
     Authority for maintenance of the system: 
       Sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 244 and 
   248(l)).
   Purpose(s): 
       These records are collected and maintained to assist the Board in 
   its personnel actions and decisions, and in the administration of its 
   benefits programs.
     Routine uses of records maintained in the system, including 
   categories of users and the purposes of such uses: 
       These records and information in these records may be used:
       a. To disclose information to Government training facilities 
   (Federal, State, and local) and to non-Government training facilities 
   (private vendors of training courses or programs, private schools, 
   etc.) for training purposes.
       b. To disclose information to educational institutions on 
   appointment of a recent graduate to a position at the Board, and to 
   provide college and university officials with information about their 
   students who are working in internships or other similar programs 
   necessary to a student's obtaining credit for the experience gained.
       c. To disclose information to the Department of Labor, Department 
   of Veterans Affairs, Social Security Administration, Department of 
   Defense, a Federal Reserve Bank, or any Federal agencies that have 
   special civilian employee retirement programs; or to a national, 
   State, county, municipal, or other publicly recognized charitable or 
   income security, administration agency (e.g., State unemployment 
   compensation agencies), when necessary to adjudicate a claim under 
   the retirement, insurance, unemployment, or health benefits programs 
   of the Board, a Federal Reserve Bank, or any agency cited above, or 
   to an agency to conduct an analytical study or audit of benefits 
   being paid under such programs.
       d. To disclose to the Office of Federal Employees Group Life 
   Insurance, information necessary to verify election, declination, or 
   waiver of regular and/or optional life insurance coverage, 
   eligibility for payment of a claim for life insurance, or a Thrift 
   Savings Program (TSP) election change and designation of beneficiary.
       e. To disclose to the manager of the Federal Reserve Thrift Plan, 
   or any other TSP, information necessary to complete enrollment, 
   determine appropriate levels of withholding and/or contributions, 
   determine eligibility for disbursements, verify designation of 
   beneficiary, or to carry out the coordination or audit of the Plan or 
   savings program.
       f. To disclose, to health insurance carriers contracting with the 
   Board and/or the Federal Government to provide a health benefits plan 
   (e.g., Federal Employees Health Benefits Program), information 
   necessary to identify enrollment in a plan, to verify eligibility for 
   payment of a claim for health benefits, or to carry out the 
   coordination or audit of benefit provisions of such contracts.
       g. To disclose pertinent information to the appropriate Federal, 
   State, or local agency responsible for investigating, prosecuting, 
   enforcing, or implementing a statute, rule, regulation, or order, 
   when the Board becomes aware of an indication of a violation or 
   potential violation of civil or criminal law or regulation.
       h. To disclose information to any source from which additional 
   information is requested (to the extent necessary to identify the 
   individual, inform the source of the purpose(s) of the request, and 
   to identify the type of information requested), when necessary to 
   obtain information relevant to a Board decision to hire or retain an 
   employee, issue a security clearance, conduct a security or 
   suitability investigation of an individual, classify jobs, let a 
   contract, or issue a license, grant, or other benefits.
       i. To disclose to a Federal agency in the executive, legislative 
   or judicial branch of government, or to a Federal Reserve Bank, in 
   response to its request, or at the initiation of the Board, 
   information in connection with the hiring of an employee, the 
   issuance of a security clearance, the conducting of a security or 
   suitability investigation of an individual, the classifying of jobs, 
   the letting of a contract, the issuance of a license, grant, or other 
   benefits by the requesting agency, or the lawful statutory, 
   administrative, or investigative purpose of the agency to the extent 
   that the information is relevant and necessary to the requesting 
   agency's decision.
       j. To provide information to a congressional office from the 
   record of an individual in response to an inquiry from the 
   congressional office made at the request of the individual.
       k. To disclose information to another Federal agency, a court, or 
   a party in litigation before a court or in an administrative 
   proceeding being conducted by a Federal agency, when the Board is a 
   party to the judicial or administrative proceeding.
       l. To disclose information to the Department of Justice or in a 
   proceeding before a court, adjudicative body, or other administrative 
   body before which the Board is authorized to appear, when:
       (1) The Board or any employee of the Board in his or her official 
   capacity; or
       (2) Any employee of the Board in his or her individual capacity 
   where the Department of Justice or the Board has agreed to represent 
   the employee; or
       (3) The United States (when the Board determines that the 
   litigation is likely to affect the Board) is a party to litigation or 
   has an interest in such litigation, and the use of such records by 
   the Department of Justice or the Board is deemed by the Board to be 
   relevant and necessary to the litigation provided, however, that in 
   each case it has been determined that the disclosure is compatible 
   with the purpose for which the records were collected.
       m. By the National Archives and Records Administration in 
   connection with records management inspections and its role as 
   Archivist.
       n. When an individual to whom a record pertains is mentally 
   incompetent or under other legal disability, information in the 
   individual's record may be disclosed to any person who is responsible 
   for the care of the individual, to the extent necessary to assure 
   payment of benefits to which the individual is entitled.
       o. To disclose to the Board-appointed representative of an 
   employee all notices, determination, decisions, or other written 
   communications issued to the employee, in connection with an 
   examination ordered by the Board under--
       (1) Fitness-for-duty examination procedures; or
       (2) Agency-filed disability retirement procedures.
       p. To disclose, in response to a request for discovery or for 
   appearance of a witness, information that is relevant to the subject 
   matter involved in a pending judicial or administrative proceeding.
       q. To disclose to a requesting agency, organization, or 
   individual the home address and other relevant information on those 
   individuals who it reasonably believed might have contracted an 
   illness or might have been exposed to or suffered from a health 
   hazard while employed in the Federal workforce.
       r. To disclose information to the Equal Employment Opportunity 
   Commission when requested in connection with investigations or other 
   functions vested in the Commission.
       s. To disclose to prospective non-Federal employers the following 
   information about a specifically identified current or former Board 
   employee: (1) Tenure of employment; (2) civil service status; (3) 
   length of service at the Board and in the Government; and (4) when 
   separated, the date and nature of action as shown on the Job Action.
       t. To disclose information to contractors, grantees, or 
   volunteers performing or working on a contract, service, grant, 
   cooperative agreement, or job for the Board.
       u. To disclose information to a Federal, State or local 
   governmental entity or agency (or its agent) when necessary to locate 
   individuals who are owed money or property either by a Federal, 
   State, or local agency, or by a financial or similar institution.
       v. To disclose to a spouse or dependent child (or court-appointed 
   guardian thereof) of a Board employee enrolled in the Federal 
   Employees Health Benefits Program, upon request, whether the employee 
   has changed from a self-and-family to a self-only health benefits 
   enrollment.
       w. To verify for an entity preparing to make a loan to an 
   employee the individual's employment status and salary.
       x. To disclose information to officials of labor organizations 
   recognized under applicable law when relevant and necessary to their 
   duties of exclusive representation concerning personnel policies, 
   practices, and matters affecting working conditions.
       y. To disclose information to the Merit Systems Protection Board 
   or the Office of Special Counsel in connection with appeals, special 
   studies of the civil service and other merit systems, review of 
   Office rules and regulations, investigation of alleged practices, and 
   such other functions promulgated in 5 U.S.C. chapter 12, or as may be 
   authorized by law.
   Disclosure to consumer reporting agencies:
       Not applicable.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system:  
     Storage: 
       Records are maintained in file folders, microfiche, and in 
   computer processable storage media.
     Retrievability: 
       Records are indexed by name, Social Security number, or 
   identification number. Electronically maintained records may be 
   sorted and retrieved by other variables, such as date of birth, 
   division in which an employee works, or date of hire.
     Safeguards: 
       Paper or microfiche records are located in locked metal file 
   cabinets or in metal file cabinets in secured rooms with access 
   limited to those whose official duties require it. Access to 
   computerized records is limited, through use of access codes, to 
   those whose official duties require it. In addition, access to 
   computerized records can be tracked through an automatically-
   generated audit trail.
     Retention and disposal: 
       The general employment records are retained indefinitely. An 
   individual's benefits records are maintained until the death of the 
   last surviving beneficiary.
     System manager(s) and address: 
       Associate Director, Human Resources Function, Management 
   Division, Board of Governors of the Federal Reserve System, 20th & 
   Constitution, NW, Washington, DC 20551.
     Notification procedure: 
       Inquiries should be sent to the Secretary of the Board, Board of 
   Governors of the Federal Reserve System, 20th and Constitution 
   Avenue, NW, Washington, DC 20551. The request should contain the 
   individual's name, date of birth, Social Security number, 
   identification number (if known), approximate date of record, and 
   type of position.
     Record access procedures: 
       Current Board employees who wish to gain access to or contest 
   their records should contact the system manager, address above. 
   Former Board employees should direct such a request in writing to the 
   Secretary of the Board, Board of Governors of the Federal Reserve 
   System, 20th and Constitution Avenue, NW, Washington, DC 20551. The 
   request should contain the individual's name, date of birth, Social 
   Security number, identification number (if known), approximate date 
   of record, and type of position.
     Contesting record procedures: 
       Same as ``Notification procedure'' above.
     Record source categories: 
       Information in this system of records comes from the individual 
   to whom it applies or is derived from the information the individual 
   supplied, except information provided by Board officials. Information 
   is also obtained from the following sources: OPM Personnel Management 
   Records System; personnel records of other Government agencies; 
   personnel records of Federal Reserve Banks; and official transcripts 
   from schools when authorized by the employee.
     Systems exempted from certain provisions of the act: 
       Pursuant to subsections (k)(2) and (k)(5) of the Privacy Act and 
   the Board's regulation relating thereto (12 CFR part 261a), certain 
   portions of this system of records may be exempted from certain 
   provisions of the Act where: (1) Such portions represent 
   investigatory material compiled for law enforcement purposes, or (2) 
   such portions represent investigatory material compiled solely for 
   the purpose of determining suitability, eligibility, or 
   qualifications for Board employment to extent that disclosure of such 
   portions would reveal the identity of a source who furnished 
   information under a promise of confidentiality.

   BGFRS-5

   System name: FRS--EEO Discrimination Complaint File.

     System location: Board of Governors, Federal Reserve System, 20th 
   and Constitution, NW, Washington, DC 20551.
     Categories of individuals covered by the system: Applicants for 
   Board employment, current and former Board employees, and annuitants 
   who file a complaint of discrimination or appeal a determination made 
   by an official of the Board relating to equal employment 
   opportunities.
     Categories of records in the system: This system of records 
   contains information or documents relating to a complaint, the 
   decision or determination made by the Board affecting an individual 
   under the Board's EEO regulations and procedures. The records consist 
   of the initial complaint or appeal letters or notices to the 
   individual, record of hearings when conducted materials placed into 
   the record to support the decision or determination, affidavits or 
   statements, testimonies of witnesses, investigative reports, 
   instructions to the Board and/or individual about action to be taken 
   to comply with decisions, and related correspondence, opinions and 
   recommendations.
     Authority for maintenance of the system: Section 11 of the Federal 
   Reserve Act (12 U.S.C. 248(i) and 248(1)).
     Routine uses of records maintained in the system, including 
   categories of users and the purposes of such uses: The information in 
   the records may be used:
       a. To respond to a request from a Member of Congress regarding 
   the status of an appeal, complaint or grievance.
       b. To provide information to the public on the decision of an 
   appeal, complaint, or grievance required by the Freedom of 
   Information Act.
       c. To respond to a court order.
       d. To adjudicate an appeal, complaint, or grievance.
       e. As a data source for management information for production of 
   summary descriptive statistics and analytical studies in support of 
   the function for which the records are collected and maintained, or 
   for related personnel management functions or manpower studies; may 
   also be utilized to respond to general requests for statistical 
   information (without personal identification of individuals) under 
   the Freedom of Information Act or to locate specific individuals for 
   personnel research or other personnel management functions.
       f. To refer, where there is an indication of a violation or 
   potential violation of law, whether civil, or regulatory in nature, 
   to the appropriate agency, whether Federal, state, or local, charged 
   with the responsibility of investigating or prosecuting such 
   violation or charged with enforcing or implementing the statute, 
   rule, regulation or order issued pursuant thereto.
       g. To provide information or disclose to a Federal agency, in 
   response to its request, in connection with the hiring or retention 
   of an employee, the letting of a contract, or issuance of a license, 
   grant, or other benefit by the requesting agency to the extent that 
   the information is relevant and necessary to the requesting agency's 
   decision on that matter.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system: 
     Storage: These records are maintained in file folders, binders, and 
   index cards.
     Retrievability: These records are indexed by the names of the 
   individuals on whom they are maintained.
     Safeguards: Access to and use of these records are limited to those 
   persons whose official duties require such access. Personnel 
   screening is employed to prevent unauthorized disclosure.
     Retention and disposal: The records are maintained indefinitely.
     System manager(s) and address: Director of Personnel, Board of 
   Governors, Federal Reserve System, 20th and Constitution, NW, 
   Washington, DC 20551.
     Notification procedure: Individuals who have filed appeals or 
   grievances are aware of that fact and have been provided a copy of 
   the records. They may, however, contact the System Manager, address 
   above. Individuals should provide their name, date of birth, and the 
   approximate date of employment or application, and the kind of action 
   taken by the Board when making inquiries about records.
     Record access procedures:
       Individuals who have appealed or filed a grievance about a 
   decision or determination made by the Board or about conditions 
   existing in the Board already have been provided a copy of the 
   records. However, to gain access or contest the records in this 
   system, individuals should contact the System Manager, address above. 
   Individuals should provide their name, date of birth, approximate 
   date of employment or application and the kind of action taken by the 
   Board when requesting access to, or contest of records.
     Record source categories: 
       a. Individual to whom the record pertains
       b. Board employees.
       c. Affidavits or statements from employee.
       d. Testimonies of witnesses.
       e. Official documents relating to the appeal, grievance, or 
   complaints.
       f. Correspondence from specific organizations or persons.
     Systems exempted from certain provisions of the act: Pursuant to 
   subsection (k)(2) of the Privacy Act and the Board's regulation 
   relating thereto (12 CFR part 261a), certain portions of this system 
   of records may be exempted from certain provisions of the Act where 
   such portions represent investigatory material complied for law 
   enforcement purposes.

    BGFRS-6

   System name: FRB--Adverse Information and Action Records: 
      Disciplinary Records.

     System location: Board of Governors, Federal Reserve System, 20th 
   and Constitution, NW, Washington, DC 20551.
     Categories of individuals covered by the system: Current and former 
   Board employees, (including special employees) and annuitants who are 
   involved in an Adverse Action; employees who suffer a withholding of 
   a Progress Step Increase; and those employees who have creditors 
   contacting the Board relative to credit problems.
     Categories of records in the system: This system of records may 
   contain information or documents relating to a determination made by 
   the Board affecting an individual. The records consist of the letters 
   or notices to the individual, record of hearings when conducted, 
   materials placed into the record to support the decision or 
   determination, affidavits or statements, testimonies of witnesses, 
   investigative reports, and related correspondence, opinions and 
   recommendations. Letters from creditors are also contained in this 
   system.
     Authority for maintenance of the system: Section 11 of the Federal 
   Reserve Act (12 U.S.C. 248(i) and 248(1)).
     Routine uses of records maintained in the system, including 
   categories of users and the purposes of such uses: The information in 
   the records may be used:
       a. To respond to a request from a Member of Congress regarding 
   the status of an appeal, complaint or grievance.
       b. To provide information to the public on the decision of an 
   appeal, complaint, or grievance required by the Freedom of 
   Information Act.
       c. To respond to a court order.
       d. To adjudicate an appeal, complaint, or grievance.
       e. As a data source for management information for production of 
   descriptive statistics and analytical studies in support of the 
   function for which the records are collected and maintained, or for 
   related personnel management functions or manpower studies; may also 
   be utilized to respond to general requests for statistical 
   information (without personal identification of individuals) under 
   the Freedom of Information Act or to locate specific individuals for 
   personnel management functions.
       f. To refer, where there is an indication of a violation or 
   potential violation of law, whether civil, criminal or regulatory in 
   nature, to the appropriate agency, whether Federal, state, or local, 
   charged with the responsibility of investigating or prosecuting such 
   violation or charged with enforcing or implementing the statute, 
   rule, regulation or order issued pursuant thereto.
       g. To request information from a Federal, state or local agency 
   maintaining civil, criminal, or other relevant enforcement or other 
   pertinent information, such as licenses, if necessary to obtain 
   relevant information to a Board decision concerning the hiring or 
   retention of an employee, the issuance of a security clearance, the 
   letting of a contract, or the issuance of a grant or other benefit.
       h. To provide information or disclose to a Federal agency, in 
   response to its request, in connection with the hiring or retention 
   of an employee, the letting of a contract, or issuance of a license, 
   grant or other benefit by the requesting agency to the extent that 
   the information is relevant and necessary to the requesting agency's 
   decision on that matter.
       i. To administer various aspects of established personnel 
   management programs.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system:
     Storage: These records are maintained in file folders, binders, 
   index cards, magnetic tape and disk.
     Retrievability: These records are indexed by the names of the 
   individuals on whom they are maintained.
     Safeguards: Access to and use of these records are limited to those 
   persons whose official duties require such access. Personnel 
   screening is employed to prevent unauthorized disclosure.
     Retention and disposal: The records are maintained indefinitely 
   after cessation of employment unless deemed unnecessary, and thus 
   destroyed.
     System manager(s) and address: Director of Personnel, Board of 
   Governors, Federal Reserve System, 20th and Constitution, NW, 
   Washington, DC 20551.
     Notification procedure: Individuals should provide name, date of 
   birth, Social Security Number, identification number (if known), 
   approximate date of record, and type of situation with which 
   concerned to the System Manager, address above.
     Record access procedures: Individuals should provide name, date of 
   birth, Social Security Number, identification number (if known), 
   approximate date of record, and type of situation with which 
   concerned to the System manager, address above.
     Record source categories: a. Individual to whom the record 
   pertains.
       b. Board officials.
       c. Affidavits or statements from employees.
       d. Testimonies of witnesses.
       e. Official documents relating to an action, appeal, grievance, 
   or complaints.
       f. Correspondence from specific organizations or persons.
     Systems exempted from certain provisions of the act: None.

   BGFRS-7

   System name: 

       Payroll and Leave.
     Security classification: 
       None.
     System location: 
       Board of Governors, Federal Reserve System, 20th and 
   Constitution, NW., Washington, DC 20551.
     Categories of individuals covered by the system: 
       Past and present employees and members of the Board.
     Categories of records in the system: 
       Payroll records, including pay statements; requests for 
   deductions; tax and social security withholdings; Board retirement 
   deductions; voluntary withholdings for the Board's Thrift Plan or 
   FERS, savings bonds, CFC, and insurance; tax forms; W-2 forms; 
   overtime requests; leave data; and worker's compensation data. Leave 
   records, including compensatory time, and codes indicating reasons 
   for taking leave, such as family illness, or military leave.
     Authority for maintenance of the system: 
       Section 11 of the Federal Reserve Act (12 U.S.C. 248(i) and 
   248(l)).
     Routine uses of records maintained in the system, including 
   categories of users and the purposes of such uses: 
       The information in the records may be used for the following 
   purposes.
       a. To provide information to a federal agency, in response to its 
   request, in connection with the hiring or retention of an employee, 
   the letting of a contract, or issuance of a license, grant, or other 
   benefit by the requesting agency to the extent that the information 
   is relevant and necessary to the requesting agency's decision on that 
   matter.
       b. To provide information to the Office of Child Support 
   Enforcement, Administration for Children and Families, Department of 
   Health and Human Services Federal Parent Locator System (FPLS) and 
   Federal Tax Offset System for use in locating individuals and 
   identifying their income sources to establish paternity, establish 
   and modify orders of support and for enforcement action.
       c. To provide information to the Office of Child Support 
   Enforcement for release to the Social Security Administration for 
   verifying social security numbers in connection with the operation of 
   the FPLS by the Office of Child Support Enforcement.
       d. To provide information to the Office of Child Support 
   Enforcement for release to the Department of the Treasury for 
   purposes of administering the Earned Income Tax Credit Program 
   (Section 32, Internal Revenue Code of 1986) and verifying a claim 
   with respect to employment in a tax return.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system: 
     Storage: 
       On tape, disk, folders and document files.
     Retrievability: 
       Filed by name, Social Security number, and employee number.
     Safeguards: 
       Access to and use of these records is limited to those persons 
   whose official duties require such access. Personnel screening is 
   employed to prevent unauthorized access. Electronic files are 
   protected by passwords. Paper records are stored in cabinets and a 
   safe.
     Retention and disposal: 
       Various; minimum of one year from date of annual audit; maximum 
   of indefinite.
     System manager(s) and address: 
       Director, Division of Human Resources Management, Board of 
   Governors of the Federal Reserve System, 20th and Constitution, NW., 
   Washington, DC 20551.
     Notification procedure: 
       Inquiries should be sent to the Secretary of the Board, Board of 
   Governors of the Federal Reserve System, 20th Street and Constitution 
   Avenue, NW., Washington, DC 20551.
     Record access procedures: 
       Same as ``Notification procedure'' above.
     Contesting record procedures: 
       Same as ``Notification procedure'' above.
     Record source categories: 
       Internal personnel forms, federal, state, and local tax forms, 
   employee authorizations and directive forms, insurance forms, leave 
   and overtime reports, federal and state garnishment forms.
     Systems exempted from certain provisions of the act: 
       None.

    BGFRS-8

   System name: FRB--Leave Records.

     System location: Board of Governors, Federal Reserve System, 20th 
   and Constitution, NW, Washington, DC 20551.
     Categories of individuals covered by the system: Present employees, 
   former employees for a period of three years following their 
   separation from the Board.
     Categories of records in the system: Contains timekeeper records, 
   leave cards, payroll notifications, supporting memorandum, periodic 
   leave statements, and creditable service documentation.
     Authority for maintenance of the system: Section 11 of the Federal 
   Reserve Act (12 U.S.C. 248(i) and 248(l)).
     Routine uses of records maintained in the system, including 
   categories of users and the purposes of such uses: Used as a data 
   source for management information and payment of leave, for 
   production of statistics and analytical studies in support of the 
   function for which records are collected and maintained or for 
   related personnel management functions and manpower studies.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system: 
     Storage: Punched card, tape, disk, index card, folder, and print 
   out.
     Retrievability: Filed by date, but may be filed by name or 
   identifying number.
     Safeguards: Stored in locked metal file cabinets, other records 
   stored in secured limited access computer facilities.
     Retention and disposal: Detailed information destroyed after two 
   years. Summary data is a part of permanent official personnel file.
     System manager(s) and address: Division of Personnel, Board of 
   Governors, Federal Reserve System, 20th and Constitution, NW, 
   Washington, DC 20551.
     Notification procedure: Individuals wishing to know whether 
   information about them is maintained in this system of records should 
   address inquiries to the System Manager above. Former Board employees 
   should direct such a request in writing, including their name, date 
   of birth, and Social Security number.
     Record access procedures: Individuals wishing to gain access or 
   contest their records should contact the System Manager, address 
   above. Former Board employees should direct such a request in 
   writing, including their name, date of birth, and Social Security 
   number.
     Record source categories: Records, files and forms of the Board, 
   information provided by the employee and previous Federal Government 
   employers.
     Systems exempted from certain provisions of the act: None.

    BGFRS-9

   System name: FRB--Consultant and Staff Associate File.

     System location: Board of Governors, Federal Reserve System, 20th 
   and Constitution, NW, Washington, DC 20551.
     Categories of individuals covered by the system: Individuals 
   retained by formal agreement, who (1) provide consulting services to 
   the Board and (2) act as advisors to the Board, but do not maintain 
   the independence of action necessary to meet the requirements for 
   classification as an independent contractor.
     Categories of records in the system: Documents, letters, memorandum 
   of understanding relating to agreement, rates of pay, payment, 
   records, vouchers, invoicers, and selection; negotiation, 
   implementation, scope and performance of work. Additional information 
   may be found on reemployed annuitants in the FRB-General Personnel 
   Records.
     Authority for maintenance of the system: Section 11 of the Federal 
   Reserve Act (12 U.S.C. 248(i) and 248(l)).
     Routine uses of records maintained in the system, including 
   categories of users and the purposes of such uses: Routine uses 
   include, but are not restricted to, selection, monitoring, evaluation 
   and control, audit and analysis, routine management activity, and 
   statistical use without individual indentification; verification and 
   confirmation; and referral when used as a basis for prospective 
   employment by employers other than the Board; to provide information 
   or disclose to a Federal agency, or any other employer or prospective 
   employer, in response to its request, in connection with the hiring 
   or retention of an employee, the letting of a contract, or issuance 
   of a license, grant, or other benefit by the requesting agency, to 
   the extent that the information is relevant and necessary to the 
   requesting agency's decision on the matter.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system: 
     Storage: Folder, punched card, tape, disk and index card.
     Retrievability: File by name, and cross index by voucher number and 
   date, or identifying number.
     Safeguards: Stored in secured area.
     Retention and disposal: Indefinite.
     System manager(s) and address: For consultants:
       Office of Controller, Board of Governors, Federal Reserve System, 
   20th and Constitution NW, Washington, DC 20551.
       For Staff Associates:
       Director of Personnel, Board of Governors, Federal Reserve 
   System, 20th and Constitution NW, Washington, DC 20551.
     Notification procedure: Individuals who have filed appeals or 
   grievances are aware of that fact and have been provided a copy of 
   the records. They may, however, contract the System Manager, address 
   above. Individuals should provide their name, date of birth, and the 
   approximate date of employment or application, and the kind of action 
   taken by the Board when making inquiries about records.
     Record access procedures: Individuals who have appealed or filed a 
   grievance about a decision or determination made by the Board or 
   about conditions existing in the Board already have been provided a 
   copy of the records. However, to gain access or contest the records 
   in this system, individuals should contact the System Manager, 
   address above. Individuals should provide their name, date of birth, 
   approximate date of employment or application, and the kind of action 
   taken by the Board when requesting access to, or contest of records.
     Record source categories: Information in this system of records is 
   obtained from the individual to whom it applies or is derived from 
   information supplied by the individual, except information provided 
   by Board staff, and for reemployed annuitants where the inactive 
   General Personnel File is activated.
     Systems exempted from certain provisions of the act: Pursuant to 
   subsections (k)(2) and (k)(5) of the Privacy Act and the Board's 
   regulation relating thereto (12 CFR part 261a), certain portions of 
   this systems of records may be exempted from certain provisions of 
   the Act where: (1) Such portions represent investigatory material 
   compiled for law enforcement purposes, or (2) such portions represent 
   investigatory material compiled solely for the purpose of determining 
   suitability, eligibility, or qualifications for Board employment to 
   the extent that disclosure of such portions would reveal the identity 
   of a source who furnished information under a promise of 
   confidentiality.

    BGFRS-10

   System name: FRB--General File on Board Members.

     System location: Board of Governors, Federal Reserve System, 20th 
   and Constitution NW, Washington, DC 20551
     Categories of individuals covered by the system: 
       Past and present members of the Board of Governors.
     Categories of records in the system: 
       Biographies of past and present members of the Board, oaths of 
   office, and miscellaneous correspondence relating to such Members.
     Authority for maintenance of the system: 
       Section 10 of the Federal Reserve Act (12 U.S.C. 241 et seq.)
     Routine uses of records maintained in the system, including 
   categories of users and the purposes of such uses: 
       Used for background information to determine qualifications for 
   appointment, reappointments, for compiling information for news 
   releases and other publications, and for recording correspondence 
   concerning the Governors.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system: 
     Storage: 
       Paper records.
     Retrievability: 
       Indexed by name.
     Safeguards: 
       Locked in supreme power file. Access limited to Board staff on a 
   restricted basis.
     Retention and disposal: 
       Indefinite.
     System manager(s) and address: Secretary of the Board, Board of 
   Governors, Federal Reserve System, 20th and Constitution, NW, 
   Washington, DC 20551.
     Notification procedure: 
       Same as System Manager, address above.
     Record access procedures: 
       Same as System Manager, address above.
     Record source categories: 
       Generated by individuals, incoming correspondence and staff 
   response thereto.
     Systems exempted from certain provisions of the act: 
       Pursuant to subsection (i)(5) of the Privacy Act and the Board's 
   regulation relating thereto (12 CFR part 261a), certain portions of 
   this system of records may be exempted from certain provisions of the 
   Act where such portions represent investigatory material compiled 
   solely for the purpose of determining suitability, eligibility, or 
   qualifications for Board employment to the extent that disclosure of 
   such portions would reveal the identity of a source who furnished 
   information under a promise of confidentiality.

    BCFRS-11

   System name: FRB--Official General Files.

     System location: Board of Governors, Federal Reserve System, 20th 
   and Constitution, NW, Washington, DC 20551.
     Categories of individuals covered by the system: Correspondents 
   with the Board and System Personnel and Fine Arts Program 
   participants.
     Categories of records in the system: Incoming and outgoing 
   correspondence concerning Board business. Records relating to System 
   Personnel in official capacities such as instructors, consultants, 
   and Board representatives to various committees, conferences, etc.
     Authority for maintenance of the system: Section 11 of the Federal 
   Reserve Act (12 U.S.C. 248(i)).
     Routine uses of records maintained in the system, including 
   categories of users and the purposes of such uses: Used for reference 
   purposes in preparing responses to inquiries from the public and used 
   in recording official duties of System Personnel.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system: 
     Storage: Paper records.
     Retrievability: Indexed by name.
     Safeguards: Locked in Supreme power file. Access limited to Board 
   staff on a restricted basis.
     Retention and disposal: Indefinite.
     System manager(s) and address: Secretary of the Board, Board of 
   Governors, Federal Reserve System, 20th and Constitution, NW, 
   Washington, DC 20551.
     Notification procedure: System Manager, address above.
     Record access procedures: System Manager, address above.
     Record source categories: Generated by individuals incoming 
   correspondence and staff response thereto.
     Systems exempted from certain provisions of the act: Pursuant to 
   subsection (k)(5) of the Privacy Act and the Board's regulation 
   relating thereto (12 CFR part 261a), certain portions of this system 
   of records may be exempted from certain provisions of the Act where 
   such portions represent investigatory material compiled solely for 
   the purpose of determining suitability, eligibility, or 
   qualifications for Board employment to the extent that disclosure of 
   such portions would reveal the identity of a source who furnished 
   information under a promise of confidentiality.

    BGFRS-12

   System name: FRB--Biographical File of Federal Personnel.

     System location: Board of Governors, Federal Reserve System, 20th 
   and Constitution, NW, Washington, DC 20551.
     Categories of individuals covered by the system: Current and former 
   Federal Reserve System officers, and their staff.
     Categories of records in the system: This system consists of a 
   variety of records relating to personnel actions and determinations 
   made about an individual while employed in the Federal Reserve 
   System. These records contain information about an individual 
   relating to birth date; education; veteran status; tenure; handicap; 
   past and present salaries, grades, and position titles; personnel 
   actions, including but not limited to appointment, reassignment, 
   demotion, detail, promotion, transfer, and separation; photograph, 
   awards; and other information relating to the status of the 
   individual.
     Authority for maintenance of the system: Sections 4, 11 and 22 of 
   the Federal Reserve Act (12 U.S.C. 221 et seq.).
     Routine uses of records maintained in the system, including 
   categories of users and the purposes of such uses:  Information in 
   there records may be used:
       a. By Federal Reserve System officials for purposes of review in 
   connection with appointments, transfers, promotion, reassignments, 
   adverse actions, disciplinary actions, and determination of 
   qualifications of an individual.
       b. By the Board of Governors for purposes of making a decision 
   when a listed employee or former listed employee is questioning the 
   validity of a specific document in the individual's record.
       c. To respond to a court order.
       d. To publish name and title data for the Directory of officers 
   of Federal Reserve Banks.
       e. To provide reports to Congress, agencies, and the public on 
   characteristics of the System work force.
       f. To refer, where there is an indication of a violation or 
   potential violation of law, whether civil, criminal, or regulatory in 
   nature, to the appropriate agency, whether Federal, state, or local, 
   charged with the responsibility of investigating or prosecuting such 
   violation or charged with enforcing or implementing the statute, 
   rule, regulation, or order issued pursuant thereto.
       g. As a data source for management information for production of 
   summary descriptive statistic and analytical studies in support of 
   the function for which the records are collected and maintained, or 
   for related personnel management functions or manpower studies; may 
   also be utilized to repond to general requests for information 
   (without personal identification of individuals) under the Freedom of 
   Information Act or to locate specific individuals for personnel 
   research or other personnel management functions.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system: 
     Storage: Records are maintained in file folders, magnetic tape, 
   punched cards and disk.
     Retrievability: Records are indexed by combination of name or 
   identification number.
     Safeguards: Records are located in lockable metal file cabinets or 
   in metal file cabinets in secured rooms with access limited to those 
   whose official duties require access.
     Retention and disposal: Retained indefinitely.
     System manager(s) and address: Director of Personnel, Board of 
   Governors, Federal Reserve System, 20th and Constitution, NW, 
   Washington, DC 20551.
     Notification procedure: Inquiries, including name, date of birth, 
   and Social Security Numbers should be addressed to the System 
   Manager, address above.
     Record access procedures: Current and former System employees who 
   wish to gain access to and contest their records should direct such a 
   request in writing, including their name, date of birth, and Social 
   Security Number to the System Manager, address above.
     Record source categories: Information in this system of records 
   comes from either the individual to whom it applies, extracted from 
   documents he supplied, or data provided by Federal Reserve System 
   officials and employees.
     Systems exempted from certain provisions of the act: None.

    BGFRS-13

   System name: FRB--General File of Examiners and Assistant 
      Examiners at Federal Reserve Banks.

     System location: Board of Governors, Federal Reserve System, 20th 
   and Constitution, NW, Washington, DC 20551.
     Categories of individuals covered by the system: 
       Past and present examiners and assistant examiners at Federal 
   Reserve Banks.
     Categories of records in the system: 
       Brief biographies of past and present examiners and assistant 
   examiners, oaths of office, and miscellaneous correspondence.
     Authority for maintenance of the system: 
       Section 11 of the Federal Reserve Act (12 U.S.C. 248(a) and 
   248(i)).
     Routine uses of records maintained in the system, including 
   categories of users and the purposes of such uses: 
       Used as background information for determining qualifications for 
   appointment, reappointment, etc.; for compiling information for news 
   releases and other publications, and recording correspondence 
   concerning such persons.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system: 
     Storage: 
       Paper records.
     Retrievability: 
       Indexed by name.
     Safeguards: 
       Locked in Supreme power file. Access limited to Board staff on a 
   restricted basis.
     Retention and disposal: 
       Indefinite.
     System manager(s) and address: Secretary of the Board, Board of 
   Governors, Federal Reserve System, 20th and Constitution, NW, 
   Washington, DC 20551.
     Notification procedure: System Manager, as indicated above.
     Record access procedures: Same as ``Notification'' above.
     Record source categories: 
       Individuals themselves, references such as ``Who's Who'' and 
   miscellaneous correspondence from system personnel and others.
     Systems exempted from certain provisions of the act: 
       Pursuant to subsection (k)(5) of the Privacy Act and the Board's 
   regulation relating thereto (12 CFR part 261a), certain portions of 
   this system of records may be exempted from certain provisions of the 
   Act where such portions represent investigatory material compiled 
   solely for the purpose of determining suitability, eligibility, or 
   qualifications for Board employment to the extent that disclosure of 
   such portions would reveal the identity of a source who furnished 
   information under a promise of confidentiality.

    BGFRS-14

   System name: FRB--General File of Federal Reserve Bank and 
      Branch Directors.

     System location: Board of Governors, Federal Reserve System, 20th 
   and Constitution, NW, Washington, DC 20551.
     Categories of individuals covered by the system: Past and present 
   Federal Reserve Bank and Branch Directors.
     Categories of records in the system: Biographies of past and 
   present Federal Reserve Bank and Branch Directors, oaths of office, 
   resignations, and miscellaneous correspondence.
     Authority for maintenance of the system: Sections 3, 4 and 11 of 
   the Federal Reserve Act (12 U.S.C. 221 et seq.).
     Routine uses of records maintained in the system, including 
   categories of users and the purposes of such uses: Used as background 
   information for determining qualifications for appointment, 
   reappointment, etc.; for compiling information for news releases and 
   other publications and recording correspondence concerning such 
   persons.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system: 
     Storage: Paper records.
     Retrievability: Indexed by name.
     Safeguards: Locked in Supreme power file. Access limited to Board 
   staff on a restricted basis.
     Retention and disposal: Indefinite.
     System manager(s) and address: Secretary of the Board, Board of 
   Governors, Federal Reserve System, 20th and Constitution, NW, 
   Washington, DC 20551.
     Notification procedure: System Manager, as indicated above.
     Record access procedures: Same as ``Notification'' above.
     Record source categories: Generated by individual's incoming 
   correspondence and staff response thereto.
     Systems exempted from certain provisions of the act: Pursuant to 
   subsection (k)(5) of the Privacy Act and the Board's regulation 
   relating thereto (12 CFR part 261a) certain portions of this system 
   of records may be exempted from certain provisions of the Act where 
   such portions represent investigatory material compiled solely for 
   the purpose of determining suitability, eligibility, or 
   qualifications for Board employment to the extent that disclosure of 
   such portions would reveal the identity of a source who furnished 
   information under a promise of confidentiality.

    BGFRS-15

   System name: FRB--General Files of Federal Reserve Agents, 
      Alternates and Representatives at Federal Reserve Banks.

     System location: Board of Governors, Federal Reserve System, 20th 
   and Constitution, NW, Washington, DC 20551.
     Categories of individuals covered by the system: 
       Past and present Federal Reserve Agents, Alternates and 
   Representatives at Federal Reserve Banks.
     Categories of records in the system: Biographies of past and 
   present examiners, oath of office and miscellaneous correspondence 
   relating to such persons.
     Authority for maintenance of the system: 
       Sections 4 and 11 of the Federal Reserve Act (12 U.S.C. 248(i), 
   (j) and 305).
     Routine uses of records maintained in the system, including 
   categories of users and the purposes of such uses: 
       Used as background information for determining qualifications for 
   appointment, reappointment etc.; for completing information for news 
   releases and other correspondence; and recording correspondence 
   concerning such persons.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system: 
     Storage: Paper records.
     Retrievability: 
       Indexed by name.
     Safeguards: 
       Locked in Supreme power file. Access limited to Board staff on a 
   restricted basis.
     Retention and disposal: 
       Indefinite.
     System manager(s) and address: Secretary of the Board, Board of 
   Governors, Federal Reserve System, 20th and Constitution, NW, 
   Washington, DC 20551.
     Notification procedure: 
       System Manager, as indicated above.
     Record access procedures: 
       Same as ``Notification'' above.
     Record source categories: 
       Generated by individual's incoming correspondence and staff 
   response thereto.
     Systems exempted from certain provisions of the act: 
       Pursuant to subsection (k)(5) of the Privacy Act and the Board's 
   regulation relating thereto (12 CFR part 261a), certain portions of 
   this system of records may be exempted from certain provisions of the 
   Act: Where such portions represent investigatory material compiled 
   solely for the purpose of determining suitability, eligibility, or 
   qualifications for Board employment to the extent that disclosure of 
   such portions would reveal the identity of a source who furnished 
   information under a promise of confidentiality.

   BGFRS-16

   System name: 

       FRB--Individuals Who Extend Margin Credit.
     Security classification: 
       None.
     System location: 
       Board of Governors of the Federal Reserve System, 20th and 
   Constitution, NW., Washington, DC 20551.
     Categories of individuals covered by the system: 
       Individuals other than banks, brokers and dealers who extend 
   credit in specified amounts secured by margin stock.
     Categories of records in the system: 
       G-1, G-2 and G-4 Reports filed by persons registered pursuant to 
   Regulation U, 12 CFR part 221.
   Purpose(s): 
       To maintain a current list of persons registered as margin 
   lenders under the securities laws.
     Authority for maintenance of the system: 
       Secs. 3, 7, 17, and 23 of the Securities Exchange Act of 1934 (15 
   U.S.C. 78c, 78g, 78q, and 78w), and Regulation U (12 CFR part 221).
     Routine uses of records maintained in the system, including 
   categories of users and the purposes of such uses: 
       The information in these records may be used to--
       (a) Disclose, upon request, the name of a registered individual 
   who extends credit secured by margin stock;
       (b) Provide information or records to any appropriate 
   governmental department or agency or self-regulatory organization 
   charged with the responsibility of administering law or investigating 
   or prosecuting violations of law or charged with enforcing or 
   implementing a statute, rule, regulation, order, policy, or license;
       (c) Disclose information, when appropriate, to foreign 
   governmental authorities in accordance with law, and formal or 
   informal international agreements; and
       (d) Disclose information, in the event of litigation or 
   enforcement action, to the appropriate court, magistrate, or 
   administrative tribunal; or to counsel or witnesses for the 
   presentation of evidence in the course of discovery, to the extent 
   permitted by law.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system: 
     Storage: 
       Paper forms and files; electronic data base.
     Retrievability: 
       Indexed by name.
     Safeguards: 
       Papers are retained in a secured space. Access to papers and 
   electronic data base by Federal Reserve staff on restricted basis.
     Retention and disposal: 
       Indefinite.
     System manager(s) and address: 
       Director, Division of Banking Supervision and Regulation, Board 
   of Governors of the Federal Reserve System, 20th and Constitution 
   Avenue, NW, Washington, DC 20551.
     Notification procedure: 
       Inquiries should be sent to the Secretary of the Board, Board of 
   Governors of the Federal Reserve System, 20th and Constitution 
   Avenue, NW, Washington, DC 20551. The request should contain the 
   individual's name, date of birth, and Social Security number.
     Record access procedures: 
       Same as ``Notification procedure'' above.
     Contesting record procedures: 
       Same as ``Notification procedure'' above.
     Record source categories: 
       Reports and forms filed by individuals to whom records pertain.
     Exemptions claimed for the system:
       None.

   BGFRS-17

   System name: 

       FRB--Municipal or Government Securities Principals and 
   Representatives.
     Security classification: 
       None.
     System location: 
       Board of Governors of the Federal Reserve System, 20th and 
   Constitution, NW., Washington, DC 20551.
     Categories of individuals covered by the system: 
       Persons who are, or seek to be, municipal or government 
   securities principals or municipal or government securities 
   representatives associated with a municipal or government securities 
   dealer that is a State member bank of the Federal Reserve System or a 
   U.S. branch of a foreign bank, or a subsidiary or a department or 
   division thereof.
     Categories of records in the system: 
       These records may contain identifying information as well as 
   educational, employment, and disciplinary information; scores on 
   professional qualification examinations; and, where applicable, 
   information regarding termination of employment of individuals 
   covered by the system. Identifying information includes name, 
   address, date and place of birth, and may include social security 
   account number.
   Purpose(s):
       To permit the Board to perform its responsibilities under the 
   securities laws with regard to the persons described in this system 
   of records.
     Authority for maintenance of the system: 
       Secs. 3, 15B, 15C, 17, and 23 of the Securities Exchange Act of 
   1934 (15 USC 78c, 78o-4, 78o-5, 78q, and 78w) and section 11 of the 
   Federal Reserve Act (12 USC 248).
     Routine uses of records maintained in the system, including 
   categories of users and the purposes of such uses: 
       The information in these records may be used:
       (a) To refer, where there is an indication of a violation or 
   potential violation of law, whether civil, criminal, or regulatory in 
   nature, to the appropriate governmental authority, whether federal, 
   state, local, or foreign, or self-regulatory organization.
       (b) To refer, in the event of litigation, whether civil, 
   criminal, or regulatory in nature, to the appropriate court, 
   magistrate, or administrative law judge.
       (c) To assist in any proceeding in which the federal securities 
   or banking laws are in issue or in which the Federal Reserve Board or 
   a past or present member of its staff is a party or otherwise 
   involved in an official capacity.
       (d) To disclose to a federal, state, local, or foreign 
   governmental authority or a self-regulatory organization if necessary 
   in order to obtain information relevant to a Federal Reserve Board 
   inquiry concerning a person who is or seeks to be associated with a 
   municipal or government securities dealer.
       (e) To respond to a request from a federal, state, local, or 
   foreign governmental authority or a self-regulatory organization for 
   information in connection with the issuance of a license or other 
   benefit to the extent that such information is relevant and 
   necessary.
       (f) To disclose to a congressional office from the record of an 
   individual in response to an inquiry from the congressional office 
   made at the request of that individual.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system:  
     Storage: 
       Records are maintained in file folders and on computer discs.
     Retrievability: 
       Records are indexed by name.
     Safeguards: 
       File folders are stored in lockable metal cabinets and computer 
   discs are accessed only by authorized personnel.
     Retention and disposal: 
       Records may be maintained indefinitely.
     System manager(s) and address: 
       Director, Division of Banking Supervision and Regulation, Board 
   of Governors of the Federal Reserve System, 20th and Constitution 
   Avenue, NW, Washington, DC 20551.
     Notification procedure: 
       Inquiries should be sent to the Secretary of the Board, Board of 
   Governors of the Federal Reserve System, 20th and Constitution 
   Avenue, NW, Washington, DC 20551. The request should contain the 
   individual's name, date of birth, and Social Security number.
     Record access procedures: 
       Same as ``Notification procedure'' above.
     Contesting record procedures: 
       Same as ``Notification procedure'' above.
     Record source categories: 
       Individuals on whom the records are maintained as well as 
   municipal or government securities dealers with whom the individuals 
   are associated, and federal, state, local, and foreign governmental 
   authorities, and self-regulatory organizations, which regulate the 
   securities industry.
     Exemptions claimed for the system:
       None.

    BGFRS-18

   System name: FRB--Consumer Complaint Information System.

     System location: 
       Board of Governors of the Federal Reserve System, 20th & 
   Constitution Avenue, NW, Washington, DC 20551.
     Categories of individuals covered by the system: 
       Persons who have filed complaints with the Federal Reserve Board 
   or the Federal Reserve Banks.
     Categories of records in the system: 
       These records may contain complaints regarding state-chartered 
   member banks, as well as other financial institutions, individuals or 
   organizations that are subject to federal banking regulations. 
   Information included in these records are the complainant's name, a 
   code symbol indicating the subject matter of the complaint, and 
   information regarding the investigation and action taken on the 
   complaint. Supporting records may include documents supplied by the 
   complainant, intra-agency memoranda, as well as correspondence 
   between the Federal Reserve System and the financial institution or 
   other individual or organization in question.
     Authority for maintenance of the system: 
       Section 11 of the Federal Reserve Act (12 U.S.C. 248(i)).
     Routine uses of records maintained in the system, including 
   categories of users and the purposes of such uses: 
       The information in these records may be used:
       a. By Board staff in its consumer affairs program for the 
   investigation and resolution of consumer complaints.
       b. To provide the appropriate Reserve Bank with information when 
   a complaint or inquiry is received by the Board involving a state-
   chartered member bank in that Reserve Bank's jurisdiction.
       c. In the investigation and resolution of complaints by the 
   Reserve Bank which may require the disclosure of information 
   contained in the records pertaining to the subject individual or 
   institution.
       d. For the maintenance of all follow-up correspondence (i.e., 
   information submitted by complainant and information gathered in the 
   investigation process concerning the complainant's bank records and 
   pertinent bank policies.
       e. To respond to Congressional inquiries and referral of 
   complaints made on behalf of constituents. Congressional inquiries 
   are generally made for the purpose of assessing the implementation of 
   Congressional legislation. Information identifying the complainant 
   and the institution or individual subject to the complaint is 
   generally deleted in these requests, unless the complainant consents 
   to disclosure. Information provided in response to complaint 
   referrals will be in the form of follow-up correspondence on the 
   complaints.
       f. To refer, where there is an indication of a violation or 
   potential violation of law, whether civil, criminal or regulatory in 
   nature, to the appropriate agency, whether federal, state or local, 
   charged with the responsibility of investigating or prosecuting such 
   violations or with enforcing or implementing the statute, or rule, 
   regulation or order issued pursuant thereto.
       g. To respond to a court order.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system: 
     Storage: 
       These records are stored in computer readable format, computer 
   printouts, control forms, in file folders, and on microfiche.
     Retrievability: 
       File folders and microfiche are retrievable by subject code; 
   control forms by control form number; computer printouts by state 
   member bank name, consumer name, and control form number.
     Safeguards: 
       Access to and use of these records is restricted to authorized 
   personnel only.
     Retention and disposal: 
       a. File folders of complaints will be retained for two years.
       b. Complaints on microfiche will be retained indefinitely.
       c. Records stored in computer readable format will be retained 
   indefinitely, with the following exceptions: Records on control forms 
   will be retained for a maximum of one year, with the exception of 
   Reserve Bank referrals which, will be retained indefinitely; records 
   on computer printouts of monthly and year-end reports will be 
   retained for one year, then put on microfiche and retained 
   indefinitely.
     System manager(s) and address: Director, Division of Consumer and 
   Community Affairs, Board of Governors, Federal Reserve System, 20th 
   and Constitution Ave., NW, Washington, DC 20051.
     Notification procedure: 
       Inquiries should be directed to the System Manager at the address 
   above. Inquirers may be required to file notarized statements 
   attesting to their identity.
     Record access procedures: 
       Inquiries should be directed to the System Manager at the address 
   above. Inquirers may be required to file notarized statements 
   attesting to their identity.
     Record source categories: 
       Person(s) who initiate complaints (or his or her representative, 
   which may include a member of Congress or an attorney); appropriate 
   federal, state or local regulatory and enforcement agencies; 
   institutions or individuals that are the subject of a complaint.
     Systems exempted from certain provisions of the act: 
       Pursuant to subsection (k)(2) and (k)(5) of the Privacy Act and 
   the Board's regulations relating thereto (12 CFR part 261a), certain 
   portions of this system of records may be exempted from certain 
   provisions of the act where: (1) Such portions represent 
   investigatory material compiled for law enforcement purposes, or (2) 
   such portions represent investigatory material compiled solely for 
   the purpose of determining suitability, eligibility, or 
   qualifications for Board employment to the extent that disclosure of 
   such portions would reveal the identity of a source who furnished 
   information under a promise of confidentiality.

    BGFRS-19

   System name: FRB--Financial Disclosure Reports and Outside 
      Business Interest Applications.

     System location: Board of Governors of the Federal Reserve System, 
   20th and Constitution Avenue, NW, Washington, DC 20551.
     Categories of individuals covered by the system: Board members, 
   officials, and key Board employees who are required to file annual 
   financial disclosure reports pursuant to Title II of the Ethics in 
   Government Act, as amended, Pub. L. 95-521 (1978) and Pub. L. 96-19, 
   and 96-28 (1979), or pursuant to Board regulation, 12 CFR part 264; 
   and Outside Business Interest Application forms, filed pursuant to 12 
   CFR part 264.
     Categories of records in the system: These records contain:
       a. The annual Financial Disclosure reports filed on forms 
   prescribed by the Office of Government Ethics, for those Board 
   members and officials who are required by statute to file these 
   reports;
       b. Confidential Annual Financial Disclosure Reports filed 
   annually by remaining Board officials and designated key Board 
   employees who are required by Board regulations to file these 
   reports; and
       c. Outside Business Interest Application forms filed by employees 
   pursuant to Board regulation.
     Authority for maintenance of the system: Title II of Pub. L. 95-521 
   (1978) and sections 10 and 11 of the Federal Reserve Act (12 U.S.C. 
   221 et seq.).
     Routine uses of records maintained in the system, including 
   categories of users and the purposes of such uses: The information in 
   these records may be used:
       a. To identify or determine conflict of interest situations or 
   potential conflicts of interest.
       b. To advise an employee of potential problems.
       c. To provide information to the Office of Government Ethics.
       d. To provide copies of those financial disclosure reports filed 
   pursuant to the Ethics in Government Act to the public, upon request.
       e. To respond to a request from a Member of Congress.
       f. To respond to a request from the General Accounting Office 
   made in the exercise of their official responsibilities.
       g. To respond to a court order.
       h. To respond to requests for nonidentified statistical 
   information under the Freedom of Information Act.
       i. To refer where there is an indication of a violation or 
   potential violation of law, whether civil, criminal or regulatory in 
   nature, to the appropriate agency, whether federal, state, or local, 
   charged with the responsibility of investigating or prosecuting such 
   violation or charged with enforcing or implementing the statute, 
   rule, regulation or order issued pursuant thereto.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system: 
     Storage: These records are maintained in file folders, in locked 
   steel file cabinets, in a secured room.
     Retrievability: These records are indexed by the names of the 
   individuals to whom they pertain.
     Safeguards: Access to and use of these records is restricted to 
   those persons whose official duties require such access.
     Retention and disposal: 
       a. Financial Disclosure Reports filed pursuant to the Ethics in 
   Government Act are retained for the statutorily required six-year 
   period, after which they are destroyed, unless needed in an ongoing 
   investigation.
       b. Confidential Financial Disclosure Reports filed pursuant to 
   Board regulation are maintained indefinitely.
       c. Outside Business Interest Applications are maintained 
   indefinitely.
     System manager(s) and address: Board Ethics Official, Board of 
   Governors, Federal Reserve System, 20th and Constitution, NW, 
   Washington, DC 20551.
     Notification procedure: 
       a. Requests for access to Financial Disclosure Reports filed 
   pursuant to the Ethics in Government Act are to be submitted on the 
   form provided by the Office of Government Ethics.
       b. Individuals wishing to have access to their own Confidential 
   Financial Disclosure reports or Outside Business Interest 
   Applications should contact the System Manager above.
     Record access procedures: Individuals wishing to gain access to or 
   to correct information maintained about them in this system of 
   records should contact the System Manager above. Former Board 
   employees should direct such a request in writing, including their 
   name, date of birth and social security number.
     Record source categories: Individual to whom the record pertains.
     Systems exempted from certain provisions of the act: None.

   BGFRS-21

   System name: 

       FRB--Supervisory Tracking and Reference System.
     System location: 
       Division of Banking Supervision and Regulation (Enforcement and 
   Special Investigations and Examinations Sections), Board of Governors 
   of the Federal Reserve System (Board), 20th and C Streets NW, 
   Washington, DC 20551. Computerized records of Suspicious Activity 
   Reports (SARs), with status updates, are managed by the Financial 
   Crimes Enforcement Network (FinCEN), Department of the Treasury, 
   pursuant to a contractual agreement, and are stored in Detroit, 
   Michigan. Authorized personnel at the Board and the Federal Reserve 
   Banks have on-line access to the computerized database managed by 
   FinCEN through individual work stations that are linked to the 
   database central computer.
     Categories of individuals covered by the system: 
       Directors, officers, employees, agents and persons participating 
   in the conduct of the affairs of entities regulated by the Board who 
   have been involved in suspected criminal activity or suspicious 
   financial transactions and referred to law enforcement officials; and 
   other individuals who have been involved in irregularities, 
   violations of law, or unsafe or unsound practices referenced in 
   documents received by the Board in the course of exercising its 
   supervisory functions.
     Categories of records in the system: 
       Inter- and intra-agency correspondence, memoranda and reports. 
   The SAR contains information identifying the financial institution 
   involved, the suspected person, the type of suspicious activity 
   involved, and any witnesses.
     Authority for maintenance of the system: 
       12 U.S.C. 248(a), 1820(d) and 1818 (for state member banks); 12 
   U.S.C. 1844 (for bank holding companies and their subsidiaries); 12 
   U.S.C. 622 and 625 (for Edge and Agreement corporations); 12 U.S.C. 
   3105 (for U.S. branches and agencies of foreign banks).
   Purpose(s): 
       The overall system serves as a central Board repository for 
   investigatory or enforcement information related to the Board's 
   responsibility to examine and supervise entities regulated by the 
   Board.
       The system maintained by FinCEN serves as the database for the 
   cooperative storage, retrieval, analysis, and use of information 
   relating to Suspicious Activity Reports made to or by the Board, the 
   Office of the Comptroller of the Currency, the Federal Deposit 
   Insurance Corporation, the Office of Thrift Supervision, and the 
   National Credit Union Administration (collectively, the Federal 
   Financial Regulatory Agencies), and FinCEN to various law enforcement 
   agencies for possible criminal, civil, or administrative proceedings 
   based on known or suspected violations affecting or involving 
   persons, financial institutions, or other entities under the 
   supervision or jurisdiction of such Federal Financial Regulatory 
   Agencies.
     Routine uses of records maintained in the system, including 
   categories of users, and the purposes of such uses: 
       Information in these records may be used to:
       (1) Provide information or records to any appropriate 
   governmental department or agency or self-regulatory organization 
   charged with the responsibility of administering law or investigating 
   or prosecuting violations of law or charged with enforcing or 
   implementing a statute, rule, regulation, order, policy, or license;
       (2) Provide the Federal Financial Regulatory Agencies and FinCEN 
   with information relevant to their operations;
       (3) Disclose information to third parties during the course of an 
   investigation to the extent necessary to obtain information pertinent 
   to the investigation;
       (4) Disclose information, when appropriate, to foreign 
   governmental authorities in accordance with law, and formal or 
   informal international agreements;
       (5) Disclose certain records, in the event of litigation or 
   enforcement action, to the appropriate court, magistrate, or 
   administrative tribunal; or to counsel or witnesses for the 
   presentation of evidence in the course of discovery, to the extent 
   permitted by law; and
       (6) With regard to formal or informal enforcement actions, 
   release information pursuant to 12 U.S.C. 1818(u), which requires the 
   Board to publish and make available to the public final orders and 
   written agreements, and modifications thereto.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system:
     Storage: 
       The records will be maintained in electronic data processing 
   systems and in paper and card files.
     Retrievability: 
       Computer output, file folders, and card files are retrievable by 
   indexes of data fields, including name of financial institution, 
   Federal Reserve Bank District, and individuals' names.
     Safeguards: 
       Paper records and word processing discs are stored at the Board 
   in lockable metal file cabinets. The database maintained by FinCEN 
   complies with applicable security requirements of the Department of 
   the Treasury. On-line access to the information in the database is 
   limited to authorized individuals who have been designated by each 
   Federal Financial Regulatory Agency and FinCEN, and each such 
   individual has been issued a nontransferable identifier or password.
     Retention and disposal: 
       Records are maintained indefinitely.
     System manager(s) and address: 
       Deputy Associate Director (Enforcement and Special Investigations 
   and Examinations Sections), Division of Banking Supervision and 
   Regulation, Board of Governors of the Federal Reserve System, 20th 
   and C Streets, NW, Washington, DC 20551, (202) 452-2620.
     Notification procedure:
       Inquiries should be sent to the Secretary of the Board, Board of 
   Governors of the Federal Reserve System, 20th Street and Constitution 
   Avenue, NW, Washington, DC 20551.
     Record access procedures: 
       Same as ``Notification procedure'' above.
     Contesting record procedures: 
       Same as ``Notification procedure'' above.
     Record source categories: 
       Information received by the Board from various sources, 
   including, inter alia, law enforcement and other agency personnel 
   involved in sending inquiries to the Board, documents received by the 
   Board in the course of executing the Board's supervisory 
   responsibilities, and reports and forms filed by individuals to whom 
   the records pertain. The information maintained by FinCEN is compiled 
   from SAR and related historical and updating forms compiled by 
   financial institutions, the Board, and the other Federal Financial 
   Regulatory Agencies for law enforcement purposes.
     System exempted from certain provisions of the act: 
       This system is exempt from 5 U.S.C. 552a (c)(3), (d)(1), (d)(2), 
   (d)(3), (d)(4), (e)(1), (e)(4)(G), (H), and (I), and (f) of the 
   Privacy Act pursuant to 5 U.S.C. 552a(k)(2).

    BGFRS-22

   System name: FRB-Chain Banking Reference System.

     System location: 
       Board of Governors of the Federal Reserve System Constitution 
   Ave. at 20th St., NW, Washington, DC 20551
     Categories of individuals covered by the system: 
       Principals who directly or indirectly, or acting through or in a 
   concert with one or more persons, control two or more banking 
   organizations or own or have the power to vote 25 percent or more of 
   the outstanding voting shares of two or more separate banking 
   organizations.
     Categories of records in the system: 
       Names of the principal(s) of each chain, the percentage ownership 
   each has, positions held by principal(s) in the institutions, the 
   bank and bank holding company names and reference numbers, and the 
   institutions' locations.
     Authority for maintenance of the system: 
       12 U.S.C. 248(a)(1) et seq.; 12 U.S.C. 1811 et seq.; and 12 
   U.S.C. 1841 et seq.; which together authorize the Board to examine, 
   supervise, and regulate all state chartered commercial banks that are 
   members of the Federal Reserve System and all bank holding companies.
     Routine uses of records maintained in the system, including 
   categories of users and the purposes of such uses: 
       Information in these records may be used:
       a. By Board and Reserve Banks' staff to identify any individual 
   who is a principal in two or more banks or bank holding companies; to 
   ensure in the merger and application process that all elements of a 
   chain banking organization are considered in assessing financial, 
   managerial and competitive factors and capital adequacy; to apply 
   Board supervisory guidelines and policies that are relevant to chain 
   banking organizations; to analyze problems within a chain 
   organization in an effort to avoid similar problems at related 
   banking institutions; to coordinate the scheduling of concurrent 
   examinations and inspections of related banking institutions; and to 
   ensure the identification of common practices among banking 
   institutions.
       b. To respond to Congressional inquiries, referrals of 
   constituent questions and comments, and to official inquiries by the 
   General Accounting Office.
       c. To refer where there is an indication of a violation of law, 
   whether civil, criminal or regulatory in nature, to the appropriate 
   federal, state or local agency charged with the responsibility of 
   investigating or prosecuting such violations or with enforcing or 
   implementing a statute, rule, regulation or order issued pursuant 
   thereto.
       d. To respond to a court order.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system: 
     Storage: 
       Paper records and word processing discs would be stored in locked 
   metal cabinets; computerized records would be maintained in 
   electronic data processing systems.
     Retrievability: 
       Computer output, file folders, and card files would be 
   retrievable by indexes of data fields, including name of a subject 
   individual, bank or bank holding company name or number, Federal 
   Reserve Bank district location, and perhaps control form numbers.
     Safeguards: 
       Paper records and word processing discs would be stored in locked 
   metal cabinets. Computer-stored information would be protected by 
   appropriate coding and other security measures. Only a limited number 
   of authorized Board and Reserve Banks' staff who have a legitimate 
   need for the information will be able to gain access to these 
   records.
     Retention and disposal: 
       Records would be maintained indefinitely.
     System manager(s) and address: 
       James I. Garner, Assistant Director, Division of Banking 
   Supervision and Regulation, Board of Governors of the Federal System, 
   Contitution Ave., at 20th St., NW, Washington, DC 20551, (202) 452-
   2704.
     Notification procedure: 
       A person requesting notice as to whether this system of records 
   contains information pertaining to him or her should write to the 
   Division of Banking Supervision and Regulation, at the address below, 
   enclosing his or her full name, current address, and a notarized 
   statement attesting to the individual's identity. Simultaneously with 
   requesting notification of inclusion in the system of records, the 
   individual may request record access as described in the following 
   section on ``Record Access Procedures''.
       James I. Garner, Assistant Director, Division of Banking 
   Supervision and Regulation, Board of Governors of the Federal Reserve 
   System, Consitution Ave., at 20th St., NW, Washington, DC 20551, 
   (202) 452-2704.
     Record access procedures: 
       Individuals who, through notification procedures set out above, 
   have established that the system of records contains information 
   pertaining to them, may request access to these records by writing to 
   the Division of Banking Supervision and Regulation at the address 
   given above; and the Board will thereafter notify the individual as 
   to the time and place for access to the records.
     Contesting record procedures: 
       Individuals who seek to contest or to correct records in this 
   system of records should: Contact the Division of Banking Supervision 
   and Regulation at the address given above; reasonably identify the 
   records; specify the information sought to be contested or corrected, 
   the rationale for such challenge or correction, and the information 
   requested to be substituted.
     Record source categories: 
       The information would be generated substantially from existing 
   sources, including acquisition, merger and other applications, change 
   of control notices, examination and inspection reports, and the 
   annual F.R. Y-6 reports.
     Systems exempted from certain provisions of the act: 
       None.

   BGFRS-23

   System name: 

       Freedom of Information Act/Privacy Act (FOIA/PA) Case Tracking 
   and Reporting System.
     Security classification: 
       None.
     System location: 
       Freedom of Information Office, Board of Governors of the Federal 
   Reserve System (Board), 20th Street & Constitution Avenue, NW, 
   Washington, DC 20551.
     Categories of individuals covered by the system: 
       Individuals who have submitted requests and individuals whose 
   records are requested by others under the provisions of the Freedom 
   of Information Act (FOIA) and/or the Privacy Act (PA).
     Categories of records in the system: 
       A computer data base that includes: The log number assigned to 
   the request, the name and address of a requester, the date of the 
   request, the date a response is due, the date of the determination 
   letter, the date responsive documents were mailed to requester, a 
   brief description of the information requested, the names of Board 
   staff to whom the request was assigned for processing, fee data, and 
   other information used for tracking and to compile the FOIA Annual 
   Report and Biennial Privacy Act Report to Congress and other ad hoc 
   reports.
     Authority for maintenance of the system: 
       5 U.S.C. 552 and 552a; 12 CFR parts 261 and 261a.
   Purpose(s): 
       To assist the Board in carrying out its responsibilities under 
   the Freedom of Information Act and Privacy Act.
     Routine uses of records maintained in the system, including 
   categories of users and the purposes of such uses: 
       (1) Information may be provided to another Federal agency, which 
   furnished information responsive to a request, for the purpose of 
   making a decision regarding access or amendment to the responsive 
   information.
       (2) Information may be released to the news media and the public, 
   unless it is determined that release of specific information in the 
   context of a particular case would constitute an unwarranted invasion 
   of personal privacy.
       (3) Information may be released to a Member of Congress or 
   congressional staff as is necessary to appropriately respond to 
   congressional inquiries on behalf of constituents.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system: 
     Storage: 
       Records are stored on computer disks.
     Retrievability: 
       Retrieved by name of requester, by log number assigned to the 
   request, by the subject matter of the request, or any other field of 
   information that is collected.
     Safeguards: 
       Access to records is limited to Board personnel who have need for 
   the records to perform their duties.
     Retention and disposal: 
       Records are retained indefinitely.
     System manager(s) and address: 
       Manager, Freedom of Information Office, Mail Stop 132, Board of 
   Governors of the Federal Reserve System, 20th Street & Constitution 
   Avenue, NW., Washington, DC 20551.
     Notification procedure: 
       Inquiries should be sent to the Secretary of the Board, Board of 
   Governors of the Federal Reserve System, 20th Street and Constitution 
   Avenue, NW., Washington, DC 20551.
     Record access procedures: 
       Same as ``Notification procedure'' above.
     Contesting record procedures: 
       Same as ``Notification procedure'' above.
     Record source categories: 
       The sources of information contained in this system are the 
   individuals making requests, other agencies referring requests for 
   access to or correction of records originating at the Board, and 
   Board employees engaged in processing or making determinations on the 
   requests.
     Exemptions claimed for the system:
       None.

   BGFRS-24

   System name: 

       EEO General Files.
     Security classification: 
       None.
     System location: 
       EEO Programs Office, Board of Governors of the Federal Reserve 
   System, 20th and Constitution, NW, Washington, DC 20551.
     Categories of individuals covered by the system: 
       Current and former employees of the Board.
     Categories of records in the system: 
       Self-identification reports of current and former employees 
   regarding race, national origin, sex and disability; identification 
   by Board staff regarding the race, national origin, sex and 
   disability of those employees who refuse to voluntarily provide the 
   information.
     Authority for maintenance of the system: 
       Rehabilitation Act of 1973, 29 U.S.C. 791; Title VII of the Civil 
   Rights Act, 42 U.S.C. 2000e et seq; Age Discrimination in Employment 
   Act, 29 U.S.C. 621 et seq; Equal Pay Act, 29 U.S.C. 206; and section 
   11 of the Federal Reserve Act, 12 U.S.C. 248(i) and 248(l).
   Purpose(s):
       To assist the Board in carrying out its responsibilities under 
   the Rehabilitation Act of 1973, Title VII of the Civil Rights Act, 
   and other nondiscrimination statutes.
     Routine uses of records maintained in the system, including 
   categories of uses and the purposes of such uses: 
       The information in the records may be used:
       a. As a data source for production of summary descriptive 
   statistics and analytical studies in support of the function for 
   which the records are collected and maintained, or for related 
   personnel management functions or manpower studies.
       b. To respond to general requests for statistical information 
   (without personal identification of individuals) under the Freedom of 
   Information Act.
       c. To inform appropriate Board employees regarding any need for 
   assistance by a disabled individual in the event an evacuation is 
   necessary.
       d. To provide information to a federal agency, in response to its 
   request, in connection with the hiring or retention of an employee, 
   the letting of a contract, or issuance of a license, grant, or other 
   benefit by the requesting agency to the extent that the information 
   is relevant and necessary to the requesting agency's decision on that 
   matter.
       e. To provide statistical information to Congress.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system: 
     Storage: 
       These records are maintained in file folders and in electronic 
   form.
     Retrievability: 
       These records are indexed by the names of the individuals on whom 
   they are maintained.
     Safeguards: 
       Access to and the use of these records is limited to those 
   persons whose official duties require such access. Personnel 
   screening is employed to prevent unauthorized access. Electronic 
   files are protected by passwords.
     Retention and disposal: 
       The records are maintained indefinitely.
     System manager(s) and address: 
       EEO Programs Director, Board of Governors of the Federal Reserve 
   System, 20th and Constitution, NW, Washington, DC 20551.
     Notification procedure: 
       Inquiries should be sent to the Secretary of the Board, Board of 
   Governors of the Federal Reserve System, 20th Street and Constitution 
   Avenue, NW, Washington, DC 20551.
     Record access procedures: 
       Same as ``Notification procedure'' above.
     Contesting record procedures: 
       Same as ``Notification procedure'' above.
     Record source categories: 
       Individual to whom the record pertains; employees responsible for 
   administering the Board's EEO program.
     System exempted from certain provisions of the act: 
       None.

   BGFRS/OIG-1

   System name: 

       OIG Investigative Records.
     System location: 
       Office of Inspector General, Board of Governors of the Federal 
   Reserve System, Suite 3000, 1790 New York Avenue, NW., Washington, DC 
   20006.
     Categories of individuals covered by the system: 
       Individuals covered consist of:
       (1) Officers or employees of the Board or other persons involved 
   in the Board's programs or operations who are or have been under 
   investigation by the Board's Office of Inspector General in order to 
   determine whether such officers, employees or other persons have been 
   or are engaging in fraud and abuse with respect to the Board's 
   programs or operations; and
       (2) Complainants and witnesses where necessary for future 
   retrieval.
     Categories of records in the system: 
       The system contains files on individual investigations including 
   investigative reports and related documents generated during the 
   course of or subsequent to an investigation. It includes electronic 
   and hard copy case tracking systems, databases containing 
   investigatory information, ``Hotline'' telephone logs, and 
   investigator workpapers and memoranda and letter referrals to 
   management or others.
     Authority for maintenance of the system: 
       5 U.S.C. App. 4(a)(1) and 6(a)(2).
   Purpose(s): 
       These records are collected, maintained and used by the OIG in 
   its inquiries and investigations and reports relating to the 
   administration of the Board's programs and operations and to manage 
   the investigatory program.
     Routine uses of records maintained in the system, including 
   categories of users and purposes of such uses: 
       Under normal circumstances, no individually identifiable records 
   will be provided. However, under those unusual circumstances when 
   release of information contained in an individually identifiable 
   record is required, proper safeguards will be maintained to protect 
   the information collected from unwarranted invasion of personal 
   privacy. Subject to this general limitation, the routine uses are as 
   follows:
       1. In the event the information in the system of records 
   indicates a violation or potential violation of a criminal or civil 
   law, rule, or regulation, the relevant records may be disclosed to 
   the appropriate federal, state, or local agency or authority 
   responsible for investigating or prosecuting such a violation or for 
   enforcing or implementing a statute, rule, or regulation.
       2. The information in the system of records may be disclosed to a 
   court, magistrate, or administrative tribunal in the course of 
   presenting evidence, including disclosures to counsel or witnesses in 
   the course of civil discovery, litigation, or settlement negotiations 
   or in connection with criminal proceedings.
       3. The information may be disclosed to a congressional office in 
   response to an inquiry made by that office at the request of the 
   individual who is the subject of the records.
       4. The information may be disclosed to any source, including a 
   federal, state, or local agency maintaining civil, criminal, or other 
   relevant enforcement information or other pertinent information, but 
   only to the extent necessary for the OIG to obtain information 
   relevant to an OIG investigation.
       5. The information maybe disclosed in order to respond to a 
   federal agency's request made in connection with the hiring or 
   retention of an individual, the issuance of a security clearance, the 
   reporting of an investigation of an individual, the letting of a 
   contract or issuance of a grant, license, or other benefit by the 
   requesting agency, but only to the extent that the information 
   disclosed is necessary and relevant to the requesting agency's 
   decision on the matter.
       6. The information may be disclosed to other federal entities, 
   such as other federal Offices of Inspector General or the General 
   Accounting Office, or to a private party with which the OIG or the 
   Board has contracted for the purpose of auditing or reviewing the 
   performance or internal management of the OIG's investigatory 
   program, provided the record will not be transferred in a form that 
   is individually identifiable, and provided further that the entity 
   acknowledges in writing that it is required to maintain Privacy Act 
   safeguards for the information.
       In addition to the foregoing routine uses, a record which is 
   contained in this system and derived from another Board system of 
   records may be disclosed as a routine use as specified in the Federal 
   Register notice of the system of records from which the records 
   derived.
     Policies and practices for storing, retrieving, accessing, 
   retaining and disposing of records in the system: 
     Storage: 
       These records are maintained in file folders, computer disks, 
   electronic media, and reports on each investigation.
     Retrievability: 
       Records are generally indexed by name of person under 
   investigation, investigation number, referral number, or 
   investigative subject matter.
     Safeguards: 
       File folders are maintained in lockable metal file cabinets 
   stored in offices that are locked when not in use. Computer disks and 
   electronic media are locked in the lockable metal file cabinets with 
   their related file folders, and information not so lockable is kept 
   in individual offices in locked or passworded computer hardware. 
   Access to the information in the cabinets and individual offices is 
   permitted only by and to specifically authorized personnel.
     Retention and disposal: 
       Records in file folders are retained as long as needed and then 
   destroyed by shredding. Computer disks are cleared, retired, or 
   destroyed when no longer useful. Entries on electronic media are 
   deleted or erased when no longer needed.
     System manager(s) and address: 
       Brent L Bowen, Inspector General, Mail Stop 300, Board of 
   Governors of the Federal Reserve System, Washington, DC 20551. Office 
   location is Suite 3000, 1790 New York Avenue, NW., Washington, DC 
   20006.
     Notification procedure: 
       A person requesting notice as to whether this system of records 
   contains information pertaining to him or her should write to the 
   Office of Inspector General, Mail Stop 300, Board of Governors of the 
   Federal Reserve System, Washington, DC 20551. Individuals requesting 
   their own records must provide their name and address and a notarized 
   statement attesting to the individual's identity. Requests submitted 
   on behalf of other persons must include their written, notarized 
   authorization. Such requests in the form prescribed may also be 
   presented in person at the Office of the Inspector General, Suite 
   1070, 1850 K Street, NW., Washington, DC 20006. Simultaneously with 
   requesting notification of inclusion in this system of records, the 
   individual may request record access as described in the following 
   section on ``Record access procedures.''
     Record access procedures: 
       Specific materials in this system have been exempted from Privacy 
   Act provisions at 5 U.S.C. 552a(d), regarding access to records. The 
   section of this notice titled ``Exemptions claimed for the system'' 
   indicates the kinds of material exempted and the reasons for 
   exempting them from access. Individuals wishing to request access to 
   non-exempt records should follow the procedures described in the 
   ``Notification procedure'' section. Requests submitted on behalf of 
   other persons must include their written, notarized authorization. If 
   access to such information by a subject individual is deemed 
   consistent with the purposes for which this system of records has 
   been established, then the individual will be notified by the OIG as 
   to the time and place for access to the records. The OIG will also 
   notify individuals when access is denied.
     Contesting record procedure:
       Individuals requesting amendment or contesting records in this 
   system of records should contact the OIG at the address given above, 
   reasonably identify the records, specify the information being 
   contested, the rationale for the challenge, and supply the 
   information requested to be substituted. Such individuals must also 
   comply with the Board's Privacy Act regulations on ``Request for 
   correction or amendment of record'' (12 CFR 261a.7).
     Record source categories: 
       The OIG collects information from many sources including the 
   subject individuals, employees of the Board and the Federal Reserve 
   System, other government employees, witnesses and informants, and 
   nongovernmental sources.
     Exemptions claimed for the system:
       Pursuant to 5 U.S.C. 552a(k)(2), this system of records is 
   exempted from 5 U.S.C. 552a(c)(3), (d)(1), (d)(2), (e)(1), (e)(4)(G), 
   (H), and (I), and (f) to the extent the system of records consists of 
   investigatory material compiled for law enforcement purposes. 
   Pursuant to 5 U.S.C. (k)(5), this system of records is exempted from 
   5 U.S.C. 552a(d)(1) to the extent that it consists of investigatory 
   material compiled for the purpose of determining suitability, 
   eligibility, or qualifications for federal civilian employment or 
   federal contracts, the release of which would reveal the identity of 
   a source who furnished confidential information to the Government 
   under an express promise that the identity of the source would be 
   held in confidence. Pursuant to 5 U.S.C. 552a(j)(2), this system of 
   records is exempted from 5 U.S.C. 552a(c)(3), (d)(1), (d)(2), (e)(1), 
   (e)(2), and (e)(3) to the extent that it consists of information 
   compiled for the purpose of criminal investigations.

   BGFRS/OIG-2

   System name: 

       OIG Personnel Records.
     System location: 
       Office of Inspector General, Board of Governors of the Federal 
   Reserve System, Suite 3000, 1709 New York Avenue, NW., Washington, DC 
   20006.
     Categories of individuals covered by the system: 
       The system contains personal and financial information, in 
   varying amounts, on former, current, and prospective employees of the 
   Board's OIG.
     Categories of records in the system: 
       These records may contain information relating to the education, 
   training, employment history and earnings; appraisal of past 
   performance; convictions for offenses against the law; results of 
   tests, appraisals of potential, honors, awards of fellowships; 
   military service or veteran status; school transcripts; work samples; 
   birth date; social security number; travel vouchers; offer letters 
   and correspondence, reference checks; and home address of past, 
   present and prospective employees of the OIG. Includes allocations of 
   time spent on various OIG projects and tasks (OIG Time Entry System) 
   and related documents and reports generated by the Time Entry System.
     Authority for maintenance of the system: 
       5 U.S.C. App. 8E(g)(2); 12 U.S.C. 248(l).
   Purpose(s): 
       The information in these records is used for making hiring, 
   retention, promotion, and performance evaluation decisions.
     Routine uses of records maintained in the system, including 
   categories of users and purposes of such uses: 
       Under normal circumstances, no individually identifiable records 
   will be provided. However, under those unusual circumstances when 
   release of information contained in an individually identifiable 
   record is required, proper safeguards will be maintained to protect 
   the information collected from unwarranted invasion of personal 
   privacy. Subject to this general limitation, the routine uses are as 
   follows:
       1. The information may be disclosed to assist in determining the 
   suitability for access to classified information.
       2. The information may be disclosed to designated officers and 
   employees of agencies and departments of the federal government, and 
   the District of Columbia government, having an interest in the 
   individual for employment purposes, in connection with performance of 
   a service to the federal government, under a contract or other 
   agreement, including a security clearance or access determination, 
   and a need to evaluate qualifications, suitability, and loyalty to 
   the United States government.
       3. The information may be disclosed to the intelligence agencies 
   of the Department of Defense, National Security Agency, Central 
   Intelligence Agency, and the Federal Bureau of Investigation for use 
   in intelligence activities.
       4. The information may be disclosed to any source from which 
   information is requested by the Board in the course of an 
   investigation, to the extent necessary to identify the individual, 
   inform the source of the nature and purpose of the investigation and 
   to identify the type of information requested.
       5. In the event the information in the system of records 
   indicates a violation or potential violation of a criminal or civil 
   law, rule, or regulation, the relevant records may be disclosed to 
   the appropriate federal, state, or local agency or authority 
   responsible for investigating or prosecuting such a violation or for 
   enforcing or implementing a statute, rule, regulation.
       6. The information may be disclosed as a data source for 
   management information for production of descriptive statistics and 
   analytical studies in support of the function for which the records 
   are collected and maintained, or for related personnel management 
   functions or manpower studies; and they may also be utilized to 
   respond to general requests for statistical information (without 
   personal identification of individuals) under the Freedom of 
   Information Act or to locate specific individuals for personnel 
   research or other personnel management functions.
       7. The information may be disclosed to respond to a court order.
       8. The information may be disclosed to a congressional office in 
   response to an inquiry made by the office at the request of the 
   individual who is the subject of the records.
       9. The information may be disclosed to other federal entities, 
   such as other federal Offices of Inspector General or the General 
   Accounting Office, or to a private party with which the OIG or the 
   Board has contracted for the purpose of auditing or reviewing the 
   performance or internal management of the OIG, provided the record 
   will not be transferred in a form that is individually identifiable, 
   and provided further that the entity acknowledges in writing that it 
   is required to maintain Privacy Act safeguards for the information.
       In addition to the foregoing, a record which is contained in this 
   system and derived from another Board system of records may be 
   disclosed as a routine use as specified in the Federal Register 
   notice of the system of records from which the records derived.
     Policies and practices for storing, retrieving, accessing, 
   retaining and disposing of records in the system: 
     Storage: 
       The information is stored as written and printed information 
   contained in file folders and on computer disks, electronic media in 
   the form of individual reports or in electronic databases.
     Retrievability: 
       The information is indexed by name but can be retrieved by a 
   variety of personal identification means including by social security 
   number, employee number, and room number. It can also be retrieved by 
   project or assignment codes.
     Safeguards: 
       File folders are maintained in lockable metal file cabinets 
   stored in offices that are locked when not in use. Computer disks and 
   electronic media are locked in the lockable metal file cabinets with 
   their related file folders, and information not so lockable is kept 
   in locked or passworded computer hardware. Access to the information 
   in the cabinets and individual offices is permitted only by and to 
   specifically authorized personnel.
     Retention and disposal: 
       Records in file folders are retained as long as needed and then 
   destroyed by shredding. Computer disks are cleared, retired, or 
   destroyed when no longer useful. Entries on electronic media are 
   deleted or erased when no longer needed.
     System manager(s) and address: 
       Brent L Bowen, Inspector General, Mail Stop 300, Board of 
   Governors of the Federal Reserve System, Washington, DC 20551. Office 
   location is Suite 3000, 1709 New York Avenue NW., Washington, DC 
   20006.
     Notification procedure: 
       A person requesting notice as to whether this system of records 
   contains information pertaining to him or her should write to the 
   Office of Inspector General, Mail Stop 300, Board of Governors of the 
   Federal Reserve System, Washington, DC 20551. Individuals requesting 
   their own records must provide their name and address and a notarized 
   statement attesting to the individual's identity. Requests submitted 
   on behalf of other persons must include their written, notarized 
   authorization. Such requests in the form prescribed may also be 
   presented in person at the Office of the Inspector General, Suite 
   1070, 1850 K Street, NW., Washington, DC 20006. Simultaneously with 
   requesting notification of inclusion in this system of records, the 
   individual may request record access as described in the following 
   section on ``Record access procedures''.
     Record access procedures: 
       Specific materials in this system have been exempted from Privacy 
   Act provisions at 5 U.S.C. 552a(d), regarding access to records. The 
   section of this notice titled ``Exemptions claimed for the system'' 
   indicates the kinds of material exempted and the reasons for 
   exempting them from access. Individuals wishing to request access to 
   non-exempt records should follow the procedures described in the 
   ``Notification procedure'' section. Requests submitted on behalf of 
   other persons must include their written, notarized authorization. If 
   access to such information by a subject individual is deemed 
   consistent with the purposes for which this system of records has 
   been established, then the individual will be notified by the OIG as 
   to the time and place for access to the records. The OIG will also 
   notify individuals when access is denied.
     Contesting record procedure:
       Individuals requesting amendment of contesting records in this 
   system or records should contact the Office of Inspector General at 
   the address given above, reasonably identify the records, specify the 
   information being contested, the rationale for the challenge, and 
   supply the information requested to be substituted. Such individuals 
   must also comply with the Board's Privacy Act regulations on 
   ``Request for correction or amendment of record'' (12 CFR 261a.7).
     Record source categories: 
       Subject individuals, employees of the Board and the Federal 
   Reserve System, other government employees, and witnesses and 
   informants.
     Exemptions claimed for the system:
       Pursuant to 5 U.S.C. (k)(5), this system of records is exempted 
   from 5 U.S.C. 552a(d)(1) to the extent that it consists of 
   investigatory material compiled for the purpose of determining 
   suitability, eligibility, or qualifications for federal civilian 
   employment or federal contracts, the release of which would reveal 
   the identity of a source who furnished confidential information to 
   the Government under an express promise that the identity of the 
   source would be held in confidence.

   BGFRS/SS-1

   System name: 

       Telephone Call Detail Records.
     Security classification: 
       None.
     System location: 
       Division of Support Services, Board of Governors of the Federal 
   Reserve System, 20th Street & Constitution Avenue, NW., Washington, 
   DC 20551.
     Categories of individuals covered by the system: 
       Board employees, consultants and contractors who have been 
   assigned a telephone number by the Board.
     Categories of records in the system: 
       Records relating to use of Board telephones to place local and 
   long distance calls; records indicating assignment of telephone 
   numbers to individuals covered by the system; and records relating to 
   location of telephones.
     Authority for maintenance of the system: 
       Sections 10 and 11 of the Federal Reserve Act, 12 U.S.C. 243 and 
   248(l).
   Purpose(s): 
       To detect and prevent unauthorized usage of the Board's 
   telephones.
     Routine uses of records maintained in the system, including 
   categories of users and the purposes of such uses: 
       Information in the system may be disclosed, as is necessary:
       (1) To a congressional office in response to an inquiry made at 
   the request of the individual to whom the record pertains.
       (2) To representatives of the National Archives and Records 
   Administration who are conducting records management inspections.
       (3) To a court, magistrate, or administrative tribunal in the 
   course of presenting evidence, including disclosures to counsel or 
   witnesses in the course of civil discovery, litigation, or settlement 
   negotiations or in connection with criminal proceedings.
       (4) To the appropriate federal, state, or local agency or 
   authority responsible for investigating or prosecuting a violation of 
   or for enforcing or implementing a statute, rule, regulation, or 
   order, when the information indicates a violation or potential 
   violation of law, whether civil, criminal, or regulatory in nature, 
   and whether arising by general statute, or by particular program 
   statute, or by regulation, rule, or order issued pursuant thereto.
       (5) To current or former Board employees and other individuals 
   currently or formerly provided telephone services by the Board to 
   determine their individual responsibility for telephone calls.
       (6) To respond to a federal agency's request made in connection 
   with the hiring or retention of an employee, the letting of a 
   contract or issuance of a grant, license, or other benefit by the 
   requesting agency, but only to the extent that the information 
   disclosed is relevant and necessary to the requesting agency's 
   decision on the matter.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system: 
     Storage: 
       Electronic information is stored on disk and placed in a fire-
   proof safe.
     Retrievability: 
       Retrieved by name of individual or telephone number or by 
   number(s) dialed.
     Safeguards: 
       Access control mechanisms restrict access to authorized 
   personnel. Passwords restrict access to sensitive information based 
   upon level of authorization. Audit trails provide an additional level 
   of security. The file used to set passwords is encrypted and may only 
   be accessed by those with the highest level of authorization.
     Retention and disposal: 
       Backup is done monthly on disk, which are retained for three 
   years. After three years the information on the disks is deleted and 
   the disk re-used for backup. Disks that are no longer usable are 
   destroyed.
     System manager(s) and address: 
       Director, Division of Support Services, Board of Governors of the 
   Federal Reserve System, 20th Street & Constitution Avenue NW., 
   Washington, DC 20551.
     Notification procedure: 
       Inquiries should be sent to the Secretary of the Board, Board of 
   Governors of the Federal Reserve System, 20th Street & Constitution 
   Avenue NW., Washington, DC 20551. The request must contain the 
   individual's name and the telephone number assigned to the individual 
   by the Board.
     Record access procedures: 
       Same as ``Notification procedure'' above.
     Contesting record procedures: 
       Same as ``Notification procedure'' above.
     Record source categories: 
       Telephone assignment records; call detail listings; results of 
   administrative inquiries relating to assignment of responsibility for 
   placement of specific long distance and local calls.
     Exemptions claimed for the system:
       None.

   BGFRS/SS-2

   System name: 

       Staff Identification Card File.
     Security classification: 
       None.
     System location: 
       Division of Support Services, Board of Governors of the Federal 
   Reserve System, 20th Street & Constitution Avenue NW., Washington, DC 
   20551.
     Categories of individuals covered by the system: 
       Board employees, consultants and contractors who have been issued 
   a Board identification card.
     Categories of records in the system: 
       The system consists of a data base that contains an image of a 
   picture of the employee; the employee's name and employee number; and 
   authorization (if applicable) to use the exercise facilities, 
   computer room, Central Stock Room (CSR) or National Security 
   Information Processing Center (NSIPC). The data base records the 
   times of attempted and authorized access to and egress from the 
   Board's buildings using the identification card, use of the exercise 
   facilities, computer room, CSR and NSIPC. Records from the data base 
   may also be maintained in hard copy form.
     Authority for maintenance of the system: 
       Sections 10 and 11 of the Federal Reserve Act, 12 U.S.C. 243 and 
   248(l).
   Purpose(s): 
       To maintain security of the Board's premises against unauthorized 
   entry; to record entry to Board premises as well as entry into 
   secured areas by authorized personnel; to record departure from 
   secured areas after regular business hours; to control access to 
   certain areas within Board premises.
     Routine uses of records maintained in the system, including 
   categories of users and the purposes of such uses:  To provide 
   information to:
       (1) A Congressional office in response to an inquiry made at the 
   request of the individual to whom the record pertains.
       (2) Representatives of the National Archives and Records 
   Administration who are conducting records management inspections.
       (3) A court, magistrate, or administrative tribunal in the course 
   of presenting evidence, including disclosures to counsel or witnesses 
   in the course of civil discovery, litigation, or settlement 
   negotiations or in connection with criminal proceedings.
       (4) Board security staff for security purposes, or to determine 
   whether an individual had entered the Board on a particular day or 
   had exited the Board after regular business hours.
       (5) The system manager to determine compliance with the Board's 
   rules regarding car pools and parking permits for the Board's 
   garages.
       (6) The Board's Health Unit to determine usage of the exercise 
   facility for purposes of safety, program planning and space 
   allocation.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system: 
     Storage: 
       Electronic information is stored on disk or on tape. Hard copy 
   records are secured in a fire proof safe.
     Retrievability: 
       Information is retrieved by name of individual issued the 
   identification card, employee number, or card credential number.
     Safeguards: 
       Security passwords restrict access to authorized personnel. 
   Different levels of access are provided based upon the authorization. 
   The file used to set the passwords is encrypted and may only be 
   accessed by those with the highest level of authorization.
     Retention and disposal: 
       Backup of log files is done daily. Tape and/or disk backup are 
   done monthly and maintained for a period of two years.
     System manager(s) and address: 
       Director, Division of Support Services, Board of Governors of the 
   Federal Reserve System, 20th Street & Constitution Avenue, NW., 
   Washington, DC 20551.
     Notification procedure: 
       Inquiries should be sent to the Secretary of the Board, Board of 
   Governors of the Federal Reserve System, 20th and Constitution 
   Avenue, NW., Washington, DC 20551.
     Record access procedures: 
       Same as ``Notification procedure'' above.
     Contesting record procedures: 
       Same as ``Notification procedure'' above.
     Record source categories: 
       Personnel information is obtained from the Board's personnel 
   records and/or from the individual being issued the identification 
   card. Information regarding entry into and egress from Board premises 
   or secured areas is obtained from use of the card to open the doors. 
   Authorization for access to secured facilities on Board premises is 
   provided by the Board official responsible for that secured facility.
     Exemptions claimed for the system:
       None.

   BGFRS/SS-3

   System name: 

       Staff Parking Permit File.
     Security classification: 
       None.
     System location: 
       Division of Support Services, Board of Governors of the Federal 
   Reserve System, 20th Street & Constitution Avenue, NW., Washington, 
   DC 20551.
     Categories of individuals covered by the system: 
       Board employees, consultants and contractors who have applied for 
   and/or been issued a parking permit for the Board's garages.
     Categories of records in the system: 
       The system contains completed parking application forms (FR 
   1103), disability parking applications, and contingency parking 
   requests submitted by employees; unusual-work-demand permit, and 
   special contingency parking authorizations submitted by division 
   directors; requests for parking for official visitors and 
   contractors; notifications of lost permits; a listing of permit 
   numbers assigned to car pools, van pools and individual employees; 
   investigations made of compliance with the Board's Parking 
   Regulations; and official actions taken as a result of violation of 
   the Board's Parking Regulations.
     Authority for maintenance of the system: 
       Sections 10 and 11 of the Federal Reserve Act, 12 U.S.C. 243 and 
   248(l).
   Purpose(s): 
       To allocate usage of the limited number of parking spaces in the 
   Board's garages among Board staff, visitors and contractors; to 
   enforce the Board's Parking Regulations for safe usage of the 
   garages.
     Routine uses of records maintained in the system, including 
   categories of users and the purposes of such uses: 
       (1) To provide information to a Congressional office in response 
   to an inquiry made at the request of the individual to whom the 
   record pertains.
       (2) To investigate possible violations of the Board's Parking 
   Regulations.
       (3) To determine eligibility for a parking permit.
       (4) To determine eligibility for a public transit subsidy 
   payment.
     Policies and practices for storing, retrieving, accessing, 
   retaining, and disposing of records in the system: 
     Storage: 
       Electronic information is stored on tape and secured in a fire-
   proof safe. Hard copies are stored in a locked file cabinet.
     Retrievability: 
       Information is retrieved by name of individual, employee 
   identification number, or license tag number.
     Safeguards: 
       Access control mechanisms restrict access to authorized 
   personnel. Passwords restrict access to sensitive information based 
   upon level of authorization. The file used to set passwords is 
   encrypted.
     Retention and disposal: 
       Retention of personnel data is maintained until separation from 
   the Board. Backup of files is done daily. Backup tapes and disks are 
   destroyed when no longer needed. Hard copy files are shredded when no 
   longer needed.
     System manager(s) and address: 
       Director, Division of Support Services, Board of Governors of the 
   Federal Reserve System, 20th Street & Constitution Avenue, NW., 
   Washington, DC 20551.
     Notification procedure: 
       Inquiries should be sent to the Secretary of the Board, Board of 
   Governors of the Federal Reserve System, 20th Street & Constitution 
   Avenue, NW., Washington, DC 20551.
     Record access procedures: 
       Same as ``Notification procedure'' above.
     Contesting record procedures: 
       Same as ``Notification procedure'' above.
     Record source categories: 
       Information is obtained from the parking permit applications, 
   authorizations and requests; and from written investigations of 
   possible violations of the Board's Parking Regulations.
     Exemptions claimed for the system:
       None.

   FEDERAL RESERVE SYSTEM

FEDERAL RESERVE SYSTEM

12 CFR PART 261a--RULES REGARDING ACCESS TO PERSONAL INFORMATION UNDER 
THE PRIVACY ACT OF 1974

Subpart A--General Provisions

Sec.
261a.1  Authority, purpose and scope.
261a.2  Definitions.
261a.3  Custodian of records; delegations of authority.
261a.4  Fees.

Subpart B--Procedures for Requests by Individual to Whom Record Pertains

261a.5  Request for access to record.
261a.6  Board procedures for responding to request for access.
261a.7  Special procedures for medical records.
261a.8  Request for amendment to record.
261a.9  Agency review of request for amendment of record.
261a.10  Appeal of adverse determination of request for access or 
    amendment.

Subpart C--Disclosure to Person Other than Individual to Whom Record 
Pertains

261a.11  Restrictions on disclosure.
261a.12  Exceptions.

Subpart D--Exempt Records

Sec.
261a.13  Exemptions.

  Authority: 5 U.S.C. 552a.

  Source: 60 FR 3341, Jan. 17, 1995, unless otherwise noted.

Subpart A--General Provisions

   Sec. 261a.1  Authority, purpose and scope.

  (a) Authority. This part is issued by the Board of Governors of the 
Federal Reserve System (the Board) pursuant to the Privacy Act of 1974 
(5 U.S.C. 552a).
  (b) Purpose. The purpose of this part is to implement the provisions 
of the Privacy Act of 1974 (5 U.S.C. 552a) with regard to the 
maintenance, protection, disclosure, and amendment of records contained 
within systems of records maintained by the Board.
  (c) Scope. This part covers requests for access to, or amendment of, 
records concerning individuals that are contained in systems of records 
maintained by the Board.

   Sec. 261a.2  Definitions.

  For the purposes of this part, the following definitions apply:
  (a) Business day means any day except Saturday, Sunday or a legal 
Federal holiday.
  (b) Designated system of records means a system of records maintained 
by the Board that has been listed in the Federal Register pursuant to 
the requirements of 5 U.S.C. 552a(e).
  (c) Guardian means the parent of a minor, or the legal guardian of any 
individual who has been declared to be incompetent due to physical or 
mental incapacity or age by a court of competent jurisdiction.
  (d) Individual means a natural person who is either a citizen of the 
United States or an alien lawfully admitted for permanent residence.
  (e) Maintain includes maintain, collect, use, disseminate, or control.
  (f) Record means any item, collection, or grouping of information 
about an individual maintained by the Board that contains the 
individual's name, or the identifying number, symbol, or other 
identifying particular assigned to the individual, such as a 
fingerprint, voice print, or photograph.
  (g) Routine use means, with respect to disclosure of a record, the use 
of such record for a purpose that is compatible with the purpose for 
which it was collected or created.
  (h) System of records means a group of any records under the control 
of the Board from which information is retrieved by the name of the 
individual or by some identifying number, symbol, or other identifying 
particular assigned to the individual.

   Sec. 261a.3  Custodian of records; delegations of authority.

  (a) Custodian of records. The Secretary of the Board is the official 
custodian of all records of the Board in the possession or control of 
the Board.
  (b) Delegated authority of Secretary. With regard to this regulation, 
the Secretary of the Board is delegated the authority to:
  (1) Respond to requests for access or amendment to records contained 
in a system of records, except for such requests regarding systems of 
records maintained by the Board's Office of the Inspector General (OIG);
  (2) Approve the publication of new systems of records and amend 
existing systems of records, except systems of records exempted pursuant 
to Secs. 261a.13(b), (c) and (d);
  (3) File the biennial reports required by the Privacy Act.
  (c) Delegated authority of designee. Any action or determination 
required or permitted by this part to be done by the Secretary of the 
Board may be done by an Associate Secretary or other responsible 
employee of the Board who has been duly designated for this purpose by 
the Secretary.
  (d) Delegated authority of Inspector General. With regard to systems 
of records maintained by the OIG, the Inspector General is delegated the 
authority to respond to requests for access or amendment.

   Sec. 261a.4  Fees.

  (a) Copies of records. Copies of records requested pursuant to 
Sec. 261a.5 of this part shall be provided at the same cost charged for 
duplication of records and/or production of computer output under the 
Board's Rules Regarding Availability of Information, Sec. 261.10 of this 
part.
  (b) No fee. Documents may be furnished without charge where total 
charges are less than $5.
  (c) Waiver of fees. In connection with any request by an employee, 
former employee, or applicant for employment, for records for use in 
prosecuting a grievance or complaint of discrimination against the 
Board, fees shall be waived where the total charges (including charges 
for information provided under the Freedom of Information Act) are $50 
or less; but the Secretary may waive fees in excess of that amount.

Subpart B--Procedures for Requests by Individual to Whom Record 
Pertains

   Sec. 261a.5  Request for access to record.

  (a) Procedures for making request. (1) Any individual (or guardian of 
an individual) other than a current Board employee desiring to learn of 
the existence of, or to gain access to, his or her record in a 
designated system of records shall submit a request in writing to the 
Secretary of the Board, Board of Governors of the Federal Reserve 
System, 20th and Constitution Avenue NW., Washington, DC 20551.
  (2) A request by a current Board employee for that employee's own 
personnel records may be made in person during regular business hours at 
the Division of Human Resources, Board of Governors of the Federal 
Reserve System, 20th and Constitution Avenue NW., Washington, DC 20551.
  (3) A request by a current Board employee for information other than 
personnel information may be made in person during regular business 
hours at the Freedom of Information Office, Board of Governors of the 
Federal Reserve System, 20th and Constitution Avenue NW., Washington, DC 
20551.
  (4) Requests for information contained in a system of records 
maintained by the Board's OIG shall be submitted in writing to the 
Inspector General, Board of Governors of the Federal Reserve System, 
20th and Constitution Avenue NW., Washington, DC 20551.
  (b) Contents of request. A request made pursuant to paragraph (a) of 
this section shall include the following:
  (1) A statement that it is made pursuant to the Privacy Act of 1974;
  (2) The name of the system of records expected to contain the record 
requested or a concise description of such system of records.
  (3) Necessary information to verify the identity of the requester 
pursuant to paragraph (c) of this section; and
  (4) Any other information that may assist in the rapid identification 
of the record for which access is being requested (e.g., maiden name, 
dates of employment, etc.).
  (c) Verification of identity. The Board shall require proof of 
identity from a requester and reserves the right to determine the 
adequacy of such proof. In general, the following shall be considered 
adequate proof of identity:
  (1) For a current Board employee, his or her Board identification 
card; or
  (2) For an individual other than a current Board employee, either:
  (i) Two forms of identification, one of which has a picture of the 
individual requesting access; or
  (ii) A notarized statement attesting to the identity of the requester.
  (d) Verification of identity not required. No verification of identity 
shall be required of individuals seeking access to records that are 
otherwise available to any person under 5 U.S.C. 552, Freedom of 
Information Act.
  (e) Request for accounting of previous disclosures. An individual 
making a request pursuant to paragraph (a) of this section may also 
include a request for an accounting (pursuant to 5 U.S.C. 552a(c)) of 
previous disclosures of records pertaining to such individual in a 
designated system of records.

   Sec. 261a.6  Board procedures for responding to request for access.

  (a) Compliance with Freedom of Information Act. Every request made 
pursuant to Sec. 261a.5 of this part shall also be handled by the Board 
as a request for information pursuant to the Freedom of Information Act 
(5 U.S.C. 552), except that the time limits set forth in paragraph (b) 
of this section and the fees specified in Sec. 261a.4 of this part shall 
apply to such requests.
  (b) Time limits. Every request made pursuant to Sec. 261a.5 of this 
part shall be acknowledged or, where practicable, substantially 
responded to within 10 business days from receipt of the request.
  (c) Disclosure. (1) Information to be disclosed pursuant to this part 
and the Privacy Act, except for information maintained by the Board's 
OIG, shall be made available for inspection and copying during regular 
business hours at the Board's Freedom of Information Office.
  (2) Information to be disclosed that is maintained by the Board's OIG 
shall be made available for inspection and copying at the OIG.
  (3) When the requested record cannot reasonably be put into a form for 
individual inspection (e.g., computer tapes), or when the requester asks 
that the information be forwarded, copies of such information shall be 
mailed to the requester.
  (4) Access to or copies of requested information shall be promptly 
provided after the acknowledgement as provided in paragraph (b) of this 
section, unless good cause for delay is communicated to the requester.
  (d) Other authorized presence. The requester of information may be 
accompanied in the inspection of that information by a person of the 
requester's own choosing upon the requester's submission of a written 
and signed statement authorizing the presence of such person.
  (e) Denial of request. A denial of a request made pursuant to 
Sec. 261a.5 of this part shall include a statement of the reason(s) for 
denial and the procedures for appealing the denial.

   Sec. 261a.7  Special procedures for medical records.

  Medical or psychological records requested pursuant to Sec. 261a.5 of 
this part shall be disclosed directly to the requester unless such 
disclosure could, in the judgment of the Privacy Officer, in 
consultation with the Board's physician, have an adverse effect upon the 
requester. Upon such determination, the information shall be transmitted 
to a licensed physician named by the requester, who will disclose those 
records to the requester in a manner the physician deems appropriate.

   Sec. 261a.8  Request for amendment of record.

  (a) Procedures for making request. (1) An individual desiring to amend 
a record in a designated system of records that pertains to him or her 
shall submit a request in writing to the Secretary of the Board (or to 
the Inspector General for records in a system of records maintained by 
the OIG) in an envelope clearly marked ``Privacy Act Amendment 
Request.''
  (2) Each request for amendment of a record shall:
  (i) Identify the system of records containing the record for which 
amendment is requested;
  (ii) Specify the portion of that record requested to be amended; and
  (iii) Describe the nature of and reasons for each requested amendment.
  (3) Each request for amendment of a record shall be subject to 
verification of identity under the procedures set forth in 
Sec. 261a.5(c) of this part, unless such verification has already been 
made in a related request for access or amendment.
  (b) Burden of proof. The request for amendment of a record shall set 
forth the reasons the individual believes the record is not accurate, 
relevant, timely, or complete. The burden of proof for demonstrating the 
appropriateness of the requested amendment rests with the requester, and 
the requester shall provide relevant and convincing evidence in support 
of the request.

   Sec. 261a.9  Board review of request for amendment of record.

  (a) Time limits. The Board shall acknowledge a request for amendment 
of a record within 10 business days of receipt of the request. Such 
acknowledgement may request additional information necessary for a 
determination on the request for amendment. To the extent possible, a 
determination upon a request to amend a record shall be made within 10 
business days after receipt of the request.
  (b) Contents of response to request for amendment. The response to a 
request for amendment shall include the following:
  (1) The decision to grant or deny, in whole or in part, the request 
for amendment; and
  (2) If the request is denied:
  (i) The reasons for denial of any portion of the request for 
amendment;
  (ii) The requester's right to appeal any denial; and
  (iii) The procedures for appealing the denial to the appropriate 
official.

   Sec. 261a.10  Appeal of adverse determination of request for access 
   or amendment.

  (a) Appeal. A requester may appeal a denial of a request made pursuant 
to Sec. 261a.5 or Sec. 261a.8 of this part to the Board, or any official 
designated by the chairman of the Board, within 10 business days of 
issuance of notification of denial. The appeal shall:
  (1) Be made in writing to the Secretary of the Board, with the words 
``PRIVACY ACT APPEAL'' written prominently on the first page;
  (2) Specify the previous background of the request; and
  (3) Provide reasons why the initial denial is believed to be in error.
  (b) Determination. The Board or an official designated by the Chairman 
of the Board shall make a determination with respect to such appeal not 
later than 30 business days from its receipt, unless the time is 
extended for good cause shown.
  (1) If the Board or designated official grants an appeal regarding a 
request for amendment, the Board shall take the necessary steps to amend 
the record, and, when appropriate and possible, notify prior recipients 
of the record of the Board's action.
  (2) If the Board or designated official denies an appeal, the Board 
shall inform the requester of such determination, give a statement of 
the reasons therefor, and inform the requester of the right of judicial 
review of the determination.
  (c) Statement of disagreement. (1) Upon receipt of a denial of an 
appeal regarding a request for amendment, the requester may file a 
concise statement of disagreement with the denial. Such statement shall 
be maintained with the record the requester sought to amend, and any 
disclosure of the record shall include a copy of the statement of 
disagreement.
  (2) When practicable and appropriate, the Board shall provide a copy 
of the statement of disagreement to any person or other agency to whom 
the record was previously disclosed.

Subpart C--Disclosure to Person Other Than Individual to Whom Record 
Pertains

   Sec. 261a.11  Restrictions on disclosure.

  No record contained in a designated system of records shall be 
disclosed to any person or agency without the prior written consent of 
the individual to whom the record pertains unless the disclosure is 
authorized by Sec. 261a.12 of this part.

   Sec. 261a.12  Exceptions.

  The restrictions on disclosure in Sec. 261a.11 of this part do not 
apply to any disclosure:
  (a) To those officers and employees of the Board who have a need for 
the record in the performance of their duties;
  (b) That is required under the Freedom of Information Act (5 U.S.C. 
552);
  (c) For a routine use listed with respect to a designated system of 
records;
  (d) To the Bureau of the Census for purposes of planning or carrying 
out a census or survey or related activity pursuant to the provisions of 
title 13 of the United States Code;
  (e) To a recipient who has provided the Board with advance adequate 
written assurance that the record will be used solely as a statistical 
research or reporting record, and the record is to be transferred in a 
form that is not individually identifiable;
  (f) To the National Archives of the United States as a record that has 
sufficient historical or other value to warrant its continued 
preservation by the United States government, or for evaluation by the 
administrator of General Services or his designee to determine whether 
the record has such value;
  (g) To another agency or to an instrumentality of any governmental 
jurisdiction within or under the control of the United States for a 
civil or criminal law enforcement activity if the activity is authorized 
by law, and if the head of the agency or instrumentality has made a 
written request to the Board specifying the particular portion desired 
and the law enforcement activity for which the record is sought;
  (h) To a person pursuant to a showing of compelling circumstances 
affecting the health or safety of an individual if upon such disclosure 
notification is transmitted to the last known address of such 
individual;
  (i) To either House of Congress, or, to the extent of matter within 
its jurisdiction, any committee or subcommittee thereof, any joint 
committee of Congress or subcommittee of any such joint committee;
  (j) To the Comptroller General, or any of his authorized 
representatives, in the course of the performance of the duties of the 
General Accounting Office;
  (k) Pursuant to the order of a court of competent jurisdiction; or
  (l) To a consumer reporting agency in accordance with 31 U.S.C. 
3711(f).

Subpart D--Exempt Records

   Sec. 261a.13  Exemptions.

  (a) Information compiled for civil action. Nothing in this regulation 
shall allow an individual access to any information compiled in 
reasonable anticipation of a civil action or proceeding.
  (b) Law enforcement information. Pursuant to section (k)(2) of the 
Privacy Act of 1974 (5 U.S.C. 552a(k)(2)), the Board has deemed it 
necessary to exempt certain designated systems of records maintained by 
the Board from the requirements of the Privacy Act concerning access to 
accountings of disclosures and to records, maintenance of only relevant 
and necessary information in files, and certain publication provisions, 
respectively, 5 U.S.C. 552a (c)(3), (d), (e)(1), (e)(4)(G), (H) and (I), 
and (f), and Secs. 261a.5, 261a.7 and 261a.8 of this part. Accordingly, 
the following designated systems of records are exempt from these 
provisions, but only to the extent that they contain investigatory 
materials compiled for law enforcement purposes:
  (1) BGFRS-1  Recruiting and Placement Records.
  (2) BGFRS-2 Personnel Background Investigation Reports.
  (3) BGFRS-4  General Personnel Records.
  (4) BGFRS-5  EEO Discrimination Complaint File.
  (5) BGFRS-9  Consultant and Staff Associate File.
  (6) BGFRS-16  Regulation G Reports.
  (7) BGFRS-18  Consumer Complaint Information System.
  (8) BGFRS-21  Supervisory Tracking and Reference System.
  (9) BGFRS/OIG-1  OIG Investigatory Records.
  (c) Confidential references. Pursuant to section (k)(5) of the Privacy 
Act of 1974 (5 U.S.C. 552a(k)(5)), the Board has deemed it necessary to 
exempt certain designated systems of records maintained by the Board 
from the requirements of the Privacy Act concerning access to 
accountings of disclosures and to records, maintenance of only relevant 
and necessary information in files, and certain publication provisions, 
respectively 5 U.S.C. 552a(c)b(3), (d), (e)(1), (e)(4)(G), (H) and (I), 
and (f), and Secs. 261a.5, 261a.7 and 261a.8 of this part. Accordingly, 
the following systems of records are exempt from these provisions, but 
only to the extent that they contain investigatory material compiled to 
determine an individual's suitability, eligibility, and qualifications 
for Board employment or access to classified information, and the 
disclosure of such material would reveal the identity of a source who 
furnished information to the Board under a promise of confidentiality.
  (1) BGFRS-1  Recruiting and Placement Records.
  (2) BGFRS-2  Personnel Background Investigation Reports.
  (3) BGFRS-4  General Personnel Records.
  (4) BGFRS-9  Consultant and Staff Associate File.
  (5) BGFRS-10  General File on Board Members.
  (6) BGFRS-11  Official General Files.
  (7) BGFRS-13  General File of Examiners and Assistant Examiners at 
Federal Reserve Banks.
  (8) BGFRS-14  General File of Federal Reserve Bank and Branch 
Directors.
  (9) BGFRS-15  General Files of Federal Reserve Agents, Alternates and 
Representatives at Federal Reserve Banks.
  (10) BGFRS/OIG-2  OIG Personnel Records.
  (d) Criminal law enforcement information. Pursuant to 5 U.S.C. 
552a(j)(2), the Board has determined that portions of the OIG 
Investigatory Records (BGFRS/OIG-1) shall be exempt from any part of the 
Privacy Act (5 U.S.C. 552a), except the provisions regarding disclosure, 
the requirement to keep an accounting, certain publication requirements, 
certain requirements regarding the proper maintenance of systems of 
records, and the criminal penalties for violation of the Privacy Act, 
respectively, 5 U.S.C. 552a (b), (c)(1), and (2), (e)(4) (A) through 
(F), (e)(6), (e)(7), (e)(9), (e)(10), (e)(11) and (i). This designated 
system of records is maintained by the OIG, a Board component that 
performs as its principal function an activity pertaining to the 
enforcement of criminal laws. The exempt portions of the records consist 
of:
  (1) Information compiled for the purpose of identifying individual 
criminal offenders and alleged offenders;
  (2) Information compiled for the purpose of a criminal investigation, 
including reports of informants and investigators, and associated with 
an identifiable individual; or
  (3) Reports identifiable to an individual compiled at any stage of the 
process of enforcement of the criminal laws from arrest or indictment 
through release from supervision.