Federal Register/Vol. 89, No. 62/Friday, March 29, 2024/Notices

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electronic Consent Based SSN

Verification (eCBSV) program, which

typically requires customer consent

prior to accessing this program, how

would banks be able to use the eCBSV

program if banks no longer obtained the

full SSN from the customer?

4. Regarding current practices by

parties not subject to the CIP Rule’s SSN

collection requirement (i.e., non-banks)

when using third-party sources for SSN

collection:

a. What are the risks and benefits of

using a third-party source for SSN

collection?

b. What minimum due diligence

processes does a non-bank typically

conduct before contracting with a third-

party source for SSN collection? How do

non-banks review and assess the

capability, quality, and performance of

the third-party source, including the

accuracy and reliability of the full SSN

collected by the third-party source?

c. What ongoing due diligence and

monitoring do non-banks conduct on

the third-party source? How frequently

is ongoing due diligence conducted?

d. What measures do non-banks have

in place to verify the accuracy of a full

SSN retrieved from a third-party source?

e. How do non-banks ensure the

privacy and security of customer data

when using a third-party source for SSN

collection?

f. What authoritative or private sector

third-party sources are generally used

for obtaining SSNs?

g. What, if any, limitations and/or

shortcomings have been identified in

third-party sources used to obtain SSN

information?

h. What is the typical timeframe from

when a customer enters their partial TIN

to the non-bank receiving the full SSN

from the third-party source?

i. What types of processes or strategies

may be employed by third-party sources

to manage high volume and/or time-

sensitive SSN collection requests?

j. How frequently do customers fail

the third-party SSN collection? What

process(es) can be applied in such

instances?

k. Have there been expected or

observed differences in the rate of fraud

or suspicious activity when non-banks

using a partial SSN collection process

versus full SSN collection directly from

a customer?

l. How frequently does the partial

SSN provided by a customer match to

more than one individual when

submitted to a third-party source? What

additional steps are taken in such a

case?

m. When the customer provides a

partial SSN, is the customer notified

that the remaining digits of their SSN

will be obtained from a third-party

source? Are there instances when non-

banks may display a full SSN to a

customer who provided a partial SSN?

How would non-banks address and

mitigate identity theft-related risks in

those instances?

5. Provide any publicly available

studies or data points that demonstrate:

a. Customer behavior in seeking or

avoiding access to financial products or

services based on risks associated with

a customer providing a full SSN,

whether perceived or actual.

b. Accuracy and reliability of third-

party sources from which SSN

information could be acquired.

c. Impact on financial crime or other

illicit finance activity risks when a

customer is not required to provide a

full SSN.

d. The benefits and risks for non-

banks (e.g., employers, retailers,

financial service providers, and

government agencies) and third-party

service providers in obtaining a partial

SSN from the customer and then using

a third-party source to obtain the

customer’s full SSN.

6. Regarding current CIP practices of

all financial institutions, both banks and

non-banks:

a. What risks have been identified

with the SSN collection requirement,

and how have those risks been

mitigated?

b. Do financial institutions use a

combination of documentary and non-

documentary methods to verify the

identity of its customers, or do financial

institutions rely solely on one of the two

methods?

i. For financial institutions that do not

rely on a combination of both methods,

what is the rationale?

ii. For financial institutions that rely

solely on non-documentary methods,

what is the rationale and what

information is collected to form a

reasonable belief that it knows the true

identity of the customer?

c. What are the variations to TIN

collection and verification practices

used by financial institutions?

d. Other than processes related to TIN

collection and verification, what other

means are used by financial institutions

to collect and verify customer

identifying information?

e. Describe the processes and

technologies used by financial

institutions when obtaining and

verifying partial and/or full customer

identifying information as it pertains to

various delivery channels (such as

telephonic, mobile, and point-of-sale).

f. Describe similarities and differences

in the collection and verification

practices by financial institutions

between individuals who provide SSNs

and legal entities that provide Employer

Identification Numbers.

7. What are the competitive

advantages and disadvantages between

banks that are required to collect the full

SSN from the customer and those non-

banks that collect a partial SSN from the

customer and then use a third-party

source to obtain the customer’s full

SSN?

8. What types of products/services are

impacted by differing regulatory

requirements related to SSN collection?

Andrea M. Gacki,

Director, Financial Crimes Enforcement

Network.

[FR Doc. 2024–06763 Filed 3–28–24; 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, 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

: See

SUPPLEMENTARY INFORMATION

section for applicable dates.

FOR FURTHER INFORMATION CONTACT

OFAC: Bradley T. Smith, Director, tel.:

202–622–2490; 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 the Assistant Director Compliance,

tel.: 202–622–2490.

SUPPLEMENTARY INFORMATION

Electronic Availability

The SDN List and additional

information concerning OFAC sanctions

programs are available on OFAC’s

website (https://www.treasury.gov/ofac).

Notice of OFAC Action(s)

On March 26, 2024, OFAC

determined that the property and

interests in property subject to U.S.

jurisdiction of the following persons are

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blocked under the relevant sanctions

authorities listed below.

BILLING CODE 4810–AL–P

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khammond on DSKJM1Z7X2PROD with NOTICES

Individuals

AL-MINALA, Muhammad 'Ali, Damascus, Syria; DOB

Jun 1985; POB Damascus,

Syria; nationality Syria; Gender Male (individual) [SYRIA] (Linked

To:

CENTRAL

BANK OF SYRIA).

Designated pursuant to Section l(b)(ii) ofE.O. 13582

August

17,

2011, "Blocking

Property

the Government

Syria and Prohibiting Certain Transactions With Respect

to Syria" (E.O. 13582), 76

52209, 3 CFR 2011 Comp.,

264, for being owned or

controlled by, or having acted or purported to act for or

behalf of, directly or

indirectly, the CENTRAL BANK OF SYRIA, a person whose property and interests in

property are blocked pursuant to E.O. 13582.

MAKAROV, Aleksey (a.k.a. MAKAROV, Alexey), Russia; DOB 06 Aug 1974;

nationality Russia; Gender Male; Passport 753533725 (Russia) expires

Aug 2026

(individual) [SYRIA] [SYRIA-CAESAR] (Linked

To:

CENTRAL BANK OF SYRIA).

Designated pursuant to Section

l(b

)(i) ofE.O. 13582 for having materially assisted,

sponsored, or provided financial, material, or technological support for, or goods or

services to or in support of, the CENTRAL BANK OF SYRIA, a person who property

and interests in property are blocked pursuant to E.O. 13582.

Also designated pursuant to Section 7412(a)(2)(A)(i)

the Caesar Act, for being a

foreign person that knowingly provides significant financial, material, or technological

support to, or knowingly engages in a significant transaction with the GOVERNMENT

OF SYRIA (including any entity owned or controlled by the GOVERNMENT OF

SYRIA).

DAVID, Yafi (Arabic:

~.:i

~L:!)

(a.k.a. YAFEE, Daoud), United Arab Emirates; DOB

Aug 1969; POB Syria; nationality Ukraine; Gender Male; Passport FE550041 (Ukraine)

expires

Jun 2026; Identification Number 121619695 (Oman) (individual) [SYRIA]

(Linked

To:

GRAINS MIDDLE EAST TRADING DWC-LLC).

Designated pursuant to section

l(b

)(ii)

E.O. 13582 for being owned or controlled by,

or having acted or purported to act for or on behalf of, directly or indirectly, GRAINS

MIDDLE EAST TRADING DWC-LLC, a person whose property and interests in

property are blocked pursuant to E.O. 13582.

AL-DJ, Mahmoud Abdulilah (a.k.a. AL-DAJ, Mahmoud Abdul-ilah; a.k.a. AL-DJ,

Mahmoud (Arabic:

~.:ill

~);

a.k.a. DAJ, Mahmoud Abdul-ilah; a.k.a. DAJJ, Mahmud

Abdulilah), Syria; DOB 26 Jul 1983; POB Tell Rifaat, Aleppo, Syria; nationality Syria;

Gender Male (individual) [SYRIA].

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khammond on DSKJM1Z7X2PROD with NOTICES

Designated pursuant to Section

l(b

)(i) ofE.O. 13582 for having materially assisted,

sponsored, or provided financial, material, or technological support for,

goods or

services to or in support of, GOVERNMENT OF SYRIA, a person whose property and

interests in property are blocked pursuant to E.O. 13582.

AL-KAY ALI, Taber (a.k.a. CAIALI, Taer; a.k.a. KAY ALI, Taber (Arabic:

j'-:!S

y\U.);

a.k.a.

KAY

ALI, Taber Abdel Karim), Syria; DOB

Jul 1960; POB Aleppo, Syria;

nationality Syria; Gender Male; National ID No. 02010229257 (Syria) (individual)

[SYRIA].

Designated pursuant to Section l(b)(i) ofE.O. 13582 for having materially assisted,

sponsored, or provided financial, material, or technological support for,

goods or

services to or in support of, GOVERNMENT OF SYRIA, a person who property and

interests in property are blocked pursuant to E.O. 13582.

Entities

MAY A EXCHANGE COMP ANY (Arabic:

~1_;.--:JJ

L;L.

(a.k.a. MAY A FOR

EXCHANGE AND INTERNATIONAL HAW ALAS), Ground Floor, Property Number

17/9/2230, Baqi Zadeh Building, Fardus Street, Salhiyah, Damascus, Syria; First Real

Estate Zone, Property Number 936, Section

Ground Floor, Haju Building, Abd al-

Hamid al-Durubi Street, Homs, Syria; Tartus Real Estate Zone, Section

Property

Number 3881, Revolution Street, Al-Baraniyah, Tartus, Syria; Ground Floor, Second

Real Estate Zone, Sections 7-9, Property 2533, Aziziyab Falls, Baghdad Station, Aleppo,

Syria; Organization Type: Other monetary intermediation [SYRIA] [SYRIA-CAESAR]

(Linked

To:

CENTRAL BANK OF SYRIA).

Designated pursuant to Section l(b)(i) ofE.O. 13582 for having materially assisted,

sponsored, or provided financial, material, or technological support for,

goods or

services to or in support of, CENTRAL BANK OF SYRIA, a person who property and

interests in property are blocked pursuant to E.O. 13582.

Also designated pursuant to Section 7412(a)(2)(A)(i)

the Caesar Act, for being a

foreign person that knowingly provides significant financial, material, or technological

support to, or knowingly engages in a significant transaction with the GOVERNMENT

OF SYRIA (including any entity owned or controlled by the GOVERNMENT OF

SYRIA).

GRAINS MIDDLE EAST TRADING DWC-LLC (Arabic:

f"·f"-~.J,

<r'

~..1

'-i..1

;.J4,..:ill.h.,,,}il

J~I

Ji:!.?.-),

Building

Office 213 Dubai World Central

Business Park, Dubai, United Arab Emirates; Office 1705, Lake Central Tower, Business

Bay, Dubai, United Arab Emirates; Office 426, A5 Building, Dubai World Central,

Dubai, United Arab Emirates; Bahnhofstrasse 29, Zug 6300, Switzerland; Bahnhofstrasse

21, Zug 6300, Switzerland; Website https://grains-middleeast.com; Organization

Established Date

Jul 2019; alt. Organization Established Date

May 2022; Company

Number CHE-390.605.414 (Switzerland); Business Registration Number 9245 (United

Arab Emirates); Registration Number CH-170.9.002.230-0 (Switzerland); Economic

[SYRIA] (Linked To:

LIMITED LIABILITY COMP ANY STG LOGISTIC).

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khammond on DSKJM1Z7X2PROD with NOTICES

Designated pursuant to Section

l(b

)(i)

E.O. 13582 for having materially assisted,

sponsored, or provided financial, material, or technological support for, or goods or

services to or in support of, LIMITED LIABILITY COMP ANY STG LOGISTIC, a

person whose property and interests in property are blocked pursuant to E.O. 13582.

LIMITED LIABILITY COMPANY STG LOGISTIC (Cyrillic:

Oo~CTBO

OrPAHWIEHHOH OTBETCTBEHHOCThlO

CTr

JIOTiiCTMK) (a.k.a.

000

STG

LOGISTIK; a.k.a. STG STROYTRANSGAZ LOGISTIC; a.k.a. "STG LOGISTIC"),

Universitetsky Ave, Moscow 119330, Russia; Damascus, Syria; Organization Established

Date 04 Sep 2009; Tax ID No. 5027148148 (Russia); Registration Number

1095027004236 (Russia) [SYRIA] [SYRIA-CAESAR].

Designated pursuant to Section

l(b

)(i)

E.O. 13582 for having materially assisted,

sponsored, or provided financial, material, or technological support for, or goods or

services to or in support of, GOVERNMENT OF SYRIA, a person who property and

interests in property are blocked pursuant to E.O. 13582.

Also designated pursuant to Section 7412(a)(2)(A)(i)

the Caesar Act, for being a

foreign person that knowingly provides significant financial, material, or technological

support to, or knowingly engages in a significant transaction with the GOVERNMENT

OF SYRIA (including any entity owned or controlled by the GOVERNMENT OF

SYRIA).

AL-TA'IR COMPANY (Arabic:

_»WI

4-S~), Damascus, Syria; Organization Established

Date

Dec 2012; Organization Type: Transportation and storage [SYRIA] (Linked To:

AL-DJ, Mahmoud Abdulilah).

Designated pursuant to Section

l(b

)(ii) ofE.O. 13582 for being owned or controlled by,

or having acted or purported to act for or on behalf of, directly or indirectly,

MAHMOUD ABDULILAH AL-DJ, a person whose property and interests in property

are blocked pursuant to E.O. 13582.

FREEBIRD TRAVEL AND TOURISM (a.k.a. AL-TAIR AL-HUR (Arabic:

_p-11

_»bll);

a.k.a. FREE BIRD COMP ANY), Maysaloon Street, Al Muhandiseen Building Floor No.

12,

Damascus, Syria; Hour al-Enz al-Mammzar Center, Second Floor, Office

12,

Dubai,

United Arab Emirates; Athens, Greece; Organization Established Date 2022;

Organization Type: Travel agency activities [SYRIA] (Linked

To:

AL-DJ, Mahmoud

Abdulilah).

Designated pursuant to Section

l(b

)(ii) ofE.O. 13582 for being owned or controlled by,

or having acted or purported to act for or on behalf of, directly or indirectly,

MAHMOUD ABDULILAH AL-DJ, a person whose property and interests in property

are blocked pursuant to E.O. 13582.

NEPTUNUS LLC (a.k.a. NEPTUNUS CO LTD), 653/38 Baghdad Street, Lattakia,

Syria; Organization Established Date 2017; Business Registration Number 6068911

(Syria) [SYRIA] (Linked To: AL-KAYALI, Taher).

Designated pursuant to Section

l(b

)(ii) ofE.O. 13582 for being owned or controlled by,

or having acted or purported to act for or on behalf of, directly or indirectly, TAHER AL-

22238

Federal Register / Vol. 89, No. 62 / Friday, March 29, 2024 / Notices

Dated: March 26, 2024.

Bradley T. Smith,

Director, Office of Foreign Assets Control,

U.S. Department of the Treasury.

[FR Doc. 2024–06728 Filed 3–28–24; 8:45 am]

BILLING CODE 4810–AL–C

DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

Notice of OFAC Sanctions Actions

AGENCY

: Office of Foreign Assets

Control, Treasury.

ACTION

: Notice.

SUMMARY

: The Department of the

Treasury’s Office of Foreign Assets

Control (OFAC) is publishing the names

of seven persons and two vessels 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 and these vessels 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: Bradley Smith, Director, tel.:

202–622–2490; 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 Compliance, tel.:

202–622–2490.

SUPPLEMENTARY INFORMATION

Electronic Availability

The SDN List and additional

information concerning OFAC sanctions

programs are available on OFAC’s

website (https://www.treasury.gov/ofac).

Notice of OFAC Action(s)

On March 26, 2024, OFAC

determined that the property and

interests in property subject to U.S.

jurisdiction of the following persons

and the following vessels subject to U.S.

jurisdiction are blocked under the

relevant sanctions authority listed

below.

BILLING CODE 4810–AL–P

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KAY

ALI, a person whose property and interests in property are blocked pursuant to E.O.

13582.