Federal Register / Vol. 75, No. 241 / Thursday, December 16, 2010 / Notices 78755 

Forced Labor (73 FR 21985, Apr. 23, 

2008); and Notice of Publication of The 

Department of Labor’s List of Goods 

from Countries Produced by Child Labor 

or Forced Labor (74 FR 46620, Sept. 10, 

2009). 

ILAB published the first List of Goods 

Produced by Child Labor or Forced 

Labor on Sept. 10, 2009. That List 

included 122 goods from 58 countries, 

based on research on 77 countries. ILAB 

now announces the publication of an 

updated List, reflecting research on 39 

additional countries as well as review of 

information submitted to ILAB pursuant 

to its TVPRA procedural guidelines. 

This update adds 6 new goods and 12 

new countries to the List. A full report, 

including the updated List and a 

discussion of the List’s context, scope, 

methodology, and limitations, as well as 

Frequently Asked Questions and a 

bibliography of sources, are available on 

the DOL Web site at: http:// 

www.dol.gov/ilab/programs/ocft/ 

tvpra.htm. 

Signed at Washington, DC, this 6th day of 

December, 2010. 

Sandra Polaski, 

Deputy Undersecretary for International 

Affairs. 

[FR Doc. 2010–31150 Filed 12–15–10; 8:45 am] 

BILLING CODE 4510–28–P 

DEPARTMENT OF LABOR 

Office of the Secretary 

Agency Information Collection 

Activities; Submission for OMB 

Review; Comment Request; Standard 

on Mechanical Power Presses 

ACTION: Notice. 

SUMMARY: The Department of Labor 

(DOL) hereby announces the submission 

of the Occupational Safety and Health 

Administration (OSHA) sponsored 

information collection request (ICR) 

titled, ‘‘Standard on Mechanical Power 

Presses,’’ to the Office of Management 

and Budget (OMB) for review and 

approval for continued use in 

accordance with the Paperwork 

Reduction Act of 1995 (Pub. L. 104–13, 

44 U.S.C. chapter 35). 

DATES: Submit comments on or before 

January 18, 2011. 

ADDRESSES: A copy of this ICR, with 

applicable supporting documentation; 

including a description of the likely 

respondents, proposed frequency of 

response, and estimated total burden 

may be obtained from the RegInfo.gov 

Web site, http://www.reginfo.gov/ 

public/do/PRAMain or by contacting 

Michel Smyth by telephone at 202–693– 

4129 (this is not a toll-free number) or 

sending an e-mail to 

DOL_PRA_PUBLIC@dol.gov. 

Submit comments about this request 

to the Office of Information and 

Regulatory Affairs, Attn: OMB Desk 

Officer for the Department of Labor, 

Occupational Safety and Health 

Administration (OSHA), Office of 

Management and Budget, Room 10235, 

Washington, DC 20503, Telephone: 

202–395–6929/Fax: 202–395–6881 

(these are not toll-free numbers), e-mail: 

OIRA_submission@omb.eop.gov. 

FOR FURTHER INFORMATION: Contact 

Michel Smyth by telephone at 202–693– 

4129 (this is not a toll-free number) or 

by e-mail at 

DOL_PRA_PUBLIC@dol.gov. 

SUPPLEMENTARY INFORMATION: The 

inspection and certification records 

required by the Standard on Mechanical 

Power Presses are intended to ensure 

that mechanical power presses are in 

safe operating condition, and that all 

safety devices are working properly. 

Failure of these safety devices could 

cause serious injury or death to a 

worker. 

This information collection is subject 

to the PRA. A Federal agency generally 

cannot conduct or sponsor a collection 

of information, and the public is 

generally not required to respond to an 

information collection, unless it is 

currently approved by the OMB under 

the PRA and displays a currently valid 

OMB Control Number. In addition, 

notwithstanding any other provisions of 

law, no person shall generally be subject 

to penalty for failing to comply with a 

collection of information if the 

collection of information does not 

display a currently valid OMB control 

number. See 5 CFR 1320.5(a) and 

1320.6. The DOL obtains OMB approval 

for this information collection under 

OMB Control Number 1218–0229. The 

current OMB approval is scheduled to 

expire on December 31, 2010; however, 

it should be noted that information 

collections submitted to the OMB 

receive a month-to-month extension 

while they undergo review. For 

additional information, see the related 

notice published in the Federal Register 

on August 11, 2010 (75 FR 48726). 

Interested parties are encouraged to 

send comments to the OMB, Office of 

Information and Regulatory Affairs at 

the address shown in the ADDRESSES

section within 30 days of publication of 

this notice in the Federal Register. In 

order to ensure the appropriate 

consideration, comments should 

reference OMB Control Number 1218– 

0229. The OMB is particularly 

interested in comments that: 

• Evaluate whether the proposed 

collection of information is necessary 

for the proper performance of the 

functions of the agency, including 

whether the information will have 

practical utility; 

• Evaluate the accuracy of the 

agency’s estimate of the burden of the 

proposed collection of information, 

including the validity of the 

methodology and assumptions used; 

• Enhance the quality, utility, and 

clarity of the information to be 

collected; and 

• Minimize the burden of the 

collection of information on those who 

are to respond, including through the 

use of appropriate automated, 

electronic, mechanical, or other 

technological collection techniques or 

other forms of information technology, 

e.g., permitting electronic submission of 

responses. 

Agency: Occupational Safety and 

Health Administration (OSHA). 

Title of Collection: Standard on 

Mechanical Power Presses. 

OMB Control Number: 1218–0229. 

Affected Public: Private sector, 

businesses or other for-profits. 

Total Estimated Number of 

Respondents: 295,000. 

Total Estimated Number of 

Responses: 9,975,130. 

Total Estimated Annual Burden 

Hours: 1,373,054. 

Total Estimated Annual Costs Burden: 

$0. 

Dated: December 13, 2010. 

Michel Smyth, 

Departmental Clearance Officer. 

[FR Doc. 2010–31581 Filed 12–15–10; 8:45 am] 

BILLING CODE 4510–26–P 

DEPARTMENT OF LABOR 

Office of the Secretary 

Notice of Initial Determination Revising 

the List of Products Requiring Federal 

Contractor Certification as to Forced/ 

Indentured Child Labor Pursuant to 

Executive Order 13126 

AGENCY: Bureau of International Labor 

Affairs (ILAB), Labor. 

ACTION: Request for comments. 

SUMMARY: This initial determination 

proposes to revise the list required by 

Executive Order No. 13126 (‘‘Prohibition 

of Acquisition of Products Produced by 

Forced or Indentured Child Labor’’), in 

accordance with the Department of 

Labor’s ‘‘Procedural Guidelines for the 

Maintenance of the List of Products 

Requiring Federal Contractor 

Certification as to Forced or Indentured 


srobinson on DSKHWCL6B1PROD with NOTICES
78756 Federal Register / Vol. 75, No. 241 / Thursday, December 16, 2010 / Notices 

Child Labor.’’ This notice proposes to 

add a product, (along with its country 

of origin) to the list that the Department 

of Labor preliminarily believes might 

have been mined, produced, or 

manufactured by forced or indentured 

child labor. This notice also proposes to 

remove a product (along with its 

country of origin) from the list where, 

preliminarily, the Department of Labor 

has reason to believe that the use of 

forced or indentured child labor has 

been significantly reduced if not 

eliminated. The Department of Labor 

invites public comment on this initial 

determination. The Department will 

consider all public comments prior to 

publishing a final determination 

updating the list of products, made in 

consultation and cooperation with the 

Department of State, and the 

Department of Homeland Security. 

DATES: Information should be submitted 

to the Office of Child Labor, Forced 

Labor and Human Trafficking (OCFT) 

via one of the methods described below 

by 5 p.m., February 15, 2011. 

To Submit Information, or for Further 

Information, Contact: Information 

submitted to the Department should be 

submitted directly to OCFT, Bureau of 

International Labor Affairs, U.S. 

Department of Labor at (202) 693–4843 

(this is not a toll free number). 

Comments, identified as ‘‘Docket No. 

DOL–2010–0005,’’ may be submitted by 

any of the following methods: 

• Federal eRulemaking Portal: http:// 

www.regulations.gov. The portal 

includes instructions for submitting 

comments. Parties submitting responses 

electronically are encouraged not to 

submit paper copies. 

• Facsimile (fax): OCFT at 202–693– 

4830. 

• Mail, Express Delivery, Hand 

Delivery, and Messenger Service (2 

copies): Brandie Sasser at U.S. 

Department of Labor, OCFT, Bureau of 

International Labor Affairs, 200 

Constitution Avenue, NW., Room S– 

5317, Washington, DC 20210. 

• E-mail: EO13126@dol.gov. 

SUPPLEMENTARY INFORMATION: 

I. Background 

On June 12, 1999, President Clinton 

signed Executive Order No. 13126 (EO 

13126), which was published in the 

Federal Register on June 16, 1999 (64 

FR 32383). EO 13126 declared that it 

was ‘‘the policy of the United States 

Government * * * that the executive 

agencies shall take appropriate actions 

to enforce the laws prohibiting the 

manufacture or importation of good, 

wares, articles, and merchandise mined, 

produced or manufactured wholly or in 

part by forced or indentured child 

labor.’’ Pursuant to EO 13126, and 

following public notice and comment, 

the Department of Labor published in 

the January 18, 2001, Federal Register, 

a list of products (the ‘‘List’’) (along with 

their respective countries of origin) that 

the Department, in consultation and 

cooperation with the Departments of 

State and Treasury (relevant 

responsibilities now within the 

Department of Homeland Security), had 

a reasonable basis to believe might have 

been mined, produced or manufactured 

with forced or indentured child labor 

(66 FR 5353). The Department also 

published on January 18, 2001, 

‘‘Procedural Guidelines for Maintenance 

of the List of Products Requiring Federal 

Contractor Certification as to Forced or 

Indentured Child Labor’’ (Procedural 

Guidelines), which provide guidelines 

on the maintenance, review, and as 

appropriate, revision of the List (66 FR 

5351). 

The Procedural Guidelines provide 

that the List may be updated through 

considerations of submissions by 

individuals and on the Department’s 

own initiative. In either event, when 

proposing to update the List, the 

Department of Labor must publish in 

the Federal Register a notice of initial 

determination, which includes any 

proposed alteration to the List. The 

Department will consider all public 

comments prior to the publication of a 

final determination of an updated list, 

which is made in consultation and 

cooperation with the Departments of 

State and Homeland Security. 

On January 18, 2001, pursuant to 

Section 3 of the EO 13126, the Federal 

Acquisition Regulatory Councils 

published a final rule to implement 

specific provisions of EO 13126 that 

requires, among other things, that 

federal contractors who supply products 

that appear on the List issued by the 

Department certify to the contracting 

officer that the contractor, or, in the case 

of an incorporated contractor, a 

responsible official of the contractor, 

has made a good faith effort to 

determine whether forced or indentured 

child labor was used to mine, produce 

or manufacture any product furnished 

under the contract and that, on the basis 

of those efforts, the contractor is 

unaware of any such use of child labor. 

See 48 CFR Subpart 22.15. 

On September 11, 2009, the 

Department of Labor published an 

initial determination in the Federal 

Register proposing to update the List to 

include 29 products from 21 countries. 

The Notice requested public comments 

for a period of 90 days. Public 

comments were received and reviewed 

by all relevant agencies, and a final 

determination was issued on July 20, 

2010 that included all products 

proposed in the initial determination 

except for carpets from India. (75 FR 

42164). 

The current List and the Procedural 

Guidelines can be accessed on the 

Internet at http://www.dol.gov/ILAB/ 

regs/eo13126/main.htm or can be 

obtained from: OCFT, Bureau of 

International Labor Affairs, Room S– 

5317, U.S. Department of Labor, 200 

Constitution Avenue, NW., Washington, 

DC 20210; telephone: (202) 693–4843; 

fax (202) 693–4830. 

II. Definition of Forced/Indentured 

Child Labor 

Under Section 6(c) of EO 13126: 

‘‘Forced or indentured child labor’’ 

means all work or service— 

(1) Exacted from any person under the 

age of 18 under the menace of any 

penalty for its nonperformance and for 

which the worker does not offer himself 

voluntarily; or 

(2) Performed by any person under 

the age of 18 pursuant to a contract the 

enforcement of which can be 

accomplished by process or penalties. 

Information Sought 

The Department is requesting public 

comment on the revisions to the List 

proposed below, as well as any other 

issue related to the fair and effective 

implementation of EO 13126. This 

notice is a general solicitation of 

comments from the public. All 

submitted comments will be made a 

part of the public record and will be 

available for inspection and on 

www.regulations.gov. 

In conducting research for this initial 

determination, the Department 

considered a wide variety of materials 

originating from its own research, other 

U.S. Government agencies, foreign 

governments, international 

organizations, non-governmental 

organizations (NGOs), U.S. Governmentfunded technical assistance and field 

research projects, academic research, 

independent research, media, and other 

sources. The Department of State and 

U.S. embassies and consulates abroad 

also provide important information by 

gathering data from contacts, 

conducting site visits, and reviewing 

local media sources. Further, for this 

initial determination, the Department 

sought additional information from the 

public through a call for information 

published in the Federal Register on 

February 24, 2010. 

In developing the revised List, the 

Department’s review focused on 

available information concerning the 


srobinson on DSKHWCL6B1PROD with NOTICES
Federal Register / Vol. 75, No. 241 / Thursday, December 16, 2010 / Notices 78757 

use of forced or indentured child labor. 

The lack of available information does 

not, by itself, establish that, in any 

particular country, or for any particular 

product, forced or indentured child 

labor is not being used. Government 

resources for acquiring information are 

limited. In addition, information about 

actual working conditions in some 

countries is difficult or impossible to 

obtain, for a variety of reasons. For 

example, governments are unable or 

unwilling to cooperate with 

international efforts, or with the efforts 

of NGOs, to uncover and address 

abuses. Institutions or organizations that 

might uncover such information, such 

as free and independent news media, 

trade unions, and NGOs also may not 

exist. 

As outlined in the Procedural 

Guidelines, several factors were 

weighed in determining whether or not 

a product should be placed on the 

revised List: The nature of the 

information describing the use of forced 

or indentured child labor; the source of 

the information; the date of the 

information; the extent of corroboration 

of the information by appropriate 

sources; whether the information 

involved more than an isolated incident; 

and whether recent and credible efforts 

are being made to address forced or 

indentured child labor in a particular 

country and industry. 

This notice constitutes the initial 

determination updating the EO 13126 

list issued July 20, 2010. Based on 

recent, credible, and appropriately 

corroborated information from various 

sources, the Departments of Labor, 

State, and Homeland Security have 

preliminarily concluded that there is a 

reasonable basis to believe that the 

following product, identified by its 

country of origin, might have been 

mined, produced, or manufactured by 

forced or indentured child labor: 

Product: Hand-Woven Textiles 

Country: Ethiopia 

In addition, the Departments of Labor, 

State, and Homeland Security have 

preliminarily concluded that there is no 

longer a reasonable basis to believe that 

the use of forced or indentured child 

labor in the production of the following 

product, identified by its country of 

origin: 

Product: Charcoal 

Country: Brazil 

After the July 2010 update to the List, 

the Department of Labor received 

recent, credible, and appropriately 

corroborated information from various 

sources on the use of forced or 

indentured child labor in charcoal 

production in Brazil. This information 

indicates that while children previously 

worked under forced labor conditions in 

charcoal production, there is no longer 

a reasonable basis the problem has been 

significantly reduced if not eliminated. 

Therefore, the Departments of Labor, 

State, and Homeland Security have 

preliminarily concluded that there is no 

longer a reasonable basis to believe that 

charcoal from Brazil is produced by 

forced or indentured child labor and 

therefore it should not continue to be on 

the List. 

The Government of Brazil has 

developed a comprehensive approach to 

combat forced labor, including forced 

child labor, that includes robust policies 

and legislation, strong enforcement 

efforts, allocation of financial resources, 

and programs to assist victims of forced 

labor. For example, legislation requires 

fines and imprisonment of four to 

twelve years for the use of forced child 

labor, and the Government provides 

financial and employment assistance to 

victims of forced labor. The Government 

is currently implementing its Second 

National Plan to Combat Forced Labor 

and also has established a National 

Agreement to Eradicate Forced Labor, 

which involves more than 130 parties 

whose efforts are monitored and tracked 

online. Brazil also publishes a ‘‘Dirty 

List’’ (Lista Suja) of forced labor cases, 

including the names of companies and 

property owners who employ workers 

under forced labor conditions. The 

Government has created a Special 

Mobile Inspection Unit (GEFM) at the 

Ministry of Labor and Employment 

(MTE), which performs on-site 

investigations of forced labor cases. 

GEFM is composed of teams of labor 

inspectors, Labor Public Ministry 

attorneys, and members of the National 

Police. Currently, more than 100 labor 

inspectors are part of this inspection 

unit. To resolve such cases, GEFM has 

the right to initiate formal charges, to 

settle the complaint at the scene of the 

crime, and to levy fines. Such fines are 

used to enhance enforcement efforts, 

undertake preventative efforts, and to 

provide services to forced labor victims, 

including children. 

In response to being placed on the 

List, the Government of Brazil provided 

additional information to the 

Department of Labor on the status of 

forced or indentured child labor in 

charcoal production. The information 

included disaggregated data that 

indicates that, from January 2007 to 

September 2010, the MTE conducted 

1,924 labor inspections in 23 states and 

found no child under 18 working under 

forced labor conditions in charcoal 

production. The MTE’s public Web site 

shows that from January 2007 to August 

2010, the GEFM conducted 499 

investigations of forced labor cases, 

inspected 1,025 businesses, and rescued 

more than 16,000 workers from forced 

labor conditions. While the Government 

collects data in a disaggregated manner, 

information made publicly available on 

the Web site is not disaggregated by age 

or sector. 

To corroborate the Brazilian 

Government’s data that indicated no 

evidence of forced child labor in 

charcoal production, the Department 

accessed information publicly available 

since the end of the previous research 

period (2008–2010) and spoke with a 

number of stakeholders actively engaged 

in forced labor issues in the charcoal 

sector. These sources, which included 

the International Labor OrganizaILO, 

Reporter Brasil, the Citizens’ Charcoal 

Institute (ICC), and the Pastoral Land 

Commission (CPT), indicate that forced 

child labor in the production of charcoal 

has been significantly reduced if not 

eliminated. Both the CPT and ICC 

provided monitoring data to support 

these claims, although the CPT data 

differs slightly from the Government’s 

data. The CPT, which receives 

complaints of forced labor cases, carries 

out independent forced labor 

monitoring and also refers cases to the 

GEFM, reported that from June 2008 to 

August 2010, it submitted five 

complaints of forced labor in charcoal to 

MTE that involved 76 victims, including 

10 children. Thus, while it appears that 

there continue to be isolated cases of 

forced child labor, the Government has 

established mechanisms to address and 

respond to such cases. The ICC, which 

independently monitors labor 

conditions in charcoal enterprises in the 

states of Para ́, Maranha ̃o, Tocantins, and 

Piauı ́, has carried out 2,793 inspections 

in 158 municipalities, registered 

145,917 charcoal kilns, and reached out 

to more than 52,000 charcoal workers. It 

found no evidence of forced child labor 

in these businesses. 

According to information obtained, 

factors driving the reduction in forced 

child labor in the charcoal industry 

have included increased government 

enforcement, government collaboration 

with civil society, awareness-raising 

among workers, and monitoring systems 

put in place by companies in the pig 

iron/charcoal supply chain. 

It is important to note that 

information obtained by the Department 

indicates that adult forced labor and 

child labor that is not forced is still 

occurring in the production of charcoal. 

Therefore, while the Department is 

proposing to remove charcoal from 

Brazil from the EO 13126 List, it will 

continue to be included on The 


srobinson on DSKHWCL6B1PROD with NOTICES
78758 Federal Register / Vol. 75, No. 241 / Thursday, December 16, 2010 / Notices 

Department of Labor’s List of Goods 

Produced by Child Labor or Forced 

Labor. 

The Department invites public 

comment on whether these products 

(and/or other products, regardless of 

whether they are mentioned in this 

Notice) should be included on or 

removed from the revised List of 

products requiring federal contractor 

certification as to the use of forced or 

indentured child labor. To the extent 

possible, comments provided should 

address the criteria for inclusion of a 

product on the List contained in the 

Procedural Guidelines discussed above. 

The Department is also interested in 

public comments relating to whether 

products initially determined to be on 

the List are designated with appropriate 

specificity and whether alternative 

designations would better serve the 

purposes of EO 13126. 

The bibliography providing the 

preliminary basis for adding handwoven textiles from Ethiopia on the List 

and additional documentation on the 

removal of charcoal from Brazil are 

available on the Internet at http:// 

www.dol.gov/ILAB/regs/eo13126/ 

main.htm. 

As explained, following receipt and 

consideration of comments on the 

revised List set out above, the 

Department of Labor, in consultation 

and cooperation with the Departments 

of State Homeland Security, will issue 

a final determination in the Federal 

Register. The Department of Labor 

intends to continue to revise the List 

periodically, to add and/or delete 

products, as justified by new 

information. 

Signed at Washington, DC, this 8th day of 

December, 2010. 

Sandra Polaski, 

Deputy Undersecretary, Bureau of 

International Labor Affairs. 

[FR Doc. 2010–31213 Filed 12–15–10; 8:45 am] 

BILLING CODE 4510–28–P 

DEPARTMENT OF LABOR 

Office of the Secretary 

Bureau of International Labor Affairs; 

Labor Advisory Committee for Trade 

Negotiations and Trade Policy 

ACTION: Meeting notice. 

SUMMARY: Pursuant to the provisions of 

the Federal Advisory Committee Act 

(Pub. L. 92–463, as amended), notice is 

hereby given of a meeting of the Labor 

Advisory Committee for Trade 

Negotiation and Trade Policy. 

Date, Time, Place: January 12, 2011; 

10 a.m.–11:30 a.m.; U.S. Department of 

Labor, Secretary’s Conference Room, 

200 Constitution Ave., NW., 

Washington, DC. 

Purpose: The meeting will include a 

review and discussion of current issues 

which influence U.S. trade policy. 

Potential U.S. negotiating objectives and 

bargaining positions in current and 

anticipated trade negotiations will be 

discussed. Pursuant to 19 U.S.C. 2155(f) 

it has been determined that the meeting 

will be concerned with matters the 

disclosure of which would seriously 

compromise the Government’s 

negotiating objectives or bargaining 

positions. Accordingly, the meeting will 

be closed to the public. 

FOR FURTHER INFORMATION, CONTACT: 

Gregory Schoepfle, Director, Office of 

Trade and Labor Affairs; Phone: (202) 

693–4887. 

Signed at Washington, DC, the 10th day of 

December, 2010. 

Sandra Polaski, 

Deputy Undersecretary International Affairs. 

[FR Doc. 2010–31582 Filed 12–15–10; 8:45 am] 

BILLING CODE 4510–28–P 

DEPARTMENT OF LABOR 

Employee Benefits Security 

Administration 

Prohibited Transaction Exemptions 

From Certain Prohibited Transaction 

Restrictions 

AGENCY: Employee Benefits Security 

Administration, Labor. 

ACTION: Grant of Individual Exemptions. 

SUMMARY: This document contains 

exemptions issued by the Department of 

Labor (the Department) from certain of 

the prohibited transaction restrictions of 

the Employee Retirement Income 

Security Act of 1974 (ERISA or the Act) 

and/or the Internal Revenue Code of 

1986 (the Code). 

This notice includes the following: 

2010–31, Deutsche Asset Management 

(UK) Limited, D–11495; 2010–32, 

Sherburne Tele Systems, Inc. Amended 

and Restored Stock Ownership Plan and 

Trust (the ‘‘ESOP’’), D–11569; 2010–33, 

Citigroup Global Markets, Inc. and Its 

Affiliates (together, CGMI or the 

Applicant), D–11573; and 2010–34, 

Retirement Plan for Employees of the 

Rehabilitation Institute of Chicago (the 

Plan), D–11585. 

SUPPLEMENTARY INFORMATION: A notice 

was published in the Federal Register of 

the pendency before the Department of 

a proposal to grant such exemption. The 

notice set forth a summary of facts and 

representations contained in the 

application for exemption and referred 

interested persons to the application for 

a complete statement of the facts and 

representations. The application has 

been available for public inspection at 

the Department in Washington, DC. The 

notice also invited interested persons to 

submit comments on the requested 

exemption to the Department. In 

addition, the notice stated that any 

interested person might submit a 

written request that a public hearing be 

held (where appropriate). The applicant 

has represented that it has complied 

with the requirements of the notification 

to interested persons. No requests for a 

hearing were received by the 

Department. Public comments were 

received by the Department as described 

in the granted exemption. 

The notice of proposed exemption 

was issued and the exemption is being 

granted solely by the Department 

because, effective December 31, 1978, 

section 102 of Reorganization Plan No. 

4 of 1978, 5 U.S.C. App. 1 (1996), 

transferred the authority of the Secretary 

of the Treasury to issue exemptions of 

the type proposed to the Secretary of 

Labor. 

Statutory Findings 

In accordance with section 408(a) of 

the Act and/or section 4975(c)(2) of the 

Code and the procedures set forth in 29 

CFR Part 2570, Subpart B (55 FR 32836, 

32847, August 10, 1990) and based upon 

the entire record, the Department makes 

the following findings: 

(a) The exemption is administratively 

feasible; 

(b) The exemption is in the interests 

of the plan and its participants and 

beneficiaries; and 

(c) The exemption is protective of the 

rights of the participants and 

beneficiaries of the plan. 

Deutsche Asset Management (UK) 

Limited (the Applicant), Located in 

London, England, a Wholly-Owned 

Subsidiary of Deutsche Bank AG, 

Located in Frankfurt, Germany, and 

Throughout the World 

[Prohibited Transaction Exemption 

2010–31; Exemption Application 

Number D–11495] 

Exemption 

Section I—Covered Transactions 

The restrictions of sections 

406(a)(1)(A), 406(a)(1)(B), 406(a)(1)(D), 

406(b)(1), and 406(b)(2) of the Act and 

the sanctions resulting from the 

application of section 4975 of the Code, 

by reason of sections 4975(c)(1)(A), (B), 

(D), and (E) of the Code, shall not apply 

to certain foreign exchange Hedging and 


srobinson on DSKHWCL6B1PROD with NOTICES