Designation of Entities Pursuant to Executive Order 13413, 2721-2722 [2013-00549]

Download as PDF mstockstill on DSK4VPTVN1PROD with Federal Register / Vol. 78, No. 9 / Monday, January 14, 2013 / Notices been no changes to the requirements of the regulations; however, the regulations have been transferred to the Bureau of Consumer Financial Protection (CFPB) pursuant to title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Public Law 111–203, 124 Stat. 1955, July 21, 2010 (Dodd-Frank Act) and republished as CFPB regulations (76 FR 79028 (December 21, 2011)). The burden estimates have been revised to remove the burden for national banks and Federal savings associations with over $10 billion in total assets and any affiliates thereof, which is now carried by CFPB pursuant to section 1025 of the Dodd-Frank Act. The OCC retains supervisory and enforcement authority for national banks and Federal savings associations with total assets of $10 billion or less that are not an affiliate of an insured depository institution with over $10 billion in total assets. Title: Privacy of Consumer Financial Information (Regulation P) (12 CFR part 1016). OMB Control No.: 1557–0216. Description: The Gramm-Leach-Bliley Act (Act) (Pub. L. 106–102) requires this information collection. The CFPB’s regulation implements the Act’s notice requirements and restrictions on a financial institution’s ability to disclose nonpublic personal information about consumers to nonaffiliated third parties. The information collection requirements in part 1016 are as follows: § 1016.4(a)—Disclosure (institution)— Initial privacy notice to consumers requirement—A national bank or Federal savings association must provide a clear and conspicuous notice that accurately reflects its privacy policies and practices to customers and consumers. § 1016.5(a)—Disclosure (institution)— Annual privacy notice to customers requirement—A national bank or Federal savings association must provide a clear and conspicuous notice to customers that accurately reflects its privacy policies and practices not less than annually during the continuation of the customer relationship. § 1016.8—Disclosure (institution)— Revised privacy notices—If a national bank or Federal savings association wishes to disclose information in a way that is inconsistent with the notices previously given to a consumer, the national bank or Federal savings association must provide consumers with a clear and conspicuous revised notice of the national bank’s or Federal savings association’s policies and procedures and a new opt out notice. VerDate Mar<15>2010 16:53 Jan 11, 2013 Jkt 229001 § 1016.7(a)—Disclosure (institution)— Form of opt out notice to consumers; opt out methods—Form of opt out notice— If a national bank or Federal savings association is required to provide an opt-out notice under § 1016.10(a), it must provide a clear and conspicuous notice to each of its consumers that accurately explains the right to opt out under that section. The notice must state: • That the national bank or Federal savings association discloses or reserves the right to disclose nonpublic personal information about its consumer to a nonaffiliated third party; • That the consumer has the right to opt out of that disclosure; and • A reasonable means by which the consumer may exercise the opt out right. A national bank or Federal savings association provides a reasonable means to exercise an opt out right if it: • Designates check-off boxes on the relevant forms with the opt out notice; • Includes a reply form with the opt out notice; • Provides electronic means to opt out; or • Provides a toll-free number to opt out. §§ 1016.10(a)(2) and 1016(c)— Consumers must take affirmative actions to exercise their rights to prevent financial institutions from sharing their information with nonaffiliated parties— • Opt out—Consumers may direct that the national bank or Federal savings association not disclose nonpublic personal information about them to a nonaffiliated third party, other than permitted by §§ 1016.13–1016.15 • Partial opt out—Consumer also may exercise partial opt out rights by selecting certain nonpublic personal information or certain nonaffiliated third parties with respect to which the consumer wishes to opt out. §§ 1016.7(h) and 1016(i)—Reporting (consumer)—Consumers may exercise continuing right to opt out—Consumer may opt out at any time—A consumer may exercise the right to opt out at any time. A consumer’s direction to opt out is effective until the consumer revokes it in writing or, if the consumer agrees, electronically. When a customer relationship terminates, the customer’s opt out direction continues to apply. Type of Review: Extension of a currently approved collection. Affected Public: Businesses or other for-profit; individuals. Estimated Annual Number of Institution Respondents: Initial Notice, 3; Annual Notice and Change in Terms, 1,793; Opt-out Notice, 897. Estimated Average Time Per Response Per Institution: Initial Notice, 80 hours; PO 00000 Frm 00067 Fmt 4703 Sfmt 4703 2721 Annual Notice and Change in Terms, 8 hours; Opt-out Notice, 8 hours. Estimated Subtotal Annual Burden Hours for Institutions: 21,760 hours. Estimated Annual Number of Consumer Respondents: 2,526,802. Estimated Average Time Per Consumer Response: 0.25 hours. Estimated Subtotal Annual Burden Hours for Consumers: 631,701 hours. Estimated Total Annual Burden Hours: 653,461 hours. Comments submitted in response to this notice will be summarized and included in the request for OMB approval. All comments received, including attachments and other supporting materials, are part of the public record and subject to public disclosure. Do not enclose any information in your comment or supporting materials that you consider confidential or inappropriate for public disclosure. 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 has 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 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, maintenance, and purchase of services to provide information. Dated: January 8, 2013. Michele Meyer, Assistant Director, Legislative and Regulatory Activities Division. [FR Doc. 2013–00530 Filed 1–11–13; 8:45 am] BILLING CODE 4810–33–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control Designation of Entities Pursuant to Executive Order 13413 Office of Foreign Assets Control, Treasury. ACTION: Notice. AGENCY: The Treasury Department’s Office of Foreign Assets Control (‘‘OFAC’’) is publishing the name of two entities whose property and interests in property have been blocked pursuant to Executive Order 13413 of October 27, SUMMARY: E:\FR\FM\14JAN1.SGM 14JAN1 2722 Federal Register / Vol. 78, No. 9 / Monday, January 14, 2013 / Notices 2006, ‘‘Blocking Property of Certain Persons Contributing to the Conflict in the Democratic Republic of Congo.’’ DATES: The designation by the Director of OFAC of the two entities identified in this notice, pursuant to Executive Order 13413 of October 27, 2006, is effective on January 3, 2013. FOR FURTHER INFORMATION CONTACT: Assistant Director for Sanctions Compliance and Evaluation, Office of Foreign Assets Control, Department of the Treasury, Washington, DC 20220, tel.: 202/622–2490. SUPPLEMENTARY INFORMATION: Electronic and Facsimile Availability This document and additional information concerning OFAC are available from OFAC’s Web site (www.treas.gov/ofac) and via facsimile through a 24-hour fax-on demand service, tel.: (202) 622–0077. mstockstill on DSK4VPTVN1PROD with Background Dated: January 3, 2013. Adam J. Szubin, Director, Office of Foreign Assets Control. [FR Doc. 2013–00549 Filed 1–11–13; 8:45 am] BILLING CODE 4810–AL–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control On October 27, 2006, the President signed Executive Order 13413 (the ‘‘Order’’ or ‘‘E.O. 13413’’) pursuant to, inter alia, the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA) and section 5 of the United Nations Participation Act, as amended (22 U.S.C. 287c) (UNPA). In the Order, the President found that the situation in or in relation to the Democratic Republic of the Congo constitutes an unusual and extraordinary threat to the foreign policy of the United States and imposed sanctions, and authorized additional sanctions, to address that threat. Section 1 of the Order blocks, with certain exceptions, all property and interests in property that are in, or thereafter come within, the United States, or within the possession or control of United States persons, of the persons identified by the President in the Annex to the Order, as well as those persons determined by the Secretary of the Treasury, after consultation with the Secretary of State, to meet any of the criteria set forth in subparagraphs (a)(ii)(A)–(a)(ii)(G) of Section 1 of the Order. On January 3, 2013, the Director of OFAC exercised the Secretary of the Treasury’s authority to designate, pursuant to one or more of the criteria set forth in Section 1 of the Order, the two entities listed below, whose property and interests in property therefore are blocked pursuant to E.O. 13413. The listing of the blocked entities appears as follows: 1. FORCES DEMOCRATIQUES DE LIBERATION DU RWANDA (a.k.a. COMBATANT FORCE FOR THE VerDate Mar<15>2010 LIBERATION OF RWANDA; a.k.a. DEMOCRATIC FORCES FOR THE LIBERATION OF RWANDA; a.k.a. FDLR; a.k.a. ‘‘FOCA’’; a.k.a. FORCE COMBATTANTE ABACUNGUZI), North and South Kivu, Congo, Democratic Republic of the [DRCONGO] 2. M23 (a.k.a. ARMEE REVOLUTIONAIRE CONGOLAISE; a.k.a. CONGOLESE REVOLUTIONARY ARMY; a.k.a. MARCH 23 MOVEMENT; a.k.a. MOUVEMENT DU 23 MARS), North-Kivu, Congo, Democratic Republic of the; Web site www.m23mars.org [DRCONGO] 16:53 Jan 11, 2013 Jkt 229001 Designation of Individuals Pursuant to Executive Order 13413 Office of Foreign Assets Control, Treasury. ACTION: Notice. AGENCY: The Treasury Department’s Office of Foreign Assets Control (‘‘OFAC’’) is publishing the name of two individuals whose property and interests in property have been blocked pursuant to Executive Order 13413 of October 27, 2006, ‘‘Blocking Property of Certain Persons Contributing to the Conflict in the Democratic Republic of Congo.’’ DATES: The designation by the Director of OFAC of the two individuals identified in this notice, pursuant to Executive Order 13413 of October 27, 2006, was effective on December 18, 2012. SUMMARY: FOR FURTHER INFORMATION CONTACT: Assistant Director for Sanctions Compliance and Evaluation, Office of Foreign Assets Control, Department of the Treasury, Washington, DC 20220, tel.: 202/622–2490. SUPPLEMENTARY INFORMATION: Electronic and Facsimile Availability This document and additional information concerning OFAC are available from OFAC’s Web site (www.treas.gov/ofac) and via facsimile through a 24-hour fax-on demand service, tel.: (202) 622–0077. Background On October 27, 2006, the President signed Executive Order 13413 (the PO 00000 Frm 00068 Fmt 4703 Sfmt 4703 ‘‘Order’’ or ‘‘E.O. 13413’’) pursuant to, inter alia, the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA) and section 5 of the United Nations Participation Act, as amended (22 U.S.C. 287c) (UNPA). In the Order, the President found that the situation in or in relation to the Democratic Republic of the Congo constitutes an unusual and extraordinary threat to the foreign policy of the United States and imposed sanctions, and authorized additional sanctions, to address that threat. Section 1 of the Order blocks, with certain exceptions, all property and interests in property that are in, or thereafter come within, the United States, or within the possession or control of United States persons, of the persons identified by the President in the Annex to the Order, as well as those persons determined by the Secretary of the Treasury, after consultation with the Secretary of State, to meet any of the criteria set forth in subparagraphs (a)(ii)(A)–(a)(ii)(G) of Section 1 of the Order. On December 18, 2012, the Director of OFAC exercised the Secretary of the Treasury’s authority to designate, pursuant to one or more of the criteria set forth in Section 1 of the Order, the two individuals listed below, whose property and interests in property therefore are blocked pursuant to E.O. 13413. The listing of the blocked individuals appears as follows: 1. KAINA, Innocent (a.k.a. KAYNA, Innocent); DOB 1978; POB Bunagana, Rutshuru territory, Democratic Republic of the Congo; Colonel (individual) [DRCONGO] 2. NGARUYE, Baudoin (a.k.a. NGARUYE MPUMURO, Baudouin; a.k.a. NGARUYE WA MYAMURO, Baudoin); DOB 1978; POB Lusamambo, Lubero territory, Democratic Republic of the Congo; Colonel (individual) [DRCONGO] Dated: January 3, 2013. Adam J. Szubin, Director, Office of Foreign Assets Control. [FR Doc. 2013–00547 Filed 1–11–13; 8:45 am] BILLING CODE 4810–AL–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 13920 and 13930 Internal Revenue Service (IRS), Treasury. AGENCY: E:\FR\FM\14JAN1.SGM 14JAN1

Agencies

[Federal Register Volume 78, Number 9 (Monday, January 14, 2013)]
[Notices]
[Pages 2721-2722]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-00549]


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

DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Designation of Entities Pursuant to Executive Order 13413

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Notice.

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

SUMMARY: The Treasury Department's Office of Foreign Assets Control 
(``OFAC'') is publishing the name of two entities whose property and 
interests in property have been blocked pursuant to Executive Order 
13413 of October 27,

[[Page 2722]]

2006, ``Blocking Property of Certain Persons Contributing to the 
Conflict in the Democratic Republic of Congo.''

DATES: The designation by the Director of OFAC of the two entities 
identified in this notice, pursuant to Executive Order 13413 of October 
27, 2006, is effective on January 3, 2013.

FOR FURTHER INFORMATION CONTACT: Assistant Director for Sanctions 
Compliance and Evaluation, Office of Foreign Assets Control, Department 
of the Treasury, Washington, DC 20220, tel.: 202/622-2490.

SUPPLEMENTARY INFORMATION:

Electronic and Facsimile Availability

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

Background

    On October 27, 2006, the President signed Executive Order 13413 
(the ``Order'' or ``E.O. 13413'') pursuant to, inter alia, the 
International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) 
(IEEPA) and section 5 of the United Nations Participation Act, as 
amended (22 U.S.C. 287c) (UNPA). In the Order, the President found that 
the situation in or in relation to the Democratic Republic of the Congo 
constitutes an unusual and extraordinary threat to the foreign policy 
of the United States and imposed sanctions, and authorized additional 
sanctions, to address that threat.
    Section 1 of the Order blocks, with certain exceptions, all 
property and interests in property that are in, or thereafter come 
within, the United States, or within the possession or control of 
United States persons, of the persons identified by the President in 
the Annex to the Order, as well as those persons determined by the 
Secretary of the Treasury, after consultation with the Secretary of 
State, to meet any of the criteria set forth in subparagraphs 
(a)(ii)(A)-(a)(ii)(G) of Section 1 of the Order.
    On January 3, 2013, the Director of OFAC exercised the Secretary of 
the Treasury's authority to designate, pursuant to one or more of the 
criteria set forth in Section 1 of the Order, the two entities listed 
below, whose property and interests in property therefore are blocked 
pursuant to E.O. 13413. The listing of the blocked entities appears as 
follows:
    1. FORCES DEMOCRATIQUES DE LIBERATION DU RWANDA (a.k.a. COMBATANT 
FORCE FOR THE LIBERATION OF RWANDA; a.k.a. DEMOCRATIC FORCES FOR THE 
LIBERATION OF RWANDA; a.k.a. FDLR; a.k.a. ``FOCA''; a.k.a. FORCE 
COMBATTANTE ABACUNGUZI), North and South Kivu, Congo, Democratic 
Republic of the [DRCONGO]
    2. M23 (a.k.a. ARMEE REVOLUTIONAIRE CONGOLAISE; a.k.a. CONGOLESE 
REVOLUTIONARY ARMY; a.k.a. MARCH 23 MOVEMENT; a.k.a. MOUVEMENT DU 23 
MARS), North-Kivu, Congo, Democratic Republic of the; Web site 
www.m23mars.org [DRCONGO]

    Dated: January 3, 2013.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
[FR Doc. 2013-00549 Filed 1-11-13; 8:45 am]
BILLING CODE 4810-AL-P

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.