83_FR_30460 83 FR 30335 - Iranian Transactions and Sanctions Regulations

83 FR 30335 - Iranian Transactions and Sanctions Regulations

DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control

Federal Register Volume 83, Issue 125 (June 28, 2018)

Page Range30335-30338
FR Document2018-13939

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is amending the Iranian Transactions and Sanctions Regulations (ITSR) to implement the President's May 8, 2018 decision to end the United States' participation in the Joint Comprehensive Plan of Action (JCPOA) on Iran's nuclear program, as outlined in National Security Presidential Memorandum-11 of May 8, 2018 (NSPM-11). Specifically, OFAC is amending the ITSR to: Amend the general licenses authorizing the importation into the United States of, and dealings in, Iranian-origin carpets and foodstuffs, as well as related letters of credit and brokering services, to narrow the scope of such general licenses to the wind down of such activities through August 6, 2018; add a new general license to authorize the wind down, through August 6, 2018, of transactions related to the negotiation of contingent contracts for activities eligible for authorization under the Statement of Licensing Policy for Activities Related to the Export or Re-export to Iran of Commercial Passenger Aircraft and Related Parts and Services, which was rescinded following the issuance of NSPM-11; and add a new general license to authorize the wind down, through November 4, 2018, of certain transactions relating to foreign entities owned or controlled by a United States person.

Federal Register, Volume 83 Issue 125 (Thursday, June 28, 2018)
[Federal Register Volume 83, Number 125 (Thursday, June 28, 2018)]
[Rules and Regulations]
[Pages 30335-30338]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-13939]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Part 560


Iranian Transactions and Sanctions Regulations

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Final rule.

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SUMMARY: The Department of the Treasury's Office of Foreign Assets 
Control (OFAC) is amending the Iranian Transactions and Sanctions 
Regulations (ITSR) to implement the President's May 8, 2018 decision to 
end the United States' participation in the Joint Comprehensive Plan of 
Action (JCPOA) on Iran's nuclear program, as outlined in National 
Security Presidential Memorandum-11 of May 8, 2018 (NSPM-11). 
Specifically, OFAC is amending the ITSR to: Amend the general licenses 
authorizing the importation into the United States of, and dealings in, 
Iranian-origin carpets and foodstuffs, as well as related letters of 
credit and brokering services, to narrow the scope of such general 
licenses to the wind down of such activities through August 6, 2018; 
add a new general license to authorize the wind down, through August 6, 
2018, of transactions related to the negotiation of contingent 
contracts for activities eligible for authorization under the Statement 
of Licensing Policy for Activities Related to the Export or Re-export 
to Iran of Commercial Passenger Aircraft and Related Parts and 
Services, which was rescinded following the issuance of NSPM-11; and 
add a new general license to authorize the wind down, through November 
4, 2018, of certain transactions relating to foreign entities owned or 
controlled by a United States person.

DATES: Effective Date: June 27, 2018.

FOR FURTHER INFORMATION CONTACT: OFAC: 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 Chief Counsel (Foreign Assets Control), Office 
of the General Counsel, tel.: 202-622-2410.

SUPPLEMENTARY INFORMATION: 

Electronic Availability

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

Background

    On May 8, 2018, the President issued NSPM-11, which set forth his 
decision to end the United States' participation in the JCPOA. In NSPM-
11, the

[[Page 30336]]

President directed the Secretary of State and the Secretary of the 
Treasury to immediately begin taking steps to re-impose all United 
States sanctions lifted or waived in connection with the JCPOA as 
expeditiously as possible, and in no case later than 180 days from the 
date of NSPM-11. Today, OFAC is amending the ITSR, 31 CFR part 560, to 
issue wind-down authorizations for activities involving Iran that were 
previously authorized by OFAC in connection with the U.S. sanctions 
relief provided for under the JCPOA. In conjunction with this action, 
OFAC has revoked General License H and General License I, two 
authorizations for activities involving Iran that were previously 
issued by OFAC in connection with the U.S. sanctions relief provided 
for under the JCPOA.
    On January 16, 2016, OFAC issued General License H to license 
certain transactions relating to foreign entities owned or controlled 
by a United States person. At the time of its issuance, General License 
H was posted on OFAC's website (www.treasury.gov/ofac).
    Also on January 16, 2016, OFAC issued a Statement of Licensing 
Policy for Activities Related to the Export or Re-export to Iran of 
Commercial Passenger Aircraft and Related Parts and Services (JCPOA 
SLP). At the time of its issuance, the JCPOA SLP was posted on OFAC's 
website (www.treasury.gov/ofac). Following the issuance of NSPM-11, 
OFAC rescinded the JCPOA SLP and posted an archived version of the 
JCPOA SLP on its website for reference purposes.
    On January 21, 2016, OFAC amended the ITSR to license the 
importation into the United States of certain Iranian-origin carpets 
and foodstuffs, including pistachios and caviar (81 FR 3330). 
Specifically, OFAC added Sec.  560.534 to the ITSR to authorize by 
general license the importation into the United States of, and dealings 
in, certain Iranian-origin foodstuffs and carpets from Iran or a third 
country. OFAC also added Sec.  560.535 to the ITSR to authorize by 
general license certain letters of credit and brokering services 
relating to certain Iranian-origin foodstuffs and carpets.
    On March 24, 2016, OFAC issued General License I to authorize 
certain transactions related to the negotiation of, and entry into, 
contingent contracts for activities eligible for authorization under 
the JCPOA SLP. At the time of its issuance, General License I was 
posted on OFAC's website (www.treasury.gov/ofac).
    Today, OFAC is amending the ITSR to implement the wind-down 
authorizations for the above-referenced activities involving Iran that 
were previously authorized by OFAC pursuant to the ITSR in connection 
with the U.S. sanctions relief provided for under the JCPOA.
    First, OFAC is amending Sec.  560.534 to narrow the scope of that 
general license to authorize, through 11:59 p.m. eastern daylight time 
on August 6, 2018, only the wind down of transactions related to the 
importation into the United States of, and dealings in, certain 
Iranian-origin foodstuffs and carpets. U.S. persons will be authorized 
to engage in all transactions and activities that are ordinarily 
incident and necessary to the wind down of transactions that were 
previously authorized under Sec.  560.534. After 11:59 p.m. eastern 
daylight time on August 6, 2018, no further transactions are authorized 
under amended Sec.  560.534.
    OFAC is also amending Sec.  560.535 to narrow the scope of that 
general license to authorize, through 11:59 p.m. eastern daylight time 
on August 6, 2018, only the wind down of transactions related to 
letters of credit and brokering services relating to certain Iranian-
origin foodstuffs and carpets. U.S. persons will be authorized to 
engage in all transactions and activities that are ordinarily incident 
and necessary to the wind down of transactions that were previously 
authorized under Sec.  560.535. After 11:59 p.m. eastern daylight time 
on August 6, 2018, no further transactions are authorized under amended 
Sec.  560.535.
    In addition, OFAC is adding Sec.  560.536 to authorize, through 
11:59 p.m. eastern daylight time on August 6, 2018, all transactions 
and activities that are ordinarily incident and necessary to the wind 
down of transactions related to the negotiation of contingent contracts 
for activities that were, at the time of the negotiation, eligible for 
authorization under the JCPOA SLP. This wind-down authorization enables 
U.S. persons to wind down, through August 6, 2018, activities that were 
previously authorized pursuant to General License I. In conjunction 
with this action, OFAC has revoked General License I and has posted an 
archived version of General License I on its website (www.treasury.gov/ofac) for reference purposes. After 11:59 p.m. eastern daylight time on 
August 6, 2018, no further transactions are authorized under Sec.  
560.536.
    Finally, OFAC is adding Sec.  560.537 to authorize, through 11:59 
p.m. eastern standard time on November 4, 2018, all transactions and 
activities that are ordinarily incident and necessary to the wind down 
of transactions relating to foreign entities owned or controlled by a 
United States person that were previously authorized under General 
License H. In conjunction with this action, OFAC has revoked General 
License H and has posted an archived version of General License H on 
its website (www.treasury.gov/ofac) for reference purposes. After 11:59 
p.m. eastern standard time on November 4, 2018, no further transactions 
are authorized under Sec.  560.537.

Public Participation

    Because the amendment of the ITSR involves a foreign affairs 
function, the provisions of Executive Order 12866 and 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. Because 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 ITSR are contained in 
31 CFR part 501 (the ``Reporting, Procedures and Penalties 
Regulations''). Pursuant to the Paperwork Reduction Act of 1995 (44 
U.S.C. 3507), those collections of information have been approved by 
the Office of Management and Budget under control number 1505-0164. 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 560

    Administrative practice and procedure, Aircraft, Banks, Banking, 
Carpet, Civil aviation, Foodstuffs, Iran, Letters of credit.

    For the reasons set forth in the preamble, the Department of the 
Treasury's Office of Foreign Assets Control amends 31 CFR chapter V as 
follows:

PART 560--IRANIAN TRANSACTIONS AND SANCTIONS REGULATIONS

0
1. The authority citation for part 560 continues to read as follows:

    Authority:  3 U.S.C. 301; 18 U.S.C. 2339B, 2332d; 22 U.S.C. 
2349aa-9; 22 U.S.C. 7201-7211; 31 U.S.C. 321(b); 50 U.S.C. 1601-
1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890 (28 U.S.C. 2461 
note); Pub. L. 110-96, 121 Stat. 1011 (50 U.S.C. 1705 note); Pub. L. 
111-195, 124 Stat. 1312 (22 U.S.C. 8501-8551); Pub. L. 112-81, 125 
Stat. 1298 (22 U.S.C. 8513a); Pub. L. 112-158, 126 Stat. 1214 (22 
U.S.C. 8701-8795); E.O. 12613, 52 FR 41940,

[[Page 30337]]

3 CFR, 1987 Comp., p. 256; E.O. 12957, 60 FR 14615, 3 CFR, 1995 
Comp., p. 332; E.O. 12959, 60 FR 24757, 3 CFR, 1995 Comp., p. 356; 
E.O. 13059, 62 FR 44531, 3 CFR, 1997 Comp., p. 217; E.O. 13599, 77 
FR 6659, 3 CFR, 2012 Comp., p. 215; E.O. 13628, 77 FR 62139, 3 CFR, 
2012 Comp., p. 314.

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

0
2. Revise Sec.  560.534 to read as follows:


Sec.  560.534   Winding down of transactions related to the importation 
into the United States of, and dealings in, certain foodstuffs and 
carpets.

    (a) Except as provided in paragraphs (b) and (c) of this section, 
all transactions and activities that are ordinarily incident and 
necessary to the wind down of the following activities are authorized 
through 11:59 p.m. eastern daylight time on August 6, 2018:
    (1) The importation into the United States, from Iran or a third 
country, of the following goods of Iranian origin:
    (i) Foodstuffs intended for human consumption that are classified 
under chapters 2-23 of the Harmonized Tariff Schedule of the United 
States; and
    (ii) Carpets and other textile floor coverings and carpets used as 
wall hangings that are classified under chapter 57 or heading 
9706.00.0060 of the Harmonized Tariff Schedule of the United States.
    (2) United States persons, wherever located, engaging in 
transactions or dealings in or related to the categories of Iranian-
origin goods described in paragraph (a)(1) of this section, provided 
that the transaction or dealing does not involve or relate to goods, 
technology, or services for exportation, reexportation, sale, or 
supply, directly or indirectly, to Iran, the Government of Iran, an 
Iranian financial institution, or any other person whose property and 
interests in property are blocked pursuant to Sec.  560.211, other than 
services described in Sec.  560.405 (``Transactions ordinarily incident 
to a licensed transaction authorized'') and transfers of funds 
described in Sec.  560.516 (``Transfers of funds involving Iran'').
    (b) This general license does not authorize the importation into 
the United States of goods that were under seizure or detention by the 
Department of Homeland Security, as of January 21, 2016, pursuant to 
Customs regulations or other applicable provisions of law, until any 
applicable penalties, charges, duties, or other conditions are 
satisfied. This general license does not authorize the importation into 
the United States of goods for which forfeiture proceedings have 
commenced or of goods that have been forfeited to the U.S. Government, 
other than through U.S. Customs and Border Protection disposition, 
including by selling at auction.
    (c) Nothing in this section authorizes debits or credits to Iranian 
accounts, as defined in Sec.  560.320.

0
3. Revise Sec.  560.535 to read as follows:


Sec.  560.535   Winding down of transactions related to letters of 
credit and brokering services relating to certain foodstuffs and 
carpets.

    (a) Wind down. Except as provided in paragraph (b) of this section, 
all transactions and activities that are ordinarily incident and 
necessary to the wind down of the following activities are authorized 
through 11:59 p.m. eastern daylight time on August 6, 2018:
    (1) Purchases from Iran or the Government of Iran or certain other 
blocked persons. United States depository institutions issuing letters 
of credit in favor of a beneficiary in Iran, the Government of Iran, an 
Iranian financial institution, or any other person whose property and 
interests in property are blocked pursuant to Sec.  560.211 to pay for 
purchases from Iran or the Government of Iran of the categories of 
Iranian-origin goods described in Sec.  560.534(a)(1), provided that 
such letters of credit are not advised, negotiated, paid, or confirmed 
by the Government of Iran, an Iranian financial institution, or any 
other person whose property and interests in property are blocked 
pursuant to Sec.  560.211.
    (2) Transactions or dealings in Iranian-origin goods located in 
third countries, other than purchases from the Government of Iran or 
certain other blocked persons. United States depository institutions 
issuing, advising, negotiating, or confirming letters of credit to pay 
for transactions in or related to Iranian-origin goods described in 
Sec.  560.534(a)(1) and located in a third-country, other than 
purchases from the Government of Iran, an Iranian financial 
institution, or any other person whose property and interests in 
property are blocked pursuant to Sec.  560.211, provided that such 
letters of credit are not issued, advised, negotiated, paid, or 
confirmed by the Government of Iran, an Iranian financial institution, 
or any other person whose property and interests in property are 
blocked pursuant to Sec.  560.211.
    (3) Brokering. United States persons, wherever located, acting as 
brokers for the purchase or sale of the categories of Iranian-origin 
goods described in Sec.  560.534(a)(1), provided that the goods are not 
for exportation, reexportation, sale, or supply, directly or 
indirectly, to Iran, the Government of Iran, an Iranian financial 
institution, or any other person whose property and interests in 
property are blocked pursuant to Sec.  560.211.
    (b) Iranian accounts. Nothing in this section authorizes debits or 
credits to Iranian accounts, as defined in Sec.  560.320.

    Note 1 to Sec.  560.535: See Sec. Sec.  560.304 and 560.313 for 
information relating to individuals and entities that are included 
within the definition of the term Government of Iran and Sec.  
560.324 regarding entities included within the definition of the 
term Iranian financial institution. See Sec.  560.516 for 
information relating to authorized transfers to Iran by U.S. 
depository institutions relating to licensed transactions.


0
4. Add Sec.  560.536 to subpart E to read as follows:


Sec.  560.536   Winding down of transactions related to the negotiation 
of contingent contracts for activities eligible for authorization under 
the Statement of Licensing Policy for Activities Related to the Export 
or Re-export to Iran of Commercial Passenger Aircraft and Related Parts 
and Services.

    (a) All transactions and activities that are ordinarily incident 
and necessary to the wind down of the following activities are 
authorized through 11:59 p.m. eastern daylight time on August 6, 2018: 
U.S. persons engaging in all transactions ordinarily incident to the 
negotiation of contingent contracts for activities that were, at the 
time of the negotiation, eligible for authorization under the now-
rescinded Statement of Licensing Policy for Activities Related to the 
Export or Re-export to Iran of Commercial Passenger Aircraft and 
Related Parts and Services (JCPOA SLP).

    Note 1 to paragraph (a): OFAC has posted an archived copy of the 
JCPOA SLP on its website (www.treasury.gov/ofac) for reference 
purposes.

    (b) Nothing in paragraph (a) of this section authorizes the 
exportation, reexportation, sale, or supply, directly or indirectly, of 
any goods or technology to Iran, the Government of Iran, an Iranian 
financial institution, or any other person whose property and interests 
in property are blocked pursuant to Sec.  560.211.
    (c) For purposes of this section, the term ``contingent contract'' 
means a contract where the performance of the contract is made 
expressly contingent upon the issuance of a specific license by the 
Office of Foreign Assets Control authorizing the activities to be 
performed. For purposes of this section, the term ``contingent 
contract'' includes executory contracts, executory pro forma invoices, 
agreements in principle,

[[Page 30338]]

executory offers capable of acceptance such as bids or proposals in 
response to public tenders, binding memoranda of understanding, or any 
other similar agreement.

0
5. Add Sec.  560.537 to subpart E to read as follows:


Sec.  560.537   Winding down of transactions relating to foreign 
entities owned or controlled by a U.S. person.

    (a) Except as provided in paragraph (c) of this section, all 
transactions and activities that are ordinarily incident and necessary 
to the wind down of the following activities are authorized through 
11:59 p.m. eastern standard time on November 4, 2018: an entity owned 
or controlled by a United States person and established or maintained 
outside the United States (a ``U.S.-owned or -controlled foreign 
entity'') engaging in transactions, directly or indirectly, with the 
Government of Iran or any person subject to the jurisdiction of the 
Government of Iran that would otherwise be prohibited by Sec.  560.215.
    (b) All transactions and activities that are ordinarily incident 
and necessary to the wind down of the following activities are 
authorized through 11:59 p.m. eastern standard time on November 4, 
2018: A United States person engaging in the following:
    (1) Activities related to the establishment or alteration of 
operating policies and procedures of a United States entity or a U.S.-
owned or -controlled foreign entity, to the extent necessary to allow a 
U.S.-owned or -controlled foreign entity to engage in transactions 
authorized in paragraph (a) of this section; and
    (2) Activities to make available to those foreign entities that the 
U.S. person owns or controls any automated and globally integrated 
computer, accounting, email, telecommunications, or other business 
support system, platform, database, application, or server necessary to 
store, collect, transmit, generate, or otherwise process documents or 
information related to transactions authorized in paragraph (a) of this 
section.

    Note 1 to paragraph (b): See Sec.  560.208 for prohibitions on 
facilitation by United States persons, which remain in effect, with 
the exception of activities authorized in paragraph (b) of this 
section.

    (c) Paragraph (a) of this section does not authorize transactions 
involving:
    (1) The exportation, reexportation, sale, or supply, directly or 
indirectly, from the United States of any goods, technology, or 
services prohibited by Sec.  560.204 or the reexportation from a third 
country of any goods, technology, or services prohibited by Sec.  
560.205;
    (2) Any transfer of funds to, from, or through a United States 
depository institution or a United States-registered broker or dealer 
in securities;
    (3) Any person on OFAC's list of Specially Designated Nationals and 
Blocked Persons (SDN List), or any activity that would be prohibited by 
any part of 31 CFR chapter V other than part 560 if engaged in by a 
United States person or in the United States;
    (4) Any person identified on the List of Foreign Sanctions Evaders 
pursuant to Executive Order 13608;
    (5) Any activity involving any item (including information) subject 
to the Export Administration Regulations, 15 CFR parts 730 through 774 
(EAR), that is prohibited by, or otherwise requires a license under, 
part 744 of the EAR; or participation in any transaction involving a 
person whose export privileges have been denied pursuant to part 764 or 
766 of the EAR, without authorization from the Department of Commerce;
    (6) Any military, paramilitary, intelligence, or law enforcement 
entity of the Government of Iran, or any official, agent, or affiliate 
thereof;
    (7) Any activity that is sanctionable under Executive Order 12938 
or 13382 (relating to Iran's proliferation of weapons of mass 
destruction and their means of delivery, including ballistic missiles); 
Executive Order 13224 (relating to international terrorism); Executive 
Order 13572 or 13582 (relating to Syria); Executive Order 13611 
(relating to Yemen); or Executive Order 13553 or 13606, or section 2 or 
3 of Executive Order 13628 (relating to Iran's commission of human 
rights abuses against its citizens); or
    (8) Any nuclear activity involving Iran that is subject to the 
procurement channel established pursuant to paragraph 16 of the United 
Nations Security Council Resolution 2231 (2015) and Section 6 of Annex 
IV to the Joint Comprehensive Plan of Action of July 14, 2015 and that 
has not been approved through that procurement channel process.
    (d)(1) For purposes of paragraph (b)(2) of this section, the term 
``automated'' refers to a computer, accounting, email, 
telecommunications, or other business support system, platform, 
database, application, or server that operates passively and without 
human intervention to facilitate the flow of data between and among the 
United States person and its owned or controlled foreign entities.
    (2) For purposes of paragraph (b)(2) of this section, the term 
``globally integrated'' refers to a computer, accounting, email, 
telecommunications, or other business support system, platform, 
database, application, or server that is available to, and in general 
use by, the United States person's global organization, including the 
United States person and its owned or controlled foreign entities.
    (3) Paragraph (b)(2) of this section does not authorize the use of 
any automated computer, accounting, email, telecommunications, or other 
business support system, platform, database, application, or server in 
connection with any transfer of funds to, from, or through a United 
States depository institution or a United States-registered broker or 
dealer in securities.

    Dated: June 25, 2018.
Andrea Gacki,
Acting Director, Office of Foreign Assets Control.
[FR Doc. 2018-13939 Filed 6-27-18; 8:45 am]
 BILLING CODE 4810-AL-P



                                                               Federal Register / Vol. 83, No. 125 / Thursday, June 28, 2018 / Rules and Regulations                                                     30335

                                           Executive Order 12988 (Civil Justice                      that this action would affect a taking of                     Issued on: June 21, 2018.
                                           Reform)                                                   private property or otherwise have                          Brandye L. Hendrickson,
                                              This action meets applicable                           taking implications under Executive                         Acting Administrator, Federal Highway
                                           standards in sections 3(a) and 3(b)(2) of                 Order 12630.                                                Administration.
                                           Executive Order 12988, Civil Justice                      National Environmental Policy Act                             In consideration of the foregoing, the
                                           Reform, to minimize litigation,                                                                                       FHWA amends 23 CFR part 658, as set
                                           eliminate ambiguity, and reduce                              The Agency has analyzed this action                      forth below:
                                           burden.                                                   for the purpose of the National
                                                                                                     Environmental Policy Act of 1969 (42                        PART 658—TRUCK SIZE AND WEIGHT,
                                           Executive Order 13045 (Protection of                      U.S.C. 4321–4347) and has determined                        ROUTE DESIGNATIONS—LENGTH,
                                           Children)                                                 that this action would not have any                         WIDTH AND WEIGHT LIMITATIONS
                                             The FHWA has analyzed this rule                         effect on the quality of the environment.
                                           under Executive Order 13045,                                                                                          ■ 1. The authority citation for part 658
                                                                                                     Regulation Identification Number                            continues to read as follows:
                                           Protection of Children from
                                           Environmental Health Risks and Safety                       A regulation identification number                          Authority: 23 U.S.C. 127 and 315; 49
                                           Risks. The FHWA certifies that this                       (RIN) is assigned to each regulatory                        U.S.C. 31111, 31112, and 31114; sec. 347,
                                           action would not cause any                                action listed in the Unified Agenda of                      Pub. L. 108–7, 117 Stat. 419; sec. 756, Pub
                                           environmental risk to health or safety                    Federal Regulations. The Regulatory                         L. 109–59, 119 Stat. 1219; sec. 115, Pub. L.
                                           that might disproportionately affect                      Information Service Center publishes                        109–115, 119 Stat. 2408; 49 CFR 1.48(b)(19)
                                           children.                                                 the Unified Agenda in April and                             and (c)(19).
                                                                                                     October of each year. The RIN contained                     ■ 2. Amend Appendix A to Part 658 by
                                           Executive Order 12630 (Taking of                          in the heading of this document can be                      adding an entry to the end of the New
                                           Private Property)                                         used to cross reference this action with                    York portion of the table to read as
                                             The FHWA has analyzed this rule                         the Unified Agenda.                                         follows:
                                           under Executive Order 12630,
                                           Governmental Actions and Interface                        List of Subjects in 23 CFR Part 658                         Appendix A to Part 658—National
                                           with Constitutionally Protected Property                    Grants program—transportation,                            Network—Federally-Designated Routes
                                           Rights. The FHWA does not anticipate                      Highways and roads, Motor carriers.                         *       *     *       *   *

                                                                                   Route                                                              From                                     To


                                                      *                        *                        *                          *                         *                     *                 *

                                                                                                                           New York


                                                    *                  *                                *                               *                  *                       *                  *
                                           Sheridan Boulevard (NY 895) ................................................................ I–278 Bruckner Expressway ..........   I–95 Cross Bronx Expressway.

                                                      *                        *                        *                          *                         *                     *                 *



                                           [FR Doc. 2018–13903 Filed 6–27–18; 8:45 am]               Memorandum-11 of May 8, 2018                                entities owned or controlled by a United
                                           BILLING CODE 4910–22–P                                    (NSPM–11). Specifically, OFAC is                            States person.
                                                                                                     amending the ITSR to: Amend the                             DATES: Effective Date: June 27, 2018.
                                                                                                     general licenses authorizing the                            FOR FURTHER INFORMATION CONTACT:
                                           DEPARTMENT OF THE TREASURY                                importation into the United States of,                      OFAC: Assistant Director for Licensing,
                                                                                                     and dealings in, Iranian-origin carpets                     tel.: 202–622–2480; Assistant Director
                                           Office of Foreign Assets Control                          and foodstuffs, as well as related letters                  for Regulatory Affairs, tel.: 202–622–
                                                                                                     of credit and brokering services, to                        4855; Assistant Director for Sanctions
                                           31 CFR Part 560                                           narrow the scope of such general                            Compliance & Evaluation, tel.: 202–622–
                                                                                                     licenses to the wind down of such                           2490; or the Department of the
                                           Iranian Transactions and Sanctions                        activities through August 6, 2018; add a                    Treasury’s Office of the Chief Counsel
                                           Regulations                                               new general license to authorize the                        (Foreign Assets Control), Office of the
                                           AGENCY:  Office of Foreign Assets                         wind down, through August 6, 2018, of                       General Counsel, tel.: 202–622–2410.
                                           Control, Treasury.                                        transactions related to the negotiation of                  SUPPLEMENTARY INFORMATION:
                                           ACTION: Final rule.                                       contingent contracts for activities
                                                                                                     eligible for authorization under the                        Electronic Availability
                                           SUMMARY:   The Department of the                          Statement of Licensing Policy for                             This document and additional
                                           Treasury’s Office of Foreign Assets                       Activities Related to the Export or Re-                     information concerning OFAC are
                                           Control (OFAC) is amending the Iranian                    export to Iran of Commercial Passenger                      available on OFAC’s website
                                           Transactions and Sanctions Regulations                                                                                (www.treasury.gov/ofac).
amozie on DSK3GDR082PROD with RULES




                                                                                                     Aircraft and Related Parts and Services,
                                           (ITSR) to implement the President’s                       which was rescinded following the
                                           May 8, 2018 decision to end the United                                                                                Background
                                                                                                     issuance of NSPM–11; and add a new
                                           States’ participation in the Joint                        general license to authorize the wind                         On May 8, 2018, the President issued
                                           Comprehensive Plan of Action (JCPOA)                      down, through November 4, 2018, of                          NSPM–11, which set forth his decision
                                           on Iran’s nuclear program, as outlined                    certain transactions relating to foreign                    to end the United States’ participation
                                           in National Security Presidential                                                                                     in the JCPOA. In NSPM–11, the


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                                           30336              Federal Register / Vol. 83, No. 125 / Thursday, June 28, 2018 / Rules and Regulations

                                           President directed the Secretary of State               authorizations for the above-referenced                foreign entities owned or controlled by
                                           and the Secretary of the Treasury to                    activities involving Iran that were                    a United States person that were
                                           immediately begin taking steps to re-                   previously authorized by OFAC                          previously authorized under General
                                           impose all United States sanctions lifted               pursuant to the ITSR in connection with                License H. In conjunction with this
                                           or waived in connection with the                        the U.S. sanctions relief provided for                 action, OFAC has revoked General
                                           JCPOA as expeditiously as possible, and                 under the JCPOA.                                       License H and has posted an archived
                                           in no case later than 180 days from the                    First, OFAC is amending § 560.534 to                version of General License H on its
                                           date of NSPM–11. Today, OFAC is                         narrow the scope of that general license               website (www.treasury.gov/ofac) for
                                           amending the ITSR, 31 CFR part 560, to                  to authorize, through 11:59 p.m. eastern               reference purposes. After 11:59 p.m.
                                           issue wind-down authorizations for                      daylight time on August 6, 2018, only                  eastern standard time on November 4,
                                           activities involving Iran that were                     the wind down of transactions related to               2018, no further transactions are
                                           previously authorized by OFAC in                        the importation into the United States                 authorized under § 560.537.
                                           connection with the U.S. sanctions                      of, and dealings in, certain Iranian-
                                           relief provided for under the JCPOA. In                 origin foodstuffs and carpets. U.S.                    Public Participation
                                           conjunction with this action, OFAC has                  persons will be authorized to engage in                   Because the amendment of the ITSR
                                           revoked General License H and General                   all transactions and activities that are               involves a foreign affairs function, the
                                           License I, two authorizations for                       ordinarily incident and necessary to the               provisions of Executive Order 12866
                                           activities involving Iran that were                     wind down of transactions that were                    and the Administrative Procedure Act
                                           previously issued by OFAC in                            previously authorized under § 560.534.                 (5 U.S.C. 553) requiring notice of
                                           connection with the U.S. sanctions                      After 11:59 p.m. eastern daylight time                 proposed rulemaking, opportunity for
                                           relief provided for under the JCPOA.                    on August 6, 2018, no further                          public participation, and delay in
                                              On January 16, 2016, OFAC issued                     transactions are authorized under                      effective date, as well as the provisions
                                           General License H to license certain                    amended § 560.534.                                     of Executive Order 13771, are
                                           transactions relating to foreign entities                  OFAC is also amending § 560.535 to                  inapplicable. Because no notice of
                                           owned or controlled by a United States                  narrow the scope of that general license               proposed rulemaking is required for this
                                           person. At the time of its issuance,                    to authorize, through 11:59 p.m. eastern               rule, the Regulatory Flexibility Act
                                           General License H was posted on                         daylight time on August 6, 2018, only                  (5 U.S.C. 601–612) does not apply.
                                           OFAC’s website (www.treasury.gov/                       the wind down of transactions related to
                                           ofac).                                                  letters of credit and brokering services               Paperwork Reduction Act
                                              Also on January 16, 2016, OFAC                       relating to certain Iranian-origin                       The collections of information related
                                           issued a Statement of Licensing Policy                  foodstuffs and carpets. U.S. persons will              to the ITSR are contained in 31 CFR part
                                           for Activities Related to the Export or                 be authorized to engage in all                         501 (the ‘‘Reporting, Procedures and
                                           Re-export to Iran of Commercial                         transactions and activities that are                   Penalties Regulations’’). Pursuant to the
                                           Passenger Aircraft and Related Parts                    ordinarily incident and necessary to the               Paperwork Reduction Act of 1995 (44
                                           and Services (JCPOA SLP). At the time                   wind down of transactions that were                    U.S.C. 3507), those collections of
                                           of its issuance, the JCPOA SLP was                      previously authorized under § 560.535.                 information have been approved by the
                                           posted on OFAC’s website                                After 11:59 p.m. eastern daylight time                 Office of Management and Budget under
                                           (www.treasury.gov/ofac). Following the                  on August 6, 2018, no further                          control number 1505–0164. An agency
                                           issuance of NSPM–11, OFAC rescinded                     transactions are authorized under                      may not conduct or sponsor, and a
                                           the JCPOA SLP and posted an archived                    amended § 560.535.                                     person is not required to respond to, a
                                           version of the JCPOA SLP on its website                    In addition, OFAC is adding § 560.536               collection of information unless the
                                           for reference purposes.                                 to authorize, through 11:59 p.m. eastern               collection of information displays a
                                              On January 21, 2016, OFAC amended                    daylight time on August 6, 2018, all                   valid control number.
                                           the ITSR to license the importation into                transactions and activities that are
                                           the United States of certain Iranian-                   ordinarily incident and necessary to the               List of Subjects in 31 CFR Part 560
                                           origin carpets and foodstuffs, including                wind down of transactions related to the                 Administrative practice and
                                           pistachios and caviar (81 FR 3330).                     negotiation of contingent contracts for                procedure, Aircraft, Banks, Banking,
                                           Specifically, OFAC added § 560.534 to                   activities that were, at the time of the               Carpet, Civil aviation, Foodstuffs, Iran,
                                           the ITSR to authorize by general license                negotiation, eligible for authorization                Letters of credit.
                                           the importation into the United States                  under the JCPOA SLP. This wind-down                      For the reasons set forth in the
                                           of, and dealings in, certain Iranian-                   authorization enables U.S. persons to                  preamble, the Department of the
                                           origin foodstuffs and carpets from Iran                 wind down, through August 6, 2018,                     Treasury’s Office of Foreign Assets
                                           or a third country. OFAC also added                     activities that were previously                        Control amends 31 CFR chapter V as
                                           § 560.535 to the ITSR to authorize by                   authorized pursuant to General License                 follows:
                                           general license certain letters of credit               I. In conjunction with this action, OFAC
                                           and brokering services relating to                      has revoked General License I and has                  PART 560—IRANIAN TRANSACTIONS
                                           certain Iranian-origin foodstuffs and                   posted an archived version of General                  AND SANCTIONS REGULATIONS
                                           carpets.                                                License I on its website
                                              On March 24, 2016, OFAC issued                       (www.treasury.gov/ofac) for reference                  ■ 1. The authority citation for part 560
                                           General License I to authorize certain                  purposes. After 11:59 p.m. eastern                     continues to read as follows:
                                           transactions related to the negotiation                 daylight time on August 6, 2018, no                      Authority: 3 U.S.C. 301; 18 U.S.C. 2339B,
                                           of, and entry into, contingent contracts                further transactions are authorized                    2332d; 22 U.S.C. 2349aa–9; 22 U.S.C. 7201–
                                           for activities eligible for authorization               under § 560.536.                                       7211; 31 U.S.C. 321(b); 50 U.S.C. 1601–1651,
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                                           under the JCPOA SLP. At the time of its                    Finally, OFAC is adding § 560.537 to                1701–1706; Pub. L. 101–410, 104 Stat. 890
                                                                                                   authorize, through 11:59 p.m. eastern                  (28 U.S.C. 2461 note); Pub. L. 110–96, 121
                                           issuance, General License I was posted                                                                         Stat. 1011 (50 U.S.C. 1705 note); Pub. L. 111–
                                           on OFAC’s website (www.treasury.gov/                    standard time on November 4, 2018, all                 195, 124 Stat. 1312 (22 U.S.C. 8501–8551);
                                           ofac).                                                  transactions and activities that are                   Pub. L. 112–81, 125 Stat. 1298 (22 U.S.C.
                                              Today, OFAC is amending the ITSR to                  ordinarily incident and necessary to the               8513a); Pub. L. 112–158, 126 Stat. 1214 (22
                                           implement the wind-down                                 wind down of transactions relating to                  U.S.C. 8701–8795); E.O. 12613, 52 FR 41940,



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                                                              Federal Register / Vol. 83, No. 125 / Thursday, June 28, 2018 / Rules and Regulations                                             30337

                                           3 CFR, 1987 Comp., p. 256; E.O. 12957, 60               other than through U.S. Customs and                    financial institution, or any other person
                                           FR 14615, 3 CFR, 1995 Comp., p. 332; E.O.               Border Protection disposition, including               whose property and interests in
                                           12959, 60 FR 24757, 3 CFR, 1995 Comp., p.               by selling at auction.                                 property are blocked pursuant to
                                           356; E.O. 13059, 62 FR 44531, 3 CFR, 1997                 (c) Nothing in this section authorizes               § 560.211.
                                           Comp., p. 217; E.O. 13599, 77 FR 6659, 3
                                                                                                   debits or credits to Iranian accounts, as                 (b) Iranian accounts. Nothing in this
                                           CFR, 2012 Comp., p. 215; E.O. 13628, 77 FR
                                           62139, 3 CFR, 2012 Comp., p. 314.                       defined in § 560.320.                                  section authorizes debits or credits to
                                                                                                   ■ 3. Revise § 560.535 to read as follows:              Iranian accounts, as defined in
                                           Subpart E—Licenses, Authorizations,                                                                            § 560.320.
                                                                                                   § 560.535 Winding down of transactions
                                           and Statements of Licensing Policy                      related to letters of credit and brokering                Note 1 to § 560.535: See §§ 560.304 and
                                                                                                   services relating to certain foodstuffs and            560.313 for information relating to
                                           ■   2. Revise § 560.534 to read as follows:             carpets.                                               individuals and entities that are included
                                                                                                                                                          within the definition of the term Government
                                           § 560.534 Winding down of transactions                     (a) Wind down. Except as provided in                of Iran and § 560.324 regarding entities
                                           related to the importation into the United              paragraph (b) of this section, all                     included within the definition of the term
                                           States of, and dealings in, certain                     transactions and activities that are                   Iranian financial institution. See § 560.516
                                           foodstuffs and carpets.                                 ordinarily incident and necessary to the               for information relating to authorized
                                              (a) Except as provided in paragraphs                 wind down of the following activities                  transfers to Iran by U.S. depository
                                           (b) and (c) of this section, all                        are authorized through 11:59 p.m.                      institutions relating to licensed transactions.
                                           transactions and activities that are                    eastern daylight time on August 6, 2018:               ■ 4. Add § 560.536 to subpart E to read
                                           ordinarily incident and necessary to the                   (1) Purchases from Iran or the
                                                                                                                                                          as follows:
                                           wind down of the following activities                   Government of Iran or certain other
                                           are authorized through 11:59 p.m.                       blocked persons. United States                         § 560.536 Winding down of transactions
                                           eastern daylight time on August 6, 2018:                depository institutions issuing letters of             related to the negotiation of contingent
                                              (1) The importation into the United                  credit in favor of a beneficiary in Iran,              contracts for activities eligible for
                                           States, from Iran or a third country, of                the Government of Iran, an Iranian                     authorization under the Statement of
                                           the following goods of Iranian origin:                  financial institution, or any other person             Licensing Policy for Activities Related to
                                              (i) Foodstuffs intended for human                    whose property and interests in                        the Export or Re-export to Iran of
                                           consumption that are classified under                                                                          Commercial Passenger Aircraft and Related
                                                                                                   property are blocked pursuant to                       Parts and Services.
                                           chapters 2–23 of the Harmonized Tariff                  § 560.211 to pay for purchases from Iran
                                           Schedule of the United States; and                      or the Government of Iran of the                          (a) All transactions and activities that
                                              (ii) Carpets and other textile floor                 categories of Iranian-origin goods                     are ordinarily incident and necessary to
                                           coverings and carpets used as wall                      described in § 560.534(a)(1), provided                 the wind down of the following
                                           hangings that are classified under                      that such letters of credit are not                    activities are authorized through 11:59
                                           chapter 57 or heading 9706.00.0060 of                   advised, negotiated, paid, or confirmed                p.m. eastern daylight time on August 6,
                                           the Harmonized Tariff Schedule of the                   by the Government of Iran, an Iranian                  2018: U.S. persons engaging in all
                                           United States.                                          financial institution, or any other person             transactions ordinarily incident to the
                                              (2) United States persons, wherever                  whose property and interests in                        negotiation of contingent contracts for
                                           located, engaging in transactions or                    property are blocked pursuant to                       activities that were, at the time of the
                                           dealings in or related to the categories                § 560.211.                                             negotiation, eligible for authorization
                                           of Iranian-origin goods described in                       (2) Transactions or dealings in                     under the now-rescinded Statement of
                                           paragraph (a)(1) of this section,                       Iranian-origin goods located in third                  Licensing Policy for Activities Related to
                                           provided that the transaction or dealing                countries, other than purchases from                   the Export or Re-export to Iran of
                                           does not involve or relate to goods,                    the Government of Iran or certain other                Commercial Passenger Aircraft and
                                           technology, or services for exportation,                blocked persons. United States                         Related Parts and Services (JCPOA
                                           reexportation, sale, or supply, directly                depository institutions issuing,                       SLP).
                                           or indirectly, to Iran, the Government of               advising, negotiating, or confirming                     Note 1 to paragraph (a): OFAC has posted
                                           Iran, an Iranian financial institution, or              letters of credit to pay for transactions              an archived copy of the JCPOA SLP on its
                                           any other person whose property and                     in or related to Iranian-origin goods                  website (www.treasury.gov/ofac) for reference
                                           interests in property are blocked                       described in § 560.534(a)(1) and located               purposes.
                                           pursuant to § 560.211, other than                       in a third-country, other than purchases                  (b) Nothing in paragraph (a) of this
                                           services described in § 560.405                         from the Government of Iran, an Iranian                section authorizes the exportation,
                                           (‘‘Transactions ordinarily incident to a                financial institution, or any other person             reexportation, sale, or supply, directly
                                           licensed transaction authorized’’) and                  whose property and interests in                        or indirectly, of any goods or technology
                                           transfers of funds described in § 560.516               property are blocked pursuant to                       to Iran, the Government of Iran, an
                                           (‘‘Transfers of funds involving Iran’’).                § 560.211, provided that such letters of               Iranian financial institution, or any
                                              (b) This general license does not                    credit are not issued, advised,                        other person whose property and
                                           authorize the importation into the                      negotiated, paid, or confirmed by the                  interests in property are blocked
                                           United States of goods that were under                  Government of Iran, an Iranian financial               pursuant to § 560.211.
                                           seizure or detention by the Department                  institution, or any other person whose                    (c) For purposes of this section, the
                                           of Homeland Security, as of January 21,                 property and interests in property are                 term ‘‘contingent contract’’ means a
                                           2016, pursuant to Customs regulations                   blocked pursuant to § 560.211.                         contract where the performance of the
                                           or other applicable provisions of law,                     (3) Brokering. United States persons,               contract is made expressly contingent
                                           until any applicable penalties, charges,                wherever located, acting as brokers for                upon the issuance of a specific license
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                                           duties, or other conditions are satisfied.              the purchase or sale of the categories of              by the Office of Foreign Assets Control
                                           This general license does not authorize                 Iranian-origin goods described in                      authorizing the activities to be
                                           the importation into the United States of               § 560.534(a)(1), provided that the goods               performed. For purposes of this section,
                                           goods for which forfeiture proceedings                  are not for exportation, reexportation,                the term ‘‘contingent contract’’ includes
                                           have commenced or of goods that have                    sale, or supply, directly or indirectly, to            executory contracts, executory pro
                                           been forfeited to the U.S. Government,                  Iran, the Government of Iran, an Iranian               forma invoices, agreements in principle,


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                                           30338              Federal Register / Vol. 83, No. 125 / Thursday, June 28, 2018 / Rules and Regulations

                                           executory offers capable of acceptance                     (2) Any transfer of funds to, from, or              or other business support system,
                                           such as bids or proposals in response to                through a United States depository                     platform, database, application, or
                                           public tenders, binding memoranda of                    institution or a United States-registered              server that is available to, and in general
                                           understanding, or any other similar                     broker or dealer in securities;                        use by, the United States person’s global
                                           agreement.                                                 (3) Any person on OFAC’s list of                    organization, including the United
                                           ■ 5. Add § 560.537 to subpart E to read                 Specially Designated Nationals and                     States person and its owned or
                                           as follows:                                             Blocked Persons (SDN List), or any                     controlled foreign entities.
                                                                                                   activity that would be prohibited by any                  (3) Paragraph (b)(2) of this section
                                           § 560.537 Winding down of transactions                  part of 31 CFR chapter V other than part               does not authorize the use of any
                                           relating to foreign entities owned or                   560 if engaged in by a United States
                                           controlled by a U.S. person.
                                                                                                                                                          automated computer, accounting, email,
                                                                                                   person or in the United States;                        telecommunications, or other business
                                              (a) Except as provided in paragraph                     (4) Any person identified on the List               support system, platform, database,
                                           (c) of this section, all transactions and               of Foreign Sanctions Evaders pursuant                  application, or server in connection
                                           activities that are ordinarily incident                 to Executive Order 13608;                              with any transfer of funds to, from, or
                                           and necessary to the wind down of the                      (5) Any activity involving any item                 through a United States depository
                                           following activities are authorized                     (including information) subject to the                 institution or a United States-registered
                                           through 11:59 p.m. eastern standard                     Export Administration Regulations, 15                  broker or dealer in securities.
                                           time on November 4, 2018: an entity                     CFR parts 730 through 774 (EAR), that
                                           owned or controlled by a United States                  is prohibited by, or otherwise requires a                Dated: June 25, 2018.
                                           person and established or maintained                    license under, part 744 of the EAR; or                 Andrea Gacki,
                                           outside the United States (a ‘‘U.S.-                    participation in any transaction                       Acting Director, Office of Foreign Assets
                                           owned or -controlled foreign entity’’)                  involving a person whose export                        Control.
                                           engaging in transactions, directly or                   privileges have been denied pursuant to                [FR Doc. 2018–13939 Filed 6–27–18; 8:45 am]
                                           indirectly, with the Government of Iran                 part 764 or 766 of the EAR, without                    BILLING CODE 4810–AL–P
                                           or any person subject to the jurisdiction               authorization from the Department of
                                           of the Government of Iran that would                    Commerce;
                                           otherwise be prohibited by § 560.215.                      (6) Any military, paramilitary,                     DEPARTMENT OF HOMELAND
                                              (b) All transactions and activities that             intelligence, or law enforcement entity                SECURITY
                                           are ordinarily incident and necessary to                of the Government of Iran, or any
                                           the wind down of the following                          official, agent, or affiliate thereof;                 Coast Guard
                                           activities are authorized through 11:59                    (7) Any activity that is sanctionable
                                           p.m. eastern standard time on November                  under Executive Order 12938 or 13382                   33 CFR Part 100
                                           4, 2018: A United States person                         (relating to Iran’s proliferation of
                                           engaging in the following:                              weapons of mass destruction and their                  [Docket Number USCG–2018–0316]
                                              (1) Activities related to the                        means of delivery, including ballistic
                                           establishment or alteration of operating                                                                       RIN 1625–AA08
                                                                                                   missiles); Executive Order 13224
                                           policies and procedures of a United                     (relating to international terrorism);                 Special Local Regulation; Gulf of
                                           States entity or a U.S.-owned or                        Executive Order 13572 or 13582                         Mexico; Sarasota, FL
                                           -controlled foreign entity, to the extent               (relating to Syria); Executive Order
                                           necessary to allow a U.S.-owned or                      13611 (relating to Yemen); or Executive                AGENCY:    Coast Guard, DHS.
                                           -controlled foreign entity to engage in                 Order 13553 or 13606, or section 2 or 3                ACTION:   Temporary final rule.
                                           transactions authorized in paragraph (a)                of Executive Order 13628 (relating to
                                           of this section; and                                    Iran’s commission of human rights                      SUMMARY:   The Coast Guard is
                                              (2) Activities to make available to                  abuses against its citizens); or                       establishing a special local regulation on
                                           those foreign entities that the U.S.                       (8) Any nuclear activity involving Iran             the waters of the Gulf of Mexico, in the
                                           person owns or controls any automated                   that is subject to the procurement                     vicinity of Lido Beach, Florida, during
                                           and globally integrated computer,                       channel established pursuant to                        the 34th Annual Sarasota Powerboat
                                           accounting, email, telecommunications,                  paragraph 16 of the United Nations                     Grand Prix High Speed Boat Race.
                                           or other business support system,                       Security Council Resolution 2231 (2015)                Approximately 35 boats and jet skis,
                                           platform, database, application, or                     and Section 6 of Annex IV to the Joint                 traveling at speeds in excess of 100
                                           server necessary to store, collect,                     Comprehensive Plan of Action of July                   miles per hour are expected to
                                           transmit, generate, or otherwise process                14, 2015 and that has not been approved                participate. Additionally, it is
                                           documents or information related to                     through that procurement channel                       anticipated that 300 spectator vessels
                                           transactions authorized in paragraph (a)                process.                                               will be present along the race course.
                                           of this section.                                           (d)(1) For purposes of paragraph (b)(2)             The special local regulation is necessary
                                             Note 1 to paragraph (b): See § 560.208 for            of this section, the term ‘‘automated’’                to protect the safety of race participants,
                                           prohibitions on facilitation by United States           refers to a computer, accounting, email,               participant vessels, spectators, and the
                                           persons, which remain in effect, with the               telecommunications, or other business                  general public on navigable waters of
                                           exception of activities authorized in                   support system, platform, database,                    the United States during the event. The
                                           paragraph (b) of this section.                          application, or server that operates                   special local regulation will establish an
                                              (c) Paragraph (a) of this section does               passively and without human                            enforcement area where all persons and
                                           not authorize transactions involving:                   intervention to facilitate the flow of data            vessels, except those persons and
                                              (1) The exportation, reexportation,                  between and among the United States                    vessels participating in the high speed
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                                           sale, or supply, directly or indirectly,                person and its owned or controlled                     boat races, are prohibited from entering,
                                           from the United States of any goods,                    foreign entities.                                      transiting through, anchoring in, or
                                           technology, or services prohibited by                      (2) For purposes of paragraph (b)(2) of             remaining within without obtaining
                                           § 560.204 or the reexportation from a                   this section, the term ‘‘globally                      permission from the Captain of the Port
                                           third country of any goods, technology,                 integrated’’ refers to a computer,                     St. Petersburg or a designated
                                           or services prohibited by § 560.205;                    accounting, email, telecommunications,                 representative.


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Document Created: 2018-11-06 09:54:59
Document Modified: 2018-11-06 09:54:59
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionRules and Regulations
ActionFinal rule.
DatesEffective Date: June 27, 2018.
ContactOFAC: 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 Chief Counsel (Foreign Assets Control), Office of the General Counsel, tel.: 202-622-2410.
FR Citation83 FR 30335 
CFR AssociatedAdministrative Practice and Procedure; Aircraft; Banks; Banking; Carpet; Civil Aviation; Foodstuffs; Iran and Letters of Credit

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