[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