Search Results for citation:"86 FR 8988"

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Search Results: citation:"86 FR 8988"

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  • 2021-02702 — Notice of OFAC Sanctions Actions
    Type:Notice
    Citation:86 FR 8988
    Reading Time:about a minute or two

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has released the names of individuals placed on a list known as the Specially Designated Nationals and Blocked Persons List. This designation means their property and interests in property within the U.S. are blocked, and U.S. citizens are generally restricted from conducting transactions with them. The document specifically mentions Shanghai Saint Logistics Limited and describes its involvement and linkage to MAHAN AIR, which has been designated under U.S. sanctions aimed at counter-terrorism efforts. The information can be found on the OFAC website.

    Simple Explanation

    The U.S. Treasury has named a company called Shanghai Saint Logistics Limited on a special list because they did something that the U.S. doesn't like, so now they can't do business in the U.S., and people in the U.S. can't trade with them.

  • 2021-02691 — Privacy Act of 1974; System of Records
    Type:Notice
    Citation:86 FR 8988
    Reading Time:about 21 minutes

    The Department of the Treasury's Alcohol and Tobacco Tax and Trade Bureau (TTB) has announced a proposal to update their record system in line with the Privacy Act of 1974. The system, originally titled “Treasury/TTB .001 Regulatory Enforcement Record System,” will now be called the “Regulatory Enforcement System of Records,” and includes important updates on how personal information is managed and shared. Changes include clarifying the types of personal information collected, like names and social security numbers, and updating how this information may be routinely used or shared with other agencies. The final changes aim to protect personal data and ensure compliance with federal guidelines on privacy and information security.

    Simple Explanation

    The government wants to make sure your personal information, like your name and number, is kept safe and only shared when necessary, so they're updating their rules to do a better job at that.