Notice of OFAC Sanctions Action, 86082-86083 [2024-25068]

Download as PDF 86082 Federal Register / Vol. 89, No. 209 / Tuesday, October 29, 2024 / Notices organization; or (2) opens a foreign branch and no application or notice is required by the FRB for such transaction. Section 28.3(b) provides that in lieu of a notice, the OCC may accept a copy of an application, notice, or report submitted to another Federal agency that covers the proposed action and contains substantially the same information required by the OCC. Pursuant to § 28.3(c), the OCC may require additional information in the form of an application from a national bank seeking to join a foreign exchange, clearinghouse, or similar type of organization. A national bank shall furnish the OCC with any additional information the OCC may require in connection with the national bank’s foreign operations. 12 CFR 28.14(c) Limitations Based Upon Capital of a Foreign Bank— Aggregation A foreign bank shall aggregate business transacted by all Federal branches and agencies with the business transacted by all state branches and agencies controlled by the foreign bank in determining its compliance with limitations based upon the capital of the foreign bank. A foreign bank shall designate one Federal branch or agency office in the United States to maintain consolidated information so that the OCC can monitor compliance. khammond on DSKJM1Z7X2PROD with NOTICES 12 CFR 28.15(d), (d)(1), (d)(2), and (f) Capital Equivalency Deposits Under § 28.15(d), a foreign bank should require its depository bank to segregate its capital equivalency deposits (CED) on the depository bank’s books and records. Pursuant to § 28.15(d)(2), the instruments making up the CED that are placed in safekeeping at a depository bank to satisfy a foreign bank’s CED requirement must be maintained pursuant to an agreement prescribed by the OCC that shall be a written agreement entered into with the OCC. Section 28.15(f) further provides that each Federal branch or agency shall maintain a capital equivalency account and keep records of the amount of liabilities requiring capital equivalency coverage in a manner and form prescribed by the OCC. Finally, under § 28.15(d)(1), a foreign bank’s CED may not be reduced in value below the minimum required for that branch or agency without the prior approval of the OCC, but in no event may the value fall below the statutory minimum. VerDate Sep<11>2014 17:34 Oct 28, 2024 Jkt 265001 12 CFR 28.16(c) Deposit-Taking by an Uninsured Federal Branch— Application for an Exemption A foreign bank may apply to the OCC for an exemption to permit an uninsured Federal branch to accept or maintain deposit accounts that are not listed in § 28.16(b). The request should describe the types, sources, and estimated amount of such deposits and explain why the OCC should grant an exemption, and how the exemption maintains and furthers the policies described in § 28.16(a). 12 CFR 28.16(d) Deposit-Taking by an Uninsured Federal Branch— Aggregation of Deposits A foreign bank that has more than one Federal branch in the same state may aggregate deposits in all of its Federal branches in that state, but exclude deposits of other branches, agencies, or wholly owned subsidiaries of the bank. The Federal branch shall compute the average amount by using the sum of deposits as of the close of business of the last 30 calendar days ending with, and including, the last day of the calendar quarter, divided by 30. The Federal branch shall maintain records of the calculation until its next examination by the OCC. 12 CFR 28.18(c)(1) Recordkeeping and Reporting—Maintenance of Accounts, Books, and Records Each Federal branch or agency shall maintain a set of accounts and records reflecting its transactions that are separate from those of the foreign bank and any other branch or agency. The Federal branch or agency shall keep a set of accounts and records in English sufficient to permit the OCC to examine the condition of the Federal branch or agency and its compliance with applicable laws and regulations. 12 CFR 28.20(a)(1) Maintenance of Assets—General Rule The OCC may require a foreign bank to hold certain assets in the state in which its Federal branch or agency is located. 12 CFR 28.22(e) Voluntary Liquidation—Reports of Examination The Federal branch or agency shall send the OCC certification that all of its Reports of Examination have been destroyed or return its Reports of Examination to the OCC. Estimated Burden: $296,843.60. Estimated Frequency of Response: On occasion. Estimated Number of Respondents: 52. PO 00000 Frm 00148 Fmt 4703 Sfmt 4703 Estimated Total Annual Burden: 2,294 hours. Comments: On August 23, 2024, the OCC published a 60-day notice for this information collection, (89 FR 68240). No comments were received. Comments continue to be invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the OCC, including whether the information has practical utility; (b) The accuracy of the OCC’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 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. Patrick T. Tierney, Assistant Director, Office of the Comptroller of the Currency. [FR Doc. 2024–25031 Filed 10–28–24; 8:45 am] BILLING CODE 4810–33–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control Notice of OFAC Sanctions Action Office of Foreign Assets Control, Treasury. ACTION: Notice. AGENCY: The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing the removal of a person currently on OFAC’s Specially Designated Nationals and Blocked Persons List (SDN 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 this person is unblocked, and U.S. persons are permitted to engage in lawful transactions with them. DATES: This action was issued on October 23, 2024. See SUPPLEMENTARY INFORMATION for relevant dates. FOR FURTHER INFORMATION CONTACT: OFAC: Associate Director for Global Targeting, 202–622–2420; or Assistant Director for Sanctions Compliance, 202– 622–2490 or https://ofac.treasury.gov/ contact-ofac. SUPPLEMENTARY INFORMATION: SUMMARY: E:\FR\FM\29OCN1.SGM 29OCN1 Federal Register / Vol. 89, No. 209 / Tuesday, October 29, 2024 / Notices Electronic Availability The SDN List and additional information concerning OFAC sanctions programs are available on OFAC’s website: https://ofac.treasury.gov. DEPARTMENT OF THE TREASURY Notice of OFAC Action On October 23, 2024, OFAC removed from the SDN List the person listed below, who was subject to prohibitions imposed pursuant to E.O. 13661. AGENCY: Individual 1. SEMENOVA, Olena Yurevna (a.k.a. SEMENOVA, Elena Iurevna); DOB 06 Dec 1978; citizen Ukraine; Secondary sanctions risk: Ukraine-/Russia-Related Sanctions Regulations, 31 CFR 589.201 and/or 589.209; Passport ER747251 (Ukraine); National ID No. 2882908207 (Ukraine) (individual) [UKRAINE–EO13661]. Lisa M. Palluconi, Acting Director, Office of Foreign Assets Control. [FR Doc. 2024–25068 Filed 10–28–24; 8:45 am] 86083 Office of Foreign Assets Control This action was issued on October 24, 2024. See SUPPLEMENTARY INFORMATION section for relevant date(s). Notice of OFAC Sanctions Action FOR FURTHER INFORMATION CONTACT: Office of Foreign Assets Control, Treasury. ACTION: Notice. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons that have been placed on OFAC’s Specially Designated Nationals and Blocked Persons List (SDN 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. SUMMARY: BILLING CODE 4810–AL–P DATES: OFAC: Associate Director for Global Targeting, 202–622–2420; or Assistant Director for Sanctions Compliance, 202– 622–2490 or https://ofac.treasury.gov/ contact-ofac. SUPPLEMENTARY INFORMATION: Electronic Availability The SDN List and additional information concerning OFAC sanctions programs are available on OFAC’s website: https://ofac.treasury.gov. Notice of OFAC Action On October 24, 2024, OFAC determined that the property and interests in property subject to U.S. jurisdiction of the following person is blocked under the relevant sanctions authority listed below. Individual SULEIMAN, Mirghani Idris (a.k.a. !DRIES, Margani !dries Suliman (Arabic: w4!L (Yl:!_.).:il ~..»'I); a.k.a. IDRIS, Al-Mirghani; a.k.a. SULEIMAN, El Mirghani Idris; a.k.a. SULEIMAN, Mirghani Idriss), H 22 B 7, Northern Elsafia, Bahri, Khartoum, Sudan; DOB 28 Dec 1959; POB Bahri, Khartoum, Sudan; nationality Sudan; Gender Male; Passport B00018824 (Sudan) expires 09 May 2023 (individual) [SUDAN-EO14098]. (Yl:!_.).:il Designated pursuant to section l(a)(ii)(A) of Executive Order 14098 of May 4, 2023, "Imposing Sanctions Certain Persons Destabilizing Sudan and Undermining the Goal of a Democratic Transition," for being a foreign person who is or has been a leader, official, senior executive officer, or member of the board of directors of the Rapid Support Forces, an entity that has, or whose members have, been responsible for, or complicit in, or to have directly or indirectly engaged or attempted to engage in actions or policies that threaten the peace, security, or stability of Sudan, relating to the tenure of such leader, official, senior executive officer, or member of the board of directors. [FR Doc. 2024–25121 Filed 10–28–24; 8:45 am] khammond on DSKJM1Z7X2PROD with NOTICES BILLING CODE 4810–AL–P DEPARTMENT OF THE TREASURY Internal Revenue Service Quarterly Publication of Individuals, Who Have Chosen To Expatriate Internal Revenue Service (IRS), Treasury. ACTION: Notice. AGENCY: This notice is provided in accordance with IRC section 6039G of the Health Insurance Portability and SUMMARY: VerDate Sep<11>2014 17:34 Oct 28, 2024 Jkt 265001 PO 00000 Frm 00149 Fmt 4703 Sfmt 4703 Accountability Act (HIPAA) of 1996, as amended. This listing contains the name of each individual losing United States citizenship (within the meaning of section 877(a) or 877A) with respect to whom the Secretary received information during the quarter ending September 30, 2024. For purposes of this listing, long-term residents, as defined in section 877(e)(2), are treated as if they were citizens of the United States who lost citizenship. SUPPLEMENTARY INFORMATION: E:\FR\FM\29OCN1.SGM 29OCN1 EN29OC24.011</GPH> Lisa M. Palluconi, Acting Director, Office of Foreign Assets Control.

Agencies

[Federal Register Volume 89, Number 209 (Tuesday, October 29, 2024)]
[Notices]
[Pages 86082-86083]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-25068]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Notice of OFAC Sanctions Action

AGENCY: Office of Foreign Assets Control, 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 removal of a person currently on 
OFAC's Specially Designated Nationals and Blocked Persons List (SDN 
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 this person is unblocked, and U.S. persons are 
permitted to engage in lawful transactions with them.

DATES: This action was issued on October 23, 2024. See SUPPLEMENTARY 
INFORMATION for relevant dates.

FOR FURTHER INFORMATION CONTACT: OFAC: Associate Director for Global 
Targeting, 202-622-2420; or Assistant Director for Sanctions 
Compliance, 202-622-2490 or https://ofac.treasury.gov/contact-ofac.

SUPPLEMENTARY INFORMATION:

[[Page 86083]]

Electronic Availability

    The SDN List and additional information concerning OFAC sanctions 
programs are available on OFAC's website: https://ofac.treasury.gov.

Notice of OFAC Action

    On October 23, 2024, OFAC removed from the SDN List the person 
listed below, who was subject to prohibitions imposed pursuant to E.O. 
13661.

Individual

    1. SEMENOVA, Olena Yurevna (a.k.a. SEMENOVA, Elena Iurevna); DOB 
06 Dec 1978; citizen Ukraine; Secondary sanctions risk: Ukraine-/
Russia-Related Sanctions Regulations, 31 CFR 589.201 and/or 589.209; 
Passport ER747251 (Ukraine); National ID No. 2882908207 (Ukraine) 
(individual) [UKRAINE-EO13661].

Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control.
[FR Doc. 2024-25068 Filed 10-28-24; 8:45 am]
BILLING CODE 4810-AL-P

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