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FOREIGN ASSETS CONTROL ACT

BSA/AML, OFAC and Fraud
August 18, 2003


TO: CHIEF EXECUTIVE OFFICER (also of interest to BSA Compliance Officer)
SUBJECT: Specially Designated Nationals and Blocked Persons
Summary: The Department of the Treasury's Office of Foreign Assets Control has added the names of one corporation and two individuals to its list of Specially Designated Nationals and Blocked Persons.

On August 8, 2003, the Department of the Treasury's Office of Foreign Assets Control (OFAC) added the names of one corporation to its list of Specially Designated Narcotics Traffickers (SDNTs) and two Russian (Chechen) individuals to its list of Specially Designated Global Terrorists (SDGTs). The new SDNT and SDGTs have been added to OFAC's updated Specially Designated Nationals and Blocked Persons list. See the attachment for details.

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 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, 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, 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 .

Michael J. Zamorski
Director

Attachment

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).

Last Updated 4/6/2009 communications@fdic.gov

Last Updated: August 18, 2003