[Federal Register Volume 61, Number 165 (Friday, August 23, 1996)]
[Rules and Regulations]
[Page 43459]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-21471]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Chapter V


Blocked Persons, Specially Designated Nationals, Specially 
Designated Terrorists, Specially Designated Narcotics Traffickers, and 
Blocked Vessels; Correction and Removal of Entry

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Correction and amendment of final rule.

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SUMMARY: On June 26, 1996, the Office of Foreign Assets Control 
published a final rule to create three new appendices to 31 CFR chapter 
V that contain lists of individuals and entities determined to be 
blocked persons, specially designated nationals, specially designated 
terrorists, specially designated narcotics traffickers, and blocked 
vessels. This document corrects a typographical error in that rule, and 
removes the entries for an entity no longer deemed to be a specially 
designated national of North Korea.

EFFECTIVE DATE: August 23, 1996.

FOR FURTHER INFORMATION CONTACT: Office of Foreign Assets Control, 
Department of the Treasury, Washington, D.C. 20220, Tel.:202/622-2520.

SUPPLEMENTARY INFORMATION:

Electronic and Facsimile Availability

    This document is available as an electronic file on The Federal 
Bulletin Board the day of publication in the Federal Register. By 
modem, dial 202/512-1387 and type ``/GO FAC,'' or call 202/512-1530 for 
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fedbbs.access.gpo.gov. The document is also accessible for downloading 
in ASCII format without charge from Treasury's Electronic Library 
(``TEL'') in the ``Business, Trade and Labor Mall'' of the FedWorld 
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self-expanding file in TEL. For Internet access, use one of the 
following protocols: Telnet = fedworld.gov (192.239.93.3); World Wide 
Web (Home Page) = http://www.fedworld.gov; FTP = ftp.fedworld.gov 
(192.239.92.205). Additional information concerning the programs of the 
Office of Foreign Assets Control is available for downloading from the 
Office's Internet Home Page: http:/www.ustreas.gov/treasury/services/
fac/fac.html, or in fax form through the Office's 24-hour fax-on-demand 
service: call 202/622-0077 using a fax machine, fax modem, or touch 
tone telephone.

Background

    The three appendices appearing at the end of chapter V, 31 CFR, 
containing the names of individuals and entities determined by the 
Director, Office of Foreign Assets Control, to be blocked persons, 
specially designated nationals, specially designated terrorists, 
specially designated narcotics traffickers, and blocked vessels, 
consolidate existing lists previously issued under the various economic 
sanctions programs administered by the Office of Foreign Assets 
Control. (61 FR 32936, June 26, 1996) This rule is being issued to 
correct a typographical error to the ``Cedula No.'' (the Colombian 
equivalent to a social security number) contained in the identifying 
information in Appendices A and B for a designated narcotics 
trafficker, ``VILLEGAS ARIAS, Maria Deisy.'' Cedula No. ``31200371'' is 
corrected to read ``31200871.'' This rule is also being issued to 
remove the entry ``National General Insurance Company Ltd.'' from 
Appendices A and B, since the Office of Foreign Assets Control has 
determined that this entity is no longer a specially designated 
national of North Korea. Accordingly, all transactions by persons 
subject to the jurisdiction of the United States in which National 
General Insurance Company Ltd. has an interest are authorized.
    Since the Regulations involve 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, 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. Wherever possible, however, it is the practice of the Office of 
Foreign Assets Control to receive written submissions or hold informal 
consultations with interested parties concerning any rule or other 
public document.
    For the reasons set forth in the preamble, and under the authority 
of 50 U.S.C. 1701-1706; 50 U.S.C. 1601-1641; 3 U.S.C. 301; E.O. 12978, 
60 FR 54579 (October 24, 1995), with respect to the SDNT entries, and 
50 U.S.C. App. 1-44; E.O. 9193, 7 FR 5205, 3 CFR, 1938-1943 Comp., p. 
1174; E.O. 9989, 13 FR 4891, 3 CFR, 1943-1948 Comp., p. 748, with 
respect to the North Korean entries; Appendices A and B to Chapter V of 
31 CFR are amended as set forth below:
    1. Appendix A to Chapter V of 31 CFR is amended by correcting the 
Cedula No. ``31200371'' under the name ``VILLEGAS ARIAS, Maria Deisy,'' 
to read ``31200871'' and removing the entry ``National General 
Insurance Co. Ltd.''.
    2. Appendix B to chapter V of 31 CFR is amended by under the 
heading ``Colombia,'' correcting the Cedula No. ``31200371'' under the 
name ``VILLEGAS ARIAS, Maria Deisy,'' to read ``31200871'' and under 
the heading ``United Arab Emirates,'' removing the entry ``National 
General Insurance Co. Ltd.''.

    Dated: August 8, 1996.
R. Richard Newcomb,
Director, Office of Foreign Assets Control.
    Approved: August 9, 1996.
James E. Johnson,
Assistant Secretary (Enforcement).
[FR Doc. 96-21471 Filed 8-22-96; 8:45 am]
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