83_FR_33424 83 FR 33287 - Notice of Renewal of the Charter of the International Telecommunication Advisory Committee (ITAC)

83 FR 33287 - Notice of Renewal of the Charter of the International Telecommunication Advisory Committee (ITAC)

DEPARTMENT OF STATE

Federal Register Volume 83, Issue 137 (July 17, 2018)

Page Range33287-33287
FR Document2018-15258

Federal Register, Volume 83 Issue 137 (Tuesday, July 17, 2018)
[Federal Register Volume 83, Number 137 (Tuesday, July 17, 2018)]
[Notices]
[Page 33287]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-15258]


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DEPARTMENT OF STATE

[Public Notice: 10464]


Notice of Renewal of the Charter of the International 
Telecommunication Advisory Committee (ITAC)

    This notice announces the renewal of the Charter for the 
International Telecommunication Advisory Committees (ITAC). In 
accordance with the provisions of the Federal Advisory Committee Act 
(Pub. L. 92-463, 5 U.S.C. Appendix) and the general authority of the 
Secretary of State and the Department of State set forth in Title 22 of 
the United States code, in particular Sections 2656 and 2707, the 
charter of the International Telecommunication Advisory Committee has 
been renewed for another two years. The ITAC consists of members of the 
telecommunications industry, ranging from network operators and service 
providers to equipment vendors, members of academia, members of civil 
society, and officials of interested government agencies. The ITAC 
provides views and advice to the Department of State on positions on 
international telecommunications and information policy matters. This 
advice has been a major factor in ensuring that the United States was 
well prepared to participate effectively in the international 
telecommunications and information policy arena, including the 
International Telecommunication Union (ITU), the Organization of 
American States Inter-American Telecommunication Commission (CITEL), 
the Organization for Economic Cooperation and Development (OECD), the 
Asia Pacific Economic Cooperation Forum Telecommunications and 
Information Working Group, and other international bodies addressing 
communication and information policy issues.

FOR FURTHER INFORMATION CONTACT: Please contact Franz Zichy at 202-647-
5778, [email protected].

Stephan A. Lang,
Acting Director, Multilateral Affairs, Cyber and International 
Communications and Information Policy, U.S. Department of State.
[FR Doc. 2018-15258 Filed 7-16-18; 8:45 am]
 BILLING CODE 4710-07-P



                                                                                 Federal Register / Vol. 83, No. 137 / Tuesday, July 17, 2018 / Notices                                                 33287

                                               the board of trustees of the Trust                             3. Applicants agree that any order                the International Telecommunication
                                               (‘‘Board’’), provides continuous                            granting the requested relief will be                Advisory Committee has been renewed
                                               investment management of the assets of                      subject to the terms and conditions                  for another two years. The ITAC
                                               each Subadvised Fund. Consistent with                       stated in the application. Such terms                consists of members of the
                                               the terms of the Investment                                 and conditions provide for, among other              telecommunications industry, ranging
                                               Management Agreement, the Adviser                           safeguards, appropriate disclosure to                from network operators and service
                                               may, subject to the approval of the                         Subadvised Funds’ shareholders and                   providers to equipment vendors,
                                               Board, delegate portfolio management                        notification about sub-advisory changes              members of academia, members of civil
                                               responsibilities of all or a portion of the                 and enhanced Board oversight to protect              society, and officials of interested
                                               assets of a Subadvised Fund to one or                       the interests of the Subadvised Funds’               government agencies. The ITAC
                                               more Sub-Advisers.2 The Adviser will                        shareholders.                                        provides views and advice to the
                                               continue to have overall responsibility                        4. Section 6(c) of the Act provides that          Department of State on positions on
                                               for the management and investment of                        the Commission may exempt any                        international telecommunications and
                                               the assets of each Subadvised Fund. The                     person, security, or transaction or any              information policy matters. This advice
                                               Adviser will evaluate, select, and                          class or classes of persons, securities, or          has been a major factor in ensuring that
                                               recommend Sub-Advisers to manage the                        transactions from any provisions of the              the United States was well prepared to
                                               assets of a Subadvised Fund and will                        Act, or any rule thereunder, if such                 participate effectively in the
                                               oversee, monitor and review the Sub-                        relief is necessary or appropriate in the            international telecommunications and
                                               Advisers and their performance and                          public interest and consistent with the              information policy arena, including the
                                               recommend the removal or replacement                        protection of investors and purposes                 International Telecommunication Union
                                               of Sub-Advisers.                                            fairly intended by the policy and                    (ITU), the Organization of American
                                                                                                           provisions of the Act. Applicants                    States Inter-American
                                                  2. Applicants request an order to                        believe that the requested relief meets              Telecommunication Commission
                                               permit the Adviser, subject to the                          this standard because, as further                    (CITEL), the Organization for Economic
                                               approval of the Board, to enter into                        explained in the application, the                    Cooperation and Development (OECD),
                                               investment sub-advisory agreements                          Investment Management Agreements                     the Asia Pacific Economic Cooperation
                                               with the Sub-Advisers (each, a ‘‘Sub-                       will remain subject to shareholder                   Forum Telecommunications and
                                               Advisory Agreement’’) and materially                        approval, while the role of the Sub-                 Information Working Group, and other
                                               amend such Sub-Advisory Agreements                          Advisers is substantially equivalent to              international bodies addressing
                                               without obtaining the shareholder                           that of individual portfolio managers, so            communication and information policy
                                               approval required under section 15(a) of                    that requiring shareholder approval of               issues.
                                               the Act and rule 18f–2 under the Act.3                      Sub-Advisory Agreements would                        FOR FURTHER INFORMATION CONTACT:
                                               Applicants also seek an exemption from                      impose unnecessary delays and                        Please contact Franz Zichy at 202–647–
                                               the Disclosure Requirements to permit a                     expenses on the Subadvised Funds.                    5778, zichyfj@state.gov.
                                               Subadvised Fund to disclose (as both a                      Applicants believe that the requested
                                               dollar amount and a percentage of the                                                                            Stephan A. Lang,
                                                                                                           relief from the Disclosure Requirements              Acting Director, Multilateral Affairs, Cyber
                                               Subadvised Fund’s net assets): (a) The                      meets this standard because it will
                                               aggregate fees paid to the Adviser and                                                                           and International Communications and
                                                                                                           improve the Adviser’s ability to                     Information Policy, U.S. Department of State.
                                               any Wholly-Owned Sub-Advisers; (b)                          negotiate fees paid to the Sub-Advisers
                                               the aggregate fees paid to Non-Affiliated                                                                        [FR Doc. 2018–15258 Filed 7–16–18; 8:45 am]
                                                                                                           that are more advantageous for the
                                               Sub-Advisers; and (c) the fee paid to                       Subadvised Funds.
                                                                                                                                                                BILLING CODE 4710–07–P
                                               each Affiliated Sub-Adviser
                                               (collectively, Aggregate Fee                                  For the Commission, by the Division of
                                               Disclosure’’).4                                             Investment Management, under delegated               DEPARTMENT OF TRANSPORTATION
                                                                                                           authority.
                                                  2 As used herein, a ‘‘Sub-Adviser’’ for a
                                                                                                           Eduardo A. Aleman,                                   Federal Highway Administration
                                               Subadvised Fund is (1) an indirect or direct                Assistant Secretary.
                                               ‘‘wholly owned subsidiary’’ (as such term is defined        [FR Doc. 2018–15173 Filed 7–16–18; 8:45 am]          Notice of Public Meeting: National
                                               in the Act) of the Adviser for that Subadvised Fund,
                                                                                                           BILLING CODE 8011–01–P
                                                                                                                                                                Dialogue on Highway Automation
                                               or (2) a sister company of the Adviser for that
                                               Subadvised Fund that is an indirect or direct                                                                    AGENCY: Federal Highway
                                               ‘‘wholly-owned subsidiary’’ of the same company                                                                  Administration (FHWA), U.S.
                                               that, indirectly or directly, wholly owns the Adviser       DEPARTMENT OF STATE                                  Department of Transportation (DOT).
                                               (each of (1) and (2) a ‘‘Wholly-Owned Sub-Adviser’’
                                               and collectively, the ‘‘Wholly-Owned Sub-                   [Public Notice: 10464]                               ACTION: Notice of public meetings.
                                               Advisers’’), or (3) not an ‘‘affiliated person’’ (as such
                                               term is defined in section 2(a)(3) of the Act) of the                                                            SUMMARY:   The FHWA is holding a
                                                                                                           Notice of Renewal of the Charter of the
                                               Subadvised Fund, any Feeder Fund invested in a                                                                   National Dialogue on Highway
                                               Master Fund, the Trust, or the Adviser, except to           International Telecommunication
                                                                                                                                                                Automation through a series of public
                                               the extent that an affiliation arises solely because        Advisory Committee (ITAC)
                                               the Sub-Adviser serves as a sub-adviser to a
                                                                                                                                                                meetings across the country to seek
                                               Subadvised Fund (‘‘Non-Affiliated Sub-Advisers’’).            This notice announces the renewal of               input on the integration of automated
                                                  3 The requested relief will not extend to any sub-       the Charter for the International                    vehicles on the Nation’s roadways. The
                                               adviser, other than a Wholly-Owned Sub-Adviser,             Telecommunication Advisory                           objectives of the public meetings are: (1)
                                               who is an affiliated person, as defined in section          Committees (ITAC). In accordance with                To engage with a diverse group of
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                                               2(a)(3) of the Act, of the Subadvised Fund, of any
                                               Feeder Fund, or of the Adviser, other than by               the provisions of the Federal Advisory               stakeholders to understand key issues
                                               reason of serving as a sub-adviser to one or more           Committee Act (Pub. L. 92–463, 5 U.S.C.              regarding automated vehicles and their
                                               of the Subadvised Funds (‘‘Affiliated Sub-                  Appendix) and the general authority of               implications for the roadway
                                               Adviser’’).                                                 the Secretary of State and the                       infrastructure; and (2) to gather input on
                                                  4 For any Subadvised Fund that is a Master Fund,

                                               the relief would also permit any Feeder Fund
                                                                                                           Department of State set forth in Title 22            highway automation to help inform
                                               invested in that Master Fund to disclose Aggregate          of the United States code, in particular             FHWA research, policy, and programs.
                                               Fee Disclosure.                                             Sections 2656 and 2707, the charter of               The public meetings will have


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Document Created: 2018-07-17 01:39:47
Document Modified: 2018-07-17 01:39:47
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
ContactPlease contact Franz Zichy at 202-647- 5778, [email protected]
FR Citation83 FR 33287 

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