2024-04-18 | 2024-08366Added · Updated
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) publishes Directive 1 under Executive Order 14014, which prohibits U.S. persons from providing, exporting, or reexporting financial services to or for the benefit of the Myanma Oil and Gas Enterprise (MOGE). This prohibition, effective December 15, 2023, applies unless licensed or otherwise authorized by OFAC. The directive also prohibits any transaction that evades or avoids these prohibitions or any conspiracy to violate them.
Source: Office of Foreign Assets Control — original document
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show the type of work you may be expected to do. Work you have already been able to do shows the kind of work that you may be expected to do. We consider that your work experience applies when it was done within the last five years, lasted long enough for you to learn to do it, and was substantial gainful activity. We do not usually consider that work you did more than five years before the time we are deciding whether you are disabled applies. A gradual change occurs in most jobs so that after five years it is no longer realistic to expect that skills and abilities acquired in a job done then continue to apply. If you have no work experience or you did work that started and stopped in a period of fewer than 30 calendar days (see § 416.960(b)(1)(ii)) during the five-year period, we generally consider that these do not apply. If you have acquired skills through your past work, we consider you to have these work skills unless you cannot use them in other skilled or semi-skilled work that you can now do. If you cannot use your skills in other skilled or semi-skilled work, we will consider your work background the same as unskilled. However, even if you have no work experience, we may consider that you are able to do unskilled work because it requires little or no judgment and can be learned in a short period of time. (b) Information about your work. Under certain circumstances, we will ask you about the work you have done in the past. If you cannot give us all of the information we need, we may try, with your permission, to get it from your employer or other person who knows about your work, such as a member of your family or a co-worker. When we need to consider your work experience to decide whether you are able to do work that is different from what you have done in the past, we will ask you to tell us about all of the jobs you have had in the last five years. You must tell us the dates you worked, all of the duties you did, and any tools, machinery, and equipment you used. We will need to know about the amount of walking, standing, sitting, lifting and carrying you did during the workday, as well as any other physical or mental duties of your job. If all of your work in the past five years has been arduous and unskilled, and you have very little education, we will ask you to tell us about all of your work from the time you first began working. This information could help you to get disability benefits. [FR Doc. 2024–08150 Filed 4–17–24; 8:45 am] BILLING CODE 4191–02–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control 31 CFR Part 525 Publication of Directive 1 Under Executive Order 14014 of February 10, 2021 AGENCY: Office of Foreign Assets Control, Treasury. ACTION: Publication of one directive. SUMMARY: The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing a Burma Sanctions Directive in the Federal Register. The Directive, issued pursuant to a February 10, 2021 Executive Order, was made available on OFAC’s website when it was issued. DATES: Directive 1 under Executive Order 14014, ‘‘Prohibitions Related to Financial Services to or for the Benefit of Myanma Oil and Gas Enterprise,’’ was issued on October 31, 2023. FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for Licensing, 202–622–2480; Assistant Director for Regulatory Affairs, 202–622–4855; or Assistant Director for Compliance, 202– 622–2490. SUPPLEMENTARY INFORMATION: Electronic Availability This document and additional information concerning OFAC are available on OFAC’s website: www.treas.gov/ofac. Background On February 10, 2021, the President, invoking the authority of, inter alia, the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.), issued Executive Order (E.O.) 14014 (86 FR 9429, February 12, 2021). In E.O. 14014, the President found the situation in and in relation to Burma, and in particular the February 1, 2021, coup, in which the military overthrew the democratically elected civilian government of Burma and unjustly arrested and detained government leaders, politicians, human rights defenders, journalists, and religious leaders, thereby rejecting the will of the people of Burma as expressed in elections held in November 2020 and undermining the country’s democratic transition and rule of law, constitutes an unusual and extraordinary threat to the national security and foreign policy of the United States and declared a national emergency to deal with that threat. Section 1 of E.O. 14014 blocks all property and interests in property that are in the United States, that hereafter come within the United States, or that are or hereafter come within the possession or control of any United States person of any foreign person determined by the Secretary of the Treasury, in consultation with the Secretary of State, to, among other things, be a political subdivision, agency, or instrumentality of the Government of Burma. On October 31, 2023, OFAC issued Directive 1 under E.O. 14014, ‘‘Prohibitions Related to Financial Services to or for the Benefit of Myanma Oil and Gas Enterprise.’’ In Directive 1, the Director of OFAC, in consultation with the Department of State, determined that the Myanma Oil and Gas Enterprise (MOGE) is a political subdivision, agency, or instrumentality of the Government of Burma, and that the following activities by a U.S. person are prohibited on or after December 15, 2023, except to the extent provided by law, or unless licensed or otherwise authorized by OFAC: The provision, exportation, or reexportation, directly or indirectly, of financial services to or for the benefit of MOGE or its property or interests in property. The text of Directive 1 under E.O. 14014 is provided below. OFFICE OF FOREIGN ASSETS CONTROL Directive 1 Under Executive Order 14014 Prohibitions Related to Financial Services to or for the Benefit of Myanma Oil and Gas Enterprise Pursuant to sections 1(a)(iv), 1(b), and 8 of Executive Order 14014, ‘‘Blocking Property With Respect to the Situation in Burma’’ (the ‘‘Order’’), the Director of the Office of Foreign Assets Control (OFAC) has determined, in consultation with the Department of State that the Myanma Oil and Gas Enterprise (MOGE) is a political subdivision, agency, or instrumentality of the Government of Burma, and that the following activities by a U.S. person are prohibited on or after December 15, 2023 except to the extent provided by law, or unless licensed or otherwise authorized by OFAC: the provision, exportation, or reexportation, directly or indirectly, of financial services to or for the benefit of MOGE or its property or interests in property. All other activities with MOGE or involving MOGE’s property or interests in property are permitted, provided such activities are not otherwise prohibited by law, the Order, or any other sanctions program implemented by OFAC. Except to the extent otherwise provided by law or unless licensed or otherwise authorized by OFAC, the following are also prohibited: (a) any transaction that evades or avoids, has the purpose of evading or avoiding, causes a violation of, or attempts to violate any of the prohibitions contained in this Directive; and (b) any conspiracy formed
to violate any of the prohibitions in this Directive. Bradley T. Smith, Director, Office of Foreign Assets Control. October 31, 2023. Bradley T. Smith, Director, Office of Foreign Assets Control. [FR Doc. 2024–08366 Filed 4–16–24; 8:45 am] BILLING CODE 4810–AL–P
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