Culturally Significant Objects Imported for Exhibition Determinations: “Richard Wilson and the Transformation of European Landscape Painting” Exhibition, 9029-9030 [2014-03296]
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Federal Register / Vol. 79, No. 31 / Friday, February 14, 2014 / Notices
LGPC from October 1, 2013 through
December 3, 2013.
FOR FURTHER INFORMATION CONTACT: John
A. Miller, Director, Office of Financial
Program Operations, U.S. Small
Business Administration, 409 Third
Street SW., Washington, DC 20416;
(202) 619–0647.
SUPPLEMENTARY INFORMATION: SBA
implemented a temporary pilot called
the LGPC Emergency Catch-up Pilot that
consisted of a streamlined review
process to address the backlog of
unprocessed 7(a) loan applications at
the LGPC created by the government
shutdown in a manner that expedited
delivery of capital to small businesses.
1. Background
Due to the lapse in appropriations
beginning on October 1, 2013, the LGPC
accumulated a backlog of unprocessed
7(a) loan applications that would have
taken an estimated 6 to 8 weeks to
review under the normal review
process. SBA estimated that
implementation of the streamlined
review process would make it possible
for the LGPC to review the unprocessed
inventory in 3 to 4 weeks in a manner
that did not further delay the delivery
of capital to small businesses and did
not increase SBA’s risk. SBA
determined the streamlined review
performed under the Pilot would have
a negligible effect on potential improper
payments and defaults, as it allowed the
LGPC to match resources to risk by
focusing on higher-risk, high-dollar
applications. Any potential increased
risk to SBA was mitigated through a
robust quality control review process
whereby loans chosen by statistically
valid, random sampling underwent full
quality control reviews.
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2. Standard 7(a) Loan Guaranty
Processing Center (LGPC) Emergency
Catch-up Pilot
Overview
The streamlined review consisted of
(1) a review to verify the completeness
of the application package to ensure the
LGPC had all required forms signed and
completed, the lender’s credit
memorandum, and all other applicable
supporting documentation; (2) a full
eligibility review; and (3) a minimum
threshold credit score. For purposes of
the LGPC Emergency Catch-up Pilot, the
credit score was used as a decision tool
to assess borrower repayment ability in
lieu of analyzing each of the required
elements set forth in 13 CFR 120.150.
The credit score utilized was FICO’s
LiquidCredit, which is calculated based
on a combination of consumer credit
bureau data, business bureau data,
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borrower financial data, and application
data, and is used industry-wide in the
small business lending industry. The
LiquidCredit Score has been in use at
the LGPC since 2007 and is the credit
scoring model used for SBA’s Small
Loan Advantage (SLA) Program. The
minimum credit score required for an
application to qualify for streamlined
review was based on the lower end of
SBA’s current risk profile and was the
minimum score currently used for SLA
applications.
Standard 7(a), SLA, and Certified
Lender Program (CLP) loan applications
of $350,000 or less with LiquidCredit
scores equal to or greater than 140
received in the LGPC from October 1,
2013 through December 3, 2013
qualified for the streamlined review
process. The following applications did
not qualify for the Pilot and underwent
the standard review currently followed
in the LGPC: (1) CAPLine applications;
(2) Community Advantage applications;
(3) applications that had credit scores
below the minimum threshold score of
140; and (4) applications from lenders
with unsatisfactory performance, as
determined by the Office of Credit Risk
Management (OCRM).
SBA will track and monitor the
quality control review results for use in
future analysis to measure the
effectiveness of the Pilot. SBA also will
track and monitor the loans approved
under the Pilot for future analysis in
comparing default rates of loans
approved under the Pilot to similarly
sized loans approved under normal
review procedures in the same
timeframe to determine the effectiveness
of the Pilot.
Regulatory Waivers
Pursuant to the authority provided to
SBA under 13 CFR 120.3 to suspend,
modify or waive certain regulations in
establishing and testing pilot loan
initiatives for a limited period of time,
SBA has waived 13 CFR 120.150, which
defines SBA’s lending criteria for
establishing borrower creditworthiness
and assuring repayment through the
consideration of nine elements. The
waiver of this regulation for loans
processed under the Pilot allowed for
streamlined reviews of qualifying
applications utilizing FICO’s
LiquidCredit Score as a decision tool to
assess borrower repayment ability.
All provisions of the Small Business
Act applicable to the 7(a) loan program
apply to loans made under this Pilot.
Unless waived or modified by this
Notice, all regulations applicable to the
7(a) loan program apply to loans made
under this Pilot. All standard operating
procedures applicable to the 7(a) loan
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9029
program that are not superseded by any
provision of this Notice apply to loans
made under this Pilot.
Authority: 15 U.S.C. 636(a)(25) and 13
CFR 120.3.
Dated: February 10, 2014.
Jeanne A. Hulit,
Acting Administrator.
[FR Doc. 2014–03323 Filed 2–13–14; 8:45 am]
BILLING CODE 8025–01–P
DEPARTMENT OF STATE
[Public Notice 8630]
Culturally Significant Objects Imported
for Exhibition Determinations:
‘‘Richard Wilson and the
Transformation of European
Landscape Painting’’ Exhibition
Notice is hereby given of the
following determinations: Pursuant to
the authority vested in me by the Act of
October 19, 1965 (79 Stat. 985; 22 U.S.C.
2459), Executive Order 12047 of March
27, 1978, the Foreign Affairs Reform and
Restructuring Act of 1998 (112 Stat.
2681, et seq.; 22 U.S.C. 6501 note, et
seq.), Delegation of Authority No. 234 of
October 1, 1999, Delegation of Authority
No. 236–3 of August 28, 2000 (and, as
appropriate, Delegation of Authority No.
257 of April 15, 2003), I hereby
determine that the objects to be
included in the exhibition ‘‘Richard
Wilson and the Transformation of
European Landscape Painting’’
imported from abroad for temporary
exhibition within the United States, are
of cultural significance. The objects are
imported pursuant to loan agreements
with the foreign owners or custodians.
I also determine that the exhibition or
display of the exhibit objects at the Yale
Center for British Art, New Haven, CT,
from on or about March 6, 2014, until
on or about June 1, 2014, and at possible
additional exhibitions or venues yet to
be determined, is in the national
interest. I have ordered that Public
Notice of these Determinations be
published in the Federal Register.
SUMMARY:
For
further information, including a list of
the exhibit objects, contact Julie
Simpson, Attorney-Adviser, Office of
the Legal Adviser, U.S. Department of
State (telephone: 202–632–6467). The
mailing address is U.S. Department of
State, SA–5, L/PD, Fifth Floor (Suite
5H03), Washington, DC 20522–0505.
FOR FURTHER INFORMATION CONTACT:
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Federal Register / Vol. 79, No. 31 / Friday, February 14, 2014 / Notices
Dated: February 7, 2014.
Kelly Keiderling,
Principal Deputy Assistant Secretary, Bureau
of Educational and Cultural Affairs,
Department of State.
[FR Doc. 2014–03296 Filed 2–13–14; 8:45 am]
BILLING CODE 4710–05–P
DEPARTMENT OF STATE
[Public Notice 8631]
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Notice of Closed Meeting of the
Cultural Property Advisory Committee
There will be a closed meeting of the
Cultural Property Advisory Committee
on Thursday, March 13, and Friday,
March 14, 2014, at the Department of
State, Annex 5, 2200 C Street NW.,
Washington, DC.
The Committee will conduct interim
reviews of the Memorandum of
Understanding Between the Government
of the United States of America and the
Government of the Republic of Italy
Concerning the Imposition of Import
Restrictions on Categories of
Archaeological Material Representing
the Pre-Classical, Classical and Imperial
Roman Periods of Italy, and the
Memorandum of Understanding
Between the Government of the United
States of America and the Government
of the Republic of Colombia Concerning
the Imposition of Import Restrictions on
Archaeological Materials from the PreColumbian Cultures and Certain
Ecclesiastical Material from the Colonial
Period of Colombia. Public comment,
oral and written, will be invited at a
time in the future should either or both
of these Memoranda of Understanding
be proposed for extension.
The Committee’s responsibilities are
carried out in accordance with
provisions of the Convention on
Cultural Property Implementation Act
(19 U.S.C. 2601 et seq.). The text of the
Act and Memoranda of Understanding,
as well as related information, may be
found at https://
culturalheritage.state.gov.
This meeting will be closed pursuant
to 5 U.S.C. 552b(c)(9)(B) and 19 U.S.C.
2605(h), the latter of which stipulates
that ‘‘The provisions of the Federal
Advisory Committee Act . . . shall
apply to the [Cultural Property
Advisory] Committee except that the
requirements of subsections (a) and (b)
of section 10 and 11 of such Act
(relating to open meetings, public
notice, public participation, and public
availability of documents) shall not
apply to the Committee, whenever and
to the extent it is determined by the
President or his designee that the
disclosure of matters involved in the
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Committee’s proceedings would
compromise the Government’s
negotiation objectives or bargaining
positions on the negotiations of any
agreement authorized by this title.’’
Pursuant to law, executive order, and
delegation of authority, I have made
such a determination.
Dated: February 7, 2014.
Evan Ryan,
Assistant Secretary, Bureau of Educational
and Cultural Affairs, U.S. Department of
State.
[FR Doc. 2014–03298 Filed 2–13–14; 8:45 am]
BILLING CODE 4710–05–P
DEPARTMENT OF STATE
[Public Notice 8632]
Provision of Certain Temporary
Sanctions Relief
Bureau of Economic and
Business Affairs, Department of State.
ACTION: Notice.
AGENCY:
The United States
Government (USG) is issuing temporary
waivers of certain sanctions to allow for
a discrete range of transactions related
to the provision of satellite connectivity
services to the Islamic Republic of Iran
Broadcasting (IRIB). The USG is issuing
these waivers based on Iran’s
commitment to ensure that harmful
satellite interference does not emanate
from its territory, and verification by the
USG that harmful satellite interference
is not currently emanating from the
territory of Iran.
DATES: The effective dates of these
waiver actions are as described in the
determinations set forth below.
FOR FURTHER INFORMATION CONTACT: On
general issues: John Hughes, Office of
Economic Sanctions Policy and
Implementation, Department of State,
Telephone: (202) 647–7489.
SUPPLEMENTARY INFORMATION: Acting
under the authorities vested in me as
Secretary of State, I hereby make the
following determinations and
certifications:
SUMMARY:
Pursuant to Sections 1244(i), 1245(g),
1246(e), and 1247(f) of the Iran Freedom and
Counter-Proliferation Act of 2012 (subtitle D
of title XII of Public Law 112–239, 22 U.S.C.
8801 et seq.) (IFCA) and the Delegation of
Certain Functions and Authorities under
IFCA, 78 Fed. Reg. 35545 (June 13, 2013), I
determine that it is vital to the national
security of the United States to waive the
imposition of sanctions pursuant to:
1. Section 1244(c)(1) of IFCA 1 to the extent
required for:
1 Pursuant to section 1244(c)(2)(C)(iii) of IFCA,
the relevant sanction in Section 1244(c)(1)
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a. Transactions involving the provision of
ground connectivity services using earth
stations and fiber optic connections outside
of Iran and the provision and management of
satellite capacity for sale or resale to the
Islamic Republic of Iran Broadcasting (IRIB),
where such ground connectivity services and
satellite capacity are to be used for the
provision to Iran of public international
telecommunications services, and;
b. transactions involving the provision of
the following related administrative services
to, or for the benefit of, the IRIB, to the extent
such services are necessary to establish and
maintain ground and satellite connectivity
with IRIB: Standard operational support,
including coordinating with in-country
personnel on matters such as configuring
ground and earth station equipment to access
space segment capacity; marketing services;
billing services; and legal services, and
excluding any transactions involving persons
other than IRIB on the SDN List.
2. Section 1246(a) of IFCA 2 to the extent
required for:
a. Transactions involving the provision of
ground connectivity services using earth
stations and fiber optic connections outside
of Iran and the provision and management of
satellite capacity for sale or resale to the
Islamic Republic of Iran Broadcasting (IRIB),
where such ground connectivity services and
satellite capacity are to be used for the
provision to Iran of public international
telecommunications services, and;
b. transactions involving the provision of
the following related administrative services
to, or for the benefit of, the IRIB, to the extent
such services are necessary to establish and
maintain ground and satellite connectivity
with IRIB: Standard operational support,
including coordinating with in-country
personnel on matters such as configuring
ground and earth station equipment to access
space segment capacity; marketing services;
billing services; and legal services, and
excluding any transactions involving persons
other than IRIB on the SDN List.
3. Section 1247(a) of IFCA 3 to the extent
required for:
a. Transactions involving the provision of
ground connectivity services using earth
continues not to apply, by its terms, in the case of
Iranian financial institutions that have not been
designated for the imposition of sanctions in
connection with Iran’s proliferation of weapons of
mass destruction or delivery systems for weapons
of mass destruction, support for international
terrorism, or abuses of human rights (as described
in section 1244(c)(3)).
2 Pursuant to section 1246(a)(1)(C) of IFCA, the
relevant sanction in Section 1246(a)(1)(C) continues
not to apply, by its terms, in the case of Iranian
financial institutions that have not been designated
for the imposition of sanctions in connection with
Iran’s proliferation of weapons of mass destruction
or delivery systems for weapons of mass
destruction, support for international terrorism, or
abuses of human rights (as described in section
1246(b)).
3 Pursuant to section 1247(a) of IFCA, the relevant
sanction in Section 1247(a) still continues not to
apply, by its terms, in the case of Iranian financial
institutions that have not been designated for the
imposition of sanctions in connection with Iran’s
proliferation of weapons of mass destruction or
delivery systems for weapons of mass destruction,
support for international terrorism, or abuses of
human rights (as described in section 1247(b)).
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[Federal Register Volume 79, Number 31 (Friday, February 14, 2014)]
[Notices]
[Pages 9029-9030]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-03296]
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DEPARTMENT OF STATE
[Public Notice 8630]
Culturally Significant Objects Imported for Exhibition
Determinations: ``Richard Wilson and the Transformation of European
Landscape Painting'' Exhibition
SUMMARY: Notice is hereby given of the following determinations:
Pursuant to the authority vested in me by the Act of October 19, 1965
(79 Stat. 985; 22 U.S.C. 2459), Executive Order 12047 of March 27,
1978, the Foreign Affairs Reform and Restructuring Act of 1998 (112
Stat. 2681, et seq.; 22 U.S.C. 6501 note, et seq.), Delegation of
Authority No. 234 of October 1, 1999, Delegation of Authority No. 236-3
of August 28, 2000 (and, as appropriate, Delegation of Authority No.
257 of April 15, 2003), I hereby determine that the objects to be
included in the exhibition ``Richard Wilson and the Transformation of
European Landscape Painting'' imported from abroad for temporary
exhibition within the United States, are of cultural significance. The
objects are imported pursuant to loan agreements with the foreign
owners or custodians. I also determine that the exhibition or display
of the exhibit objects at the Yale Center for British Art, New Haven,
CT, from on or about March 6, 2014, until on or about June 1, 2014, and
at possible additional exhibitions or venues yet to be determined, is
in the national interest. I have ordered that Public Notice of these
Determinations be published in the Federal Register.
FOR FURTHER INFORMATION CONTACT: For further information, including a
list of the exhibit objects, contact Julie Simpson, Attorney-Adviser,
Office of the Legal Adviser, U.S. Department of State (telephone: 202-
632-6467). The mailing address is U.S. Department of State, SA-5, L/PD,
Fifth Floor (Suite 5H03), Washington, DC 20522-0505.
[[Page 9030]]
Dated: February 7, 2014.
Kelly Keiderling,
Principal Deputy Assistant Secretary, Bureau of Educational and
Cultural Affairs, Department of State.
[FR Doc. 2014-03296 Filed 2-13-14; 8:45 am]
BILLING CODE 4710-05-P
