Unblocking of Specially Designated Nationals and Blocked Persons Pursuant to the Foreign Narcotics Kingpin Designation Act, 20452-20453 [2011-8678]

Download as PDF srobinson on DSKHWCL6B1PROD with NOTICES 20452 Federal Register / Vol. 76, No. 70 / Tuesday, April 12, 2011 / Notices of Money Services Business, FinCEN Form 107. The form will be used by currency dealers or exchangers; check cashers; issuers of traveler’s checks, money orders or stored value; sellers of traveler’s checks, money orders or stored value; redeemers of traveler’s checks, money orders or stored value; and money transmitters to register with the Department of the Treasury as required by statute. This request for comments is being made pursuant to the Paperwork Reduction Act of 1995, Public Law 104–13, 44 U.S.C. 3506(c)(2)(A). DATES: Written comments are welcome and must be received on or before June 13, 2011. ADDRESSES: Written comments should be submitted to: Office of Regulatory Policy and Programs Division, Financial Crimes Enforcement Network, Department of the Treasury, P.O. Box 39, Vienna, Virginia 22183, Attention: PRA Comments—MSB RegistrationForm 107. Comments also may be submitted by electronic mail to the following Internet address: regcomments@fincen.gov, again with a caption, in the body of the text, ‘‘Attention: PRA Comments—MSB Registration-Form 107.’’ Inspection of comments: Comments may be inspected, between 10 a.m. and 4 p.m., in the FinCEN reading room in Vienna, VA. Persons wishing to inspect the comments submitted must request an appointment with the Disclosure Officer by telephoning (703) 905–5034 (Not a toll free call). FOR FURTHER INFORMATION CONTACT: The FinCEN Regulatory helpline at (800) 949–2732 and select Option 1. SUPPLEMENTARY INFORMATION: Title: Registration of Money Services Business. OMB Number: 1506–0013. Form Number: FinCEN Form 107. Abstract: The statute generally referred to as the ‘‘Bank Secrecy Act,’’ Titles I and II of Public Law 91–508, as amended, codified at 12 U.S.C. 1829b, 12 U.S.C. 1951–1959, and 31 U.S.C. 5311–5330, authorizes the Secretary of the Treasury, inter alia, to issue regulations requiring records and reports that are determined to have a high degree of usefulness in criminal, tax, and regulatory matters. Regulations implementing Title II of the Bank Secrecy Act (codified at 31 U.S.C. 5311– 5330) appear at 31 CFR Chapter X. The authority of the Secretary to administer the Bank Secrecy Act has been delegated to the Director of FinCEN. Under 31 U.S.C. 5330 and its implementing regulations, money services businesses must register with VerDate Mar<15>2010 18:00 Apr 11, 2011 Jkt 223001 the Department of the Treasury, maintain a list of their agents, and renew their registration every two years. Currently, money services businesses register by filing FinCEN Form 107, which is being renewed without change. The information collected on the form is required to comply with 31 U.S.C. 5330 and its implementing regulations. The information will be used to assist supervisory and law enforcement agencies in the enforcement of criminal, tax, and regulatory laws and to prevent money services businesses from being used by those engaging in money laundering. The collection of information is mandatory. Current Actions: The current Form 107 and instructions are being renewed without change. Type of Review: Renewal of currently approved collection report. Affected Public: Individuals, business or other for-profit institutions, and notfor-profit institutions. Frequency: As required. Estimated Burden: Reporting average of 30 minutes per response; recordkeeping average of 30 minutes per response. Estimated Number of Respondents: 42,000. Estimated Total Annual Burden Hours: 42,000 hours. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection of information displays a valid OMB control number. Records required to be retained under the Bank Secrecy Act must be retained for five years. Generally, information collected pursuant to the Bank Secrecy Act is confidential, but may be shared as provided by law with regulatory and law enforcement authorities. Request for Comments: Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval. All comments will become a matter of public record. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility; (b) the accuracy of the agency’s estimate of the burden of the collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be collected: (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology; and (e) estimates of capital or start-up costs and costs of operation, PO 00000 Frm 00148 Fmt 4703 Sfmt 4703 maintenance and purchase of services to provide information. Dated: April 5, 2011. James H. Freis, Jr., Director, Financial Crimes Enforcement Network. [FR Doc. 2011–8589 Filed 4–11–11; 8:45 am] BILLING CODE 4810–02–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control Unblocking of Specially Designated Nationals and Blocked Persons Pursuant to the Foreign Narcotics Kingpin Designation Act Office of Foreign Assets Control, Treasury. ACTION: Notice. AGENCY: The Department of the Treasury’s Office of Foreign Assets Control (‘‘OFAC’’) is publishing the name of one entity whose property and interests in property has been unblocked pursuant to the Foreign Narcotics Kingpin Designation Act (‘‘Kingpin Act’’) (21 U.S.C. 1901–1908, 8 U.S.C. 1182). DATES: The unblocking and removal from the list of Specially Designated Nationals and Blocked Persons (‘‘SDN List’’) of the entity identified in this notice whose property and interests in property was blocked pursuant to the Kingpin Act, is effective on March 30, 2011. FOR FURTHER INFORMATION CONTACT: Assistant Director, Compliance Outreach & Implementation, U.S. Department of the Treasury, Office of Foreign Assets Control, Washington, DC 20220, tel.: (202) 622–2420. SUPPLEMENTARY INFORMATION: SUMMARY: Electronic and Facsimile Availability This document and additional information concerning OFAC are available from OFAC’s Web site (https://www.treas.gov/ofac) or via facsimile through a 24-hour fax-ondemand service at (202) 622–0077. Background The Kingpin Act became law on December 3, 1999. The Act provides a statutory framework for the President to impose sanctions against significant foreign narcotics traffickers and their organizations on a worldwide basis, with the objective of denying their businesses and agents access to the U.S. financial system and to the benefits of trade and transactions involving U.S. persons and entities. E:\FR\FM\12APN1.SGM 12APN1 Federal Register / Vol. 76, No. 70 / Tuesday, April 12, 2011 / Notices The Kingpin Act blocks all property and interests in property, subject to U.S. jurisdiction, owned or controlled by significant foreign narcotics traffickers as identified by the President. In addition, the Secretary of the Treasury consults with the Attorney General, the Director of the Central Intelligence Agency, the Director of the Federal Bureau of Investigation, the Administrator of the Drug Enforcement Administration, the Secretary of Defense, the Secretary of State, and the Secretary of Homeland Security when designating and blocking the property or interests in property, subject to U.S. jurisdiction, of foreign persons found to be: (1) Materially assisting in, or providing financial or technological support for or to, or providing goods or services in support of, the international narcotics trafficking activities of a person designated pursuant to the Kingpin Act; (2) owned, controlled, or directed by, or acting for or on behalf of, a person designated pursuant to the Kingpin Act; or (3) playing a significant role in international narcotics trafficking. On March 30, 2011, the Director of OFAC removed from the SDN list the entity listed below, whose property and interests in property were blocked pursuant to the Kingpin Act: MERCURIO INTERNACIONAL S.A., Transversal 71D No. 26–94 Sur, Local 3504, Bogota, Colombia; Avenida Carrera 15 No. 100–69, Oficina 303, Bogota, Colombia; Carrera 15 No. 93–60 Local 205, Bogota, Colombia; Calle 5 No. 50–103, Local C108, Cali, Colombia; Carrera 1 No. 61A–30, Locales 80 y 81, Cali, Colombia; Calle 19 No. 6–48, Oficinas 403 y 404, Pereira, Colombia; Carrera 14 No. 18–56, Locales 34 y 35, Piso 3, Armenia, Colombia; Carrera 43A No. 34– 95, Local 253, Medellin, Colombia; Carrera 54 No. 72–147, Local 144, Barranquilla, Colombia; NIT # 830063708–7 (Colombia) [SDNTK] Dated: March 30, 2011. Adam J. Szubin, Director, Office of Foreign Assets Control. [FR Doc. 2011–8678 Filed 4–11–11; 8:45 am] BILLING CODE 4810–AL–P DEPARTMENT OF THE TREASURY srobinson on DSKHWCL6B1PROD with NOTICES Internal Revenue Service Proposed Collection; Comment Request for Form 1040 and Schedules A, B, C, C–EZ, D, D–1, E, EIC, F, H, J, R, and SE, Form 1040A, Form 1040EZ, Form 1040NR, Form 1040NR–EZ, Form 1040X, and All Attachments to These Forms Internal Revenue Service (IRS), Treasury. AGENCY: VerDate Mar<15>2010 18:00 Apr 11, 2011 Jkt 223001 Notice and request for comments. ACTION: The Internal Revenue Service, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and continuing information collections, as required by the Paperwork Reduction Act of 1995 (PRA), Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). This notice requests comments on all forms used by individual taxpayers: Form 1040, U.S. Individual Income Tax Return, and Schedules A, B, C, C–EZ, D, D–1, E, EIC, F, H, J, R, and SE; Form 1040A; Form 1040EZ; Form 1040NR; Form 1040NR– EZ; Form 1040X; and all attachments to these forms (see the Appendix to this notice). SUMMARY: Written comments should be received on or before May 12, 2011 to be assured of consideration. ADDRESSES: This collection is available for comment on https:// www.PRAComment.gov. Comments may be made through the Web site electronically and anonymously. Respondents may also direct written comments to Shagufta Ahmed, Office of Management and Budget, New Executive Office Building, Room 10235, Washington, DC 20503; (202) 395–7873 and to Yvette Lawrence, Internal Revenue Service, 1111 Constitution Avenue, NW., Washington, DC 20224; (202) 927–4374. FOR FURTHER INFORMATION CONTACT: Requests for additional information should be directed to Chief, RAS:R:TAM, NCA 7th Floor, Internal Revenue Service, 1111 Constitution Avenue, NW., Washington, DC 20224. SUPPLEMENTARY INFORMATION: DATES: PRA Approval of Forms Used by Individual Taxpayers Under the PRA, OMB assigns a control number to each ‘‘collection of information’’ that it reviews and approves for use by an agency. The PRA also requires agencies to estimate the burden for each collection of information. Burden estimates for each control number are displayed in (1) PRA notices that accompany collections of information, (2) Federal Register notices such as this one, and (3) OMB’s database of approved information collections. Taxpayer Burden Model The Individual Taxpayer Burden Model (ITBM) estimates burden experienced by individual taxpayers when complying with Federal tax laws PO 00000 Frm 00149 Fmt 4703 Sfmt 4703 20453 and incorporates results from a survey of tax year 2007 individual taxpayers, conducted in 2008 and 2009. The approach to measuring burden focuses on the characteristics and activities undertaken by individual taxpayers in meeting their tax return filing obligations. Burden is defined as the time and outof-pocket costs incurred by taxpayers in complying with the Federal tax system and are estimated separately. Out-ofpocket costs include any expenses incurred by taxpayers to prepare and submit their tax returns. Examples include tax return preparation fees, the purchase price of tax preparation software, submission fees, photocopying costs, postage, and phone calls (if not toll-free). The methodology distinguishes among preparation method, taxpayer activities, taxpayer type, filing method, and income level. Indicators of tax law and administrative complexity, as reflected in the tax forms and instructions, are incorporated into the model. Preparation methods reflected in the model are as follows: • Self-prepared without software, • Self-prepared with software, and • Use of a paid preparer or tax professional. Types of taxpayer activities reflected in the model are as follows: • Recordkeeping, • Tax planning, • Gathering tax materials, • Use of services (IRS and other), • Form completion, and • Form submission (electronic and paper). Taxpayer Burden Estimates Summary level results using this methodology are presented in Table 1 below. The data shown are the best forward-looking estimates available for income tax returns filed for tax year 2010. Note that the estimates presented in this table differ from those published in the tax form instructions and publications. Revised estimates presented herein reflect legislation approved after the IRS Forms and Publications print deadline. Table 1 shows burden estimates by form type and type of taxpayer. Time burden is further broken out by taxpayer activity. The largest component of time burden for all taxpayers is recordkeeping, as opposed to form completion and submission. In addition, the time burden associated with form completion and submission activities is closely tied to preparation method. Both time and cost burdens are national averages and do not necessarily E:\FR\FM\12APN1.SGM 12APN1

Agencies

[Federal Register Volume 76, Number 70 (Tuesday, April 12, 2011)]
[Notices]
[Pages 20452-20453]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-8678]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Unblocking of Specially Designated Nationals and Blocked Persons 
Pursuant to the Foreign Narcotics Kingpin Designation Act

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: The Department of the Treasury's Office of Foreign Assets 
Control (``OFAC'') is publishing the name of one entity whose property 
and interests in property has been unblocked pursuant to the Foreign 
Narcotics Kingpin Designation Act (``Kingpin Act'') (21 U.S.C. 1901-
1908, 8 U.S.C. 1182).

DATES: The unblocking and removal from the list of Specially Designated 
Nationals and Blocked Persons (``SDN List'') of the entity identified 
in this notice whose property and interests in property was blocked 
pursuant to the Kingpin Act, is effective on March 30, 2011.

FOR FURTHER INFORMATION CONTACT: Assistant Director, Compliance 
Outreach & Implementation, U.S. Department of the Treasury, Office of 
Foreign Assets Control, Washington, DC 20220, tel.: (202) 622-2420.

SUPPLEMENTARY INFORMATION:

Electronic and Facsimile Availability

    This document and additional information concerning OFAC are 
available from OFAC's Web site (https://www.treas.gov/ofac) or via 
facsimile through a 24-hour fax-on-demand service at (202) 622-0077.

Background

    The Kingpin Act became law on December 3, 1999. The Act provides a 
statutory framework for the President to impose sanctions against 
significant foreign narcotics traffickers and their organizations on a 
worldwide basis, with the objective of denying their businesses and 
agents access to the U.S. financial system and to the benefits of trade 
and transactions involving U.S. persons and entities.

[[Page 20453]]

    The Kingpin Act blocks all property and interests in property, 
subject to U.S. jurisdiction, owned or controlled by significant 
foreign narcotics traffickers as identified by the President. In 
addition, the Secretary of the Treasury consults with the Attorney 
General, the Director of the Central Intelligence Agency, the Director 
of the Federal Bureau of Investigation, the Administrator of the Drug 
Enforcement Administration, the Secretary of Defense, the Secretary of 
State, and the Secretary of Homeland Security when designating and 
blocking the property or interests in property, subject to U.S. 
jurisdiction, of foreign persons found to be: (1) Materially assisting 
in, or providing financial or technological support for or to, or 
providing goods or services in support of, the international narcotics 
trafficking activities of a person designated pursuant to the Kingpin 
Act; (2) owned, controlled, or directed by, or acting for or on behalf 
of, a person designated pursuant to the Kingpin Act; or (3) playing a 
significant role in international narcotics trafficking.
    On March 30, 2011, the Director of OFAC removed from the SDN list 
the entity listed below, whose property and interests in property were 
blocked pursuant to the Kingpin Act:

    MERCURIO INTERNACIONAL S.A., Transversal 71D No. 26-94 Sur, 
Local 3504, Bogota, Colombia; Avenida Carrera 15 No. 100-69, Oficina 
303, Bogota, Colombia; Carrera 15 No. 93-60 Local 205, Bogota, 
Colombia; Calle 5 No. 50-103, Local C108, Cali, Colombia; Carrera 1 
No. 61A-30, Locales 80 y 81, Cali, Colombia; Calle 19 No. 6-48, 
Oficinas 403 y 404, Pereira, Colombia; Carrera 14 No. 18-56, Locales 
34 y 35, Piso 3, Armenia, Colombia; Carrera 43A No. 34-95, Local 
253, Medellin, Colombia; Carrera 54 No. 72-147, Local 144, 
Barranquilla, Colombia; NIT  830063708-7 (Colombia) [SDNTK]

    Dated: March 30, 2011.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
[FR Doc. 2011-8678 Filed 4-11-11; 8:45 am]
BILLING CODE 4810-AL-P

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