Unblocking of Specially Designated Narcotics Traffickers Pursuant to Executive Order 12978, 71028-71029 [E6-20772]
Download as PDF
<![CDATA[
sroberts on PROD1PC70 with NOTICES
71028
Federal Register / Vol. 71, No. 235 / Thursday, December 7, 2006 / Notices
SUPPLEMENTARY INFORMATION: The
Annunzio-Wylie Anti-Money
Laundering Act of 1992 required the
Secretary of the Treasury to establish a
Bank Secrecy Act Advisory Group
(BSAAG) consisting of representatives
from Federal regulatory and law
enforcement agencies, financial
institutions, and trade groups subject to
the reporting requirements of the Bank
Secrecy Act, 31 CFR 103 et seq. or
Section 6050I of the Internal Revenue
Code of 1986. The BSAAG is the means
by which the Secretary receives advice
on the operations of the Bank Secrecy
Act. As chair of the BSAAG, the
Director of FinCEN is responsible for
ensuring that relevant issues are placed
before the BSAAG for review, analysis,
and discussion. Ultimately, the BSAAG
will make policy recommendations to
the Secretary on issues considered.
New members will be selected to
serve a three-year term. Applications
should consist of:
• Point of contact, title, address, email address, phone number
• Description of the financial
institution or trade group and its
involvement with the Bank Secrecy Act,
31 C.F.R. 103 et seq.
• Reasons why its participation on
the BSAAG will bring value to the group
Entities may nominate themselves.
FinCEN is interested in bringing
representatives from state regulatory
agencies, state regulator trade groups,
self-regulatory organizations, industry
trade groups, and industry members
together with federal law enforcement
and federal regulatory agencies to help
advise the Secretary of the Treasury on
matters relating to the administration of
the Bank Secrecy Act. Members must be
able and willing to make the necessary
time commitment to participate on subcommittees throughout the year by
phone and attend biannual plenary
meetings held in Washington DC in the
spring and fall. Members will not be
remunerated for their time, services, or
travel.
In making the selections, FinCEN will
seek to complement current BSAAG
members in terms of affiliation,
industry, and geographic representation.
The Director of FinCEN retains full
discretion on all membership decisions.
The Director may consider prior years’
applications when making selections
and does not limit consideration to
institutions nominated by the public
when making its selection.
Based on current BSAAG position
openings we encourage applications
from the following sectors or types of
organizations with experience working
on the Bank Secrecy Act:
VerDate Aug<31>2005
17:29 Dec 06, 2006
Jkt 211001
• State Regulatory Agency (1
vacancy)
• State Regulator Trade Group (1
vacancy)
• Industry Trade Group—Banking
Sector (1 vacancy)
• Industry Trade Group—Casino (1
vacancy)
• Industry Trade Group—Precious
Metals, Stones, and Jewels (1 vacancy) 1
• Industry Trade Group—Money
Services Business Sector (1 vacancy)
• Industry Representatives Banking (2
vacancies)
• Industry Representatives Securities/
Futures (2 vacancies) 2
• Industry Representatives Money
Services Business (1 vacancy)
BSAAG members whose terms end as
of February 28, 2007 3, are:
State Regulatory Agency
• New York State Banking
Department
State Regulator Trade Group
• California Bankers Association.
Industry Trade Group—Banking Sector
• Independent Community Bankers
Association
Industry Trade Group—Casino
• American Gaming Association.
Industry Trade Group—Money Services
Business Sector
• Financial Service Center of America
Industry Representatives Banking
• Branch Bank & Trust
• Pentagon Federal Credit Union
Industry Representatives Securities/
Futures
• Morgan Stanley
Industry Representatives Money
Services Business
• American Express
Dated: November 30, 2006.
Robert W. Werner,
Director, Financial Crimes Enforcement
Network.
[FR Doc. E6–20709 Filed 12–6–06; 8:45 am]
BILLING CODE 4810–02–P
1 This is a newly created position in light of the
decision adopted at the May 2006 BSAAG Plenary.
2 An additional position was created in light of
the decision adopted at the May 2006 BSAAG
Plenary.
3 State regulatory agencies, state regulator trade
groups, self-regulatory organizations, and industry
trade groups can serve renewable three-year terms
at the discretion of the Director of FinCEN. Industry
members may not serve consecutive terms but may
serve multiple terms.
PO 00000
Frm 00083
Fmt 4703
Sfmt 4703
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
Unblocking of Specially Designated
Narcotics Traffickers Pursuant to
Executive Order 12978
AGENCY: Office of Foreign Assets
Control, Treasury.
ACTION: Notice.
SUMMARY: The Treasury Department’s
Office of Foreign Assets Control
(‘‘OFAC’’) is publishing the names of
three individuals whose property and
interests in property have been
unblocked pursuant to Executive Order
12978 of October 21, 1995, Blocking
Assets and Prohibiting Transactions
With Significant Narcotics Traffickers.
DATES: The unblocking and removal
from the list of Specially Designated
Narcotics Traffickers of the individuals
identified in this notice whose property
and interests in property were blocked
pursuant to Executive Order 12978 of
October 21, 1995, occurred on
November 28, 2006.
FOR FURTHER INFORMATION CONTACT:
Jennifer Houghton, Assistant Director,
Designation Investigations, Office of
Foreign Assets Control, Department of
the Treasury, Washington, DC 20220,
tel.: 202/622–2420.
SUPPLEMENTARY INFORMATION:
Electronic and Facsimile Availability
This document and additional
information concerning OFAC are
available on OFAC’s Web site (https://
www.treas.gov/ofac) or via facsimile
through a 24-hour fax-on demand
service, tel.: (202) 622–0077.
Background
On October 21, 1995, the President
issued Executive Order 12978 (the
‘‘Order’’) pursuant to the International
Emergency Economic Powers Act (50
U.S.C. 1701–1706), the National
Emergencies Act (50 U.S.C. 1601 et
seq.), and section 301 of title 3, United
States Code.
In the Order, the President declared a
national emergency to address actions of
significant foreign narcotics traffickers
centered in Colombia, and the
unparalleled violence, corruption, and
harm that they cause in the United
States and abroad. The Order imposes
economic sanctions on foreign persons
who are determined to play a significant
role in international narcotics trafficking
centered in Colombia; or materially to
assist in, or provide financial or
technological support for or goods or
services in support of, the narcotics
trafficking activities of persons
E:\FR\FM\07DEN1.SGM
07DEN1
Federal Register / Vol. 71, No. 235 / Thursday, December 7, 2006 / Notices
sroberts on PROD1PC70 with NOTICES
designated in or pursuant to the order;
or to be owned or controlled by, or to
act for or on behalf of, persons
designated in or pursuant to the Order.
The Order included 4 individuals in
the Annex, which resulted in the
blocking of all property or interests in
property of these persons that was or
thereafter came within the United States
or the possession or control of U.S.
persons. The Order authorizes the
Secretary of the Treasury, in
consultation with the Attorney General
and the Secretary of State, to designate
additional persons or entities
determined to meet certain criteria set
forth in EO 12978.
VerDate Aug<31>2005
17:29 Dec 06, 2006
Jkt 211001
On November 28, 2006, the Director
of OFAC removed from the list of
Specially Designated Narcotics
Traffickers the individuals listed below,
whose property and interests in
property were blocked pursuant to EO
12978.
The list of the unblocked individuals
follows:
1. Avila Barbosa, Edilberto, c/o GAD
S.A., La Union, Valle, Colombia; c/o
Casa Grajales S.A., La Union, Valle,
Colombia; c/o FREXCO S.A., La Union,
Valle, Colombia; c/o International
Freeze Dried S.A., Bogota, Colombia;
DOB 28 Apr 1963; POB Bogota,
Colombia; Cedula No. 79041212
(Colombia) (individual) [SDNT]
PO 00000
Frm 00084
Fmt 4703
Sfmt 4703
71029
2. Forero Fernandez, Alberto Mario,
c/o Happy Days S. de H., Barranquilla,
Colombia; Cedula No. 8715143
(Colombia) (individual) [SDNT]
3. Zuniga Osorio, Marco Fidel, c/o
Laboratorios Blanco Pharma, Bogota,
Colombia; c/o Farmatodo S.A., Bogota,
Colombia; DOB 15 Apr 1967; Cedula
No. 72144581 (Colombia) (individual)
[SDNT]
Dated: November 28, 2006.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
[FR Doc. E6–20772 Filed 12–6–06; 8:45 am]
BILLING CODE 4811–42–P
E:\FR\FM\07DEN1.SGM
07DEN1
]]>Agencies
[Federal Register Volume 71, Number 235 (Thursday, December 7, 2006)]
[Notices]
[Pages 71028-71029]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-20772]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
Unblocking of Specially Designated Narcotics Traffickers Pursuant
to Executive Order 12978
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Treasury Department's Office of Foreign Assets Control
(``OFAC'') is publishing the names of three individuals whose property
and interests in property have been unblocked pursuant to Executive
Order 12978 of October 21, 1995, Blocking Assets and Prohibiting
Transactions With Significant Narcotics Traffickers.
DATES: The unblocking and removal from the list of Specially Designated
Narcotics Traffickers of the individuals identified in this notice
whose property and interests in property were blocked pursuant to
Executive Order 12978 of October 21, 1995, occurred on November 28,
2006.
FOR FURTHER INFORMATION CONTACT: Jennifer Houghton, Assistant Director,
Designation Investigations, Office of Foreign Assets Control,
Department of the Treasury, Washington, DC 20220, tel.: 202/622-2420.
SUPPLEMENTARY INFORMATION:
Electronic and Facsimile Availability
This document and additional information concerning OFAC are
available on OFAC's Web site (https://www.treas.gov/ofac) or via
facsimile through a 24-hour fax-on demand service, tel.: (202) 622-
0077.
Background
On October 21, 1995, the President issued Executive Order 12978
(the ``Order'') pursuant to the International Emergency Economic Powers
Act (50 U.S.C. 1701-1706), the National Emergencies Act (50 U.S.C. 1601
et seq.), and section 301 of title 3, United States Code.
In the Order, the President declared a national emergency to
address actions of significant foreign narcotics traffickers centered
in Colombia, and the unparalleled violence, corruption, and harm that
they cause in the United States and abroad. The Order imposes economic
sanctions on foreign persons who are determined to play a significant
role in international narcotics trafficking centered in Colombia; or
materially to assist in, or provide financial or technological support
for or goods or services in support of, the narcotics trafficking
activities of persons
[[Page 71029]]
designated in or pursuant to the order; or to be owned or controlled
by, or to act for or on behalf of, persons designated in or pursuant to
the Order.
The Order included 4 individuals in the Annex, which resulted in
the blocking of all property or interests in property of these persons
that was or thereafter came within the United States or the possession
or control of U.S. persons. The Order authorizes the Secretary of the
Treasury, in consultation with the Attorney General and the Secretary
of State, to designate additional persons or entities determined to
meet certain criteria set forth in EO 12978.
On November 28, 2006, the Director of OFAC removed from the list of
Specially Designated Narcotics Traffickers the individuals listed
below, whose property and interests in property were blocked pursuant
to EO 12978.
The list of the unblocked individuals follows:
1. Avila Barbosa, Edilberto, c/o GAD S.A., La Union, Valle,
Colombia; c/o Casa Grajales S.A., La Union, Valle, Colombia; c/o FREXCO
S.A., La Union, Valle, Colombia; c/o International Freeze Dried S.A.,
Bogota, Colombia; DOB 28 Apr 1963; POB Bogota, Colombia; Cedula No.
79041212 (Colombia) (individual) [SDNT]
2. Forero Fernandez, Alberto Mario, c/o Happy Days S. de H.,
Barranquilla, Colombia; Cedula No. 8715143 (Colombia) (individual)
[SDNT]
3. Zuniga Osorio, Marco Fidel, c/o Laboratorios Blanco Pharma,
Bogota, Colombia; c/o Farmatodo S.A., Bogota, Colombia; DOB 15 Apr
1967; Cedula No. 72144581 (Colombia) (individual) [SDNT]
Dated: November 28, 2006.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
[FR Doc. E6-20772 Filed 12-6-06; 8:45 am]
BILLING CODE 4811-42-P
