On May 22, 2003, the Department of the Treasury's Office of Foreign Assets Control (OFAC) made available in the Interpretative Rulings area of its Web site guidance entitled "Facilitation of non-commercial humanitarian funds transfers (Iraq)," and assigned Ruling Number 030521-FACRL-IQ-01 to it. A copy of the guidance is attached. Additional information concerning OFAC-related issues may be found on the Internet at https://home.treasury.gov/policy-issues/office-of-foreign-assets-control-sanctions-programs-and-information . Please distribute this information to the appropriate personnel in your institution. For further information about Executive Orders or control regulations, please call OFAC's Compliance Programs Division at 1-800-540-6322. For your reference, FDIC Financial Institution Letters may be accessed from the FDIC's Web site at www.fdic.gov/news/financial-institution-letters/2003/index.html . To learn how to automatically receive FDIC Financial Institution Letters through e-mail, please visit http://www.fdic.gov/news/news/announcements/index.html .
Attachment: IRAQI SanctionsRegulations (31 CFR Part 575) PDF (22 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 (1-877-275-3342, option 5, or (703) 562-2200). |
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