WASHINGTON, May 14 -- Department Of The Treasury has issued a rule called: Privacy Act of 1974; Exempting a System of Records From Certain Requirements.

The rule was published in the Federal Register on May 14 by Ryan Law, Deputy Assistant Secretary Privacy, Transparency, and Records.

Summary: In accordance with the requirements of the Privacy Act of 1974, as amended, the Department of the Treasury is issuing a final rule, exempting a new Internal Revenue Service (IRS) system of records (SOR) entitled "Department of Treasury/Internal Revenue Service-34.018, Insider Risk Management Records" from certain provisions of the Privacy Act. The IRS Insider Risk Management system was established for information collected in connection with the IRS...