New England Fishery Management Council; Public Meeting, 14409 [2016-06048]
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Federal Register / Vol. 81, No. 52 / Thursday, March 17, 2016 / Proposed Rules
5318A), grants the Director of FinCEN
the authority, upon finding that
reasonable grounds exist for concluding
that a foreign jurisdiction, foreign
financial institution, class of
transactions, or type of account is of
‘‘primary money laundering concern,’’
to require domestic financial
institutions and financial agencies to
take certain ‘‘special measures’’ to
address the primary money laundering
concern. The special measures
enumerated under Section 311 are
prophylactic safeguards that defend the
U.S. financial system from money
laundering and terrorist financing.
FinCEN may impose one or more of
these special measures in order to
protect the U.S. financial system from
these threats. To that end, special
measures one through four, codified at
31 U.S.C. 5318A(b)(1–4), impose
additional recordkeeping, information
collection, and information reporting
requirements on covered U.S. financial
institutions. The fifth special measure,
codified at 31 U.S.C. 5318A(b)(5),
allows the Director to prohibit or
impose conditions on the opening or
maintaining of correspondent or
payable-through accounts for the
identified institution by U.S. financial
institutions.
Republic of Belarus (‘‘NBRB’’), the
Belarusian central bank and monetary
authority with control over bank
supervision and regulation, revoked the
banking license of InterPay, the
successor of Credex, and delisted
InterPay from the list of banks
published by the NBRB.3 In late January
2016, InterPay was also listed by the
NBRB as being in the process of
bankruptcy and liquidation.4 Because of
the actions taken by the Belarusian
banking authorities and the ongoing
liquidation of InterPay’s assets, InterPay
no longer operates as a foreign financial
institution.
II. The Finding and Notice of Proposed
Rulemaking
[FR Doc. 2016–04413 Filed 3–16–16; 8:45 am]
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A. The Finding and Notice of Proposed
Rulemaking
Based upon review and analysis of
relevant information, consultations with
relevant Federal agencies and
departments, and after consideration of
the factors enumerated in Section 311,
the Director of FinCEN found that
reasonable grounds existed for
concluding that JSC CredexBank
(‘‘Credex’’) was a financial institution of
primary money laundering concern.1
FinCEN published a notice of proposed
rulemaking proposing to impose the
first and fifth special measures on May
30, 2012, pursuant to the authority
under 31 U.S.C. 5318A.2
B. Subsequent Developments
Since FinCEN’s notice of proposed
rulemaking regarding Credex, material
facts regarding the circumstances of the
proposed rulemaking have changed. On
May 8, 2015, the National Bank of the
1 See
2 See
77 FR 31434 (May 25, 2012).
77 FR 31794 (May 30, 2012) (RIN 1506–
AB19).
VerDate Sep<11>2014
16:06 Mar 16, 2016
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III. Withdrawal of the Proposed Rule
For the reasons set forth above,
FinCEN hereby withdraws the May 30,
2012 proposed rule proposing to impose
the first and fifth special measure
authorized by 31 U.S.C. 5318A(b)(5)
regarding Credex/InterPay. FinCEN’s
withdrawal of the proposed rule does
not acknowledge any remedial measure
taken by Credex/InterPay, but results
from the fact that Credex/InterPay no
longer operates as a foreign financial
institution.
Jamal El-Hindi,
Deputy Director, Financial Crimes
Enforcement Network.
DEPARTMENT OF COMMERCE
National Oceanic and Atmospheric
Administration
50 CFR Part 648
RIN 0648–XE502
New England Fishery Management
Council; Public Meeting
National Marine Fisheries
Service (NMFS), National Oceanic and
AGENCY:
3 See Press Release, National Bank of the Republic
of Belarus. About Revocation of the Banking
License from ‘InterPayBank’ Joint Stock Company.
(May 8, 2015). https://www.nbrb.by/Press/
?nId=101&l=en (accessed January 27, 2016); see
also Press Release, National Bank of the Republic
of Belarus. Register of Banking Licenses as at 27
January 2016. (January 27, 2016). https://
www.nbrb.by/engl/system/register.asp (accessed
January 27, 2016).
4 See Press Release, National Bank of the Republic
of Belarus. Information on Banks Under Bankruptcy
or Liquidation in the Republic of Belarus as of
27.01.2016. (accessed January 27, 2016). https://
www.nbrb.by/engl/system/ex-banks.asp (accessed
January 27, 2016).
Frm 00008
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Sfmt 9990
Atmospheric Administration (NOAA),
Commerce.
ACTION:
Notice of a public meeting.
The New England Fishery
Management Council (Council) is
scheduling a public meeting of its
Whiting Committee on April 5, 2016, to
consider actions affecting New England
fisheries in the exclusive economic zone
(EEZ). Recommendations from this
group will be brought to the full Council
for formal consideration and action, if
appropriate.
SUMMARY:
This meeting will be held on
Tuesday, April 5, 2016, at 10 a.m.
DATES:
The meeting will be held at
the Hilton Garden, 1 Thurber Street,
Warwick, RI 02886; telephone: (401)
734–9600; fax: (401) 734–9700.
Council address: New England
Fishery Management Council, 50 Water
Street, Mill 2, Newburyport, MA 01950.
ADDRESSES:
FOR FURTHER INFORMATION CONTACT:
Thomas A. Nies, Executive Director,
New England Fishery Management
Council; telephone: (978) 465–0492.
SUPPLEMENTARY INFORMATION:
BILLING CODE 4810–02–P
PO 00000
14409
Agenda
The Committee will evaluate options
for limited access qualification criteria
for Amendment 22. They will discuss
other potential measures that could
reduce the risk that catches exceed
Annual Catch Limits for ‘choke’ species,
including but not limited to Georges
Bank yellowtail flounder and northern
red hake. The Committee will also
discuss other business as necessary.
Special Accommodations
This meeting is physically accessible
to people with disabilities. Requests for
sign language interpretation or other
auxiliary aids should be directed to
Thomas A. Nies, Executive Director, at
(978) 465–0492, at least 5 days prior to
the meeting date.
Authority: 16 U.S.C. 1801 et seq.
Dated: March 14, 2016.
Tracey L. Thompson,
Acting Director, Office of Sustainable
Fisheries, National Marine Fisheries Service.
[FR Doc. 2016–06048 Filed 3–16–16; 8:45 am]
BILLING CODE 3510–22–P
E:\FR\FM\17MRP1.SGM
17MRP1
Agencies
[Federal Register Volume 81, Number 52 (Thursday, March 17, 2016)]
[Proposed Rules]
[Page 14409]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-06048]
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DEPARTMENT OF COMMERCE
National Oceanic and Atmospheric Administration
50 CFR Part 648
RIN 0648-XE502
New England Fishery Management Council; Public Meeting
AGENCY: National Marine Fisheries Service (NMFS), National Oceanic and
Atmospheric Administration (NOAA), Commerce.
ACTION: Notice of a public meeting.
-----------------------------------------------------------------------
SUMMARY: The New England Fishery Management Council (Council) is
scheduling a public meeting of its Whiting Committee on April 5, 2016,
to consider actions affecting New England fisheries in the exclusive
economic zone (EEZ). Recommendations from this group will be brought to
the full Council for formal consideration and action, if appropriate.
DATES: This meeting will be held on Tuesday, April 5, 2016, at 10 a.m.
ADDRESSES: The meeting will be held at the Hilton Garden, 1 Thurber
Street, Warwick, RI 02886; telephone: (401) 734-9600; fax: (401) 734-
9700.
Council address: New England Fishery Management Council, 50 Water
Street, Mill 2, Newburyport, MA 01950.
FOR FURTHER INFORMATION CONTACT: Thomas A. Nies, Executive Director,
New England Fishery Management Council; telephone: (978) 465-0492.
SUPPLEMENTARY INFORMATION:
Agenda
The Committee will evaluate options for limited access
qualification criteria for Amendment 22. They will discuss other
potential measures that could reduce the risk that catches exceed
Annual Catch Limits for `choke' species, including but not limited to
Georges Bank yellowtail flounder and northern red hake. The Committee
will also discuss other business as necessary.
Special Accommodations
This meeting is physically accessible to people with disabilities.
Requests for sign language interpretation or other auxiliary aids
should be directed to Thomas A. Nies, Executive Director, at (978) 465-
0492, at least 5 days prior to the meeting date.
Authority: 16 U.S.C. 1801 et seq.
Dated: March 14, 2016.
Tracey L. Thompson,
Acting Director, Office of Sustainable Fisheries, National Marine
Fisheries Service.
[FR Doc. 2016-06048 Filed 3-16-16; 8:45 am]
BILLING CODE 3510-22-P