Federal Register / Vol. 85, No. 235 / Monday, December 7, 2020 / Notices 78933 

4 31 CFR 1010.331. 

5Currency transactions reportable under 31 

U.S.C. 5313 or 31 CFR 1010.311, 1010.313, 

1020.315, 1021.311, or 1021.313 are excluded from 

the Form 8300 reporting requirement. There are 

also several exceptions to the reporting requirement 

included in the regulation. 

6 31 CFR 1010.330(e)(2); 31 CFR 1010.331(c)(2). 

7 31 CFR 1010.330(e)(3); 31 CFR 1010.331(c)(1) 

(incorporating the requirements of 26 CFR 1.6050I– 

2(c)(3)(i)). 

8Public Law 104–13, 44 U.S.C. 3506(c)(2)(A). 

9 In 2019, FinCEN received form 8300s from 

32,462 unique filers based on their tax 

identification numbers (TIN). FinCEN is 

conservatively rounding this estimate to 32,500 

respondents annually. 

10The U.S. Bureau of Labor Statistics, 

Occupational Employment Statistics-National, May 

2019, available at https://www.bls.gov/oes/ 

tables.htm. The most recent data from the BLS 

corresponds to May 2019. For the benefits 

component of total compensation, see U.S. Bureau 

of Labor Statistics, Employer’s Cost per Employee 

Compensation as of December 2019, available at 

https://www.bls.gov/oes/tables.htm. The ratio 

between benefits and wages for financial activities 

is $15.95 (hourly benefits)/$32.05 (hourly wages) = 

0.50. The benefit factor is 1 plus the benefit/wages 

ratio, or 1.50. Multiplying each hourly wage by the 

benefit factor produces the fully-loaded hourly 

wage per position. The May 2019 Bureau of Labor 

Statistics average hourly wage for ‘‘43–3099 

Financial Clerk’’ is $20.40. ($20.40 x 1.50 = $30.60). 

or state court who receives more than 

$10,000 in currency as bail for any 

individual charged with a specified 

criminal offense.4 Reports filed under 

these authorities are made through the 

joint FinCEN/IRS Form 8300.5

Furthermore, verification requirements 

apply to transactions requiring the filing 

of Form 8300.6 Reports filed under 31 

CFR 1010.330 and 31 CFR 1010.331 

must be maintained for five years after 

the date of filing.7

II. Paperwork Reduction Act of 1995 

(PRA) 8

Title: Reports Relating to Currency in 

Excess of $10,000 Received in a Trade 

or Business, or Received as Bail by 

Court Clerks; Form 8300 (31 CFR 

1010.330 and 31 CFR 1010.331). 

OMB Control Number: 1506–0018. 

Report Number: Form 8300. 

Abstract: FinCEN is issuing this 

notice to renew the OMB control 

number for the requirements for (1) any 

person in a trade or business who, in the 

course of the trade or business, receives 

more than $10,000 in coin or currency 

in one or more related transactions to 

report it to FinCEN, and (2) any clerk of 

a federal or state court who receives 

more than $10,000 in currency as bail 

for any individual charged with a 

specified criminal offense to make 

report of information with respect to 

receipt of that currency. 

Affected Public: Businesses or other 

for-profit institutions, and non-profit 

institutions. 

Type of Review: 

• Renewal without change of a 

currently approved information 

collection. 

Frequency: As required. 

Estimated Number of Respondents: 

32,500 respondents.9

Estimated Recordkeeping and 

Reporting Burden: 

The information required to be 

reported on the Form 8300 is basic 

information to which a filer would have 

access to in the course of doing 

business. For instance, the Form 8300 

requires a trade or business or court 

clerk to report identifying information 

about the individual from whom the 

cash was received, as well as any person 

on whose behalf the transaction was 

conducted. The Form 8300 also requires 

the filer to report a description of the 

transaction and method of payment, as 

well as identifying information for the 

business that received the cash. As this 

information is readily available to a 

trade or business or court clerk, FinCEN 

estimates that reporting this information 

will take 20 minutes on average. 

Additionally, while the Form 8300 may 

be filed electronically, which allows the 

filer to save an electronic version of the 

form and satisfy the recordkeeping 

requirement, many filers choose to file 

a paper copy of the Form 8300. 

Therefore, FinCEN estimates that the 

recordkeeping requirement will take 10 

minutes on average. FinCEN estimates 

total hourly burden of reporting and 

recordkeeping for each Form 8300 is 30 

minutes. 

Estimated Total Annual Responses: 

323,067 Form 8300s were filed in 

calendar year 2019. 

Estimated Total Annual 

Recordkeeping Burden: The estimated 

total annual PRA burden is 161,534 

hours (323,067 Form 8300s filed in 

calendar year 2019 multiplied by 30 

minutes and converted to hours). 

Estimated Total Annual 

Recordkeeping Cost: FinCEN estimates 

the following annual burden cost: 

161,534 × $30.60 per hour 10 = 

$4,942,940. 

An Agency may not conduct or 

sponsor, and a person is not required to 

respond to, a collection of information 

unless the collection of information 

displays a valid OMB control number. 

Records required to be retained under 

the BSA must be retained for five years. 

General Request for Comments 

Comments submitted in response to 

this notice will be summarized and/or 

included in the request for OMB 

approval. All comments will become a 

matter of public record. Comments are 

invited on: (i) Whether the collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information shall have practical utility; 

(ii) the accuracy of the agency’s estimate 

of the burden of the collection of 

information; (iii) ways to enhance the 

quality, utility, and clarity of the 

information to be collected; (iv) ways to 

minimize the burden of the collection of 

information on respondents, including 

through the use of automated collection 

techniques or other forms of information 

technology; and (v) estimates of capital 

or start-up costs and costs of operation, 

maintenance, and purchase of services 

to provide information. 

Michael G. Mosier, 

Deputy Director, Financial Crimes 

Enforcement Network. 

[FR Doc. 2020–26883 Filed 12–4–20; 8:45 am] 

BILLING CODE 4810–02–P 

DEPARTMENT OF THE TREASURY 

Office of Foreign Assets Control 

Notice of OFAC Sanctions Actions 

AGENCY: Office of Foreign Assets 

Control, Department of the Treasury. 

ACTION: Notice. 

SUMMARY: The U.S. Department of the 

Treasury’s Office of Foreign Assets 

Control (OFAC) is publishing the names 

of persons that have been placed on 

OFAC’s Specially Designated Nationals 

and Blocked Persons List based on 

OFAC’s determination that one or more 

applicable legal criteria were satisfied. 

All property and interests in property 

subject to U.S. jurisdiction of these 

persons are blocked, and U.S. persons 

are generally prohibited from engaging 

in transactions with them. 

DATES: See Supplementary Information 

section for the date that sanctions 

become effective. 

FOR FURTHER INFORMATION CONTACT: 

OFAC: Associate Director for Global 

Targeting, tel.: 202–622–2420; Assistant 

Director for Licensing, tel.: 202–622– 

2480; Assistant Director for Regulatory 

Affairs, tel.: 202–622–4855; or Assistant 

Director for Sanctions Compliance & 

Evaluation, tel.: 202–622–2490. 

SUPPLEMENTARY INFORMATION: 

Electronic Availability 

The Specially Designated Nationals 

and Blocked Persons List (SDN List) and 

additional information concerning 

OFAC sanctions programs are available 

on OFAC’s website (https://

www.treasury.gov/ofac). 


khammond on DSKJM1Z7X2PROD with NOTICES
78934 Federal Register / Vol. 85, No. 235 / Monday, December 7, 2020 / Notices 

Notice of OFAC Actions 

On December 1, 2020, OFAC 

determined that the property and 

interests in property subject to U.S. 

jurisdiction of the following persons are 

blocked under the relevant sanctions 

authorities listed below. 

Individuals 

1. CORREA SALAS, Euclides, Turbo, 

Antioquia, Colombia; DOB 15 Mar 1975; 

POB Choco, Colombia; nationality 

Colombia; Gender Male; Cedula No. 

71983546 (Colombia) (individual) 

[SDNTK]. Designated pursuant to 

section 805(b)(3) of the Foreign 

Narcotics Kingpin Designation Act 

(Kingpin Act), 21 U.S.C. 1904(b)(3), for 

being owned, controlled, or directed by, 

or acting for or on behalf of, Jhon Fredy 

ZAPATA GARZON, a foreign person 

designated pursuant to the Kingpin Act. 

2. MURILLO PALACIOS, Einer, Calle 

115 No. 114BB–77 Apartamento 102 

Primer Piso Edificio Siete Manzana T 

Quinta Etapa Urbanizacion La Serrania, 

Apartado, Antioquia 00853657, 

Colombia; DOB 08 Nov 1977; POB 

Quibdo, Choco, Colombia; nationality 

Colombia; Gender Male; Cedula No. 

71253050 (Colombia) (individual) 

[SDNTK]. Designated pursuant to 

section 805(b)(3) of the Kingpin Act, 21 

U.S.C. 1904(b)(3), for being owned, 

controlled, or directed by, or acting for 

or on behalf of, Jhon Fredy ZAPATA 

GARZON, a foreign person designated 

pursuant to the Kingpin Act. 

3. ZAPATA GARZON, Jhon Fredy 

(a.k.a. ZAPATA GARZON, John Fredy; 

a.k.a. ‘‘CANDADO’’; a.k.a. ‘‘CANDADO 

MESSI’’; a.k.a. ‘‘TUSO’’), Vereda El 

Silencio, Carepa, Antioquia 05147, 

Colombia; Av. Cra. 7, No. 130–00, 

Bogota, Colombia; Carrera 78, Barrio 

Pueblo Nuevo, Verada Carepa, 

Apartado, Antioquia 00829455, 

Colombia; Finca El Reposo, Vereda 

Aguas Claras, Necocli, Antioquia 

034937, Colombia; Finca Mariancel N– 

1, Vereda Aguas Claras, Necocli, 

Antioquia 034938, Colombia; Finca La 

Diana, Finca Mariancel N–5, Vereda 

Aguas Claras, Necocli, Antioquia 

03414390, Colombia; Finca Aguas 

Claritas, Finca Mariancel N–3, Vereda 

Aguas Claras, Necocli, Antioquia 03417, 

Colombia; El Billar, Vereda Cacique, La 

Tebaida, Quindio 28040222, Colombia; 

Transversal 21 No. 18–180 Unid. 

Residencial Senderos De La Pradera 

P.H. Apto. 202 Torre 3, Dosquebradas, 

Risaralda 29474418, Colombia; DOB 11 

Apr 1978; POB Chigorodo, Antioquia, 

Colombia; nationality Colombia; Gender 

Male; Cedula No. 71253351 (Colombia); 

Passport AS700605 (Colombia) 

(individual) [SDNTK] (Linked To: CLAN 

DEL GOLFO). Designated pursuant to 

section 805(b)(2) of the Kingpin Act, 21 

U.S.C. 1904(b)(2), for materially 

assisting in, or providing financial or 

technological support for or to, or 

providing goods or services in support 

of, the international narcotics trafficking 

activities of the CLAN DEL GOLFO, a 

foreign person identified as a significant 

foreign narcotics trafficker pursuant to 

the Kingpin Act. 

4. ZAPATA GARZON, Tatiana 

Marguerid (a.k.a., ZAPATA GARZON, 

Tatiana Margarid), Apartado, Antioquia, 

Colombia; DOB 28 Aug 1983; POB 

Antioquia, Colombia; nationality 

Colombia; Gender Female; Cedula No. 

39426288 (Colombia) (individual) 

[SDNTK]. Designated pursuant to 

section 805(b)(2) of the Kingpin Act, 21 

U.S.C. 1904(b)(2), for materially 

assisting in, or providing financial or 

technological support for or to, or 

providing goods or services in support 

of, the international narcotics trafficking 

activities of Jhon Fredy ZAPATA 

GARZON, a foreign person designated 

pursuant to the Kingpin Act. 

Entities 

1. DISTRIECOR S.A.S. (f.k.a., GRUPO 

PATRON LTDA), Cra 106A, Nro. 94 15, 

Nuevo Apartado, Apartado 05045, 

Colombia; NIT #8110469383 (Colombia) 

[SDNTK]. Designated pursuant to 

section 805(b)(3) of the Kingpin Act, 21 

U.S.C. 1904(b)(3), for being owned, 

controlled, or directed by, or acting for 

or on behalf of, Euclides CORREA 

SALAS, a foreign person designated 

pursuant to the Kingpin Act. 

2. FRESNO HOME S.A.S. (f.k.a., 

AGROMADERAS ZAGAR S.A.S.), 

Kilometro 18 Vereda El Manzano Via 

Pereira Armenia, Pereira, Risaralda 

66001, Colombia; NIT #9005402427 

(Colombia) [SDNTK]. Designated 

pursuant to section 805(b)(3) of the 

Kingpin Act, 21 U.S.C. 1904(b)(3), for 

being owned, controlled, or directed by, 

or acting for or on behalf of, Tatiana 

Marguerid ZAPATA GARZON, a foreign 

person designated pursuant to the 

Kingpin Act. 

3. LAS INGENIERIAS S.A.S., Calle 

144 16–34, Apto. 404, Bogota 1020, 

Colombia; Condominio Quintas De La 

Rioja, Casa 10, Etapa 1, Pereira, 

Risaralda, Colombia; website 

lasingenierias.com; NIT #9005892411 

(Colombia) [SDNTK]. Designated 

pursuant to section 805(b)(3) of the 

Kingpin Act, 21 U.S.C. 1904(b)(3), for 

being owned, controlled, or directed by, 

or acting for or on behalf of, Jhon Fredy 

ZAPATA GARZON, a foreign person 

designated pursuant to the Kingpin Act. 

4. MULTIOPERACIONES DE 

OCCIDENTE S.A.S., Cra 106A, Nro 94 

15, Nuevo Apartado, Apartado 05045, 

Colombia; NIT #9009355997 (Colombia) 

[SDNTK]. Designated pursuant to 

section 805(b)(3) of the Kingpin Act, 21 

U.S.C. 1904(b)(3), for being owned, 

controlled, or directed by, or acting for 

or on behalf of, Einer MURILLO 

PALACIOS, a foreign person designated 

pursuant to the Kingpin Act. 

Dated: December 1, 2020. 

Andrea M. Gacki, 

Director, Office of Foreign Assets Control. 

[FR Doc. 2020–26807 Filed 12–4–20; 8:45 am] 

BILLING CODE 4810–AL–P 

DEPARTMENT OF THE TREASURY 

Office of Foreign Assets Control 

Notice of OFAC Sanctions Actions 

AGENCY: Office of Foreign Assets 

Control, Department of the Treasury. 

ACTION: Notice. 

SUMMARY: The U.S. Department of the 

Treasury’s Office of Foreign Assets 

Control (OFAC) is publishing the name 

of a person that has been placed on 

OFAC’s Specially Designated Nationals 

and Blocked Persons List based on 

OFAC’s determination that one or more 

applicable legal criteria were satisfied. 

All property and interests in property 

subject to U.S. jurisdiction of this 

person are blocked, and U.S. persons are 

generally prohibited from engaging in 

transactions with them. 

DATES: See SUPPLEMENTARY INFORMATION

section for effective date(s). 

FOR FURTHER INFORMATION CONTACT: 

OFAC: Associate Director for Global 

Targeting, tel.: 202–622–2420; Assistant 

Director for Licensing, tel.: 202–622– 

2480; Assistant Director for Regulatory 

Affairs, tel.: 202–622–4855; or Assistant 

Director for Sanctions Compliance & 

Evaluation, tel.: 202–622–2490. 

SUPPLEMENTARY INFORMATION: 

Electronic Availability 

The Specially Designated Nationals 

and Blocked Persons List (SDN List) and 

additional information concerning 

OFAC sanctions programs are available 

on OFAC’s website (https://

www.treasury.gov/ofac). 

Notice of OFAC Actions 

On December 2, 2020, OFAC 

determined that the property and 

interests in property subject to U.S. 

jurisdiction of the following person are 

blocked under the relevant sanctions 

authorities listed below. 


khammond on DSKJM1Z7X2PROD with NOTICES