Search Results for citation:"89 FR 105687"

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Search Results: citation:"89 FR 105687"

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  • 2024-30825 — Agency Information Collection Activities; Submission for OMB Review; Comment Request; Reporting, Procedures and Penalties Regulations
    Type:Notice
    Citation:89 FR 105687
    Reading Time:about 3 minutes

    The Department of the Treasury is seeking public comments on its proposed information collection activities related to the Office of Foreign Assets Control (OFAC). These activities involve renewing and revising the authority to collect information under various economic sanctions programs administered by OFAC. The Treasury department is consolidating several existing requests and introducing a new form related to economic sanctions on Russia. Comments are requested by January 27, 2025, and further details can be found on the specified government website.

    Simple Explanation

    The Department of Treasury wants to hear what people think about new plans to collect information to make sure rules about not trading with certain countries, like Russia, are followed. They are asking for feedback by January 27, 2025, and are also making some changes to the forms used to gather this information.

  • 2024-30821 — Notice of OFAC Sanctions Actions
    Type:Notice
    Citation:89 FR 105687
    Reading Time:about a minute or two

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has added several individuals from Uzbekistan to its Specially Designated Nationals and Blocked Persons List. These individuals have been identified as being involved in serious human rights abuses. As a result, all their properties and interests in property within U.S. jurisdiction are blocked, and U.S. citizens are generally barred from conducting transactions with them. The publication of this information ensures compliance and raises awareness about these sanctions.

    Simple Explanation

    The U.S. Treasury Department has decided that some people from Uzbekistan did bad things, so they can't use their money or things in the U.S., and people in the U.S. can't do business with them.