Unblocking of Specially Designated Narcotics Traffickers Pursuant to Executive Order 12978, 71028-71029 [E6-20772]

Download as PDF 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 (http:// 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 (http://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