86082 Federal Register / Vol. 89, No. 209 / Tuesday, October 29, 2024 / Notices 

organization; or (2) opens a foreign 

branch and no application or notice is 

required by the FRB for such 

transaction. Section 28.3(b) provides 

that in lieu of a notice, the OCC may 

accept a copy of an application, notice, 

or report submitted to another Federal 

agency that covers the proposed action 

and contains substantially the same 

information required by the OCC. 

Pursuant to § 28.3(c), the OCC may 

require additional information in the 

form of an application from a national 

bank seeking to join a foreign exchange, 

clearinghouse, or similar type of 

organization. A national bank shall 

furnish the OCC with any additional 

information the OCC may require in 

connection with the national bank’s 

foreign operations. 

12 CFR 28.14(c) Limitations Based 

Upon Capital of a Foreign Bank— 

Aggregation 

A foreign bank shall aggregate 

business transacted by all Federal 

branches and agencies with the business 

transacted by all state branches and 

agencies controlled by the foreign bank 

in determining its compliance with 

limitations based upon the capital of the 

foreign bank. A foreign bank shall 

designate one Federal branch or agency 

office in the United States to maintain 

consolidated information so that the 

OCC can monitor compliance. 

12 CFR 28.15(d), (d)(1), (d)(2), and (f) 

Capital Equivalency Deposits 

Under § 28.15(d), a foreign bank 

should require its depository bank to 

segregate its capital equivalency 

deposits (CED) on the depository bank’s 

books and records. Pursuant to 

§ 28.15(d)(2), the instruments making up 

the CED that are placed in safekeeping 

at a depository bank to satisfy a foreign 

bank’s CED requirement must be 

maintained pursuant to an agreement 

prescribed by the OCC that shall be a 

written agreement entered into with the 

OCC. Section 28.15(f) further provides 

that each Federal branch or agency shall 

maintain a capital equivalency account 

and keep records of the amount of 

liabilities requiring capital equivalency 

coverage in a manner and form 

prescribed by the OCC. Finally, under 

§ 28.15(d)(1), a foreign bank’s CED may 

not be reduced in value below the 

minimum required for that branch or 

agency without the prior approval of the 

OCC, but in no event may the value fall 

below the statutory minimum. 

12 CFR 28.16(c) Deposit-Taking by an 

Uninsured Federal Branch— 

Application for an Exemption 

A foreign bank may apply to the OCC 

for an exemption to permit an 

uninsured Federal branch to accept or 

maintain deposit accounts that are not 

listed in § 28.16(b). The request should 

describe the types, sources, and 

estimated amount of such deposits and 

explain why the OCC should grant an 

exemption, and how the exemption 

maintains and furthers the policies 

described in § 28.16(a). 

12 CFR 28.16(d) Deposit-Taking by an 

Uninsured Federal Branch— 

Aggregation of Deposits 

A foreign bank that has more than one 

Federal branch in the same state may 

aggregate deposits in all of its Federal 

branches in that state, but exclude 

deposits of other branches, agencies, or 

wholly owned subsidiaries of the bank. 

The Federal branch shall compute the 

average amount by using the sum of 

deposits as of the close of business of 

the last 30 calendar days ending with, 

and including, the last day of the 

calendar quarter, divided by 30. The 

Federal branch shall maintain records of 

the calculation until its next 

examination by the OCC. 

12 CFR 28.18(c)(1) Recordkeeping and 

Reporting—Maintenance of Accounts, 

Books, and Records 

Each Federal branch or agency shall 

maintain a set of accounts and records 

reflecting its transactions that are 

separate from those of the foreign bank 

and any other branch or agency. The 

Federal branch or agency shall keep a 

set of accounts and records in English 

sufficient to permit the OCC to examine 

the condition of the Federal branch or 

agency and its compliance with 

applicable laws and regulations. 

12 CFR 28.20(a)(1) Maintenance of 

Assets—General Rule 

The OCC may require a foreign bank 

to hold certain assets in the state in 

which its Federal branch or agency is 

located. 

12 CFR 28.22(e) Voluntary 

Liquidation—Reports of Examination 

The Federal branch or agency shall 

send the OCC certification that all of its 

Reports of Examination have been 

destroyed or return its Reports of 

Examination to the OCC. 

Estimated Burden: $296,843.60. 

Estimated Frequency of Response: On 

occasion. 

Estimated Number of Respondents: 

52. 

Estimated Total Annual Burden: 

2,294 hours. 

Comments: On August 23, 2024, the 

OCC published a 60-day notice for this 

information collection, (89 FR 68240). 

No comments were received. 

Comments continue to be invited on: 

(a) Whether the collection of 

information is necessary for the proper 

performance of the functions of the 

OCC, including whether the information 

has practical utility; 

(b) The accuracy of the OCC’s 

estimate of the burden of the collection 

of information; 

(c) Ways to enhance the quality, 

utility, and clarity of the information to 

be collected; 

(d) Ways to minimize the burden of 

the collection on respondents, including 

through the use of automated collection 

techniques or other forms of information 

technology; and 

(e) Estimates of capital or start-up 

costs and costs of operation, 

maintenance, and purchase of services 

to provide information. 

Patrick T. Tierney, 

Assistant Director, Office of the Comptroller 

of the Currency. 

[FR Doc. 2024–25031 Filed 10–28–24; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF THE TREASURY 

Office of Foreign Assets Control 

Notice of OFAC Sanctions Action 

AGENCY: Office of Foreign Assets 

Control, Treasury. 

ACTION: Notice. 

SUMMARY: The U.S. Department of the 

Treasury’s Office of Foreign Assets 

Control (OFAC) is publishing the 

removal of a person currently on 

OFAC’s Specially Designated Nationals 

and Blocked Persons List (SDN 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 is unblocked, and U.S. 

persons are permitted to engage in 

lawful transactions with them. 

DATES: This action was issued on 

October 23, 2024. See SUPPLEMENTARY

INFORMATION for relevant dates. 

FOR FURTHER INFORMATION CONTACT: 

OFAC: Associate Director for Global 

Targeting, 202–622–2420; or Assistant 

Director for Sanctions Compliance, 202– 

622–2490 or https://ofac.treasury.gov/ 

contact-ofac. 

SUPPLEMENTARY INFORMATION: 


khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 89, No. 209 / Tuesday, October 29, 2024 / Notices 86083 

Electronic Availability 

The SDN List and additional 

information concerning OFAC sanctions 

programs are available on OFAC’s 

website: https://ofac.treasury.gov. 

Notice of OFAC Action 

On October 23, 2024, OFAC removed 

from the SDN List the person listed 

below, who was subject to prohibitions 

imposed pursuant to E.O. 13661. 

Individual 

1. SEMENOVA, Olena Yurevna (a.k.a. 

SEMENOVA, Elena Iurevna); DOB 06 Dec 

1978; citizen Ukraine; Secondary sanctions 

risk: Ukraine-/Russia-Related Sanctions 

Regulations, 31 CFR 589.201 and/or 589.209; 

Passport ER747251 (Ukraine); National ID 

No. 2882908207 (Ukraine) (individual) 

[UKRAINE–EO13661]. 

Lisa M. Palluconi, 

Acting Director, Office of Foreign Assets 

Control. 

[FR Doc. 2024–25068 Filed 10–28–24; 8:45 am] 

BILLING CODE 4810–AL–P 

DEPARTMENT OF THE TREASURY 

Office of Foreign Assets Control 

Notice of OFAC Sanctions Action 

AGENCY: Office of Foreign Assets 

Control, Treasury. 

ACTION: Notice. 

SUMMARY: The U.S. Department of the 

Treasury’s Office of Foreign Assets 

Control (OFAC) is publishing the names 

of one or more persons that have been 

placed on OFAC’s Specially Designated 

Nationals and Blocked Persons List 

(SDN 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: This action was issued on 

October 24, 2024. See SUPPLEMENTARY

INFORMATION section for relevant date(s). 

FOR FURTHER INFORMATION CONTACT: 

OFAC: Associate Director for Global 

Targeting, 202–622–2420; or Assistant 

Director for Sanctions Compliance, 202– 

622–2490 or https://ofac.treasury.gov/ 

contact-ofac. 

SUPPLEMENTARY INFORMATION: 

Electronic Availability 

The SDN List and additional 

information concerning OFAC sanctions 

programs are available on OFAC’s 

website: https://ofac.treasury.gov. 

Notice of OFAC Action 

On October 24, 2024, OFAC 

determined that the property and 

interests in property subject to U.S. 

jurisdiction of the following person is 

blocked under the relevant sanctions 

authority listed below. 

Lisa M. Palluconi, 

Acting Director, Office of Foreign Assets 

Control. 

[FR Doc. 2024–25121 Filed 10–28–24; 8:45 am] 

BILLING CODE 4810–AL–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Quarterly Publication of Individuals, 

Who Have Chosen To Expatriate 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Notice. 

SUMMARY: This notice is provided in 

accordance with IRC section 6039G of 

the Health Insurance Portability and 

Accountability Act (HIPAA) of 1996, as 

amended. This listing contains the name 

of each individual losing United States 

citizenship (within the meaning of 

section 877(a) or 877A) with respect to 

whom the Secretary received 

information during the quarter ending 

September 30, 2024. For purposes of 

this listing, long-term residents, as 

defined in section 877(e)(2), are treated 

as if they were citizens of the United 

States who lost citizenship. 

SUPPLEMENTARY INFORMATION: 


khammond on DSKJM1Z7X2PROD with NOTICESEN29OC24.011</GPH>

Individual 

SULEIMAN, Mirghani Idris (a.k.a. !DRIES, Margani !dries Suliman (Arabic: 

(Yl:!_.).:il w4!L (Yl:!_.).:il ~..»'I); a.k.a. IDRIS, Al-Mirghani; a.k.a. SULEIMAN, El 

Mirghani Idris; a.k.a. SULEIMAN, Mirghani Idriss), H 22 B 7, Northern Elsafia, 

Bahri, Khartoum, Sudan; DOB 28 Dec 1959; POB Bahri, Khartoum, Sudan; 

nationality Sudan; Gender Male; Passport B00018824 (Sudan) expires 09 May 

2023 (individual) [SUDAN-EO14098]. 

Designated pursuant to section l(a)(ii)(A) of Executive Order 14098 of May 4, 

2023, "Imposing Sanctions Certain Persons Destabilizing Sudan and 

Undermining the Goal of a Democratic Transition," for being a foreign person 

who is or has been a leader, official, senior executive officer, or member of the 

board of directors of the Rapid Support Forces, an entity that has, or whose 

members have, been responsible for, or complicit in, or to have directly or 

indirectly engaged or attempted to engage in actions or policies that threaten the 

peace, security, or stability of Sudan, relating to the tenure of such leader, official, 

senior executive officer, or member of the board of directors.