Designation of Yusuf al-Madani as a Specially Designated Global Terrorist, 28183 [2021-11052]
Download as PDF
Federal Register / Vol. 86, No. 99 / Tuesday, May 25, 2021 / Notices
the Commission believes that the
proposal is consistent with assuring the
safeguarding of securities and funds
which are in OCC’s custody or control.
The Commission believes, therefore,
that the proposal to modify the auction
participation requirements for Clearing
Members and non-Clearing Members is
consistent with the requirements of
Section 17A(b)(3)(F) of the Exchange
Act.14
jbell on DSKJLSW7X2PROD with NOTICES
B. Consistency With Rule 17Ad–
22(e)(13) Under the Exchange Act
Rule 17Ad–22(e)(13) under the
Exchange Act requires OCC to establish,
implement, maintain, and enforce
written policies and procedures
reasonably designed to ensure the
covered clearing agency has the
authority and operational capacity to
take timely action to contain losses and
liquidity demands.15
Based on its review of the record, and
for the reasons described below, the
Commission believes that the proposed
changes described above are consistent
with Rule 17Ad–22(e)(13) under the
Exchange Act. The proposed changes
would facilitate on-boarding of potential
bidders by removing certain
administrative steps in the process of
becoming a pre-qualified auction
bidder. For example, the proposal
would remove an administrative step so
that Clearing Members would not need
OCC’s initial invitation for
consideration as a pre-qualified bidder.
As long as a Clearing Member completes
the required documentation in advance,
the Clearing Member could be
considered for the pre-qualified bidder
pool. Meanwhile, OCC proposes to
remove the initial step for OCC to post
a website invitation notice to nonClearing Members from time to time,
and to remove existing limitations on
non-Clearing Members seeking to
become pre-qualified bidders (e.g., that
a non-Clearing Member must currently
fulfill certain trading activity
requirements to pre-qualify as a bidder
generally, as opposed to having its
trading activity considered later during
a selection process for participation in
a specific auction). Additionally, OCC’s
proposal to eliminate periodic reviews
of the pre-qualified bidder pool and the
accompanying removal process would
simplify the administration of prequalified bidders, as it would eliminate
a bidder review process that appears
duplicative in purpose to the I&P .02(d)
14 15
15 17
U.S.C. 78q–1(b)(3)(F).
CFR 240.17Ad–22(e)(13).
VerDate Sep<11>2014
18:09 May 24, 2021
Jkt 253001
pre-auction reviews that OCC has stated
it would continue to perform.16
Removing administrative obstacles to
the bidder on-boarding process would
increase the likelihood that OCC would
have a large enough bidder pool and the
operational capacity to hold effiicient,
competitive auctions in a timely
manner, and as a result cover losses and
meet liquidity demands promptly. The
Commission believes, therefore, that the
proposal to modify auction participant
requirements for Clearing Members and
non-Clearing Members is consistent
with the requirements of Rule 17Ad–
22(e)(13) under the Exchange Act.17
28183
(DPRK, or North Korea), Syria,
Venezuela, and Cuba.
This determination and certification
shall be transmitted to the Congress and
published in the Federal Register.
Dated: May 14, 2021.
Antony J. Blinken,
Secretary of State.
[FR Doc. 2021–10948 Filed 5–24–21; 8:45 am]
BILLING CODE 4710–AD–P
DEPARTMENT OF STATE
[Public Notice: 11429]
IV. Conclusion
On the basis of the foregoing, the
Commission finds that the Proposed
Rule Change is consistent with the
requirements of the Exchange Act, and
in particular, the requirements of
Section 17A of the Exchange Act 18 and
the rules and regulations thereunder.
It is therefore ordered, pursuant to
Section 19(b)(2) of the Exchange Act,19
that the Proposed Rule Change (SR–
OCC–2021–004) be, and hereby is,
approved.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.20
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021–10961 Filed 5–24–21; 8:45 am]
BILLING CODE 8011–01–P
DEPARTMENT OF STATE
[Public Notice: 11427]
Determination and Certification of
Countries Not Cooperating Fully With
Antiterrorism Efforts
Pursuant to section 40A of the Arms
Export Control Act (22 U.S.C. 2781), and
Executive Order 13637, as amended, I
hereby determine and certify to the
Congress that the following countries
are not cooperating fully with United
States antiterrorism efforts: Iran,
Democratic People’s Republic of Korea
16 The Commission also believes that in the case
of non-Clearing Member auction participants, OCC
will continue to meet the requirements of Rule
17Ad–22(e)(19) regarding ‘‘indirect participants,’’ as
OCC intends to continue performing the I&P .02(d)
pre-auction reviews for both Clearing Member and
non-Clearing Member participants. See 17 CFR
240.17Ad–22(e)(19).
17 17 CFR 240.17Ad–22(e)(13).
18 In approving this Proposed Rule Change, the
Commission has considered the proposed rules’
impact on efficiency, competition, and capital
formation. See 15 U.S.C. 78c(f).
19 15 U.S.C. 78s(b)(2).
20 17 CFR 200.30–3(a)(12).
PO 00000
Frm 00131
Fmt 4703
Sfmt 9990
Designation of Yusuf al-Madani as a
Specially Designated Global Terrorist
Acting under the authority of and in
accordance with sections 1(a)(ii)(A) of
Executive Order 13224 of September 23,
2001, as amended by Executive Order
13268 of July 2, 2002, Executive Order
13284 of January 23, 2003, and
Executive Order 13886 of September 9,
2019, I hereby determine that the person
known as Yusuf al-Madani, also known
as Yusif al-Madani, also known as Abu
Husayn, also known as Youssef Ahssan
Ismail al-Madani, also known as
Youssef al-Madani, is a foreign person
who poses a significant risk of
committing an act of terrorism that
threaten the security of U.S. nationals or
the national security, foreign policy, or
economy of the United States.
Consistent with the determination in
section 10 of Executive Order 13224 that
prior notice to persons determined to be
subject to the Order who might have a
constitutional presence in the United
States would render ineffectual the
blocking and other measures authorized
in the Order because of the ability to
transfer funds instantaneously, I
determine that no prior notice needs to
be provided to any person subject to this
determination who might have a
constitutional presence in the United
States, because to do so would render
ineffectual the measures authorized in
the Order.
This notice shall be published in the
Federal Register.
Dated: May 19, 2021.
Anthony J. Blinken,
Secretary of State.
[FR Doc. 2021–11052 Filed 5–24–21; 8:45 am]
BILLING CODE 4710–AD–P
E:\FR\FM\25MYN1.SGM
25MYN1
Agencies
[Federal Register Volume 86, Number 99 (Tuesday, May 25, 2021)]
[Notices]
[Page 28183]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-11052]
-----------------------------------------------------------------------
DEPARTMENT OF STATE
[Public Notice: 11429]
Designation of Yusuf al-Madani as a Specially Designated Global
Terrorist
Acting under the authority of and in accordance with sections
1(a)(ii)(A) of Executive Order 13224 of September 23, 2001, as amended
by Executive Order 13268 of July 2, 2002, Executive Order 13284 of
January 23, 2003, and Executive Order 13886 of September 9, 2019, I
hereby determine that the person known as Yusuf al-Madani, also known
as Yusif al-Madani, also known as Abu Husayn, also known as Youssef
Ahssan Ismail al-Madani, also known as Youssef al-Madani, is a foreign
person who poses a significant risk of committing an act of terrorism
that threaten the security of U.S. nationals or the national security,
foreign policy, or economy of the United States.
Consistent with the determination in section 10 of Executive Order
13224 that prior notice to persons determined to be subject to the
Order who might have a constitutional presence in the United States
would render ineffectual the blocking and other measures authorized in
the Order because of the ability to transfer funds instantaneously, I
determine that no prior notice needs to be provided to any person
subject to this determination who might have a constitutional presence
in the United States, because to do so would render ineffectual the
measures authorized in the Order.
This notice shall be published in the Federal Register.
Dated: May 19, 2021.
Anthony J. Blinken,
Secretary of State.
[FR Doc. 2021-11052 Filed 5-24-21; 8:45 am]
BILLING CODE 4710-AD-P