Sanctions Actions Pursuant to Executive Order 13581, 47603 [2017-22097]

Download as PDF Federal Register / Vol. 82, No. 196 / Thursday, October 12, 2017 / Notices remain in effect and will continue to apply to deposit advance products.3 The OCC continues to support and encourage banks and savings associations to develop and use innovative products to meet customers’ short-term, small-dollar credit needs and will continue to ensure that banks that choose to offer this type of product do so responsibly. In providing deposit advance products and other short-term, small-dollar loans, banks should be guided by basic principles of prudent underwriting and risk management as well as fair and inclusive treatment of customers. In particular, banks should consider the following core principles when offering innovative, short-term, small-dollar loan products: • All bank products should be consistent with safe and sound banking, treat customers fairly, and comply with applicable laws and regulations. • Banks should effectively manage the risks associated with the products they offer, including credit, operational, compliance, and reputation. • All credit products should be underwritten based on reasonable policies and practices, including guidelines governing the amounts borrowed, frequency of borrowing, and repayment requirements. OCC examiners will continue to assess how banks offer short-term, small-dollar loan products, including whether management oversight is appropriate, whether risks posed by third-party relationships are appropriately managed, and whether the product complies with applicable federal consumer protection statutes. The OCC will take appropriate action to address any unsafe or unsound banking practice or violations of law associated with these products. Dated: October 5, 2017. Keith A. Noreika, Acting Comptroller of the Currency. asabaliauskas on DSKBBXCHB2PROD with NOTICES BILLING CODE 4810–33–P 3 See, e.g., Advisory Letter 2000–7, ‘‘Abusive Lending Practices’’; Comptroller’s Handbook, ‘‘Deposit-Related Credit’’ (underwriting, credit administration, management oversight); OCC Bulletin 2010–16, ‘‘Guidance for Evaluating Capital Planning and Adequacy’’ (capital planning); OCC Bulletin 2001–37, ‘‘ALLL Methodologies and Documentation’’ (ALLL); OCC Bulletin 2013–29, ‘‘Third-Party Relationships: Risk Management Guidance,’’ as supplemented by OCC Bulletin 2017–21, ‘‘Third-Party Relationships: Frequently Asked Questions to Supplement OCC Bulletin 2013–29.’’ The ‘‘Deposit-Related Credit’’ booklet, which provides guidance to and procedures for examiners, will be revised to remove references to the Guidance. VerDate Sep<11>2014 22:35 Oct 11, 2017 Jkt 244001 DEPARTMENT OF THE TREASURY DEPARTMENT OF THE TREASURY Office of Foreign Assets Control Office of Foreign Assets Control Sanctions Actions Pursuant to Executive Order 13581 Sanctions Actions Pursuant to Executive Order 13581 Office of Foreign Assets Control, Treasury. ACTION: Notice. AGENCY: The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing the name of a person whose property and interests in property have been unblocked pursuant to Executive Order 13581 of July 24, 2011, ‘‘Blocking Property of Transnational Criminal Organizations.’’ DATES: OFAC’s actions described in this notice were effective on June 6, 2017. FOR FURTHER INFORMATION CONTACT: The Department of the Treasury’s Office of Foreign Assets Control: Assistant Director for Licensing, tel.: 202–622– 2480, Assistant Director for Regulatory Affairs, tel.: 202–622–4855, Assistant Director for Sanctions Compliance & Evaluation, tel.: 202–622–2490; or the Department of the Treasury’s Office of the Chief Counsel (Foreign Assets Control), Office of the General Counsel, tel.: 202–622–2410. SUPPLEMENTARY INFORMATION: SUMMARY: AGENCY: SUMMARY: Electronic Availability Office of Foreign Assets Control, Treasury. ACTION: Notice. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing the name of a person whose property and interests in property have been unblocked pursuant to Executive Order 13581 of July 24, 2011, ‘‘Blocking Property of Transnational Criminal Organizations.’’ OFAC’s actions described in this notice were effective on June 21, 2017. DATES: The Department of the Treasury’s Office of Foreign Assets Control: Assistant Director for Licensing, tel.: 202–622– 2480, Assistant Director for Regulatory Affairs, tel.: 202–622–4855, Assistant Director for Sanctions Compliance & Evaluation, tel.: 202–622–2490; or the Department of the Treasury’s Office of the Chief Counsel (Foreign Assets Control), Office of the General Counsel, tel.: 202–622–2410. FOR FURTHER INFORMATION CONTACT: SUPPLEMENTARY INFORMATION: Electronic Availability The list of Specially Designated Nationals and Blocked Persons (SDN List) and additional information concerning OFAC sanctions programs are available from OFAC’s Web site at http://www.treasury.gov/ofac. Notice of OFAC Actions The list of Specially Designated Nationals and Blocked Persons (SDN List) and additional information concerning OFAC sanctions programs are available from OFAC’s Web site at http://www.treasury.gov/ofac. Notice of OFAC Actions On June 6, 2017, OFAC removed from the SDN List the person listed below, whose property and interests in property were blocked pursuant to Executive Order 13581. Individual [FR Doc. 2017–22012 Filed 10–11–17; 8:45 am] 47603 On June 21, 2017, OFAC removed from the SDN List the person listed below, whose property and interests in property were blocked pursuant to Executive Order 13581. Individual 1. BOTTCHER, Monica Elizabete (a.k.a. BOTTCHER, Monica Elizabeth), 45 Knock Rushen, Castletown, Isle of Man IM9 1TQ, United Kingdom; DOB 26 Feb 1973 (individual) [TCO] (Linked To: PACNET BRAZIL; Linked To: PACNET GROUP) 1. DRISCOLL, Mary Ann, Vancouver, British Columbia, Canada; DOB 01 Jun 1950 to 30 Jun 1950; nationality Canada (individual) [TCO] (Linked To: CHEXX INC.; Linked To: INDIAN RIVER (UK) LTD.; Linked To: PACNET GROUP). Dated: June 6, 2017. Andrea Gacki, Acting Director, Office of Foreign Assets Control. Dated: June 21, 2017. Andrea Gacki Acting Director, Office of Foreign Assets Control. Editorial Note: This document was received at the Office of the Federal Register on Friday, October 6, 2017. Editorial Note: This document was received at the Office of the Federal Register on Friday, October 6, 2017. [FR Doc. 2017–22096 Filed 10–11–17; 8:45 am] [FR Doc. 2017–22097 Filed 10–11–17; 8:45 am] BILLING CODE 4810–AL–P BILLING CODE 4810–AL–P PO 00000 Frm 00158 Fmt 4703 Sfmt 9990 E:\FR\FM\12OCN1.SGM 12OCN1

Agencies

[Federal Register Volume 82, Number 196 (Thursday, October 12, 2017)]
[Notices]
[Page 47603]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-22097]


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

DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Sanctions Actions Pursuant to Executive Order 13581

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Notice.

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

SUMMARY: The U.S. Department of the Treasury's Office of Foreign Assets 
Control (OFAC) is publishing the name of a person whose property and 
interests in property have been unblocked pursuant to Executive Order 
13581 of July 24, 2011, ``Blocking Property of Transnational Criminal 
Organizations.''

DATES: OFAC's actions described in this notice were effective on June 
21, 2017.

FOR FURTHER INFORMATION CONTACT: The Department of the Treasury's 
Office of Foreign Assets Control: Assistant Director for Licensing, 
tel.: 202-622-2480, Assistant Director for Regulatory Affairs, tel.: 
202-622-4855, Assistant Director for Sanctions Compliance & Evaluation, 
tel.: 202-622-2490; or the Department of the Treasury's Office of the 
Chief Counsel (Foreign Assets Control), Office of the General Counsel, 
tel.: 202-622-2410.

SUPPLEMENTARY INFORMATION: 

Electronic Availability

    The list of Specially Designated Nationals and Blocked Persons (SDN 
List) and additional information concerning OFAC sanctions programs are 
available from OFAC's Web site at http://www.treasury.gov/ofac.

Notice of OFAC Actions

    On June 21, 2017, OFAC removed from the SDN List the person listed 
below, whose property and interests in property were blocked pursuant 
to Executive Order 13581.

Individual

    1. DRISCOLL, Mary Ann, Vancouver, British Columbia, Canada; DOB 01 
Jun 1950 to 30 Jun 1950; nationality Canada (individual) [TCO] (Linked 
To: CHEXX INC.; Linked To: INDIAN RIVER (UK) LTD.; Linked To: PACNET 
GROUP).

    Dated: June 21, 2017.
Andrea Gacki
Acting Director, Office of Foreign Assets Control.

    Editorial Note: This document was received at the Office of the 
Federal Register on Friday, October 6, 2017.

[FR Doc. 2017-22097 Filed 10-11-17; 8:45 am]
BILLING CODE 4810-AL-P