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Inactive Financial Institution Letters 

Foreign Assets Control Act

FIL-72-99
July 8, 1999

 

TO: CHIEF EXECUTIVE OFFICER
SUBJECT: Specially Designated Nationals and Blocked Persons

On June 17, 1999, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) updated its listing of Specially Designated Nationals and Blocked Persons to include new entries for the regime in Belgrade under the sanctions program involving Kosovo. On June 25, 1999, OFAC again updated its listing of Specially Designated Nationals and Blocked Persons to include additional names under its Kosovo program and to add more names to the list of Specially Designated Terrorists.

Attached is a supplemental list from OFAC containing all changes to the list of Specially Designated Nationals and Blocked Persons since January 1, 1999. OFAC has asked that we distribute the update to all FDIC-regulated institutions so records can be checked for accounts that are required to be blocked. OFAC information also may be found on the Internet at http://www.treas.gov/offices/enforcement/ofac/.

Please distribute this information to the appropriate personnel in your institution. For further information about Executive Orders, the list of blocked accounts, or the procedures to block accounts, please call OFAC's Compliance Programs Division at 1-800-540-6322. For your reference, all FDIC Financial Institution Letters published since January of 1995 may be found on the FDIC's Web site at www.fdic.gov under the "Banking News" category.

James L. Sexton
Director

 

Attachment: (Can be accessed from http://www.treas.gov/offices/enforcement/ofac/)

Distribution: FDIC-Supervised Banks (Commercial and Savings)

NOTE: Paper copies of FDIC financial institutions letters may be obtained through the FDIC's Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (800-276-6003 or (703) 562-2200).

Last Updated 07/17/1999 communications@fdic.gov