Federal Register / Vol. 83, No. 125 / Thursday, June 28, 2018 / Rules and Regulations 30335 

Executive Order 12988 (Civil Justice 

Reform) 

This action meets applicable 

standards in sections 3(a) and 3(b)(2) of 

Executive Order 12988, Civil Justice 

Reform, to minimize litigation, 

eliminate ambiguity, and reduce 

burden. 

Executive Order 13045 (Protection of 

Children) 

The FHWA has analyzed this rule 

under Executive Order 13045, 

Protection of Children from 

Environmental Health Risks and Safety 

Risks. The FHWA certifies that this 

action would not cause any 

environmental risk to health or safety 

that might disproportionately affect 

children. 

Executive Order 12630 (Taking of 

Private Property) 

The FHWA has analyzed this rule 

under Executive Order 12630, 

Governmental Actions and Interface 

with Constitutionally Protected Property 

Rights. The FHWA does not anticipate 

that this action would affect a taking of 

private property or otherwise have 

taking implications under Executive 

Order 12630. 

National Environmental Policy Act 

The Agency has analyzed this action 

for the purpose of the National 

Environmental Policy Act of 1969 (42 

U.S.C. 4321–4347) and has determined 

that this action would not have any 

effect on the quality of the environment. 

Regulation Identification Number 

A regulation identification number 

(RIN) is assigned to each regulatory 

action listed in the Unified Agenda of 

Federal Regulations. The Regulatory 

Information Service Center publishes 

the Unified Agenda in April and 

October of each year. The RIN contained 

in the heading of this document can be 

used to cross reference this action with 

the Unified Agenda. 

List of Subjects in 23 CFR Part 658 

Grants program—transportation, 

Highways and roads, Motor carriers. 

Issued on: June 21, 2018. 

Brandye L. Hendrickson, 

Acting Administrator, Federal Highway 

Administration. 

In consideration of the foregoing, the 

FHWA amends 23 CFR part 658, as set 

forth below: 

PART 658—TRUCK SIZE AND WEIGHT, 

ROUTE DESIGNATIONS—LENGTH, 

WIDTH AND WEIGHT LIMITATIONS 

■ 1. The authority citation for part 658 

continues to read as follows: 

Authority: 23 U.S.C. 127 and 315; 49 

U.S.C. 31111, 31112, and 31114; sec. 347, 

Pub. L. 108–7, 117 Stat. 419; sec. 756, Pub 

L. 109–59, 119 Stat. 1219; sec. 115, Pub. L. 

109–115, 119 Stat. 2408; 49 CFR 1.48(b)(19) 

and (c)(19). 

■ 2. Amend Appendix A to Part 658 by 

adding an entry to the end of the New 

York portion of the table to read as 

follows: 

Appendix A to Part 658—National 

Network—Federally-Designated Routes 

* * * * * 

Route From To 

*******

New York 

*******

Sheridan Boulevard (NY 895) ................................................................ I–278 Bruckner Expressway .......... I–95 Cross Bronx Expressway. 

*******

[FR Doc. 2018–13903 Filed 6–27–18; 8:45 am] 

BILLING CODE 4910–22–P 

DEPARTMENT OF THE TREASURY 

Office of Foreign Assets Control 

31 CFR Part 560 

Iranian Transactions and Sanctions 

Regulations 

AGENCY: Office of Foreign Assets 

Control, Treasury. 

ACTION: Final rule. 

SUMMARY: The Department of the 

Treasury’s Office of Foreign Assets 

Control (OFAC) is amending the Iranian 

Transactions and Sanctions Regulations 

(ITSR) to implement the President’s 

May 8, 2018 decision to end the United 

States’ participation in the Joint 

Comprehensive Plan of Action (JCPOA) 

on Iran’s nuclear program, as outlined 

in National Security Presidential 

Memorandum-11 of May 8, 2018 

(NSPM–11). Specifically, OFAC is 

amending the ITSR to: Amend the 

general licenses authorizing the 

importation into the United States of, 

and dealings in, Iranian-origin carpets 

and foodstuffs, as well as related letters 

of credit and brokering services, to 

narrow the scope of such general 

licenses to the wind down of such 

activities through August 6, 2018; add a 

new general license to authorize the 

wind down, through August 6, 2018, of 

transactions related to the negotiation of 

contingent contracts for activities 

eligible for authorization under the 

Statement of Licensing Policy for 

Activities Related to the Export or Reexport to Iran of Commercial Passenger 

Aircraft and Related Parts and Services, 

which was rescinded following the 

issuance of NSPM–11; and add a new 

general license to authorize the wind 

down, through November 4, 2018, of 

certain transactions relating to foreign 

entities owned or controlled by a United 

States person. 

DATES: Effective Date: June 27, 2018. 

FOR FURTHER INFORMATION CONTACT: 

OFAC: Assistant Director for Licensing, 

tel.: 202–622–2480; Assistant Director 

for Regulatory Affairs, tel.: 202–622– 

4855; Assistant Director for Sanctions 

Compliance & Evaluation, tel.: 202–622– 

2490; or the Department of the 

Treasury’s Office of the Chief Counsel 

(Foreign Assets Control), Office of the 

General Counsel, tel.: 202–622–2410. 

SUPPLEMENTARY INFORMATION: 

Electronic Availability 

This document and additional 

information concerning OFAC are 

available on OFAC’s website 

(www.treasury.gov/ofac). 

Background 

On May 8, 2018, the President issued 

NSPM–11, which set forth his decision 

to end the United States’ participation 

in the JCPOA. In NSPM–11, the 


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30336 Federal Register / Vol. 83, No. 125 / Thursday, June 28, 2018 / Rules and Regulations 

President directed the Secretary of State 

and the Secretary of the Treasury to 

immediately begin taking steps to reimpose all United States sanctions lifted 

or waived in connection with the 

JCPOA as expeditiously as possible, and 

in no case later than 180 days from the 

date of NSPM–11. Today, OFAC is 

amending the ITSR, 31 CFR part 560, to 

issue wind-down authorizations for 

activities involving Iran that were 

previously authorized by OFAC in 

connection with the U.S. sanctions 

relief provided for under the JCPOA. In 

conjunction with this action, OFAC has 

revoked General License H and General 

License I, two authorizations for 

activities involving Iran that were 

previously issued by OFAC in 

connection with the U.S. sanctions 

relief provided for under the JCPOA. 

On January 16, 2016, OFAC issued 

General License H to license certain 

transactions relating to foreign entities 

owned or controlled by a United States 

person. At the time of its issuance, 

General License H was posted on 

OFAC’s website (www.treasury.gov/ 

ofac). 

Also on January 16, 2016, OFAC 

issued a Statement of Licensing Policy 

for Activities Related to the Export or 

Re-export to Iran of Commercial 

Passenger Aircraft and Related Parts 

and Services (JCPOA SLP). At the time 

of its issuance, the JCPOA SLP was 

posted on OFAC’s website 

(www.treasury.gov/ofac). Following the 

issuance of NSPM–11, OFAC rescinded 

the JCPOA SLP and posted an archived 

version of the JCPOA SLP on its website 

for reference purposes. 

On January 21, 2016, OFAC amended 

the ITSR to license the importation into 

the United States of certain Iranianorigin carpets and foodstuffs, including 

pistachios and caviar (81 FR 3330). 

Specifically, OFAC added § 560.534 to 

the ITSR to authorize by general license 

the importation into the United States 

of, and dealings in, certain Iranianorigin foodstuffs and carpets from Iran 

or a third country. OFAC also added 

§ 560.535 to the ITSR to authorize by 

general license certain letters of credit 

and brokering services relating to 

certain Iranian-origin foodstuffs and 

carpets. 

On March 24, 2016, OFAC issued 

General License I to authorize certain 

transactions related to the negotiation 

of, and entry into, contingent contracts 

for activities eligible for authorization 

under the JCPOA SLP. At the time of its 

issuance, General License I was posted 

on OFAC’s website (www.treasury.gov/ 

ofac). 

Today, OFAC is amending the ITSR to 

implement the wind-down 

authorizations for the above-referenced 

activities involving Iran that were 

previously authorized by OFAC 

pursuant to the ITSR in connection with 

the U.S. sanctions relief provided for 

under the JCPOA. 

First, OFAC is amending § 560.534 to 

narrow the scope of that general license 

to authorize, through 11:59 p.m. eastern 

daylight time on August 6, 2018, only 

the wind down of transactions related to 

the importation into the United States 

of, and dealings in, certain Iranianorigin foodstuffs and carpets. U.S. 

persons will be authorized to engage in 

all transactions and activities that are 

ordinarily incident and necessary to the 

wind down of transactions that were 

previously authorized under § 560.534. 

After 11:59 p.m. eastern daylight time 

on August 6, 2018, no further 

transactions are authorized under 

amended § 560.534. 

OFAC is also amending § 560.535 to 

narrow the scope of that general license 

to authorize, through 11:59 p.m. eastern 

daylight time on August 6, 2018, only 

the wind down of transactions related to 

letters of credit and brokering services 

relating to certain Iranian-origin 

foodstuffs and carpets. U.S. persons will 

be authorized to engage in all 

transactions and activities that are 

ordinarily incident and necessary to the 

wind down of transactions that were 

previously authorized under § 560.535. 

After 11:59 p.m. eastern daylight time 

on August 6, 2018, no further 

transactions are authorized under 

amended § 560.535. 

In addition, OFAC is adding § 560.536 

to authorize, through 11:59 p.m. eastern 

daylight time on August 6, 2018, all 

transactions and activities that are 

ordinarily incident and necessary to the 

wind down of transactions related to the 

negotiation of contingent contracts for 

activities that were, at the time of the 

negotiation, eligible for authorization 

under the JCPOA SLP. This wind-down 

authorization enables U.S. persons to 

wind down, through August 6, 2018, 

activities that were previously 

authorized pursuant to General License 

I. In conjunction with this action, OFAC 

has revoked General License I and has 

posted an archived version of General 

License I on its website 

(www.treasury.gov/ofac) for reference 

purposes. After 11:59 p.m. eastern 

daylight time on August 6, 2018, no 

further transactions are authorized 

under § 560.536. 

Finally, OFAC is adding § 560.537 to 

authorize, through 11:59 p.m. eastern 

standard time on November 4, 2018, all 

transactions and activities that are 

ordinarily incident and necessary to the 

wind down of transactions relating to 

foreign entities owned or controlled by 

a United States person that were 

previously authorized under General 

License H. In conjunction with this 

action, OFAC has revoked General 

License H and has posted an archived 

version of General License H on its 

website (www.treasury.gov/ofac) for 

reference purposes. After 11:59 p.m. 

eastern standard time on November 4, 

2018, no further transactions are 

authorized under § 560.537. 

Public Participation 

Because the amendment of the ITSR 

involves 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, as well as the provisions 

of Executive Order 13771, 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. 

Paperwork Reduction Act 

The collections of information related 

to the ITSR are contained in 31 CFR part 

501 (the ‘‘Reporting, Procedures and 

Penalties Regulations’’). Pursuant to the 

Paperwork Reduction Act of 1995 (44 

U.S.C. 3507), those collections of 

information have been approved by the 

Office of Management and Budget under 

control number 1505–0164. 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 control number. 

List of Subjects in 31 CFR Part 560 

Administrative practice and 

procedure, Aircraft, Banks, Banking, 

Carpet, Civil aviation, Foodstuffs, Iran, 

Letters of credit. 

For the reasons set forth in the 

preamble, the Department of the 

Treasury’s Office of Foreign Assets 

Control amends 31 CFR chapter V as 

follows: 

PART 560—IRANIAN TRANSACTIONS 

AND SANCTIONS REGULATIONS 

■ 1. The authority citation for part 560 

continues to read as follows: 

Authority: 3 U.S.C. 301; 18 U.S.C. 2339B, 

2332d; 22 U.S.C. 2349aa–9; 22 U.S.C. 7201– 

7211; 31 U.S.C. 321(b); 50 U.S.C. 1601–1651, 

1701–1706; Pub. L. 101–410, 104 Stat. 890 

(28 U.S.C. 2461 note); Pub. L. 110–96, 121 

Stat. 1011 (50 U.S.C. 1705 note); Pub. L. 111– 

195, 124 Stat. 1312 (22 U.S.C. 8501–8551); 

Pub. L. 112–81, 125 Stat. 1298 (22 U.S.C. 

8513a); Pub. L. 112–158, 126 Stat. 1214 (22 

U.S.C. 8701–8795); E.O. 12613, 52 FR 41940, 


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Federal Register / Vol. 83, No. 125 / Thursday, June 28, 2018 / Rules and Regulations 30337 

3 CFR, 1987 Comp., p. 256; E.O. 12957, 60 

FR 14615, 3 CFR, 1995 Comp., p. 332; E.O. 

12959, 60 FR 24757, 3 CFR, 1995 Comp., p. 

356; E.O. 13059, 62 FR 44531, 3 CFR, 1997 

Comp., p. 217; E.O. 13599, 77 FR 6659, 3 

CFR, 2012 Comp., p. 215; E.O. 13628, 77 FR 

62139, 3 CFR, 2012 Comp., p. 314. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 2. Revise § 560.534 to read as follows: 

§ 560.534 Winding down of transactions 

related to the importation into the United 

States of, and dealings in, certain 

foodstuffs and carpets. 

(a) Except as provided in paragraphs 

(b) and (c) of this section, all 

transactions and activities that are 

ordinarily incident and necessary to the 

wind down of the following activities 

are authorized through 11:59 p.m. 

eastern daylight time on August 6, 2018: 

(1) The importation into the United 

States, from Iran or a third country, of 

the following goods of Iranian origin: 

(i) Foodstuffs intended for human 

consumption that are classified under 

chapters 2–23 of the Harmonized Tariff 

Schedule of the United States; and 

(ii) Carpets and other textile floor 

coverings and carpets used as wall 

hangings that are classified under 

chapter 57 or heading 9706.00.0060 of 

the Harmonized Tariff Schedule of the 

United States. 

(2) United States persons, wherever 

located, engaging in transactions or 

dealings in or related to the categories 

of Iranian-origin goods described in 

paragraph (a)(1) of this section, 

provided that the transaction or dealing 

does not involve or relate to goods, 

technology, or services for exportation, 

reexportation, sale, or supply, directly 

or indirectly, to Iran, the Government of 

Iran, an Iranian financial institution, or 

any other person whose property and 

interests in property are blocked 

pursuant to § 560.211, other than 

services described in § 560.405 

(‘‘Transactions ordinarily incident to a 

licensed transaction authorized’’) and 

transfers of funds described in § 560.516 

(‘‘Transfers of funds involving Iran’’). 

(b) This general license does not 

authorize the importation into the 

United States of goods that were under 

seizure or detention by the Department 

of Homeland Security, as of January 21, 

2016, pursuant to Customs regulations 

or other applicable provisions of law, 

until any applicable penalties, charges, 

duties, or other conditions are satisfied. 

This general license does not authorize 

the importation into the United States of 

goods for which forfeiture proceedings 

have commenced or of goods that have 

been forfeited to the U.S. Government, 

other than through U.S. Customs and 

Border Protection disposition, including 

by selling at auction. 

(c) Nothing in this section authorizes 

debits or credits to Iranian accounts, as 

defined in § 560.320. 

■ 3. Revise § 560.535 to read as follows: 

§ 560.535 Winding down of transactions 

related to letters of credit and brokering 

services relating to certain foodstuffs and 

carpets. 

(a) Wind down. Except as provided in 

paragraph (b) of this section, all 

transactions and activities that are 

ordinarily incident and necessary to the 

wind down of the following activities 

are authorized through 11:59 p.m. 

eastern daylight time on August 6, 2018: 

(1) Purchases from Iran or the 

Government of Iran or certain other 

blocked persons. United States 

depository institutions issuing letters of 

credit in favor of a beneficiary in Iran, 

the Government of Iran, an Iranian 

financial institution, or any other person 

whose property and interests in 

property are blocked pursuant to 

§ 560.211 to pay for purchases from Iran 

or the Government of Iran of the 

categories of Iranian-origin goods 

described in § 560.534(a)(1), provided 

that such letters of credit are not 

advised, negotiated, paid, or confirmed 

by the Government of Iran, an Iranian 

financial institution, or any other person 

whose property and interests in 

property are blocked pursuant to 

§ 560.211. 

(2) Transactions or dealings in 

Iranian-origin goods located in third 

countries, other than purchases from 

the Government of Iran or certain other 

blocked persons. United States 

depository institutions issuing, 

advising, negotiating, or confirming 

letters of credit to pay for transactions 

in or related to Iranian-origin goods 

described in § 560.534(a)(1) and located 

in a third-country, other than purchases 

from the Government of Iran, an Iranian 

financial institution, or any other person 

whose property and interests in 

property are blocked pursuant to 

§ 560.211, provided that such letters of 

credit are not issued, advised, 

negotiated, paid, or confirmed by the 

Government of Iran, an Iranian financial 

institution, or any other person whose 

property and interests in property are 

blocked pursuant to § 560.211. 

(3) Brokering. United States persons, 

wherever located, acting as brokers for 

the purchase or sale of the categories of 

Iranian-origin goods described in 

§ 560.534(a)(1), provided that the goods 

are not for exportation, reexportation, 

sale, or supply, directly or indirectly, to 

Iran, the Government of Iran, an Iranian 

financial institution, or any other person 

whose property and interests in 

property are blocked pursuant to 

§ 560.211. 

(b) Iranian accounts. Nothing in this 

section authorizes debits or credits to 

Iranian accounts, as defined in 

§ 560.320. 

Note 1 to § 560.535: See §§ 560.304 and 

560.313 for information relating to 

individuals and entities that are included 

within the definition of the term Government 

of Iran and § 560.324 regarding entities 

included within the definition of the term 

Iranian financial institution. See § 560.516 

for information relating to authorized 

transfers to Iran by U.S. depository 

institutions relating to licensed transactions. 

■ 4. Add § 560.536 to subpart E to read 

as follows: 

§ 560.536 Winding down of transactions 

related to the negotiation of contingent 

contracts for activities eligible for 

authorization under the Statement of 

Licensing Policy for Activities Related to 

the Export or Re-export to Iran of 

Commercial Passenger Aircraft and Related 

Parts and Services. 

(a) All transactions and activities that 

are ordinarily incident and necessary to 

the wind down of the following 

activities are authorized through 11:59 

p.m. eastern daylight time on August 6, 

2018: U.S. persons engaging in all 

transactions ordinarily incident to the 

negotiation of contingent contracts for 

activities that were, at the time of the 

negotiation, eligible for authorization 

under the now-rescinded Statement of 

Licensing Policy for Activities Related to 

the Export or Re-export to Iran of 

Commercial Passenger Aircraft and 

Related Parts and Services (JCPOA 

SLP). 

Note 1 to paragraph (a): OFAC has posted 

an archived copy of the JCPOA SLP on its 

website (www.treasury.gov/ofac) for reference 

purposes. 

(b) Nothing in paragraph (a) of this 

section authorizes the exportation, 

reexportation, sale, or supply, directly 

or indirectly, of any goods or technology 

to Iran, the Government of Iran, an 

Iranian financial institution, or any 

other person whose property and 

interests in property are blocked 

pursuant to § 560.211. 

(c) For purposes of this section, the 

term ‘‘contingent contract’’ means a 

contract where the performance of the 

contract is made expressly contingent 

upon the issuance of a specific license 

by the Office of Foreign Assets Control 

authorizing the activities to be 

performed. For purposes of this section, 

the term ‘‘contingent contract’’ includes 

executory contracts, executory pro 

forma invoices, agreements in principle, 


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executory offers capable of acceptance 

such as bids or proposals in response to 

public tenders, binding memoranda of 

understanding, or any other similar 

agreement. 

■ 5. Add § 560.537 to subpart E to read 

as follows: 

§ 560.537 Winding down of transactions 

relating to foreign entities owned or 

controlled by a U.S. person. 

(a) Except as provided in paragraph 

(c) of this section, all transactions and 

activities that are ordinarily incident 

and necessary to the wind down of the 

following activities are authorized 

through 11:59 p.m. eastern standard 

time on November 4, 2018: an entity 

owned or controlled by a United States 

person and established or maintained 

outside the United States (a ‘‘U.S.- 

owned or -controlled foreign entity’’) 

engaging in transactions, directly or 

indirectly, with the Government of Iran 

or any person subject to the jurisdiction 

of the Government of Iran that would 

otherwise be prohibited by § 560.215. 

(b) All transactions and activities that 

are ordinarily incident and necessary to 

the wind down of the following 

activities are authorized through 11:59 

p.m. eastern standard time on November 

4, 2018: A United States person 

engaging in the following: 

(1) Activities related to the 

establishment or alteration of operating 

policies and procedures of a United 

States entity or a U.S.-owned or 

-controlled foreign entity, to the extent 

necessary to allow a U.S.-owned or 

-controlled foreign entity to engage in 

transactions authorized in paragraph (a) 

of this section; and 

(2) Activities to make available to 

those foreign entities that the U.S. 

person owns or controls any automated 

and globally integrated computer, 

accounting, email, telecommunications, 

or other business support system, 

platform, database, application, or 

server necessary to store, collect, 

transmit, generate, or otherwise process 

documents or information related to 

transactions authorized in paragraph (a) 

of this section. 

Note 1 to paragraph (b): See § 560.208 for 

prohibitions on facilitation by United States 

persons, which remain in effect, with the 

exception of activities authorized in 

paragraph (b) of this section. 

(c) Paragraph (a) of this section does 

not authorize transactions involving: 

(1) The exportation, reexportation, 

sale, or supply, directly or indirectly, 

from the United States of any goods, 

technology, or services prohibited by 

§ 560.204 or the reexportation from a 

third country of any goods, technology, 

or services prohibited by § 560.205; 

(2) Any transfer of funds to, from, or 

through a United States depository 

institution or a United States-registered 

broker or dealer in securities; 

(3) Any person on OFAC’s list of 

Specially Designated Nationals and 

Blocked Persons (SDN List), or any 

activity that would be prohibited by any 

part of 31 CFR chapter V other than part 

560 if engaged in by a United States 

person or in the United States; 

(4) Any person identified on the List 

of Foreign Sanctions Evaders pursuant 

to Executive Order 13608; 

(5) Any activity involving any item 

(including information) subject to the 

Export Administration Regulations, 15 

CFR parts 730 through 774 (EAR), that 

is prohibited by, or otherwise requires a 

license under, part 744 of the EAR; or 

participation in any transaction 

involving a person whose export 

privileges have been denied pursuant to 

part 764 or 766 of the EAR, without 

authorization from the Department of 

Commerce; 

(6) Any military, paramilitary, 

intelligence, or law enforcement entity 

of the Government of Iran, or any 

official, agent, or affiliate thereof; 

(7) Any activity that is sanctionable 

under Executive Order 12938 or 13382 

(relating to Iran’s proliferation of 

weapons of mass destruction and their 

means of delivery, including ballistic 

missiles); Executive Order 13224 

(relating to international terrorism); 

Executive Order 13572 or 13582 

(relating to Syria); Executive Order 

13611 (relating to Yemen); or Executive 

Order 13553 or 13606, or section 2 or 3 

of Executive Order 13628 (relating to 

Iran’s commission of human rights 

abuses against its citizens); or 

(8) Any nuclear activity involving Iran 

that is subject to the procurement 

channel established pursuant to 

paragraph 16 of the United Nations 

Security Council Resolution 2231 (2015) 

and Section 6 of Annex IV to the Joint 

Comprehensive Plan of Action of July 

14, 2015 and that has not been approved 

through that procurement channel 

process. 

(d)(1) For purposes of paragraph (b)(2) 

of this section, the term ‘‘automated’’ 

refers to a computer, accounting, email, 

telecommunications, or other business 

support system, platform, database, 

application, or server that operates 

passively and without human 

intervention to facilitate the flow of data 

between and among the United States 

person and its owned or controlled 

foreign entities. 

(2) For purposes of paragraph (b)(2) of 

this section, the term ‘‘globally 

integrated’’ refers to a computer, 

accounting, email, telecommunications, 

or other business support system, 

platform, database, application, or 

server that is available to, and in general 

use by, the United States person’s global 

organization, including the United 

States person and its owned or 

controlled foreign entities. 

(3) Paragraph (b)(2) of this section 

does not authorize the use of any 

automated computer, accounting, email, 

telecommunications, or other business 

support system, platform, database, 

application, or server in connection 

with any transfer of funds to, from, or 

through a United States depository 

institution or a United States-registered 

broker or dealer in securities. 

Dated: June 25, 2018. 

Andrea Gacki, 

Acting Director, Office of Foreign Assets 

Control. 

[FR Doc. 2018–13939 Filed 6–27–18; 8:45 am] 

BILLING CODE 4810–AL–P 

DEPARTMENT OF HOMELAND 

SECURITY 

Coast Guard 

33 CFR Part 100 

[Docket Number USCG–2018–0316] 

RIN 1625–AA08 

Special Local Regulation; Gulf of 

Mexico; Sarasota, FL 

AGENCY: Coast Guard, DHS. 

ACTION: Temporary final rule. 

SUMMARY: The Coast Guard is 

establishing a special local regulation on 

the waters of the Gulf of Mexico, in the 

vicinity of Lido Beach, Florida, during 

the 34th Annual Sarasota Powerboat 

Grand Prix High Speed Boat Race. 

Approximately 35 boats and jet skis, 

traveling at speeds in excess of 100 

miles per hour are expected to 

participate. Additionally, it is 

anticipated that 300 spectator vessels 

will be present along the race course. 

The special local regulation is necessary 

to protect the safety of race participants, 

participant vessels, spectators, and the 

general public on navigable waters of 

the United States during the event. The 

special local regulation will establish an 

enforcement area where all persons and 

vessels, except those persons and 

vessels participating in the high speed 

boat races, are prohibited from entering, 

transiting through, anchoring in, or 

remaining within without obtaining 

permission from the Captain of the Port 

St. Petersburg or a designated 

representative. 


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