[Federal Register Volume 78, Number 248 (Thursday, December 26, 2013)]
[Notices]
[Page 78515]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-30626]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Removal of JADE Act Tags

ACTION: Notice.

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SUMMARY: The Treasury Department's Office of Foreign Assets Control 
(``OFAC'') is removing from the Specially Designated Nationals List 
tags that had identified certain individuals and entities as subject to 
the blocking and financial provisions of the Tom Lantos Block Burmese 
JADE (Junta's Anti-Democratic Efforts) Act of 2008 (``JADE Act'').

DATES: As of August 7, 2013, the financial and blocking provisions of 
Section 5(b) of the JADE Act do not apply.

FOR FURTHER INFORMATION CONTACT: Assistant Director, Sanctions 
Compliance and Evaluation, Office of Foreign Assets Control, Department 
of the Treasury, Washington, DC 20220, Tel.: 202/622-2490.

SUPPLEMENTARY INFORMATION: 

Electronic and Facsimile Availability

    This document and additional information concerning OFAC are 
available from OFAC's Web site (www.treasury.gov/ofac) or via facsimile 
through a 24-hour fax-on-demand service, Tel.: 202/622-0077.

Background

    On August 6, 2013, President Barack Obama issued Executive Order 
13651 (``E.O. 13651''). In Section 8 of E.O. 13651, the President 
determined and certified, pursuant to section 5(i) of the Tom Lantos 
Block Burmese JADE (Junta's Anti-Democratic Efforts) Act of 2008 (the 
``JADE Act''), that it is in the national interest of the United States 
to waive, and thereby waived, the sanctions described in section 5(b) 
of the JADE Act. As a result, as of August 7, the effective date of 
E.O. 13651, the financial and blocking provisions of section 5(b) of 
the JADE Act do not apply. Except as authorized or exempt, transactions 
with persons included on the Specially Designated Nationals and Blocked 
Persons List (``SDN List'') continue to be prohibited pursuant to the 
International Emergency Economic Powers Act (``IEEPA''). Accordingly, 
while OFAC is updating the SDN List to remove the [JADE Act] tag that 
had publicly identified the following individuals and entities as 
subject to the financial and blocking provisions of Section 5(b) of the 
JADE Act, transactions and dealings with these individuals and entities 
continue to be prohibited pursuant to IEEPA:

1. GOLDEN AARON PTE. LTD.
2. MAX MYANMAR GROUP OF COMPANIES
3. DAGON INTERNATIONAL LIMITED
4. ZAW, Zaw
5. AUNG, Win
6. MAX SINGAPORE INTERNATIONAL PTE. LTD.
7. ROYAL KUMUDRA HOTEL
8. ESPACE AVENIR EXECUTIVE SERVICED APARTMENT
9. MAX (MYANMAR) CONSTRUCTION CO. LTD.
10. MAX MYANMAR GEMS AND JEWELLERY CO. LTD.
11. MAX MYANMAR MANUFACTURING CO. LTD.
12. MAX MYANMAR SERVICES CO. LTD.
13. MAX MYANMAR TRADING CO. LTD.
14. G A CAPITAL PTE. LTD.
15. G A FOODSTUFFS PTE. LTD.
16. G A ARDMORE PTE. LTD.
17. G A LAND PTE. LTD.
18. G A RESORT PTE. LTD.
19. G A SENTOSA PTE. LTD.
20. G A TREASURE PTE. LTD.
21. G A WHITEHOUSE PTE. LTD.
22. SENTOSA TREASURE PTE. LTD.

    Dated: December 3, 2013.
Adam Sbuzin,
Director, Office of Foreign Assets Control.
[FR Doc. 2013-30626 Filed 12-24-13; 8:45 am]
BILLING CODE 4810-AL-P