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Inactive Financial Institution Letters


FOREIGN ASSETS CONTROL ACT

FIL-97-2001
November 13, 2001

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

On November 7, 2001, the Department of the Treasury's Office of Foreign Assets Control (OFAC) amended its listing of specially designated nationals and blocked persons by adding a significant number of terrorist organizations and individuals, including certain money transmitters and others in the United States. Their assets must be blocked immediately.

Attached is information from OFAC containing the additions. Also attached is information from OFAC containing all changes to the list of Specially Designated Nationals and Blocked Persons since January 1, 2001. OFAC has asked that we distribute the information to all FDIC-supervised institutions so records can be checked for accounts that are required to be blocked. OFAC information also may be found on the Internet at 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 "Newsroom, Events & FOIA." To learn how to automatically receive FDIC Financial Institution Letters through e-mail, please visit http://www.fdic.gov/news/news/announcements/index.html.



Michael J. Zamorski
Acting Director

Attachments:
A Bulletin from the Office of Foreign Assets Control
Changes to List of Specially Designated Nationals and Blocked Persons
(PDF 1.10 KB File - PDF Help or Hard Copy)

Distribution: FDIC-Supervised Banks (Commercial and Savings)

NOTE: Paper copies of FDIC financial institution 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 11/13/2001 communications@fdic.gov