Notice of OFAC Sanctions Actions, 19403-19405 [2018-09300]
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Federal Register / Vol. 83, No. 85 / Wednesday, May 2, 2018 / Notices
FinCEN, a bureau of the U.S.
Department of the Treasury
(‘‘Treasury’’), invites all interested
parties to comment on the Bank Secrecy
Act (‘‘BSA’’) regulations implemented
pursuant to section 104(e) of the
Comprehensive Iran Sanctions,
Accountability, and Divestment Act of
2010 (‘‘CISADA’’) and consistent with
its statutory mission under 31 U.S.C.
310. FinCEN is proposing to renew this
information collection without change.
The rule requires a U.S. bank that
maintains a correspondent account for a
foreign bank to inquire of the foreign
bank, and report to FinCEN upon
written request, certain information
with respect to transactions or other
financial services provided by that
foreign bank.
DATES: Written comments should be
received on or before July 2, 2018 to be
assured of consideration.
ADDRESSES: Comments may be
submitted by any of the following
methods:
• Federal E-rulemaking Portal: https://
www.regulations.gov. Follow the
instructions for submitting comments.
Refer to Docket Number FINCEN–2018–
0002 and the OMB control number
1506–0066.
• Mail: Policy Division, Financial
Crimes Enforcement Network, P.O. Box
39, Vienna, VA 22183. Refer to Docket
Number FINCEN–2018–0002 and the
OMB control number 1506–0066. Please
submit comments by one method only
(electronically preferred). All comments
submitted in response to this notice will
become a matter of public record.
Comments will also be incorporated to
FinCEN’s retrospective regulatory
review process, as mandated by E.O.
12866 and 13563. Therefore, you should
submit only information that you wish
to make publicly available.
FOR FURTHER INFORMATION CONTACT: The
FinCEN Resource Center at 800–767–
2825 or electronically at frc@fincen.gov.
SUPPLEMENTARY INFORMATION: The BSA,
Titles I and II of Public Law 91–508, as
amended, codified at 12 U.S.C. 1829(b),
12 U.S.C.1951–1959, and 31 U.S.C. et
seq., authorizes the Secretary of the
Treasury (‘‘the Secretary’’), inter alia, to
issue regulations requiring records and
reports that are determined to have a
high degree of usefulness in criminal,
tax, and regulatory matters. Title III of
the U.S.A. PATRIOT Act of 2001, Public
Law 107–56, included certain
amendments to the anti-money
laundering provisions of Title II of the
BSA, 31 U.S.C. 5311 et seq., which are
intended to aid in the prevention,
detection, and prosecution of
international money laundering and
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SUMMARY:
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terrorist financing. Regulations
implementing Title II of the BSA appear
at 31 CFR Chapter X. The Secretary’s
authority to administer Title II of the
BSA has been delegated to the Director
of FinCEN. The information collected
and retained under the regulation
addressed in this notice assists Federal,
state, and local law enforcement, as well
as regulatory authorities in the
identification, investigation, and
prosecution of money laundering and
other matters.
Title: CISADA Reporting
Requirements—31 CFR 1060.300.
OMB Number: 1506–0066.
Current Action: Renewal without
change to the existing regulations.
Type of Review: Extension of
currently approved reporting
requirements.
Affected Public: Banks as defined in
31 CFR 1010.100(d).
Frequency: As required.
Estimated Number of Respondents:
There are approximately 350 potential
respondents. It is estimated that, if
contacted, 250 of these respondents will
respond indicating they maintain no
accounts subject to reporting pursuant
to the CISADA requirements.1
Estimated Time per Respondent:
Response by the 250 banks is estimated
to require 30 minutes per response for
a total of 125 hours. It is estimated that
the remaining 100 banks will provide
approximately 900 responses, each
response requiring 3 hours for a total of
2700 hours.
Estimated Total Annual Burden
Hours: 2825 hours.
The following paragraph applies to
the recordkeeping requirements
addressed in this notice. An agency may
not conduct or sponsor, and a person is
not required to respond to, a collection
of information unless the collection of
information displays a valid OMB
control number. Records required to be
retained under the BSA must be
retained for five years. Generally,
information collected pursuant to the
BSA is confidential, but may be shared
as provided by law with regulatory and
law enforcement authorities.
Request for Comments: Comments
submitted in response to this notice will
be summarized and/or included in the
request for OMB approval. All
comments will 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
agency, including whether the
1 Please note that U.S. banks are only required to
report this information to FinCEN upon receiving
a specific written request from FinCEN.
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information shall have 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 of
information 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.
Jamal El Hindi,
Deputy Director, Financial Crimes
Enforcement Network.
[FR Doc. 2018–09267 Filed 5–1–18; 8:45 am]
BILLING CODE 4810–02–P
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
Notice of OFAC Sanctions Actions
Office of Foreign Assets
Control, Department of the Treasury.
ACTION: Notice.
AGENCY:
The U.S. Department of the
Treasury’s Office of Foreign Assets
Control (OFAC) is publishing the names
of persons that have been placed on
OFAC’s Specially Designated Nationals
and Blocked Persons List based on
OFAC’s determination that one or more
applicable legal criteria were satisfied.
All property and interests in property
subject to U.S. jurisdiction of these
persons are blocked, and U.S. persons
are generally prohibited from engaging
in transactions with them.
DATES: See SUPPLEMENTARY INFORMATION
section.
FOR FURTHER INFORMATION CONTACT:
OFAC: Associate Director for Global
Targeting, tel.: 202–622–2420; 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 General Counsel: Office of the Chief
Counsel (Foreign Assets Control), tel.:
202–622–2410.
SUPPLEMENTARY INFORMATION:
SUMMARY:
Electronic Availability
The list of Specially Designated
Nationals and Blocked Persons (SDN
List) and additional information
concerning OFAC sanctions programs
are available on OFAC’s website (https://
www.treasury.gov/ofac).
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Federal Register / Vol. 83, No. 85 / Wednesday, May 2, 2018 / Notices
Notice of OFAC Actions
On April 27, 2018, OFAC determined
that the property and interests in
property of the following persons are
blocked under the relevant sanctions
authority listed below.
1. ZHANG, Jian (Chinese Simplified:
Individuals
BILLING CODE 4801–AL–P
51.0!; Chinese Traditional: '*:91), No.
100, North
Hengfeng Road, Shanghai, China; Dezhou, Shandong, China (Chinese Simplified:
)'ifrP, ill*, China; Chinese Traditional: tl{ff;)'ifrP, ill*, China); DOB 22 Nov
tl{ff;
1978;
nationality China; Gender Male; Chinese Commercial Code 1728 1696; Citizen's Card
Number 372426197811220350 (China) (individual) [SDNTK] (Linked To: ZARON
BIO-TECH (ASIA) LIMITED). Designated pursuant to section 805(b)(1) of the
Kingpin Act, 21 U.S.C. section 1904(b)(1), for playing a significant role in
international narcotics trafficking.
2. CHU, Na (Chinese Simplified: 1JJfr]~; Chinese Traditional: 1JJfr]~), Pulandian, Liaoning,
China (Chinese Simplified: iff~ JJ!irtf, JI'T, China; Chinese Traditional:
i-ffjf;;!frtf, :ii
$,China); DOB 09 Nov 1980; Gender Female; Chinese Commercial Code 0443 1226;
Citizen's Card Number 210222198011096648 (China) (individual) [SDNTK].
Designated pursuant to section 805(b)(3) of the Kingpin Act, 21 U.S.C. section
1904(b )(3), for being owned, controlled, or directed by, or acting for or on behalf of,
JianZHANG.
3. CHU, Yeyou (Chinese Simplified: 1JJ~~; Chinese Traditional: 1JJ:*~), Dalian,
Liaoning, China (Chinese Simplified:
rtf, :ii$, China); DOB 01 Feb
:AJ!rtf, JI'T, China; Chinese Traditional: :Ail
1982; Gender Male; Chinese Commercial Code 0443
[SDNTK]. Designated pursuant to section 805(b)(3) of the Kingpin Act, 21 U.S.C.
section 1904(b )(3), for being owned, controlled, or directed by, or acting for or on
behalf of, Jian ZHANG.
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2814 2589; Citizen's Card Number 210222198202016639 (China) (individual)
Entity
1. ZARON BIO–TECH (ASIA)
LIMITED, 20A, Kiu Fu Commercial
Building, 300 Lockhart Road, Wan Chai,
Hong Kong, Hong Kong; Business
Registration Document # 52153976
(Hong Kong); Company Number
1448837 (Hong Kong) [SDNTK] (Linked
To: ZHANG, Jian). Designated pursuant
to section 805(b)(3) of the Kingpin Act,
21 U.S.C. 1904(b)(3), for being owned,
controlled, or directed by, or acting for
or on behalf of, Jian ZHANG.
Dated: April 27, 2018.
John E. Smith,
Director, Office of Foreign Assets Control.
[FR Doc. 2018–09300 Filed 5–1–18; 8:45 am]
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BILLING CODE 4810–AL–C
DEPARTMENT OF THE TREASURY
Proposed Collections; Comment
Requests
Departmental Offices,
Department of the Treasury.
AGENCY:
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Notice and request for
comments.
ACTION:
The Department of the
Treasury, as part of its continuing effort
to reduce paperwork burdens, invites
the general public and other Federal
agencies to comment on the revision of
an information collection that is
proposed for approval by the Office of
Management and Budget. The Office of
International Affairs within the
Department of the Treasury is soliciting
comments concerning Treasury
International Capital Form D, Report of
Holdings of, and Transactions in,
Financial Derivatives Contracts with
Foreign Residents.
DATES: Written comments should be
received on or before July 2, 2018 to be
assured of consideration.
ADDRESSES: Direct all written comments
to Dwight Wolkow, International
Portfolio Investment Data Systems,
Department of the Treasury, Room 5422,
1500 Pennsylvania Avenue NW,
Washington DC 20220. In view of
SUMMARY:
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19405
possible delays in mail delivery, please
also notify Mr. Wolkow by email
(comments2TIC@treasury.gov), FAX
(202–622–2009) or telephone (202–622–
1276).
FOR FURTHER INFORMATION CONTACT:
Copies of the proposed forms and
instructions are available on the
Treasury’s TIC Forms webpage, https://
www.treasury.gov/resource-center/datachart-center/tic/Pages/forms.aspx.
Requests for additional information
should be directed to Mr. Wolkow at
(202) 622–1276.
SUPPLEMENTARY INFORMATION:
Title: Treasury International Capital
Form D, Report of Holdings of, and
Transactions in, Financial Derivatives
Contracts With Foreign Residents.
OMB Control Number: 1505–0199.
Abstract: Form D is part of the
Treasury International Capital (TIC)
reporting system, which is required by
law (22 U.S.C. 286f; 22 U.S.C. 3103; E.O.
10033; 31 CFR 128) for the purpose of
providing timely information on
international capital movements other
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Federal Register / Vol. 83, No. 85 / Wednesday, May 2, 2018 / Notices
Agencies
[Federal Register Volume 83, Number 85 (Wednesday, May 2, 2018)]
[Notices]
[Pages 19403-19405]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-09300]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
Notice of OFAC Sanctions Actions
AGENCY: Office of Foreign Assets Control, Department of the Treasury.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The U.S. Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing the names of persons that have been placed
on OFAC's Specially Designated Nationals and Blocked Persons List based
on OFAC's determination that one or more applicable legal criteria were
satisfied. All property and interests in property subject to U.S.
jurisdiction of these persons are blocked, and U.S. persons are
generally prohibited from engaging in transactions with them.
DATES: See SUPPLEMENTARY INFORMATION section.
FOR FURTHER INFORMATION CONTACT:
OFAC: Associate Director for Global Targeting, tel.: 202-622-2420;
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 General Counsel: Office of
the Chief Counsel (Foreign Assets Control), 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 on OFAC's website (https://www.treasury.gov/ofac).
[[Page 19404]]
Notice of OFAC Actions
On April 27, 2018, OFAC determined that the property and interests
in property of the following persons are blocked under the relevant
sanctions authority listed below.
Individuals
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[GRAPHIC] [TIFF OMITTED] TN02MY18.001
[[Page 19405]]
[GRAPHIC] [TIFF OMITTED] TN02MY18.002
Entity
1. ZARON BIO-TECH (ASIA) LIMITED, 20A, Kiu Fu Commercial Building,
300 Lockhart Road, Wan Chai, Hong Kong, Hong Kong; Business
Registration Document # 52153976 (Hong Kong); Company Number 1448837
(Hong Kong) [SDNTK] (Linked To: ZHANG, Jian). Designated pursuant to
section 805(b)(3) of the Kingpin Act, 21 U.S.C. 1904(b)(3), for being
owned, controlled, or directed by, or acting for or on behalf of, Jian
ZHANG.
Dated: April 27, 2018.
John E. Smith,
Director, Office of Foreign Assets Control.
[FR Doc. 2018-09300 Filed 5-1-18; 8:45 am]
BILLING CODE 4810-AL-C