Notice of OFAC Sanctions Actions, 19403-19405 [2018-09300]

Download as PDF 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: http:// 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 daltland on DSKBBV9HB2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 22:14 May 01, 2018 Jkt 244001 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. PO 00000 Frm 00193 Fmt 4703 Sfmt 4703 19403 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 (http:// www.treasury.gov/ofac). E:\FR\FM\02MYN1.SGM 02MYN1 19404 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. VerDate Sep<11>2014 22:14 May 01, 2018 Jkt 244001 PO 00000 Frm 00194 Fmt 4703 Sfmt 4725 E:\FR\FM\02MYN1.SGM 02MYN1 EN02MY18.001</GPH> daltland on DSKBBV9HB2PROD with NOTICES 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] daltland on DSKBBV9HB2PROD with NOTICES BILLING CODE 4810–AL–C DEPARTMENT OF THE TREASURY Proposed Collections; Comment Requests Departmental Offices, Department of the Treasury. AGENCY: VerDate Sep<11>2014 22:14 May 01, 2018 Jkt 244001 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: PO 00000 Frm 00195 Fmt 4703 Sfmt 4703 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, http:// 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 E:\FR\FM\02MYN1.SGM 02MYN1 EN02MY18.002</GPH> 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]


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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.

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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 (http://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

BILLING CODE 4801-AL-P
[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