Imposition of Sanctions on Three Individuals and Eight Entities Pursuant to Executive Order 13608, 53104-53105 [2014-21225]

Download as PDF 53104 Federal Register / Vol. 79, No. 172 / Friday, September 5, 2014 / Notices Affected Public: Businesses or other for-profit. Estimated Number of Respondents: 61. Estimated Annual Responses per Respondent: 12 per year. Estimated Burden per Response: 430. Estimated Total Annual Burden: 314,760 hours. An agency may not conduct or sponsor, and a respondent is not required to respond to, an information collection unless the information collection displays a currently valid OMB control number. Comments submitted in response to this notice will be summarized and included in the request for OMB approval. All comments 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 OCC, including whether the information shall have practical utility; (b) The accuracy of the OCC’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: August 18, 2014. Stuart E. Feldstein, Director, Legislative & Regulatory Activities Division. [FR Doc. 2014–21128 Filed 9–4–14; 8:45 am] BILLING CODE 4810–33–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control Imposition of Sanctions on Three Individuals and Eight Entities Pursuant to Executive Order 13608 Office of Foreign Assets Control, Treasury. ACTION: Notice. rmajette on DSK2TPTVN1PROD with NOTICES SUB-AGENCY: The Treasury Department’s Office of Foreign Assets Control (‘‘OFAC’’) is providing notice of actions taken by OFAC with respect to three individuals and eight entities to impose sanctions pursuant to Executive Order 13608 of May 1, 2012, ‘‘Prohibiting Certain Transactions With and SUMMARY: VerDate Mar<15>2010 14:29 Sep 04, 2014 Jkt 232001 Suspending Entry Into the United States of Foreign Sanctions Evaders With Respect to Iran and Syria’’ (‘‘E.O. 13608’’). DATES: OFAC’s actions described in this notice to impose sanctions pursuant to E.O. 13608 were effective February 6, 2014. 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.treasury.gov/ofac) or via facsimile through a 24-hour fax-on demand service tel.: (202) 622–0077. Background On May 1, 2012, the President issued Executive Order 13608, ‘‘Prohibiting Certain Transactions With and Suspending Entry Into the United States of Foreign Sanctions Evaders With Respect to Iran and Syria’’ (‘‘E.O. 13608’’). Section 1(a)(ii) of E.O. 13608 authorizes the Secretary of the Treasury, in consultation with the Secretary of State, to impose on a foreign person certain measures upon determining that the foreign person has, inter alia, ‘‘facilitated deceptive transactions for or on behalf of any person subject to United States sanctions concerning Iran or Syria.’’ Section 7(d) of E.O. 13608 defines the term ‘‘deceptive transaction’’ to mean ‘‘any transaction where the identity of any person subject to United States sanctions concerning Iran or Syria is withheld or obscured from other participants in the transaction or any relevant regulatory authorities.’’ Section 1(b) of E.O. 13608 authorizes the Secretary of the Treasury to prohibit all transactions or dealings involving such persons sanctioned under E.O. 13608 in or related to any goods, services, or technology (i) in or intended for the United States, or (ii) provided by or to United States persons, wherever located. These prohibitions cover the aforementioned transactions or dealings, but do not require the blocking of property or interests in property of the person sanctioned pursuant to E.O. 13608. On February 6, 2014, the Director of OFAC, acting pursuant to delegated authority, imposed sanctions on the individuals and entities listed below and prohibited all transactions or PO 00000 Frm 00090 Fmt 4703 Sfmt 4703 dealings involving those individuals and entities, as described in Section 1(b) of E.O. 13608. Individuals 1. FARSOUDEH, Houshang (a.k.a. FARSOUDEH, Houshang Hossein; a.k.a. FARSOUDEH, Hushang); DOB 10 Oct 1968; POB Tehran, Iran; Passport H2726141 (Iran) (individual) [FSE–IR]. 2. HOSSEINPOUR, Houshang (a.k.a. HOSEIN–PUR, Houshang; a.k.a. HOSSEINPOUR, Houshang Shahali); DOB 21 Mar 1967; POB Tehran, Iran; Passport R17550559 (Iran) expires 11 Jul 2015 (individual) [FSE–IR]. 3. NAYEBI, Pourya (a.k.a. NAYEBI, Pourya Ali Asghar); DOB 25 Jul 1974; POB Tehran, Iran; Passport V11664675 (Iran) expires 07 Aug 2012 (individual) [FSE– IR]. Entities 1. CAUCASUS ENERGY (a.k.a. CAUCASUS ENERGY OF GEORGIA; a.k.a. LLC CAUCASUS ENERGY), Georgia; Registration ID 406075081 [FSE–IR]. 2. EUROPEAN OIL TRADERS (a.k.a. EUROPEAN OIL TRADERS SA), Kaiserstuhlerstrasse 81, 8175, Windlach, Switzerland; 8174 Stadel b., Niederglatt, Switzerland [FSE–IR]. 3. GEORGIAN BUSINESS DEVELOPMENT (a.k.a. GBD FIZ; a.k.a. GBD FIZ LIMITED; a.k.a. GBD FIZ, LLC), Tbilisi, Georgia; Plot 545, Unit 1B–8D, Free Industrial Zone, Poti, Georgia; Deira, Dubai, United Arab Emirates [FSE–IR]. 4. GREAT BUSINESS DEALS, Tbilisi, Georgia; Plot 545, Unit 1B–8D, Free Industrial Zone, Poti, Georgia; Deira, Dubai, United Arab Emirates [FSE–IR]. 5. KSN FOUNDATION, Muehleholz 3, Vaduz 94490, Liechtenstein [FSE–IR]. 6. NEW YORK GENERAL TRADING (a.k.a. ‘‘NYGT’’), No. 815, Al Maktoum Building, Al Maktoum St, P.O. Box 42108, Deira, Dubai, United Arab Emirates; Registration ID 547066 [FSE– IR]. 7. NEW YORK MONEY EXCHANGE (a.k.a. ‘‘NYME’’), P.O. Box 85334, Dubai, United Arab Emirates; Shop 14, Al MM Tower, Al Maktoum St, Dubai, United Arab Emirates; P.O. Box 31138, Abu Dhabi, United Arab Emirates; P.O. Box 42108, Dubai, United Arab Emirates; 20 Rustaveli Avenue, Tbilisi, Georgia; Tbilisi International Airport, Tbilisi, Georgia; Batumi Airport, Batumi, Georgia; Commercial Registry Number 549905 (United Arab Emirates) [FSE–IR]. 8. ORCHIDEA GULF TRADING (a.k.a. ORCHIDEA GULF EXCHANGE TRADING CO L; a.k.a. ORCHIDEA GULF TRADING ALTIN VE KIYMELTI MADENLER DIS TIC LTD STI; a.k.a. ‘‘ORCHIDEA GENERAL TRADING LLC’’; a.k.a. ‘‘ORCHIDEA GULF COAST TRADING CO L’’), P.O. Box 11254, Dubai, United Arab Emirates; P.O. Box 11254, 6305 Zinath Omar Kin Khatab, Dubai, United Arab Emirates; P.O. Box 11256 Zinath Omar Kin Khatab, Dubai, United Arab Emirates; P.O. Box 6305 E:\FR\FM\05SEN1.SGM 05SEN1 Federal Register / Vol. 79, No. 172 / Friday, September 5, 2014 / Notices Zinath Omar Kin Khatab, Dubai, United Arab Emirates; P.O. Box 85334, Dubai, United Arab Emirates; P.O. Box 85334, Office Number 605, Concord Hotel, Al Matoum Street, Dubai, United Arab Emirates; Molla Gurani Mahallesi Sehit Pilot Nedim Sok. Evirgenler Ish, 5/5, Istanbul, Turkey [FSE–IR]. The Director of OFAC has prohibited all transactions or dealings involving the individuals and entities listed above in or related to any goods, services, or technology (i) in or intended for the United States, or (ii) provided by or to United States persons, wherever located. The individuals and entities listed above have been added to OFAC’s List of Foreign Sanctions Evaders with the identifying tag ‘‘FSE–IR.’’ Dated: July 18, 2014. Barbara C. Hammerle, Acting Director, Office of Foreign Assets Control. [FR Doc. 2014–21225 Filed 9–4–14; 8:45 am] BILLING CODE 4810–AL–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control OFAC Implementation of Certain Sanctions Imposed on KISH PROTECTION & INDEMNITY and CENTRAL INSURANCE OF IRAN by the Secretary of State Pursuant to the Iran Threat Reduction and Syria Human Rights Act of 2012 Office of Foreign Assets Control, Treasury. AGENCY: ACTION: Notice. The Treasury Department’s Office of Foreign Assets Control (‘‘OFAC’’) is providing notice of actions taken by OFAC to implement certain of the sanctions imposed on KISH PROTECTION & INDEMNITY and CENTRAL INSURANCE OF IRAN by the Secretary of State pursuant to the Iran Threat Reduction and Syria Human Rights Act of 2012 (Pub. L. 112–158) (22 U.S.C. 8701–8795). SUMMARY: OFAC’s actions described in this notice to implement the sanctions on KISH PROTECTION & INDEMNITY and CENTRAL INSURANCE OF IRAN were effective March 14, 2013. rmajette on DSK2TPTVN1PROD with NOTICES DATES: 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: VerDate Mar<15>2010 14:29 Sep 04, 2014 Jkt 232001 Electronic and Facsimile Availability This document and additional information concerning OFAC are available from OFAC’s Web site (www.treasury.gov/ofac) or via facsimile through a 24-hour fax-on demand service tel.: (202) 622–0077. Background Section 212 of the Iran Threat Reduction and Syria Human Rights Act of 2012 (Pub. L. 112–158) (22 U.S.C. 8701–8795) (‘‘TRA’’) requires the Secretary of State, pursuant to authority delegated by the President, to impose or waive sanctions on persons determined to have knowingly provided, on or after the date of enactment of the TRA, underwriting services or insurance or reinsurance services for the National Iranian Oil Company, the National Iranian Tanker Company, or a successor entity to either such company. When the Secretary of State imposes sanctions pursuant to section 212 of the TRA, he is required to select five or more of the sanctions described in section 6(a) of the Iran Sanctions Act of 1996 (Pub. L. 104–172) (50 U.S.C. 1701 note), as amended (‘‘ISA’’). Executive Order 13628 of October 9, 2012, ‘‘Authorizing the Implementation of Certain Sanctions Set Forth in the Iran Threat Reduction and Syria Human Rights Act of 2012 and Additional Sanctions With Respect to Iran’’ (‘‘E.O. 13628’’), requires the Secretary of the Treasury, pursuant to authority under the International Emergency Economic Powers Act (50 U.S.C. 1701–1706), to implement certain sanctions set forth in section 6 of ISA, when those sanctions are selected and imposed by the Secretary of State pursuant to the TRA. The Secretary of the Treasury is responsible for implementing the following sanctions described in section 6(a) of ISA and imposed by the Secretary of State pursuant to section 212 of the TRA: (i) With respect to section 6(a)(3) of ISA, to prohibit any U.S. financial institution from making loans or providing credits to a person sanctioned under section 212 of the TRA, consistent with section 6(a)(3) of ISA; (ii) with respect to section 6(a)(6) of ISA, to prohibit any transactions in foreign exchange that are subject to the jurisdiction of the United States and in which a person sanctioned under section 212 of the TRA has any interest; (iii) with respect to section 6(a)(7) of ISA, to prohibit any transfers of credit or payments between financial institutions or by, through, or to any financial institution, to the extent that such transfers or payments are subject to the jurisdiction of the United States and PO 00000 Frm 00091 Fmt 4703 Sfmt 4703 53105 involved any interest of a person sanctioned under section 212 of the TRA; (iv) with respect to section 6(a)(8) of ISA, to block all property and interests in property that are in the United States, that come within the United States, or that are or come within the possession or control of any United States person, including any foreign branch, of a person sanctioned under section 212 of the TRA, and to provide that such property and interests in property may not be transferred, paid, exported, withdrawn, or otherwise dealt in; (v) with respect to section 6(a)(9) of ISA, to prohibit any United States person from investing in or purchasing significant amounts of equity or debt instruments of a person sanctioned under section 212 of the TRA; (vi) with respect to section 6(a)(11) of ISA, to impose on the principal executive officer or officers, or persons performing similar functions and with similar authorities, of a person sanctioned under section 212 of the TRA the sanctions described in paragraphs (i) through (v) above and (vii) below, as selected by the Secretary of State; and (vii) with respect to section 6(a)(12) of ISA, to restrict or prohibit imports of goods, technology, or services, directly or indirectly, into the United States from a person sanctioned under section 212 of the TRA. The Secretary of State has imposed sanctions on two persons pursuant to section 212 of the TRA. See 78 FR 21183 (April 9, 2013), which provides the names of the two persons subject to sanctions, as well as a complete list of the sanctions imposed on each person. Accordingly, the Director of OFAC, acting pursuant to delegated authority, has taken the actions described below to implement those sanctions set forth in section 1 of E.O. 13628 and imposed by the Secretary of State pursuant to section 212 of the TRA with respect to the following persons: 1. KISH PROTECTION & INDEMNITY (a.k.a. KISH MUTUAL PROTECTION & INDEMNITY; a.k.a. KISH P&I), Flt No. 9, No. 78, Vaali Nejad Alley, Africa Blvd., Tehran, Iran [IRAN–TRA] 2. CENTRAL INSURANCE OF IRAN (a.k.a. BIMEH MARKAZI; a.k.a. BIMEH MARKAZI IRAN; a.k.a. CENTRAL INSURANCE OF IR IRAN; a.k.a. CENTRAL INSURANCE OF THE ISLAMIC REPUBLIC OF IRAN), No. 223 N. East St., Africa Ave., Tehran, Iran [IRAN– TRA] The Director of OFAC has: (a) Blocked all property and interests in property that are in the United States, that come within the United States, or that are or come within the possession or control of any United States person, including any overseas branch, of the two entities E:\FR\FM\05SEN1.SGM 05SEN1

Agencies

[Federal Register Volume 79, Number 172 (Friday, September 5, 2014)]
[Notices]
[Pages 53104-53105]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-21225]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Imposition of Sanctions on Three Individuals and Eight Entities 
Pursuant to Executive Order 13608

SUB-AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Notice.

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SUMMARY: The Treasury Department's Office of Foreign Assets Control 
(``OFAC'') is providing notice of actions taken by OFAC with respect to 
three individuals and eight entities to impose sanctions pursuant to 
Executive Order 13608 of May 1, 2012, ``Prohibiting Certain 
Transactions With and Suspending Entry Into the United States of 
Foreign Sanctions Evaders With Respect to Iran and Syria'' (``E.O. 
13608'').

DATES: OFAC's actions described in this notice to impose sanctions 
pursuant to E.O. 13608 were effective February 6, 2014.

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.treasury.gov/ofac) or via facsimile 
through a 24-hour fax-on demand service tel.: (202) 622-0077.

Background

    On May 1, 2012, the President issued Executive Order 13608, 
``Prohibiting Certain Transactions With and Suspending Entry Into the 
United States of Foreign Sanctions Evaders With Respect to Iran and 
Syria'' (``E.O. 13608''). Section 1(a)(ii) of E.O. 13608 authorizes the 
Secretary of the Treasury, in consultation with the Secretary of State, 
to impose on a foreign person certain measures upon determining that 
the foreign person has, inter alia, ``facilitated deceptive 
transactions for or on behalf of any person subject to United States 
sanctions concerning Iran or Syria.''
    Section 7(d) of E.O. 13608 defines the term ``deceptive 
transaction'' to mean ``any transaction where the identity of any 
person subject to United States sanctions concerning Iran or Syria is 
withheld or obscured from other participants in the transaction or any 
relevant regulatory authorities.''
    Section 1(b) of E.O. 13608 authorizes the Secretary of the Treasury 
to prohibit all transactions or dealings involving such persons 
sanctioned under E.O. 13608 in or related to any goods, services, or 
technology (i) in or intended for the United States, or (ii) provided 
by or to United States persons, wherever located. These prohibitions 
cover the aforementioned transactions or dealings, but do not require 
the blocking of property or interests in property of the person 
sanctioned pursuant to E.O. 13608.
    On February 6, 2014, the Director of OFAC, acting pursuant to 
delegated authority, imposed sanctions on the individuals and entities 
listed below and prohibited all transactions or dealings involving 
those individuals and entities, as described in Section 1(b) of E.O. 
13608.

Individuals

1. FARSOUDEH, Houshang (a.k.a. FARSOUDEH, Houshang Hossein; a.k.a. 
FARSOUDEH, Hushang); DOB 10 Oct 1968; POB Tehran, Iran; Passport 
H2726141 (Iran) (individual) [FSE-IR].
2. HOSSEINPOUR, Houshang (a.k.a. HOSEIN-PUR, Houshang; a.k.a. 
HOSSEINPOUR, Houshang Shahali); DOB 21 Mar 1967; POB Tehran, Iran; 
Passport R17550559 (Iran) expires 11 Jul 2015 (individual) [FSE-IR].
3. NAYEBI, Pourya (a.k.a. NAYEBI, Pourya Ali Asghar); DOB 25 Jul 
1974; POB Tehran, Iran; Passport V11664675 (Iran) expires 07 Aug 
2012 (individual) [FSE-IR].

Entities

1. CAUCASUS ENERGY (a.k.a. CAUCASUS ENERGY OF GEORGIA; a.k.a. LLC 
CAUCASUS ENERGY), Georgia; Registration ID 406075081 [FSE-IR].
2. EUROPEAN OIL TRADERS (a.k.a. EUROPEAN OIL TRADERS SA), 
Kaiserstuhlerstrasse 81, 8175, Windlach, Switzerland; 8174 Stadel 
b., Niederglatt, Switzerland [FSE-IR].
3. GEORGIAN BUSINESS DEVELOPMENT (a.k.a. GBD FIZ; a.k.a. GBD FIZ 
LIMITED; a.k.a. GBD FIZ, LLC), Tbilisi, Georgia; Plot 545, Unit 1B-
8D, Free Industrial Zone, Poti, Georgia; Deira, Dubai, United Arab 
Emirates [FSE-IR].
4. GREAT BUSINESS DEALS, Tbilisi, Georgia; Plot 545, Unit 1B-8D, 
Free Industrial Zone, Poti, Georgia; Deira, Dubai, United Arab 
Emirates [FSE-IR].
5. KSN FOUNDATION, Muehleholz 3, Vaduz 94490, Liechtenstein [FSE-
IR].
6. NEW YORK GENERAL TRADING (a.k.a. ``NYGT''), No. 815, Al Maktoum 
Building, Al Maktoum St, P.O. Box 42108, Deira, Dubai, United Arab 
Emirates; Registration ID 547066 [FSE-IR].
7. NEW YORK MONEY EXCHANGE (a.k.a. ``NYME''), P.O. Box 85334, Dubai, 
United Arab Emirates; Shop 14, Al MM Tower, Al Maktoum St, Dubai, 
United Arab Emirates; P.O. Box 31138, Abu Dhabi, United Arab 
Emirates; P.O. Box 42108, Dubai, United Arab Emirates; 20 Rustaveli 
Avenue, Tbilisi, Georgia; Tbilisi International Airport, Tbilisi, 
Georgia; Batumi Airport, Batumi, Georgia; Commercial Registry Number 
549905 (United Arab Emirates) [FSE-IR].
8. ORCHIDEA GULF TRADING (a.k.a. ORCHIDEA GULF EXCHANGE TRADING CO 
L; a.k.a. ORCHIDEA GULF TRADING ALTIN VE KIYMELTI MADENLER DIS TIC 
LTD STI; a.k.a. ``ORCHIDEA GENERAL TRADING LLC''; a.k.a. ``ORCHIDEA 
GULF COAST TRADING CO L''), P.O. Box 11254, Dubai, United Arab 
Emirates; P.O. Box 11254, 6305 Zinath Omar Kin Khatab, Dubai, United 
Arab Emirates; P.O. Box 11256 Zinath Omar Kin Khatab, Dubai, United 
Arab Emirates; P.O. Box 6305

[[Page 53105]]

Zinath Omar Kin Khatab, Dubai, United Arab Emirates; P.O. Box 85334, 
Dubai, United Arab Emirates; P.O. Box 85334, Office Number 605, 
Concord Hotel, Al Matoum Street, Dubai, United Arab Emirates; Molla 
Gurani Mahallesi Sehit Pilot Nedim Sok. Evirgenler Ish, 5/5, 
Istanbul, Turkey [FSE-IR].

The Director of OFAC has prohibited all transactions or dealings 
involving the individuals and entities listed above in or related to 
any goods, services, or technology (i) in or intended for the United 
States, or (ii) provided by or to United States persons, wherever 
located. The individuals and entities listed above have been added to 
OFAC's List of Foreign Sanctions Evaders with the identifying tag 
``FSE-IR.''

    Dated: July 18, 2014.
Barbara C. Hammerle,
Acting Director, Office of Foreign Assets Control.
[FR Doc. 2014-21225 Filed 9-4-14; 8:45 am]
BILLING CODE 4810-AL-P

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