83 FR 19403 - Notice of OFAC Sanctions Actions

DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control

Federal Register Volume 83, Issue 85 (May 2, 2018)

Page Range		19403-19405
FR Document		2018-09300

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of 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 83 Issue 85 (Wednesday, May 2, 2018)

[Federal Register Volume 83, Number 85 (Wednesday, May 2, 2018)]
[Notices]
[Pages 19403-19405]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-09300]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Notice of OFAC Sanctions Actions

AGENCY: Office of Foreign Assets Control, Department of the 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 names of 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 Licensing, tel.: 202-622-2480; Assistant 
Director for Regulatory Affairs, tel.: 202-622-4855; Assistant Director 
for Sanctions Compliance & Evaluation, tel.: 202-622-2490; 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 list of Specially Designated Nationals and Blocked Persons (SDN 
List) and additional information concerning OFAC sanctions programs are 
available on OFAC's website (http://www.treasury.gov/ofac).

[[Page 19404]]

Notice of OFAC Actions

    On April 27, 2018, OFAC determined that the property and interests 
in property of the following persons are blocked under the relevant 
sanctions authority listed below.

Individuals

BILLING CODE 4801-AL-P
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[[Page 19405]]


[GRAPHIC] [TIFF OMITTED] TN02MY18.002

Entity

    1. ZARON BIO-TECH (ASIA) LIMITED, 20A, Kiu Fu Commercial Building, 
300 Lockhart Road, Wan Chai, Hong Kong, Hong Kong; Business 
Registration Document # 52153976 (Hong Kong); Company Number 1448837 
(Hong Kong) [SDNTK] (Linked To: ZHANG, Jian). Designated pursuant to 
section 805(b)(3) of the Kingpin Act, 21 U.S.C. 1904(b)(3), for being 
owned, controlled, or directed by, or acting for or on behalf of, Jian 
ZHANG.

    Dated: April 27, 2018.
John E. Smith,
Director, Office of Foreign Assets Control.
[FR Doc. 2018-09300 Filed 5-1-18; 8:45 am]
 BILLING CODE 4810-AL-C

Federal Register / Vol. 83, No. 85 / Wednesday, May 2, 2018 / Notices 19403

SUMMARY: FinCEN, a bureau of the U.S. terrorist financing. Regulations information shall have practical utility;
Department of the Treasury implementing Title II of the BSA appear (b) the accuracy of the agency’s estimate
(‘‘Treasury’’), invites all interested at 31 CFR Chapter X. The Secretary’s of the burden of the collection of
parties to comment on the Bank Secrecy authority to administer Title II of the information; (c) ways to enhance the
Act (‘‘BSA’’) regulations implemented BSA has been delegated to the Director quality, utility, and clarity of the
pursuant to section 104(e) of the of FinCEN. The information collected information to be collected; (d) ways to
Comprehensive Iran Sanctions, and retained under the regulation minimize the burden of the collection of
Accountability, and Divestment Act of addressed in this notice assists Federal, information on respondents, including
2010 (‘‘CISADA’’) and consistent with state, and local law enforcement, as well through the use of automated collection
its statutory mission under 31 U.S.C. as regulatory authorities in the techniques or other forms of information
310. FinCEN is proposing to renew this identification, investigation, and technology; and (e) estimates of capital
information collection without change. prosecution of money laundering and or start-up costs and costs of operation,
The rule requires a U.S. bank that other matters. maintenance and purchase of services to
maintains a correspondent account for a Title: CISADA Reporting provide information.
foreign bank to inquire of the foreign Requirements—31 CFR 1060.300.
bank, and report to FinCEN upon Jamal El Hindi,
OMB Number: 1506–0066.
written request, certain information Current Action: Renewal without Deputy Director, Financial Crimes
with respect to transactions or other change to the existing regulations. Enforcement Network.
financial services provided by that Type of Review: Extension of [FR Doc. 2018–09267 Filed 5–1–18; 8:45 am]
foreign bank. currently approved reporting BILLING CODE 4810–02–P

DATES: Written comments should be requirements.
received on or before July 2, 2018 to be Affected Public: Banks as defined in
31 CFR 1010.100(d). DEPARTMENT OF THE TREASURY
assured of consideration.
ADDRESSES: Comments may be Frequency: As required.
Estimated Number of Respondents: Office of Foreign Assets Control
submitted by any of the following
methods: There are approximately 350 potential Notice of OFAC Sanctions Actions
• Federal E-rulemaking Portal: http:// respondents. It is estimated that, if
www.regulations.gov. Follow the contacted, 250 of these respondents will AGENCY: Office of Foreign Assets
instructions for submitting comments. respond indicating they maintain no Control, Department of the Treasury.
Refer to Docket Number FINCEN–2018– accounts subject to reporting pursuant ACTION: Notice.
0002 and the OMB control number to the CISADA requirements.1
1506–0066. Estimated Time per Respondent: SUMMARY: The U.S. Department of the
• Mail: Policy Division, Financial Response by the 250 banks is estimated Treasury’s Office of Foreign Assets
Crimes Enforcement Network, P.O. Box to require 30 minutes per response for Control (OFAC) is publishing the names
39, Vienna, VA 22183. Refer to Docket a total of 125 hours. It is estimated that of persons that have been placed on
Number FINCEN–2018–0002 and the the remaining 100 banks will provide OFAC’s Specially Designated Nationals
OMB control number 1506–0066. Please approximately 900 responses, each and Blocked Persons List based on
submit comments by one method only response requiring 3 hours for a total of OFAC’s determination that one or more
(electronically preferred). All comments 2700 hours. applicable legal criteria were satisfied.
submitted in response to this notice will Estimated Total Annual Burden All property and interests in property
become a matter of public record. Hours: 2825 hours. subject to U.S. jurisdiction of these
Comments will also be incorporated to The following paragraph applies to persons are blocked, and U.S. persons
FinCEN’s retrospective regulatory the recordkeeping requirements are generally prohibited from engaging
review process, as mandated by E.O. addressed in this notice. An agency may in transactions with them.
12866 and 13563. Therefore, you should not conduct or sponsor, and a person is
not required to respond to, a collection DATES: See SUPPLEMENTARY INFORMATION
submit only information that you wish section.
to make publicly available. of information unless the collection of
FOR FURTHER INFORMATION CONTACT: The
information displays a valid OMB FOR FURTHER INFORMATION CONTACT:
FinCEN Resource Center at 800–767– control number. Records required to be OFAC: Associate Director for Global
2825 or electronically at frc@fincen.gov. retained under the BSA must be Targeting, tel.: 202–622–2420; Assistant
retained for five years. Generally, Director for Licensing, tel.: 202–622–
SUPPLEMENTARY INFORMATION: The BSA,
information collected pursuant to the 2480; Assistant Director for Regulatory
Titles I and II of Public Law 91–508, as
BSA is confidential, but may be shared Affairs, tel.: 202–622–4855; Assistant
amended, codified at 12 U.S.C. 1829(b),
as provided by law with regulatory and Director for Sanctions Compliance &
12 U.S.C.1951–1959, and 31 U.S.C. et
law enforcement authorities. Evaluation, tel.: 202–622–2490; or the
seq., authorizes the Secretary of the Request for Comments: Comments
Treasury (‘‘the Secretary’’), inter alia, to Department of the Treasury’s Office of
submitted in response to this notice will the General Counsel: Office of the Chief
issue regulations requiring records and be summarized and/or included in the
reports that are determined to have a Counsel (Foreign Assets Control), tel.:
request for OMB approval. All 202–622–2410.
high degree of usefulness in criminal, comments will become a matter of
tax, and regulatory matters. Title III of SUPPLEMENTARY INFORMATION:
public record. Comments are invited on:
the U.S.A. PATRIOT Act of 2001, Public (a) Whether the collection of Electronic Availability
daltland on DSKBBV9HB2PROD with NOTICES

Law 107–56, included certain information is necessary for the proper
amendments to the anti-money performance of the functions of the The list of Specially Designated
laundering provisions of Title II of the agency, including whether the Nationals and Blocked Persons (SDN
BSA, 31 U.S.C. 5311 et seq., which are List) and additional information
intended to aid in the prevention, 1 Please note that U.S. banks are only required to concerning OFAC sanctions programs
detection, and prosecution of report this information to FinCEN upon receiving are available on OFAC’s website (http://
international money laundering and a specific written request from FinCEN. www.treasury.gov/ofac).

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Document Created: 2018-05-02 00:49:42
Document Modified: 2018-05-02 00:49:42

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		Notice.
Dates		See SUPPLEMENTARY INFORMATION section.
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; Assistant Director for Sanctions Compliance & Evaluation, tel.: 202-622-2490; 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 Citation		83 FR 19403

83 FR 19403 - Notice of OFAC Sanctions Actions

DEPARTMENT OF THE TREASURYOffice of Foreign Assets Control

Federal Register Volume 83, Issue 85 (May 2, 2018)

DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control