| TO: | CHIEF EXECUTIVE OFFICER (also of interest to BSA Officer) |
| SUBJECT: | General License Issued Under Libyan Sanctions Regulations, and Specially Designated Nationals and Blocked Persons |
| Summary: | The Department of the Treasury's Office of Foreign Assets Control has issued a general license under the Libyan sanctions regulations and it has removed an address from the Specially Designated Nationals List. |
On February 25, 2004, the Department of the Treasury's Office of Foreign Assets Control (OFAC) issued a general license under the Libyan sanctions regulations, which addresses travel and residence transactions for persons traveling to, from and within Libya. A copy of the general license is attached.
In the same issuance, OFAC also removed the address related to the following persons:
"Lembaga Pelayanan Pesantren & Studi Islam, Jalan Jati Padang II, No. 18-A, Jakarta Selatan 12540 Indonesia" will be removed from the "AL-HARAMAIN: Indonesia Branch" [SDGT] entry and its a.k.a. entries with the next SDN list update.
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/2004/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
Division of Supervision and Consumer Protection
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 or (703) 562-2200).