Cuban Assets Control Regulations, 47121-47123 [2019-19411]

Download as PDF Federal Register / Vol. 84, No. 174 / Monday, September 9, 2019 / Rules and Regulations List of Subjects in 14 CFR Part 97 Air Traffic Control, Airports, Incorporation by reference, Navigation (Air). Issued in Washington, DC, on August 23, 2019. Rick Domingo, Executive Director, Flight Standards Service. Adoption of the Amendment Accordingly, pursuant to the authority delegated to me, Title 14, Code of Federal Regulations, Part 97 (14 CFR part 97) is amended by establishing, amending, suspending, or removing Standard Instrument Approach Procedures and/or Takeoff Minimums and Obstacle Departure Procedures effective at 0901 UTC on the dates specified, as follows: PART 97—STANDARD INSTRUMENT APPROACH PROCEDURES 1. The authority citation for part 97 continues to read as follows: ■ Authority: 49 U.S.C. 106(f), 106(g), 40103, 40106, 40113, 40114, 40120, 44502, 44514, 44701, 44719, 44721–44722. 2. Part 97 is amended to read as follows: jbell on DSK3GLQ082PROD with RULES ■ Effective 10 October 2019 Anchorage, AK, Ted Stevens Anchorage Intl, ILS RWY 15, Amdt 7 Anchorage, AK, Ted Stevens Anchorage Intl, ILS OR LOC RWY 7L, ILS RWY 7L (SA CAT I), ILS RWY 7L (SA CAT II), Amdt 4 Anchorage, AK, Ted Stevens Anchorage Intl, ILS OR LOC RWY 7R, ILS RWY 7R (SA CAT I), ILS RWY 7R (CAT II), ILS RWY 7R (CAT III), Amdt 4 Anchorage, AK, Ted Stevens Anchorage Intl, RNAV (GPS) RWY 7L, Amdt 3 Anchorage, AK, Ted Stevens Anchorage Intl, RNAV (GPS) RWY 15, Amdt 3 Anchorage, AK, Ted Stevens Anchorage Intl, RNAV (GPS) Y RWY 7R, Amdt 5 Anchorage, AK, Ted Stevens Anchorage Intl, Takeoff Minimums and Obstacle DP, Amdt 8 Eek, AK, Eek, RNAV (GPS) RWY 18, Amdt 1 Eek, AK, Eek, RNAV (GPS) RWY 36, Amdt 1 Eek, AK, Eek, Takeoff Minimums and Obstacle DP, Amdt 1 Shungnak, AK, Shungnak, RNAV (GPS) RWY 10, Amdt 3 Shungnak, AK, Shungnak, RNAV (GPS) RWY 28, Amdt 3 Shungnak, AK, Shungnak, Takeoff Minimums and Obstacle DP, Amdt 1 Fort Huachuca Sierra Vista, AZ, Sierra Vista Muni-Libby AAF, ILS OR LOC RWY 26, Amdt 4C Fort Huachuca Sierra Vista, AZ, Sierra Vista Muni-Libby AAF, RADAR–1, Orig-B Fort Huachuca Sierra Vista, AZ, Sierra Vista Muni-Libby AAF, RNAV (GPS) RWY 8, Amdt 1D VerDate Sep<11>2014 15:58 Sep 06, 2019 Jkt 247001 Fort Huachuca Sierra Vista, AZ, Sierra Vista Muni-Libby AAF, RNAV (GPS) RWY 26, Orig-A Napa, CA, Napa County, ILS OR LOC Z RWY 1L, Amdt 1 Napa, CA, Napa County, LOC Y RWY 36L, Orig, CANCELLED Napa, CA, Napa County, RNAV (GPS) RWY 6, Amdt 1 Napa, CA, Napa County, RNAV (GPS) X RWY 36L, Orig, CANCELLED Napa, CA, Napa County, RNAV (GPS) Y RWY 1L, Amdt 3 Napa, CA, Napa County, VOR RWY 6, Amdt 14 Pohnpei Island, F.S.M., FM, Pohnpei International, NDB/DME RWY 9, Amdt 4A, CANCELLED Pohnpei Island, F.S.M., FM, Pohnpei International, NDB OR GPS–B, Amdt 3A, CANCELLED Pohnpei Island, F.S.M., FM, Pohnpei International, NDB OR GPS–C, Amdt 3A, CANCELLED Scott City, KS, Scott City Muni, RNAV (GPS) RWY 35, Orig-A Bardstown, KY, Samuels Field, RNAV (GPS) RWY 3, Amdt 1A Bardstown, KY, Samuels Field, RNAV (GPS) RWY 21, Amdt 1A New Iberia, LA, Acadiana Rgnl, ILS OR LOC RWY 35, Amdt 2 Detroit, MI, Detroit Metropolitan Wayne County, ILS PRM Y RWY 4L (CLOSE PARALLEL), Amdt 1B Detroit, MI, Detroit Metropolitan Wayne County, ILS Y RWY 4L, Amdt 1B Detroit, MI, Detroit Metropolitan Wayne County, ILS Z OR LOC RWY 4L, ILS Z RWY 4L (CAT II), ILS Z RWY 4L (CAT III), Amdt 4B Detroit, MI, Detroit Metropolitan Wayne County, RNAV (GPS) PRM Y RWY 4L (CLOSE PARALLEL), Orig-A Detroit, MI, Detroit Metropolitan Wayne County, RNAV (GPS) Y RWY 4L, Orig-A Detroit, MI, Detroit Metropolitan Wayne County, RNAV (GPS) Z RWY 4L, Orig-B Detroit, MI, Detroit Metropolitan Wayne County, RNAV (RNP) U RWY 4L, Orig-A Detroit, MI, Detroit Metropolitan Wayne County, RNAV (RNP) X RWY 4L, Orig-A Mesquite, NV, Mesquite, RNAV (GPS) RWY 2, Amdt 1 Mesquite, NV, Mesquite, RNAV (GPS) Y RWY 2, Orig, CANCELLED Hamilton, NY, Hamilton Muni, Takeoff Minimums and Obstacle DP, Amdt 3 Athens, TX, Athens Muni, RNAV (GPS) RWY 18, Amdt 1 Athens, TX, Athens Muni, RNAV (GPS) RWY 36, Amdt 1 Athens, TX, Athens Muni, Takeoff Minimums and Obstacle DP, Orig-A Charleston, WV, Yeager, Takeoff Minimums and Obstacle DP, Amdt 10 Milton, WV, Ona Airpark, VOR–A, Amdt 3 RESCINDED: On August 14, 2019 (84 FR 40234), the FAA published an Amendment in Docket No. 31265, Amdt No. 3863, to Part 97 of the Federal Aviation Regulations under section 97.29. The following entry for Norfolk, VA, effective October 10, 2019, is hereby rescinded in its entirety: PO 00000 Frm 00007 Fmt 4700 Sfmt 4700 47121 Norfolk, VA, Hampton Roads Executive, ILS OR LOC RWY 10, Orig [FR Doc. 2019–18977 Filed 9–6–19; 8:45 am] BILLING CODE 4910–13–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control 31 CFR Part 515 Cuban Assets Control Regulations Office of Foreign Assets Control, Treasury. ACTION: Final rule. AGENCY: The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is amending the Cuban Assets Control Regulations to further implement portions of the President’s foreign policy toward Cuba. This rule amends and, in one case, removes certain authorizations for remittances to Cuba, and the rule also amends the general license relating to ‘‘U-turn’’ financial transactions to eliminate the authorization to process such transactions and instead only allow the rejection of such transactions. DATES: Effective: October 9, 2019. FOR FURTHER INFORMATION CONTACT: The Department of the Treasury’s Office of Foreign Assets Control: Assistant Director for Licensing, 202–622–2480, Assistant Director for Regulatory Affairs, 202–622–4855, or Assistant Director for Sanctions Compliance & Evaluation, 202–622–2490. SUPPLEMENTARY INFORMATION: SUMMARY: Electronic Availability This document and additional information concerning OFAC are available from OFAC’s website (www.treasury.gov/ofac). Background The Department of the Treasury issued the Cuban Assets Control Regulations, 31 CFR part 515 (the ‘‘Regulations’’), on July 8, 1963, under the Trading With the Enemy Act (50 U.S.C. 4301–41). OFAC has amended the Regulations on numerous occasions. In particular, on November 9, 2017, OFAC, the Department of Commerce’s Bureau of Industry and Security (Commerce), and the Department of State (State) took coordinated actions to implement National Security Presidential Memorandum-5, ‘‘Strengthening the Policy of the United States Toward Cuba,’’ signed by the President on June 16, 2017 (NSPM–5). Most recently, effective June 5, 2019, OFAC further restricted non-family E:\FR\FM\09SER1.SGM 09SER1 47122 Federal Register / Vol. 84, No. 174 / Monday, September 9, 2019 / Rules and Regulations jbell on DSK3GLQ082PROD with RULES travel by removing an authorization for group people-to-people educational travel (84 FR 25992). OFAC took the June 5, 2019 action in order to further implement NSPM–5 and the President’s foreign policy toward Cuba, as announced in an April 17, 2019 foreign policy address (April 2019 Address). The April 2019 Address also announced forthcoming regulatory changes to impose new limits on remittances and to end the use of ‘‘Uturn’’ transactions. Today, OFAC, in consultation with State, is taking additional action to implement those announced changes, as set forth in more detail below. This rule provides for a 30-day implementation period before it is effective in order to allow for technical implementation of these additional restrictions. Remittances In accordance with the April 2019 Address, OFAC is amending several authorizations related to remittances set forth in § 515.570. OFAC is amending § 515.570(a), which authorizes family remittances, to place a cap of $1,000 as the maximum amount that one remitter can send per quarter to one Cuban national as a family remittance. Section 515.570(a) provides that the recipient of family remittances may not be a prohibited official of the Government of Cuba, as defined in § 515.337, or a prohibited member of the Cuban Communist Party, as defined in § 515.338. OFAC is now amending § 515.570(a) to prohibit remitters from sending remittances to close family members, as defined in § 515.339, of prohibited officials of the Government of Cuba or prohibited members of the Cuban Communist Party. OFAC also is making a conforming change in § 515.570(f), which authorizes certain remittances from blocked sources. In further accordance with the policy to limit remittances, OFAC is eliminating the authorization in § 515.570(b) for donative remittances. In light of the removal of this authorization, OFAC also is making a conforming change by removing and reserving the unblocking authorization in paragraph (h) for previously blocked remittances that would have been authorized by paragraph (b). At the same time, in light of NSPM–5’s policy to encourage the growth of a Cuban private sector independent of government control, OFAC is amending § 515.570(g), which authorizes unlimited remittances to certain individuals and independent nongovernmental organizations in Cuba, to add a provision to authorize unlimited remittances to certain additional self- VerDate Sep<11>2014 15:58 Sep 06, 2019 Jkt 247001 employed individuals. OFAC is adding a definition for qualifying self-employed individuals in § 515.340. Ending ‘‘U-turn’’ Transactions OFAC previously authorized, pursuant to § 515.584(d), any banking institution, as defined in § 515.314, that is a person subject to U.S. jurisdiction, to process funds transfers originating and terminating outside the United States, provided that neither the originator nor the beneficiary is a person subject to U.S. jurisdiction. The April 2019 Address announced that the Department of the Treasury would implement changes to eliminate the authorization for banking institutions subject to U.S. jurisdiction to process ‘‘U-turn’’ transactions found in § 515.584(d). In accordance with that policy, OFAC is amending § 515.584(d) which previously authorized such transactions, to remove the authorization to process such transactions and to replace it with an authorization to reject such transactions. OFAC is making conforming changes by removing references to § 515.584(d) in the Note to § 515.209 and § 515.584(e). Public Participation Because the amendments of the Regulations involve a foreign affairs function, Executive Order 12866 and the provisions of the Administrative Procedure Act (5 U.S.C. 553) requiring notice of proposed rulemaking, opportunity for public participation, and delay in effective date, as well as the provisions of Executive Order 13771, are inapplicable. As no notice of proposed rulemaking is required for this rule, the Regulatory Flexibility Act (5 U.S.C. 601–612) does not apply. Paperwork Reduction Act The collections of information related to the Regulations are contained in 31 CFR part 501 (the ‘‘Reporting, Procedures and Penalties Regulations’’) and § 515.572 of this part. Pursuant to the Paperwork Reduction Act of 1995 (44 U.S.C. 3507), those collections of information are covered by the Office of Management and Budget under control numbers 1505–0164, 1505–0167, and 1505–0168. 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 control number. List of Subjects in 31 CFR Part 515 Administrative practice and procedure, Banking, Blocking of assets, Cuba, Financial transactions, Remittances, Reporting and PO 00000 Frm 00008 Fmt 4700 Sfmt 4700 recordkeeping requirements, Travel restrictions, U-turn transactions. For the reasons set forth in the preamble, the Department of the Treasury’s Office of Foreign Assets Control amends 31 CFR part 515 as set forth below: PART 515—CUBAN ASSETS CONTROL REGULATIONS 1. The authority citation for part 515 continues to read as follows: ■ Authority: 22 U.S.C. 2370(a), 6001–6010, 7201–7211; 31 U.S.C. 321(b); 50 U.S.C. 4301– 4341; Pub. L. 101–410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 104–114, 110 Stat. 785 (22 U.S.C. 6021–6091); Pub. L. 105–277, 112 Stat. 2681; Pub. L. 111–8, 123 Stat. 524; Pub. L. 111–117, 123 Stat. 3034; E.O. 9193, 7 FR 5205, 3 CFR, 1938–1943 Comp., p. 1174; E.O. 9989, 13 FR 4891, 3 CFR, 1943–1948 Comp., p. 748; Proc. 3447, 27 FR 1085, 3 CFR, 1959–1963 Comp., p. 157; E.O. 12854, 58 FR 36587, 3 CFR, 1993 Comp., p. 614. Subpart B—Prohibitions § 515.209 [Amended] 2. In the Note to § 515.209, remove the text ‘‘§ 515.584(d) relating to funds transfers or’’. ■ Subpart C—Definitions ■ 3. Add § 515.340 to read as follows: § 515.340 Self-employed individual. The term self-employed individual means a Cuban national who is one or more of the following: (a) An owner or employee of a small private business or a sole proprietorship, including restaurants (paladares), taxis, and bed-andbreakfasts (casas particulares); (b) An independent contractor or consultant; (c) A small farmer who owns his or her own land; or (d) A small usufruct farmer who cultivates state-owned land to sell products on the open market. Subpart E—Licenses, Authorizations, and Statements of Licensing Policy 4. Amend § 515.570 by: a. Redesignating paragraphs (a)(1) through (3) as paragraphs (a)(2) through (4); ■ b. Adding new paragraph (a)(1); ■ c. Revising newly redesignated paragraph (a)(3); ■ d. Removing and reserving paragraph (b); ■ e. Revising paragraphs (f) introductory text and (g)(3); and ■ f. Removing and reserving paragraph (h). The revisions and additions read as follows: ■ ■ E:\FR\FM\09SER1.SGM 09SER1 Federal Register / Vol. 84, No. 174 / Monday, September 9, 2019 / Rules and Regulations § 515.570 Remittances. (a) * * * (1) The remitter’s total remittances pursuant to paragraph (a) of this section to any one Cuban national do not exceed $1,000 in any consecutive threemonth period; * * * * * (3) The recipient is not a prohibited official of the Government of Cuba, as defined in § 515.337, a prohibited member of the Cuban Communist Party, as defined in § 515.338, a close relative, as defined in § 515.339, of a prohibited official of the Government of Cuba, or a close relative of a prohibited member of the Cuban Communist Party; and * * * * * (f) Certain remittances from blocked sources authorized. Provided the recipient is not a prohibited official of the Government of Cuba, as defined in § 515.337, a prohibited member of the Cuban Communist Party, as defined in § 515.338, a close relative, as defined in § 515.339, of a prohibited official of the Government of Cuba, or a close relative of a prohibited member of the Cuban Communist Party, certain remittances from blocked sources are authorized as follows: * * * * * (g) * * * (3) To support the development of private businesses, and operation of economic activity in the non-state sector by self-employed individuals, as defined in § 515.340. * * * * * 5. Amend § 515.584 as follows: a. Revise paragraph (d); and ■ b. In the second sentence of paragraph (e), remove the text ‘‘paragraph (d) of this section, § 515.562(b),’’ and add the text ‘‘§ 515.562(b)’’ in its place. The revision reads as follows: ■ ■ § 515.584 Certain financial transactions involving Cuba. jbell on DSK3GLQ082PROD with RULES * * * * * (d) Funds transfers. Any banking institution, as defined in § 515.314, that is a person subject to U.S. jurisdiction is authorized to reject funds transfers originating and terminating outside the United States, provided that neither the originator nor the beneficiary is a person subject to U.S. jurisdiction. * * * * * Dated: September 4, 2019. Andrea Gacki, Director, Office of Foreign Assets Control. [FR Doc. 2019–19411 Filed 9–6–19; 8:45 am] BILLING CODE 4810–AL–P VerDate Sep<11>2014 15:58 Sep 06, 2019 Jkt 247001 DEPARTMENT OF HOMELAND SECURITY Coast Guard 33 CFR Part 165 [Docket Number USCG–2019–0774] RIN 1625–AA00 Safety Zone, R/V POLARCUS ALIMA, Cook Inlet, Homer, Alaska Coast Guard, DHS. Temporary final rule. AGENCY: ACTION: The Coast Guard is establishing a temporary safety zone for navigable waters within a 100-yard radius surrounding the research vessel POLARCUS ALIMA. The safety zone is needed to protect the vessel and members of the public anticipated to exercise their First Amendment right to protest the vessel’s activity. Entry of vessels or persons into this zone is prohibited unless specifically authorized by the Captain of the Port Western Alaska. DATES: This rule is effective from September 9, 2019 through September 11, 2019. ADDRESSES: To view documents mentioned in this preamble as being available in the docket, go to https:// www.regulations.gov, type USCG–2019– 0774 in the ‘‘SEARCH’’ box and click ‘‘SEARCH.’’ Click on Open Docket Folder on the line associated with this rule. FOR FURTHER INFORMATION CONTACT: If you have questions about this rule, call or email Commander Justin Jacobs, Chief of Prevention, Sector Anchorage, U.S. Coast Guard: telephone 907–428– 4149, email Justin.W.Jacobs@uscg.mil. SUPPLEMENTARY INFORMATION: SUMMARY: I. Table of Abbreviations CFR Code of Federal Regulations COTP Captain of the Port Western Alaska DHS Department of Homeland Security FR Federal Register NPRM Notice of proposed rulemaking § Section U.S.C. United States Code II. Background Information and Regulatory History On September 3, 2019, Hillcorp Alaska, LLC, notified the Coast Guard Sector Anchorage that it would be conducting seismic testing in Cook Inlet, near Kachemak Bay, via the research vessel POLARCUS ALIMNA from September 9–11, 2019. Hillcorp also informed the Coast Guard that it anticipates public protest activity around the vessel. PO 00000 Frm 00009 Fmt 4700 Sfmt 4700 47123 The Coast Guard is issuing this rule without prior notice and opportunity to comment pursuant to authority under section 4(a), of the Administrative Procedure Act (APA) (5 U.S.C. 553(b)). This provision authorizes an agency to issue a rule without prior notice and opportunity to comment when the agency for good cause finds that those procedures are ‘‘impracticable, unnecessary, or contrary to the public interest.’’ Under 5 U.S.C. 553(b)(B), the Coast Guard finds that good cause exists for not publishing a notice of proposed rulemaking (NPRM) with respect to this rule. Notice and comment procedures are impractical in this situation because there is not enough time for those procedures before the planned vessel movement, and because immediate action is needed to respond to the potential safety hazards associated with the arrival and departure of the research vessel POLARCUS ALIMA. It is impracticable to publish an NPRM because we must establish this safety zone by September 9, 2019, and the Coast Guard was informed of the vessel movement on September 3, 2019. For the same reasons, the Coast Guard is making this rule effective less than thirty days after publication. Normally, the Administrative Procedure Act (APA) (5 U.S.C. 553(d)) requires an agency to publish a rule at least thirty days before the effective date of the rule. However, the agency is not required to delay the effective date if the agency finds good cause for doing so (5 U.S.C. 553(d)(3)). For this rule, the Coast Guard finds good cause to not delaying the effective date of this rule. Delaying the effective date of this rule is impracticable because the rule must be in place in time for the planned vessel movement on September 9, 2019, and the Coast Guard was informed about the vessel movement on September 3, 2019. III. Legal Authority and Need for Rule The Coast Guard is issuing this rule under authority in 46 U.S.C. 70034 (previously 33 U.S.C. 1231). The Captain of the Port Western Alaska (COTP) has determined that potential safety hazards associated with the activity of the research vessel POLARCUS ALIMA in Cook Inlet, near Kachemak Bay, starting September 9, 2019, through September 11, 2019, will be a safety concern for anyone within a 100-yard radius of the vessel while at the pier and underway. This rule is needed to protect the vessel, public, and the marine environment within the safety zone while the vessel transits the area. E:\FR\FM\09SER1.SGM 09SER1

Agencies

[Federal Register Volume 84, Number 174 (Monday, September 9, 2019)]
[Rules and Regulations]
[Pages 47121-47123]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-19411]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Part 515


Cuban Assets Control Regulations

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Final rule.

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

SUMMARY: The Department of the Treasury's Office of Foreign Assets 
Control (OFAC) is amending the Cuban Assets Control Regulations to 
further implement portions of the President's foreign policy toward 
Cuba. This rule amends and, in one case, removes certain authorizations 
for remittances to Cuba, and the rule also amends the general license 
relating to ``U-turn'' financial transactions to eliminate the 
authorization to process such transactions and instead only allow the 
rejection of such transactions.

DATES: Effective: October 9, 2019.

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

SUPPLEMENTARY INFORMATION: 

Electronic Availability

    This document and additional information concerning OFAC are 
available from OFAC's website (www.treasury.gov/ofac).

Background

    The Department of the Treasury issued the Cuban Assets Control 
Regulations, 31 CFR part 515 (the ``Regulations''), on July 8, 1963, 
under the Trading With the Enemy Act (50 U.S.C. 4301-41). OFAC has 
amended the Regulations on numerous occasions. In particular, on 
November 9, 2017, OFAC, the Department of Commerce's Bureau of Industry 
and Security (Commerce), and the Department of State (State) took 
coordinated actions to implement National Security Presidential 
Memorandum-5, ``Strengthening the Policy of the United States Toward 
Cuba,'' signed by the President on June 16, 2017 (NSPM-5). Most 
recently, effective June 5, 2019, OFAC further restricted non-family

[[Page 47122]]

travel by removing an authorization for group people-to-people 
educational travel (84 FR 25992). OFAC took the June 5, 2019 action in 
order to further implement NSPM-5 and the President's foreign policy 
toward Cuba, as announced in an April 17, 2019 foreign policy address 
(April 2019 Address).
    The April 2019 Address also announced forthcoming regulatory 
changes to impose new limits on remittances and to end the use of ``U-
turn'' transactions. Today, OFAC, in consultation with State, is taking 
additional action to implement those announced changes, as set forth in 
more detail below. This rule provides for a 30-day implementation 
period before it is effective in order to allow for technical 
implementation of these additional restrictions.

Remittances

    In accordance with the April 2019 Address, OFAC is amending several 
authorizations related to remittances set forth in Sec.  515.570. OFAC 
is amending Sec.  515.570(a), which authorizes family remittances, to 
place a cap of $1,000 as the maximum amount that one remitter can send 
per quarter to one Cuban national as a family remittance. Section 
515.570(a) provides that the recipient of family remittances may not be 
a prohibited official of the Government of Cuba, as defined in Sec.  
515.337, or a prohibited member of the Cuban Communist Party, as 
defined in Sec.  515.338. OFAC is now amending Sec.  515.570(a) to 
prohibit remitters from sending remittances to close family members, as 
defined in Sec.  515.339, of prohibited officials of the Government of 
Cuba or prohibited members of the Cuban Communist Party. OFAC also is 
making a conforming change in Sec.  515.570(f), which authorizes 
certain remittances from blocked sources.
    In further accordance with the policy to limit remittances, OFAC is 
eliminating the authorization in Sec.  515.570(b) for donative 
remittances. In light of the removal of this authorization, OFAC also 
is making a conforming change by removing and reserving the unblocking 
authorization in paragraph (h) for previously blocked remittances that 
would have been authorized by paragraph (b). At the same time, in light 
of NSPM-5's policy to encourage the growth of a Cuban private sector 
independent of government control, OFAC is amending Sec.  515.570(g), 
which authorizes unlimited remittances to certain individuals and 
independent non-governmental organizations in Cuba, to add a provision 
to authorize unlimited remittances to certain additional self-employed 
individuals. OFAC is adding a definition for qualifying self-employed 
individuals in Sec.  515.340.

Ending ``U-turn'' Transactions

    OFAC previously authorized, pursuant to Sec.  515.584(d), any 
banking institution, as defined in Sec.  515.314, that is a person 
subject to U.S. jurisdiction, to process funds transfers originating 
and terminating outside the United States, provided that neither the 
originator nor the beneficiary is a person subject to U.S. 
jurisdiction. The April 2019 Address announced that the Department of 
the Treasury would implement changes to eliminate the authorization for 
banking institutions subject to U.S. jurisdiction to process ``U-turn'' 
transactions found in Sec.  515.584(d). In accordance with that policy, 
OFAC is amending Sec.  515.584(d) which previously authorized such 
transactions, to remove the authorization to process such transactions 
and to replace it with an authorization to reject such transactions. 
OFAC is making conforming changes by removing references to Sec.  
515.584(d) in the Note to Sec.  515.209 and Sec.  515.584(e).

Public Participation

    Because the amendments of the Regulations involve a foreign affairs 
function, Executive Order 12866 and the provisions of the 
Administrative Procedure Act (5 U.S.C. 553) requiring notice of 
proposed rulemaking, opportunity for public participation, and delay in 
effective date, as well as the provisions of Executive Order 13771, are 
inapplicable. As no notice of proposed rulemaking is required for this 
rule, the Regulatory Flexibility Act (5 U.S.C. 601-612) does not apply.

Paperwork Reduction Act

    The collections of information related to the Regulations are 
contained in 31 CFR part 501 (the ``Reporting, Procedures and Penalties 
Regulations'') and Sec.  515.572 of this part. Pursuant to the 
Paperwork Reduction Act of 1995 (44 U.S.C. 3507), those collections of 
information are covered by the Office of Management and Budget under 
control numbers 1505-0164, 1505-0167, and 1505-0168. 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 control number.

List of Subjects in 31 CFR Part 515

    Administrative practice and procedure, Banking, Blocking of assets, 
Cuba, Financial transactions, Remittances, Reporting and recordkeeping 
requirements, Travel restrictions, U-turn transactions.

    For the reasons set forth in the preamble, the Department of the 
Treasury's Office of Foreign Assets Control amends 31 CFR part 515 as 
set forth below:

PART 515--CUBAN ASSETS CONTROL REGULATIONS

0
1. The authority citation for part 515 continues to read as follows:

     Authority:  22 U.S.C. 2370(a), 6001-6010, 7201-7211; 31 U.S.C. 
321(b); 50 U.S.C. 4301-4341; Pub. L. 101-410, 104 Stat. 890 (28 
U.S.C. 2461 note); Pub. L. 104-114, 110 Stat. 785 (22 U.S.C. 6021-
6091); Pub. L. 105-277, 112 Stat. 2681; Pub. L. 111-8, 123 Stat. 
524; Pub. L. 111-117, 123 Stat. 3034; E.O. 9193, 7 FR 5205, 3 CFR, 
1938-1943 Comp., p. 1174; E.O. 9989, 13 FR 4891, 3 CFR, 1943-1948 
Comp., p. 748; Proc. 3447, 27 FR 1085, 3 CFR, 1959-1963 Comp., p. 
157; E.O. 12854, 58 FR 36587, 3 CFR, 1993 Comp., p. 614.

Subpart B--Prohibitions


Sec.  515.209  [Amended]

0
2. In the Note to Sec.  515.209, remove the text ``Sec.  515.584(d) 
relating to funds transfers or''.

Subpart C--Definitions

0
3. Add Sec.  515.340 to read as follows:


Sec.  515.340  Self-employed individual.

    The term self-employed individual means a Cuban national who is one 
or more of the following:
    (a) An owner or employee of a small private business or a sole 
proprietorship, including restaurants (paladares), taxis, and bed-and-
breakfasts (casas particulares);
    (b) An independent contractor or consultant;
    (c) A small farmer who owns his or her own land; or
    (d) A small usufruct farmer who cultivates state-owned land to sell 
products on the open market.

Subpart E--Licenses, Authorizations, and Statements of Licensing 
Policy

0
4. Amend Sec.  515.570 by:
0
a. Redesignating paragraphs (a)(1) through (3) as paragraphs (a)(2) 
through (4);
0
b. Adding new paragraph (a)(1);
0
c. Revising newly redesignated paragraph (a)(3);
0
d. Removing and reserving paragraph (b);
0
e. Revising paragraphs (f) introductory text and (g)(3); and
0
f. Removing and reserving paragraph (h).
    The revisions and additions read as follows:

[[Page 47123]]

Sec.  515.570   Remittances.

    (a) * * *
    (1) The remitter's total remittances pursuant to paragraph (a) of 
this section to any one Cuban national do not exceed $1,000 in any 
consecutive three-month period;
* * * * *
    (3) The recipient is not a prohibited official of the Government of 
Cuba, as defined in Sec.  515.337, a prohibited member of the Cuban 
Communist Party, as defined in Sec.  515.338, a close relative, as 
defined in Sec.  515.339, of a prohibited official of the Government of 
Cuba, or a close relative of a prohibited member of the Cuban Communist 
Party; and
* * * * *
    (f) Certain remittances from blocked sources authorized. Provided 
the recipient is not a prohibited official of the Government of Cuba, 
as defined in Sec.  515.337, a prohibited member of the Cuban Communist 
Party, as defined in Sec.  515.338, a close relative, as defined in 
Sec.  515.339, of a prohibited official of the Government of Cuba, or a 
close relative of a prohibited member of the Cuban Communist Party, 
certain remittances from blocked sources are authorized as follows:
* * * * *
    (g) * * *
    (3) To support the development of private businesses, and operation 
of economic activity in the non-state sector by self-employed 
individuals, as defined in Sec.  515.340.
* * * * *

0
5. Amend Sec.  515.584 as follows:
0
a. Revise paragraph (d); and
0
b. In the second sentence of paragraph (e), remove the text ``paragraph 
(d) of this section, Sec.  515.562(b),'' and add the text ``Sec.  
515.562(b)'' in its place.
    The revision reads as follows:


Sec.  515.584   Certain financial transactions involving Cuba.

* * * * *
    (d) Funds transfers. Any banking institution, as defined in Sec.  
515.314, that is a person subject to U.S. jurisdiction is authorized to 
reject funds transfers originating and terminating outside the United 
States, provided that neither the originator nor the beneficiary is a 
person subject to U.S. jurisdiction.
* * * * *

    Dated: September 4, 2019.
Andrea Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2019-19411 Filed 9-6-19; 8:45 am]
BILLING CODE 4810-AL-P
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