Submissions will provide the U.S. Government with information to be used in enforcing various economic sanctions programs administered by OFAC under 31 CFR Chapter V.
US Code:
50 USC 1701-1706
Name of Law: International Emergency Economic Powers Act
US Code:
22 USC 287c
Name of Law: United Nations Participation Act of 1945
US Code:
50 USC 4301
Name of Law: Trading with the Enemy Act
TD F 93.10, TD-F 90-22.54, TD-F 93.08, TD F 90-22.50, TD F 93.04, TD F 98-22.61, TD F 93.07, TD F 93.02, TD-F 93.09
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table that charts list of burden
Total Approved
Previously Approved
Change Due to New Statute
Change Due to Agency Discretion
Change Due to Adjustment in Estimate
Change Due to Potential Violation of the PRA
Annual Number of Responses
2,503,008
2,502,086
0
461
461
0
Annual Time Burden (Hours)
87,209
86,106
0
552
551
0
Annual Cost Burden (Dollars)
0
0
0
0
0
0
Yes
Miscellaneous Actions
No
OFAC is seeking to add a new electronic Sanctions Reconsideration Portal information collection contained within § 501.807 of OFACâs Reporting, Procedures and Penalties Regulations. Section 501.807 sets forth the procedures to be followed by a person seeking administrative reconsideration of the listing of a person or property (e.g., a vessel) on OFACâs Specially Designated Nationals and Blocked Persons List (SDN List) or any other list or identification of sanctioned persons or property maintained by OFAC. OFAC is seeking approval of this new electronic Sanctions Reconsideration Portal that would gather specific information from the petitioner and provide a more efficient process for collecting and reviewing applications for reconsideration. OFAC expects that the review of a delisting petition application if submitted via the portal would reduce the average time for both the applicant to submit the report and for OFAC to process the report. Petitioner use of the Sanctions Reconsideration Portal will be voluntary but strongly encouraged.
OFAC is also incorporating into this collection the name of the recently approved Unblocking/Transfer Report Form, TD-F 93.10, and the updated burden associated with increasing use of this new form. OFAC is not currently making any other changes to other collections or other forms associated with this control number.
Overall, the estimated number of total responses in this information collection has increased given the addition of the Sanctions Reconsideration Portal and the increase in use of the Unblocking/Transfer Report form. Overall, the burden for the entire information collection has increased slightly due to the incorporation of the new Sanctions Reconsideration Portal and the additional Unblocking/Transfer Report forms, but the electronic portal and the new form will lead to time and cost savings for both petitioners and the government over time.
OFAC continues to work on streamlining the reporting process, and to update its technologies to assist submitters in the reporting process with a view toward reduction of the overall burden on submitters of required reports. For example, the creation of a formal Unblocking/Transfer Report Form has helped streamline reporting in this area. The electronic Sanctions Reconsideration Portal should also make it more efficient to submit and process delisting petitions moving forward.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Reporting, Procedures and Penalties Regulations