82_FR_46135 82 FR 45946 - Notice of OFAC Sanctions Actions

82 FR 45946 - Notice of OFAC Sanctions Actions

DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control

Federal Register Volume 82, Issue 189 (October 2, 2017)

Page Range45946-45948
FR Document2017-21049

The 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 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.

Federal Register, Volume 82 Issue 189 (Monday, October 2, 2017) 
[Federal Register Volume 82, Number 189 (Monday, October 2, 2017)]
[Notices]
[Pages 45946-45948]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-21049]



Office of Foreign Assets Control


Notice of OFAC Sanctions Actions

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Notice.

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SUMMARY: The 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 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 Sanctions 
Compliance & Evaluation, tel.: 202-622-2490; Assistant Director for 
Licensing, tel.: 202-622-2480; 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 Specially Designated Nationals and Blocked Persons List and 
additional information concerning OFAC sanctions programs are available 
on OFAC's Web site (www.treasury.gov/ofac).

Notice of OFAC Action(s)

    On September 26, 2017, OFAC determined that the property and 
interests in property subject to U.S. jurisdiction of the following 
persons are blocked pursuant to the relevant sanctions authorities 
listed below. Dealings in property subject to U.S. jurisdiction in 
which a person identified as Government of North Korea has an interest 
are prohibited effective as of the date of that status, which may be 
earlier than the date of OFAC's determination.

Individuals

    1. KWAK, Chong-chol (a.k.a. KWAK, Jong-chol), Dubai, United Arab 
Emirates; DOB 01 Jan 1975; nationality Korea, North; Gender Male; 
Passport 563220533 (Korea, North) (individual) [DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 of 
September 20, 2017, ``Imposing Additional Sanctions With Respect to 
North Korea'' (Executive Order 13810) for operating in the financial 
services industry in North Korea.
    2. RYOM, Hui-bong (a.k.a. RYO'M, Hu'i-pong), Dubai, United Arab 
Emirates; DOB 18 Sep 1961; nationality Korea, North; Gender Male; 
Passport 745120026 (Korea, North) (individual) [DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 for 
operating in the financial services industry in North Korea.
    3. PAK, Mun Il (a.k.a. PAK, Mun-il), Yanji, China; DOB 01 Jan 1965; 
nationality Korea, North; Gender Male; Passport 563335509 expires 27 
Aug 2018; Korea Daesong Bank official (individual) [DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 for 
operating in the financial services industry in North Korea.
    4. HO, Yong Il (a.k.a. HO', Yo'ng-il), Dandong, China; DOB 09 Sep 
1968 (individual) [DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 for 
operating in the financial services industry in North Korea.
    5. KANG, Min, Beijing, China; DOB 07 May 1980; nationality Korea, 
North; Gender Male; Passport 563132918 expires 04 Feb 2018; Korea 
Daesong Bank representative (individual) [DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 for 
operating in the financial services industry in North Korea.

[[Page 45947]]

    6. KIM, Sang-ho, Yanji, China; DOB 16 May 1957; Passport 563337601; 
Korea Daesong Bank representative (individual) [DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 for 
operating in the financial services industry in North Korea.
    7. KIM, Jong Man (a.k.a. KIM, Cho'ng-man), Korea, North; Zhuhai, 
China; DOB 16 Jul 1956; nationality Korea, North; Passport 918320780; 
Korea United Development Bank representative (individual) [DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 for 
operating in the financial services industry in North Korea.
    8. KIM, Hyok Chol (a.k.a. KIM, Hyo'k-ch'o'l), Zhuhai, China; DOB 09 
Jul 1978; Passport 472235761 expires 06 Jun 2017; Korea United 
Development Bank representative (individual) [DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 for 
operating in the financial services industry in North Korea.
    9. MUN, Kyong Hwan (a.k.a. MUN, Kyo'ng-hwan), Korea, North; 
Dandong, China; DOB 22 Aug 1967; nationality Korea, North; Passport 
381120660 expires 25 Mar 2016; Bank of East Land representative 
(individual) [DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 for 
operating in the financial services industry in North Korea.
    10. PAE, Won Uk (a.k.a. PAE, Wo'n-uk), Beijing, China; DOB 22 Aug 
1969; nationality Korea, North; Gender Male; Passport 472120208 (Korea, 
North) expires 22 Feb 2017; Korea Daesong Bank representative 
(individual) [DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 for 
operating in the financial services industry in North Korea.
    11. PAK, Bong Nam (a.k.a. LUI, Wai Ming; a.k.a. PAK, Pong Nam; 
a.k.a. PAK, Pong-nam), Shenyang, China; DOB 06 May 1969; ILSIM 
International Bank Representative in Shenyang, China (individual) 
[DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 for 
operating in the financial services industry in North Korea.
    12. CHU, Hyo'k (a.k.a. JU, Hyok), Vladivostok, Russia; DOB 23 Nov 
1986; nationality Korea, North; Gender Male; Passport 836420186 (Korea, 
North) issued 28 Oct 2016 expires 28 Oct 2021; Foreign Trade Bank of 
the Democratic People's Republic of Korea representative (individual) 
[DPRK4].
    Designated pursuant to Section 1(a)(iv) of Executive Order 13810 
for being a North Korean person.
    13. RI, U'n-so'ng (a.k.a. RI, Eun Song; a.k.a. RI, Un Song), 
Moscow, Russia; DOB 23 Jul 1969; Korea United Development Bank 
representative (individual) [DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 for 
operating in the financial services industry in North Korea.
    14. PANG, Su Nam (a.k.a. PANG, So-nam; a.k.a. PANG, Sunam), Zhuhai, 
China; DOB 01 Oct 1964; Passport 472110138; ILSIM International Bank 
representative in Zhuhai, China (individual) [DPRK2] [DPRK4].
    Designated pursuant to Section 1 (a)(ii) of Executive Order 13687 
of January 2, 2015, ``Imposing Additional Sanctions With Respect to 
North Korea'' (Executive Order 13687) for being an official of the 
Government of North Korea. Also designated pursuant to Section 1(a)(i) 
of Executive Order 13810 for operating in the financial services 
industry in North Korea.
    15. CHA, Sung Jun (a.k.a. CH'A, Su'ng-chun), Beijing, China; DOB 04 
Jun 1966; nationality Korea, North; Passport 472434355 (individual) 
[DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 for 
operating in the financial services industry in North Korea.
    16. JI, Sang Jun (a.k.a. CHI, Sang-chun), Moscow, Russia; DOB 03 
May 1971 (individual) [DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 for 
operating in the financial services industry in North Korea.
    17. KIM, Kyong Hyok (a.k.a. KIM, Kyo'ng-hyo'k), Shanghai, China; 
DOB 05 Nov 1985; Cheil Credit Bank representative (individual) [DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 for 
operating in the financial services industry in North Korea.
    18. PAK, Chol Nam (a.k.a. PAK, Ch'o'l-nam), Beijing, China; DOB 16 
Jun 1971; nationality Korea, North; Passport 745420413 expires 19 Nov 
2020; Cheil Credit Bank representative in Beijing (individual) [DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 for 
operating in the financial services industry in North Korea.
    19. RI, Ho Nam (a.k.a. RI, Ho-nam), Beijing, China; DOB 03 Jan 
1967; nationality Korea, North; Passport 654120210 expires 21 Feb 2019; 
Ryugyong Commercial Bank representative (individual) [DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 for 
operating in the financial services industry in North Korea.
    20. KIM, Tong Chol (a.k.a. KIM, Tong-ch'o'l), Shenyang, China; DOB 
28 Jan 1966; Foreign Trade Bank of the Democratic People's Republic of 
Korea official (individual) [DPRK2].
    Designated pursuant to Section 1 (a)(ii) of Executive Order 13687 
for being an official of the Government of North Korea.
    21. KO, Chol Man (a.k.a. KO, Ch'o'l-man), Shenyang, China; DOB 30 
Sep 1967; Passport 472420180; Foreign Trade Bank of the Democratic 
People's Republic of Korea representative (individual) [DPRK2].
    Designated pursuant to Section 1 (a)(ii) of Executive Order 13687 
for being an official of the Government of North Korea.
    22. RI, Chun Hwan (a.k.a. RI, Ch'un-hwan), Zhuhai, China; DOB 21 
Aug 1957; Passport 563233049 expires 09 May 2018; Foreign Trade Bank of 
the Democratic People's Republic of Korea representative (individual) 
[DPRK2].
    Designated pursuant to Section 1 (a)(ii) of Executive Order 13687 
for being an official of the Government of North Korea.
    23. RI, Chun Song (a.k.a. RI, Ch'un-so'ng), Beijing, China; DOB 30 
Oct 1965; Passport 654133553 expires 11 Mar 2019; Foreign Trade Bank of 
the Democratic People's Republic of Korea representative (individual) 
[DPRK2].
    Designated pursuant to Section 1 (a)(ii) of Executive Order 13687 
for being an official of the Government of North Korea.
    24. CH'OE, So'k-min, Shenyang, China; DOB 25 Jul 1978; nationality 
Korea, North; Foreign Trade Bank of the Democratic People's Republic of 
Korea representative (individual) [DPRK2].
    Designated pursuant to Section 1 (a)(ii) of Executive Order 13687 
for being an official of the Government of North Korea.
    25. KIM, Kyong Il (a.k.a. KIM, Kyo'ng-il), Libya; DOB 01 Aug 1979; 
Gender Male; Passport 836210029; Foreign Trade Bank of the Democratic 
People's Republic of Korea deputy chief representative in Libya 
(individual) [DPRK2].
    Designated pursuant to Section 1 (a)(ii) of Executive Order 13687 
for being an official of the Government of North Korea.
    26. KU, Ja Hyong (a.k.a. KU, Cha-hyo'ng), Libya; DOB 08 Sep 1957; 
Gender Male; Foreign Trade Bank of the Democratic People's Republic of 
Korea chief representative in Libya (individual) [DPRK2].
    Designated pursuant to Section 1 (a)(ii) of Executive Order 13687 
for being an official of the Government of North Korea.

[[Page 45948]]

Entities

    1. AGRICULTURAL DEVELOPMENT BANK, Korea, North [DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 for 
operating in the financial services industry in North Korea.
    2. CHEIL CREDIT BANK (a.k.a. FIRST CREDIT BANK; f.k.a. ``KYONGYONG 
CREDIT BANK''), 3-18 Pyongyang Information Center, Potonggang District, 
Pyongyang, Korea, North; Beijing, China; Shenyang, China; Shanghai, 
China; SWIFT/BIC KYCBKPPYXXX [DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 for 
operating in the financial services industry in North Korea.
    3. HANA BANKING CORPORATION LTD, Haebangsan Hotel, Jungsong-Dong, 
Sungri Street, Central District, Pyongyang, Korea, North; Dandong, 
China; SWIFT/BIC BRBKKPPIXXX [DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 for 
operating in the financial services industry in North Korea.
    4. INTERNATIONAL INDUSTRIAL DEVELOPMENT BANK, Jongpyong-Dong, Pyong 
Chon District, Pyongyang, Korea, North [DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 for 
operating in the financial services industry in North Korea.
    5. JINMYONG JOINT BANK, Korea, North; Dalian, China [DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 for 
operating in the financial services industry in North Korea.
    6. JINSONG JOINT BANK, Korea, North [DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 for 
operating in the financial services industry in North Korea.
    7. KORYO COMMERCIAL BANK LTD., Pyongyang, Korea, North; Beijing, 
China; Shenyang, China; SWIFT/BIC KCBKKPP1 [DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 for 
operating in the financial services industry in North Korea.
    8. RYUGYONG COMMERCIAL BANK, Korea, North; Beijing, China; Dandong, 
China [DPRK4].
    Designated pursuant to Section 1(a)(i) of Executive Order 13810 for 
operating in the financial services industry in North Korea.
    9. CENTRAL BANK OF THE DEMOCRATIC PEOPLE'S REPUBLIC OF KOREA, 58-1 
Mansu-dong, Sungri Street, Central District, Pyongyang, Korea, North 
[DPRK3].
    Identified as meeting the definition of the Government of North 
Korea as set forth in Section 9(d) of Executive Order 13722 of March 
15, 2016, ``Blocking Property of the Government of North Korea and the 
Workers' Party of Korea, and Prohibiting Certain Transactions With 
Respect to North Korea'' (Executive Order 13722) because it is an 
agency, instrumentality, or controlled entity of the Government of 
North Korea.
    10. FOREIGN TRADE BANK OF THE DEMOCRATIC PEOPLE'S REPUBLIC OF KOREA 
(a.k.a. KOREA TRADE BANK; a.k.a. MOOYOKBANK; a.k.a. NORTH KOREA'S 
FOREIGN TRADE BANK), FTB Building, Jungsong-dong, Central District, 
Pyongyang, Korea, North; SWIFT/BIC FTBD KP PY [NPWMD] [DPRK3].
    Identified as meeting the definition of the Government of North 
Korea as set forth in Section 9(d) of Executive Order 13722 because it 
is an agency, instrumentality, or controlled entity of the Government 
of North Korea.

    Dated: September 26, 2017.
Michael Mosier,
Acting Director, Office of Foreign Assets Control.
[FR Doc. 2017-21049 Filed 9-29-17; 8:45 am]
 BILLING CODE 4810-AL-P

45946 Federal Register / Vol. 82, No. 189 / Monday, October 2, 2017 / Notices communications under administrative submission of the first annual report, as programs are available on OFAC’s Web order to achieve completion of the stipulated in PHMSA’s posting on its site (www.treasury.gov/ofac). Takata recalls is 456 hours each year. Web page (https://www.phmsa.dot.gov/ Notice of OFAC Action(s) Additionally, that administrative order underground-storage-annual-report- contemplates impacted manufacturers submission-extension). This annual On September 26, 2017, OFAC incurring an annual cost estimated at report, originally required by July 18, determined that the property and $27,836,329. Therefore, in total, we 2017, would have captured data for the interests in property subject to U.S. estimate the burden associated with this 2016 calendar year. PHMSA is revising jurisdiction of the following persons are collection to be 52,229 hours each year, the date of the first submission of the blocked pursuant to the relevant with a recurring annual cost estimated annual report. The first annual report sanctions authorities listed below. at $155,450,329. now will be due on March 15, 2018, and Dealings in property subject to U.S. Estimated Number of Respondents— will collect reported information for the jurisdiction in which a person identified NHTSA estimates that there will be 2017 calendar year. as Government of North Korea has an approximately 274 manufacturers per OPS will post this information and interest are prohibited effective as of the year filing defect or noncompliance further filing instructions on OPS’s Web date of that status, which may be earlier reports and completing the other site at http://www.phmsa.dot.gov/ than the date of OFAC’s determination. information collection responsibilities pipeline. associated with those filings. NHTSA Individuals Issued in Washington, DC, on September estimates there will be an average of 19 26, 2017, under authority delegated in 49 1. KWAK, Chong-chol (a.k.a. KWAK, manufacturers each year conducting CFR 1.97. Jong-chol), Dubai, United Arab supplemental nontraditional monthly Alan K. Mayberry, Emirates; DOB 01 Jan 1975; nationality outreach pursuant to administrative Associate Administrator for Pipeline Safety. Korea, North; Gender Male; Passport order in an enforcement action 563220533 (Korea, North) (individual) [FR Doc. 2017–21004 Filed 9–29–17; 8:45 am] associated with the Takata recall. [DPRK4]. BILLING CODE 4910–60–P Jeffrey Giuseppe, Designated pursuant to Section 1(a)(i) of Executive Order 13810 of September Acting Associate Administrator for Enforcement. 20, 2017, ‘‘Imposing Additional DEPARTMENT OF THE TREASURY Sanctions With Respect to North Korea’’ [FR Doc. 2017–21053 Filed 9–29–17; 8:45 am] (Executive Order 13810) for operating in BILLING CODE 4910–59–P Office of Foreign Assets Control the financial services industry in North Notice of OFAC Sanctions Actions Korea. DEPARTMENT OF TRANSPORTATION 2. RYOM, Hui-bong (a.k.a. RYO’M, AGENCY: Office of Foreign Assets Hu’i-pong), Dubai, United Arab Pipeline and Hazardous Materials Control, Treasury. Emirates; DOB 18 Sep 1961; nationality Safety Administration ACTION: Notice. Korea, North; Gender Male; Passport 745120026 (Korea, North) (individual) [Docket No. PHMSA–2016–0016] SUMMARY: The Department of the [DPRK4]. Treasury’s Office of Foreign Assets Designated pursuant to Section 1(a)(i) Pipeline Safety: Underground Natural Control (OFAC) is publishing the names Gas Storage Facility Annual Report of Executive Order 13810 for operating of one or more persons that have been in the financial services industry in AGENCY: Pipeline and Hazardous placed on OFAC’s Specially Designated North Korea. Materials Safety Administration Nationals and Blocked Persons List 3. PAK, Mun Il (a.k.a. PAK, Mun-il), (PHMSA), DOT. based on OFAC’s determination that one Yanji, China; DOB 01 Jan 1965; ACTION: Notice of OMB approval. or more applicable legal criteria were nationality Korea, North; Gender Male; satisfied. All property and interests in Passport 563335509 expires 27 Aug SUMMARY: The Pipeline and Hazardous property subject to U.S. jurisdiction of 2018; Korea Daesong Bank official Materials Safety Administration these persons are blocked, and U.S. (individual) [DPRK4]. (PHMSA) Office of Pipeline Safety persons are generally prohibited from Designated pursuant to Section 1(a)(i) (OPS) is announcing OMB approval of engaging in transactions with them. of Executive Order 13810 for operating the annual report for Underground DATES: See SUPPLEMENTARY INFORMATION in the financial services industry in Natural Gas Storage Facilities. section. North Korea. DATES: Operators should submit the first FOR FURTHER INFORMATION CONTACT: 4. HO, Yong Il (a.k.a. HO’, Yo’ng-il), annual report form for the 2017 calendar OFAC: Associate Director for Global Dandong, China; DOB 09 Sep 1968 year by March 15, 2018. Targeting, tel.: 202–622–2420; Assistant (individual) [DPRK4]. FOR FURTHER INFORMATION CONTACT: Director for Sanctions Compliance & Designated pursuant to Section 1(a)(i) Crystal Stewart, Program Analyst, Office Evaluation, tel.: 202–622–2490; of Executive Order 13810 for operating of Pipeline Safety Operations Systems Assistant Director for Licensing, tel.: in the financial services industry in Division, at 202–366–1524 or by email 202–622–2480; or the Department of the North Korea. at crystal.stewart@dot.gov. Treasury’s Office of the General 5. KANG, Min, Beijing, China; DOB SUPPLEMENTARY INFORMATION: PHMSA Counsel: Office of the Chief Counsel 07 May 1980; nationality Korea, North; regulations at 49 CFR 191.17 require (Foreign Assets Control), tel.: 202–622– Gender Male; Passport 563132918 sradovich on DSK3GMQ082PROD with NOTICES each operator of an underground natural 2410. expires 04 Feb 2018; Korea Daesong gas storage facility to submit an annual SUPPLEMENTARY INFORMATION: Bank representative (individual) report on DOT PHMSA Form 7100.4–1 [DPRK4]. by March 15, for the preceding calendar Electronic Availability Designated pursuant to Section 1(a)(i) year, except that the first annual report The Specially Designated Nationals of Executive Order 13810 for operating must be submitted by July 18, 2017. and Blocked Persons List and additional in the financial services industry in PHMSA extended the due date for the information concerning OFAC sanctions North Korea. VerDate Sep<11>2014 19:01 Sep 29, 2017 Jkt 244001 PO 00000 Frm 00152 Fmt 4703 Sfmt 4703 E:\FR\FM\02OCN1.SGM 02OCN1

Federal Register / Vol. 82, No. 189 / Monday, October 2, 2017 / Notices 45947 6. KIM, Sang-ho, Yanji, China; DOB 13. RI, U’n-so’ng (a.k.a. RI, Eun Song; 20. KIM, Tong Chol (a.k.a. KIM, Tong- 16 May 1957; Passport 563337601; a.k.a. RI, Un Song), Moscow, Russia; ch’o’l), Shenyang, China; DOB 28 Jan Korea Daesong Bank representative DOB 23 Jul 1969; Korea United 1966; Foreign Trade Bank of the (individual) [DPRK4]. Development Bank representative Democratic People’s Republic of Korea Designated pursuant to Section 1(a)(i) (individual) [DPRK4]. official (individual) [DPRK2]. of Executive Order 13810 for operating Designated pursuant to Section 1(a)(i) Designated pursuant to Section 1 in the financial services industry in of Executive Order 13810 for operating (a)(ii) of Executive Order 13687 for North Korea. in the financial services industry in being an official of the Government of 7. KIM, Jong Man (a.k.a. KIM, Cho’ng- North Korea. North Korea. man), Korea, North; Zhuhai, China; DOB 14. PANG, Su Nam (a.k.a. PANG, So- 21. KO, Chol Man (a.k.a. KO, Ch’o’l- 16 Jul 1956; nationality Korea, North; nam; a.k.a. PANG, Sunam), Zhuhai, man), Shenyang, China; DOB 30 Sep Passport 918320780; Korea United China; DOB 01 Oct 1964; Passport 1967; Passport 472420180; Foreign Development Bank representative 472110138; ILSIM International Bank Trade Bank of the Democratic People’s (individual) [DPRK4]. representative in Zhuhai, China Republic of Korea representative Designated pursuant to Section 1(a)(i) (individual) [DPRK2] [DPRK4]. (individual) [DPRK2]. of Executive Order 13810 for operating Designated pursuant to Section 1 Designated pursuant to Section 1 in the financial services industry in (a)(ii) of Executive Order 13687 of (a)(ii) of Executive Order 13687 for North Korea. January 2, 2015, ‘‘Imposing Additional being an official of the Government of 8. KIM, Hyok Chol (a.k.a. KIM, Hyo’k- Sanctions With Respect to North Korea’’ North Korea. ch’o’l), Zhuhai, China; DOB 09 Jul 1978; (Executive Order 13687) for being an 22. RI, Chun Hwan (a.k.a. RI, Ch’un- Passport 472235761 expires 06 Jun official of the Government of North hwan), Zhuhai, China; DOB 21 Aug 2017; Korea United Development Bank Korea. Also designated pursuant to 1957; Passport 563233049 expires 09 representative (individual) [DPRK4]. Section 1(a)(i) of Executive Order 13810 May 2018; Foreign Trade Bank of the Designated pursuant to Section 1(a)(i) for operating in the financial services Democratic People’s Republic of Korea of Executive Order 13810 for operating industry in North Korea. representative (individual) [DPRK2]. in the financial services industry in 15. CHA, Sung Jun (a.k.a. CH’A, Designated pursuant to Section 1 North Korea. Su’ng-chun), Beijing, China; DOB 04 Jun (a)(ii) of Executive Order 13687 for 9. MUN, Kyong Hwan (a.k.a. MUN, 1966; nationality Korea, North; Passport being an official of the Government of Kyo’ng-hwan), Korea, North; Dandong, 472434355 (individual) [DPRK4]. North Korea. China; DOB 22 Aug 1967; nationality 23. RI, Chun Song (a.k.a. RI, Ch’un- Designated pursuant to Section 1(a)(i) Korea, North; Passport 381120660 so’ng), Beijing, China; DOB 30 Oct 1965; of Executive Order 13810 for operating expires 25 Mar 2016; Bank of East Land Passport 654133553 expires 11 Mar in the financial services industry in representative (individual) [DPRK4]. 2019; Foreign Trade Bank of the North Korea. Designated pursuant to Section 1(a)(i) Democratic People’s Republic of Korea 16. JI, Sang Jun (a.k.a. CHI, Sang- of Executive Order 13810 for operating representative (individual) [DPRK2]. chun), Moscow, Russia; DOB 03 May Designated pursuant to Section 1 in the financial services industry in 1971 (individual) [DPRK4]. (a)(ii) of Executive Order 13687 for North Korea. 10. PAE, Won Uk (a.k.a. PAE, Wo’n- Designated pursuant to Section 1(a)(i) being an official of the Government of uk), Beijing, China; DOB 22 Aug 1969; of Executive Order 13810 for operating North Korea. nationality Korea, North; Gender Male; in the financial services industry in 24. CH’OE, So’k-min, Shenyang, Passport 472120208 (Korea, North) North Korea. China; DOB 25 Jul 1978; nationality expires 22 Feb 2017; Korea Daesong 17. KIM, Kyong Hyok (a.k.a. KIM, Korea, North; Foreign Trade Bank of the Bank representative (individual) Kyo’ng-hyo’k), Shanghai, China; DOB 05 Democratic People’s Republic of Korea [DPRK4]. Nov 1985; Cheil Credit Bank representative (individual) [DPRK2]. Designated pursuant to Section 1(a)(i) representative (individual) [DPRK4]. Designated pursuant to Section 1 of Executive Order 13810 for operating Designated pursuant to Section 1(a)(i) (a)(ii) of Executive Order 13687 for in the financial services industry in of Executive Order 13810 for operating being an official of the Government of North Korea. in the financial services industry in North Korea. 11. PAK, Bong Nam (a.k.a. LUI, Wai North Korea. 25. KIM, Kyong Il (a.k.a. KIM, Kyo’ng- Ming; a.k.a. PAK, Pong Nam; a.k.a. PAK, 18. PAK, Chol Nam (a.k.a. PAK, il), Libya; DOB 01 Aug 1979; Gender Pong-nam), Shenyang, China; DOB 06 Ch’o’l-nam), Beijing, China; DOB 16 Jun Male; Passport 836210029; Foreign May 1969; ILSIM International Bank 1971; nationality Korea, North; Passport Trade Bank of the Democratic People’s Representative in Shenyang, China 745420413 expires 19 Nov 2020; Cheil Republic of Korea deputy chief (individual) [DPRK4]. Credit Bank representative in Beijing representative in Libya (individual) Designated pursuant to Section 1(a)(i) (individual) [DPRK4]. [DPRK2]. of Executive Order 13810 for operating Designated pursuant to Section 1(a)(i) Designated pursuant to Section 1 in the financial services industry in of Executive Order 13810 for operating (a)(ii) of Executive Order 13687 for North Korea. in the financial services industry in being an official of the Government of 12. CHU, Hyo’k (a.k.a. JU, Hyok), North Korea. North Korea. Vladivostok, Russia; DOB 23 Nov 1986; 19. RI, Ho Nam (a.k.a. RI, Ho-nam), 26. KU, Ja Hyong (a.k.a. KU, Cha- nationality Korea, North; Gender Male; Beijing, China; DOB 03 Jan 1967; hyo’ng), Libya; DOB 08 Sep 1957; nationality Korea, North; Passport sradovich on DSK3GMQ082PROD with NOTICES Passport 836420186 (Korea, North) Gender Male; Foreign Trade Bank of the issued 28 Oct 2016 expires 28 Oct 2021; 654120210 expires 21 Feb 2019; Democratic People’s Republic of Korea Foreign Trade Bank of the Democratic Ryugyong Commercial Bank chief representative in Libya People’s Republic of Korea representative (individual) [DPRK4]. (individual) [DPRK2]. representative (individual) [DPRK4]. Designated pursuant to Section 1(a)(i) Designated pursuant to Section 1 Designated pursuant to Section of Executive Order 13810 for operating (a)(ii) of Executive Order 13687 for 1(a)(iv) of Executive Order 13810 for in the financial services industry in being an official of the Government of being a North Korean person. North Korea. North Korea. 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45948 Federal Register / Vol. 82, No. 189 / Monday, October 2, 2017 / Notices Entities Identified as meeting the definition of Requests for additional information or 1. AGRICULTURAL DEVELOPMENT the Government of North Korea as set copies of the regulation should be BANK, Korea, North [DPRK4]. forth in Section 9(d) of Executive Order directed to Taquesha Cain, Room 6526, Designated pursuant to Section 1(a)(i) 13722 of March 15, 2016, ‘‘Blocking 1111 Constitution Avenue NW., of Executive Order 13810 for operating Property of the Government of North Washington, DC 20224, or through the in the financial services industry in Korea and the Workers’ Party of Korea, internet at Taquesha.R.Cain@irs.gov. North Korea. and Prohibiting Certain Transactions SUPPLEMENTARY INFORMATION: 2. CHEIL CREDIT BANK (a.k.a. FIRST With Respect to North Korea’’ Title: Compensatory Stock Options CREDIT BANK; f.k.a. ‘‘KYONGYONG (Executive Order 13722) because it is an Under Section 482. CREDIT BANK’’), 3–18 Pyongyang agency, instrumentality, or controlled OMB Number: 1545–1794. Information Center, Potonggang District, entity of the Government of North Regulation Project Number: T.D. 9088. Pyongyang, Korea, North; Beijing, Korea. Abstract: Internal Revenue Code China; Shenyang, China; Shanghai, 10. FOREIGN TRADE BANK OF THE section 482 provides guidance regarding China; SWIFT/BIC KYCBKPPYXXX DEMOCRATIC PEOPLE’S REPUBLIC the application of the rules of section [DPRK4]. OF KOREA (a.k.a. KOREA TRADE 482 governing qualified cost sharing Designated pursuant to Section 1(a)(i) BANK; a.k.a. MOOYOKBANK; a.k.a. arrangements. These regulations provide of Executive Order 13810 for operating NORTH KOREA’S FOREIGN TRADE guidance regarding the treatment of in the financial services industry in BANK), FTB Building, Jungsong-dong, stock-based compensation for purposes North Korea. Central District, Pyongyang, Korea, of the rules governing qualified cost 3. HANA BANKING CORPORATION North; SWIFT/BIC FTBD KP PY sharing arrangements and for purposes LTD, Haebangsan Hotel, Jungsong-Dong, [NPWMD] [DPRK3]. of the comparability factors to be Sungri Street, Central District, Identified as meeting the definition of considered under the comparable profits Pyongyang, Korea, North; Dandong, the Government of North Korea as set method. China; SWIFT/BIC BRBKKPPIXXX forth in Section 9(d) of Executive Order Current Actions: There is no change [DPRK4]. 13722 because it is an agency, in the paperwork burden previously Designated pursuant to Section 1(a)(i) instrumentality, or controlled entity of approved by OMB. of Executive Order 13810 for operating the Government of North Korea. Type of Review: Extension of a in the financial services industry in Dated: September 26, 2017. currently approved collection. North Korea. Affected Public: Business or other for- Michael Mosier, 4. INTERNATIONAL INDUSTRIAL profit. DEVELOPMENT BANK, Jongpyong- Acting Director, Office of Foreign Assets Control. Estimated Number of Respondents: Dong, Pyong Chon District, Pyongyang, 500. Korea, North [DPRK4]. [FR Doc. 2017–21049 Filed 9–29–17; 8:45 am] Estimated Time per Respondent: 1 Designated pursuant to Section 1(a)(i) BILLING CODE 4810–AL–P hour. of Executive Order 13810 for operating Estimated Total Annual Burden in the financial services industry in Hours: 2,000. North Korea. DEPARTMENT OF THE TREASURY The following paragraph applies to all 5. JINMYONG JOINT BANK, Korea, of the collections of information covered North; Dalian, China [DPRK4]. Internal Revenue Service by this notice: Designated pursuant to Section 1(a)(i) Proposed Collection; Comment An agency may not conduct or of Executive Order 13810 for operating Request for Compensatory Stock sponsor, and a person is not required to in the financial services industry in Options Under Section 482 (T.D. 9088) respond to, a collection of information North Korea. 6. JINSONG JOINT BANK, Korea, unless the collection of information AGENCY: Internal Revenue Service (IRS), displays a valid OMB control number. North [DPRK4]. Treasury. Designated pursuant to Section 1(a)(i) Books or records relating to a collection ACTION: Notice and request for of information must be retained as long of Executive Order 13810 for operating comments. in the financial services industry in as their contents may become material North Korea. in the administration of any internal SUMMARY: The Internal Revenue Service 7. KORYO COMMERCIAL BANK revenue law. Generally, tax returns and (IRS), as part of its continuing effort to LTD., Pyongyang, Korea, North; Beijing, tax return information are confidential, reduce paperwork and respondent China; Shenyang, China; SWIFT/BIC as required by 26 U.S.C. 6103. burden, invites the general public and KCBKKPP1 [DPRK4]. Request for Comments: Comments other Federal agencies to take this Designated pursuant to Section 1(a)(i) submitted in response to this notice will opportunity to comment on proposed of Executive Order 13810 for operating be summarized and/or included in the and/or continuing information in the financial services industry in request for OMB approval. All collections, as required by the North Korea. comments will become a matter of Paperwork Reduction Act of 1995. The 8. RYUGYONG COMMERCIAL public record. IRS is soliciting comments concerning BANK, Korea, North; Beijing, China; Comments are invited on: (a) Whether information collection requirements Dandong, China [DPRK4]. the collection of information is related to compensatory stock options Designated pursuant to Section 1(a)(i) necessary for the proper performance of under section 482. the functions of the agency, including sradovich on DSK3GMQ082PROD with NOTICES of Executive Order 13810 for operating in the financial services industry in DATES: Written comments should be whether the information shall have North Korea. received on or before December 1, 2017 practical utility; (b) the accuracy of the 9. CENTRAL BANK OF THE to be assured of consideration. agency’s estimate of the burden of the DEMOCRATIC PEOPLE’S REPUBLIC ADDRESSES: Direct all written comments collection of information; (c) ways to OF KOREA, 58–1 Mansu-dong, Sungri to L. Brimmer, Internal Revenue enhance the quality, utility, and clarity Street, Central District, Pyongyang, Service, Room 6526, 1111 Constitution of the information to be collected; (d) Korea, North [DPRK3]. Avenue NW., Washington, DC 20224. ways to minimize the burden of the VerDate Sep<11>2014 19:01 Sep 29, 2017 Jkt 244001 PO 00000 Frm 00154 Fmt 4703 Sfmt 4703 E:\FR\FM\02OCN1.SGM 02OCN1


Document Created: 2017-09-30 04:41:52
Document Modified: 2017-09-30 04:41:52
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice.
DatesSee SUPPLEMENTARY INFORMATION section.
ContactOFAC: Associate Director for Global Targeting, tel.: 202-622-2420; Assistant Director for Sanctions Compliance & Evaluation, tel.: 202-622-2490; Assistant Director for Licensing, tel.: 202-622-2480; or the Department of the Treasury's Office of the General Counsel: Office of the Chief Counsel (Foreign Assets Control), tel.: 202-622-2410.
FR Citation82 FR 45946 
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