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Federal Register / Vol. 86, No. 59 / Tuesday, March 30, 2021 / Notices
Supporting Statement and Other Documents and then click on the link to any comment listed at the bottom of the screen.
For assistance in navigating www.reginfo.gov, please contact the Regulatory Information Service Center at 202 4827340.
FOR FURTHER INFORMATION CONTACT:
Shaquita Merritt, OCC Clearance Officer, 202 6495490, Chief Counsels Office, Office of the Comptroller of the Currency, 400 7th Street SW, Washington, DC 20219.
SUPPLEMENTARY INFORMATION: Under the PRA 44 U.S.C. 35013520, Federal agencies must obtain approval from the OMB for each collection of information that they conduct or sponsor.
Collection of information is defined in 44 U.S.C. 35023 and 5 CFR
1320.3c to include agency requests or requirements that members of the public submit reports, keep records, or provide information to a third party. The OCC
asks that OMB extend its approval of the collection in this notice.
Title: Investment Securities.
OMB Control No.: 15570205.
Description: Under 12 CFR 1.3h2, a national bank may request an OCC
determination that it may invest in an entity that is exempt from registration under section 3c1 of the Investment Company Act of 1940 2 if the portfolio of the entity consists exclusively of assets that a national bank may purchase and sell for its own account.
The OCC uses the information contained in the request as a basis for ensuring that the banks investment is consistent with its investment authority under applicable law and does not pose unacceptable risk.
Under 12 CFR 1.7b, a national bank may request OCC approval to extend the five-year holding period for securities held in satisfaction of debts previously contracted for up to an additional five years. In its request, the bank must provide a clearly convincing demonstration of why the additional holding period is needed. The OCC uses the information in the request to ensure, on a case-by-case basis, that the banks purpose in retaining the securities is not speculative and that the banks reasons for requesting the extension are adequate. The OCC also uses the information to evaluate the risks to the bank in extending the holding period, including potential effects on the banks safety and soundness.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses or other for-profit.
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U.S.C. 80a3c1.

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Estimated Number of Respondents:
25.
Estimated Total Annual Burden: 460
hours.
Frequency of Response: On occasion.
On January 12, 2021, the OCC
published a 60-day notice for this information collection, 86 FR 2491. 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 OCCs 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.
Theodore J. Dowd, Deputy Chief Counsel, Office of the Comptroller of the Currency.
FR Doc. 202106469 Filed 32921; 8:45 am BILLING CODE 481033P

DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control Notice of OFAC Sanctions Action Office of Foreign Assets Control, Treasury.
ACTION: Notice.
AGENCY:

The U.S. Department of the Treasurys Office of Foreign Assets Control OFAC is publishing the names of one or more persons that have been placed on OFACs Specially Designated Nationals and Blocked Persons List SDN List based on OFACs 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 effective dates.
FOR FURTHER INFORMATION CONTACT:
OFAC: Andrea Gacki, Director, tel.:
2026222490; Associate Director for Global Targeting, tel.: 2026222420;
Assistant Director for Sanctions Compliance & Evaluation, tel.: 202622
SUMMARY:

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2490; Assistant Director for Licensing, tel.: 2026222480; or Assistant Director for Regulatory Affairs, tel.: 202622
4855.
SUPPLEMENTARY INFORMATION:

Electronic Availability The Specially Designated Nationals and Blocked Persons List and additional information concerning OFAC sanctions programs are available on OFACs website https www.treasury.gov/ofac.
Notice of OFAC Actions On March 25, 2021, OFAC
determined that the property and interests in property subject to U.S.
jurisdiction of the following persons are blocked under the relevant sanctions authority listed below.
Entities:
1. MYANMAR ECONOMIC
CORPORATION LIMITED a.k.a. MYANMAR
ECONOMIC CORPORATION; a.k.a. MEC, Corner of Ahlone Road & Kannar Road, Ahlone Township, Rangoon, Burma;
Registration Number 105444192 Burma BURMAEO14014.
Designated pursuant to section 1avii of Executive Order of February 10, 2021, Blocking Property With Respect to the Situation in Burma the Order for being a foreign person that is owned or controlled by, or has acted or purported to act for or on behalf of, directly or indirectly, the military or security forces of Burma or any person whose property and interests in property are blocked pursuant to the Order.
2. MYANMA ECONOMIC HOLDINGS
PUBLIC COMPANY LIMITED a.k.a.
MYANMAR ECONOMIC HOLDING
LIMITED; a.k.a. MEHL, 51Mahabandoola Road 189/191, Botataung, Rangoon 11161, Burma; Registration Number 156387282
Burma BURMAEO14014.
Designated pursuant to section 1avii of the Order for being a foreign person that is owned or controlled by, or has acted or purported to act for or on behalf of, directly or indirectly, the military or security forces of Burma or any person whose property and interests in property are blocked pursuant to the Order.
Dated: March 25, 2021.
Bradley T. Smith, Acting Director, Office of Foreign Assets Control, U.S. Department of the Treasury.
FR Doc. 202106486 Filed 32921; 8:45 am BILLING CODE 4810ALP

DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control Notice of OFAC Sanctions Action Office of Foreign Assets Control, Treasury.
ACTION: Notice.
AGENCY:

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