Notice of OFAC Sanctions Action, 47069-47070 [2019-19243]
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Federal Register / Vol. 84, No. 173 / Friday, September 6, 2019 / Notices
interest, the Allocation Agreement will
contain a covenant to that effect.
In addition to entering into an
Allocation Agreement, each Allocatee
must furnish to the CDFI Fund an
opinion from its legal counsel or a
similar certification, the content of
which will be further specified in the
Allocation Agreement, to include,
among other matters, an opinion that an
Allocatee (and its Subsidiary Allocatees,
if any): (i) Is duly formed and in good
standing in the jurisdiction in which it
was formed and the jurisdiction(s) in
which it operates; (ii) has the authority
to enter into the Allocation Agreement
and undertake the activities that are
specified therein; (iii) has no pending or
threatened litigation that would
materially affect its ability to enter into
and carry out the activities specified in
the Allocation Agreement; and (iv) is
not in default of its articles of
incorporation, bylaws or other
organizational documents, or any
agreements with the Federal
government.
If an Allocatee identifies Subsidiary
Allocatees, the CDFI Fund reserves the
right to require an Allocatee to provide
supporting documentation evidencing
that it Controls such entities prior to
entering into an Allocation Agreement
with the Allocatee and its Subsidiary
Allocatees. The CDFI Fund reserves the
right, in its sole discretion, to rescind its
NMTC Allocation award if the Allocatee
fails to return the Allocation Agreement,
signed by the authorized representative
of the Allocatee, and/or provide the
CDFI Fund with any other requested
documentation, including an approved
legal opinion, within the deadlines set
by the CDFI Fund.
C. Fees: The CDFI Fund reserves the
right, in accordance with applicable
Federal law and, if authorized, to charge
allocation reservation and/or
compliance monitoring fees to all
entities receiving NMTC Allocations.
Prior to imposing any such fee, the CDFI
Fund will publish additional
information concerning the nature and
amount of the fee.
D. Reporting: The CDFI Fund will
collect information, on at least an
annual basis from all Allocatees and/or
CDEs that are recipients of QLICIs,
including such audited financial
statements and opinions of counsel as
the CDFI Fund deems necessary or
desirable, in its sole discretion. The
CDFI Fund will require the Allocatee to
retain information as the CDFI Fund
deems necessary or desirable and shall
provide such information to the CDFI
Fund when requested to monitor each
Allocatee’s compliance with the
provisions of its Allocation Agreement
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16:53 Sep 05, 2019
Jkt 247001
and to assess the impact of the NMTC
Program in Low-Income Communities.
The CDFI Fund may also provide such
information to the IRS in a manner
consistent with IRC § 6103 so that the
IRS may determine, among other things,
whether the Allocatee has used
substantially all of the proceeds of each
QEI raised through its NMTC Allocation
to make QLICIs. The Allocation
Agreement shall further describe the
Allocatee’s reporting requirements.
The CDFI Fund reserves the right, in
its sole discretion, to modify these
reporting requirements if it determines
it to be appropriate and necessary;
however, such reporting requirements
will be modified only after due notice
to Allocatees.
VII. Agency Contacts
The CDFI Fund will provide
programmatic and information
technology support related to the
Allocation Application Mondays
through Fridays, between the hours of
9:00 a.m. and 5:00 p.m. ET through
October 24, 2019. The CDFI Fund will
not respond to phone calls or emails
concerning the application that are
received after 5:00 p.m. ET on October
24, 2019 until after the Allocation
Application deadline of October 28,
2019. Applications and other
information regarding the CDFI Fund
and its programs may be obtained from
the CDFI Fund’s website at https://
www.cdfifund.gov. The CDFI Fund will
post on its website responses to
questions of general applicability
regarding the NMTC Program.
A. Information technology support:
Technical support can be obtained by
calling (202) 653–0422 or by submitting
a Service Request in AMIS. People who
have visual or mobility impairments
that prevent them from accessing the
Low-Income Community maps using the
CDFI Fund’s website should call (202)
653–0422 for assistance. These are not
toll free numbers.
B. Programmatic support: If you have
any questions about the programmatic
requirements of this NOAA, contact the
CDFI Fund’s NMTC Program Manager
by submitting a Service Request in
AMIS; or by telephone at (202) 653–
0421. These are not toll-free numbers.
C. Administrative support: If you have
any questions regarding the
administrative requirements of this
NOAA, contact the CDFI Fund’s NMTC
Program Manager by submitting a
Service Request in AMIS, or by
telephone at (202) 653–0421. These are
not toll free numbers.
D. IRS support: For questions
regarding the tax aspects of the NMTC
Program, contact Jian Grant and James
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47069
Holmes, Office of the Chief Counsel
(Passthroughs and Special Industries),
IRS, by telephone at (202) 317–4137, or
by facsimile at (855) 591–7867. These
are not toll free numbers. Applicants
wishing for a formal ruling request
should see IRS Internal Revenue
Bulletin 2018–1, issued January 2, 2018.
VIII. Information Sessions
In connection with this NOAA, the
CDFI Fund may conduct one or more
information sessions that will be
produced in Washington, DC and
broadcast over the internet via
webcasting as well as telephone
conference calls. For further information
on these upcoming information
sessions, please visit the CDFI Fund’s
website at https://www.cdfifund.gov.
Authority: 26 U.S.C. 45D; 31 U.S.C. 321;
26 CFR 1.45D–1.
Jodie Harris,
Director, Community Development Financial
Institutions Fund.
[FR Doc. 2019–19203 Filed 9–5–19; 8:45 am]
BILLING CODE 4810–70–P
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
Notice of OFAC Sanctions Action
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 an update
to the identifying information of one
person currently included on OFAC’s
list of Specially Designated Nationals
and Blocked Persons.
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; or Assistant
Director for Sanctions Compliance &
Evaluation, tel.: 202–622–2490.
SUPPLEMENTARY INFORMATION:
SUMMARY:
Electronic Availability
The Specially Designated Nationals
and Blocked Persons List (SDN List) and
additional information concerning
OFAC sanctions programs are available
on OFAC’s website (https://
www.treasury.gov/ofac).
Notice of OFAC Action
On September 3, 2019, OFAC updated
the SDN List for the following person,
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47070
Federal Register / Vol. 84, No. 173 / Friday, September 6, 2019 / Notices
whose property and interests in
property continue to be blocked under
the Foreign Narcotics Kingpin
Designation Act.
Individual
1. BELTRAN LEYVA, Alfredo (a.k.a.
BELTRAN LEYVA, Hector Alfredo),
Mexico; DOB 21 Jan 1971; alt. DOB 15
Feb 1951; POB La Palma, Badiriguato,
Sinaloa, Mexico; citizen Mexico;
nationality Mexico; SSN 604–26–2627
(United States) (INDIVIDUAL) [SDNTK].
The listing for the following person
now appear as follows:
1. BELTRAN LEYVA, Alfredo (a.k.a.
BELTRAN LEYVA, Hector Alfredo),
Mexico; DOB 21 Jan 1971; POB La
Palma, Badiraguato, Sinaloa, Mexico;
nationality Mexico; citizen Mexico
(individual) [SDNTK].
Dated: September 3, 2019.
Gregory T. Gatjanis,
Associate Director, Office of Global Targeting.
[FR Doc. 2019–19243 Filed 9–5–19; 8:45 am]
BILLING CODE 4810–AL–P
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
Proposed Collection; Comment
Request for Hizballah Financial
Sanctions Regulations Report on
Closure by U.S. Financial Institutions
of Correspondent Accounts and
Payable-Through Accounts
Office of Foreign Assets
Control, Treasury.
ACTION: Notice and request for
comments.
AGENCY:
The Department of the
Treasury, as part of its continuing effort
to reduce paperwork and respondent
burden, invites the general public and
other Federal agencies to comment on
proposed or continuing information
collections, as required by the
Paperwork Reduction Act of 1995.
Currently, the Office of Foreign Assets
Control (OFAC) within the Department
of the Treasury is soliciting comments
concerning OFAC’s Hizballah Financial
Sanctions Regulations Report on
Closure by U.S. Financial Institutions of
Correspondent Accounts and PayableThrough Accounts.
DATES: Written comments must be
submitted on or before November 5,
2019 to be assured of consideration.
ADDRESSES: You may submit comments
by any of the following methods:
Federal eRulemaking Portal:
www.regulations.gov. Follow the
instructions on the website for
submitting comments. Refer to Docket
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SUMMARY:
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Number OFAC–2019–0004 and the
Office of Management and Budget
(OMB) control number 1505–0255.
Fax: Attn: Request for Comments
(Hizballah Financial Sanctions
Regulations Report on Closure by U.S.
Financial Institutions of Correspondent
Accounts and Payable-Through
Accounts) 202–622–1759.
Mail: Attn: Request for Comments
(Hizballah Financial Sanctions
Regulations Report on Closure by U.S.
Financial Institutions of Correspondent
Accounts and Payable-Through
Accounts), Office of Foreign Assets
Control, Department of the Treasury,
1500 Pennsylvania Avenue NW,
Washington, DC 20220. Refer to Docket
Number OFAC–2019–0004 and the
Office of Management and Budget
(OMB) control number 1505–0255.
Instructions: All submissions received
must include the agency name and the
Federal Register Doc. number that
appears at the end of this document.
Comments received will be made
available to the public via
www.regulations.gov or upon request,
without change and including any
personal information provided.
FOR FURTHER INFORMATION CONTACT:
OFAC: Assistant Director for Licensing,
tel.: 202–622–2480; Assistant Director
for Regulatory Affairs, tel.: 202–622–
4855; or the Assistant Director for
Sanctions Compliance & Evaluation,
tel.: 202–622–2490.
SUPPLEMENTARY INFORMATION:
Title: Hizballah Financial Sanctions
Regulations Report on Closure by U.S.
Financial Institutions of Correspondent
Accounts and Payable-Through
Accounts.
OMB Number: 1505–0255.
Abstract: Section 566.504(b) of the
Hizballah Financial Sanctions
Regulations, 31 CFR part 566 (the HFSR)
provides that a U.S. financial institution
that maintained a correspondent
account or payable-through account for
a foreign financial institution (FFI),
whose name is added to the List of
Foreign Financial Institutions Subject to
Correspondent Account or PayableThrough Account Sanctions (CAPTA)
List 1 (previously the HFSR List) on
OFAC’s website (www.treasury.gov/
1 The CAPTA List, published on March 14, 2019,
is designed to include FFIs subject to correspondent
or payable-through account sanctions pursuant to
sanctions authorities including the Ukraine
Freedom Support Act of 2014, as amended by the
Countering America’s Adversaries Through
Sanctions Act; the North Korea Sanctions
Regulations, 31 CFR part 510; the Iran Freedom and
Counter-Proliferation Act of 2012; the Iranian
Financial Sanctions Regulations, 31 CFR part 561;
the Hizballah Financial Sanctions Regulations, 31
CFR part 566; Executive Order 13846; and
Executive Order 13871.
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Sfmt 4703
ofac) as subject to a prohibition on the
maintaining of such accounts, must file
a report with OFAC that provides full
details on the closing of each such
account within 30 days of the closure of
the account. The report must include
complete information on all transactions
processed or executed through the
account, including the account outside
the United States to which funds
remaining in the account were
transferred. This collection of
information assists in verifying that U.S.
financial institutions are complying
with prohibitions on maintaining
correspondent accounts or payablethrough accounts for FFIs subject to
such prohibitions pursuant to 31 CFR
part 566. The reports will be reviewed
by the U.S. Department of the Treasury
and may be used for compliance, civil
penalty, and enforcement purposes by
the agency.
Current Actions: There are no changes
being made to the information
collection at this time.
Type of Review: Extension without
change of a currently approved
collection.
Affected Public: U.S. financial
institutions operating correspondent
accounts or payable-through accounts
for FFIs.
Estimated Number of Respondents:
The likely respondents and recordkeepers affected by this collection of
information in section 566.504(b) are
U.S. financial institutions operating
correspondent accounts or payable
through accounts for FFIs. Since the
date this reporting requirement was
added to the HFSR (April 15, 2016)
through the current reporting period,
OFAC has added no names related to
the HFSR to the CAPTA List; therefore,
the number of respondents to this
collection remains zero. For future
notices, OFAC will continue to report
retrospectively on the number of
respondents during the reporting
period.
Estimated Time per Respondent: 2
hours per response.
Estimated Total Annual Burden
Hours: While no responses are expected,
an estimate of 1 response (2 hours) is
being included to account for the
possibility that someone could have to
provide a notification in the future.
Request for Comments
Comments submitted in response to
this notice will be summarized 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
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Agencies
[Federal Register Volume 84, Number 173 (Friday, September 6, 2019)]
[Notices]
[Pages 47069-47070]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-19243]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
Notice of OFAC Sanctions Action
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 an update to the identifying information
of one person currently included on OFAC's list of Specially Designated
Nationals and Blocked Persons.
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; or Assistant Director for Sanctions Compliance & Evaluation,
tel.: 202-622-2490.
SUPPLEMENTARY INFORMATION:
Electronic Availability
The Specially Designated Nationals and Blocked Persons List (SDN
List) and additional information concerning OFAC sanctions programs are
available on OFAC's website (https://www.treasury.gov/ofac).
Notice of OFAC Action
On September 3, 2019, OFAC updated the SDN List for the following
person,
[[Page 47070]]
whose property and interests in property continue to be blocked under
the Foreign Narcotics Kingpin Designation Act.
Individual
1. BELTRAN LEYVA, Alfredo (a.k.a. BELTRAN LEYVA, Hector Alfredo),
Mexico; DOB 21 Jan 1971; alt. DOB 15 Feb 1951; POB La Palma,
Badiriguato, Sinaloa, Mexico; citizen Mexico; nationality Mexico; SSN
604-26-2627 (United States) (INDIVIDUAL) [SDNTK].
The listing for the following person now appear as follows:
1. BELTRAN LEYVA, Alfredo (a.k.a. BELTRAN LEYVA, Hector Alfredo),
Mexico; DOB 21 Jan 1971; POB La Palma, Badiraguato, Sinaloa, Mexico;
nationality Mexico; citizen Mexico (individual) [SDNTK].
Dated: September 3, 2019.
Gregory T. Gatjanis,
Associate Director, Office of Global Targeting.
[FR Doc. 2019-19243 Filed 9-5-19; 8:45 am]
BILLING CODE 4810-AL-P