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Office of Foreign Assets Control Specially Designated Nationals and Blocked Persons

BSA/AML, OFAC and Fraud
March 5, 2007
Summary: The Department of the Treasury's Office of Foreign Assets Control has added new entries to its Specially Designated Nationals and Blocked Persons list.

Highlights:

  • On February 16, 2007, the Department of the Treasury's Office of Foreign Assets Control (OFAC) added three new entries to its Specially Designated Nationals and Blocked Persons list, under the Proliferation of Weapons of Mass Destruction (NPWMD) category.
  • The following names have been added:
    • KALAYE ELECTRIC COMPANY (a.k.a. KALA ELECTRIC COMPANY), 33 Fifteenth (15th) Street, Seyed-Jamal-Eddin-Assad Abadi Avenue, Tehran, Iran [NPWMD]
    • KAVOSHYAR COMPANY (a.k.a. KAAVOSH YAAR; a.k.a. KAVOSHYAR), P.O. Box 19395- 1834, Tehran, Iran; Vanaq Square, Corner of Shiraz Across No. 71, Molla Sadra Ave., Tehran, Iran; No. 86, 20th St., North Karegar Ave., Tehran, Iran [NPWMD]
    • PIONEER ENERGY INDUSTRIES COMPANY (a.k.a. PISHGAM ENERGY INDUSTRIES DEVELOPMENT; a.k.a. "PEI"), P.O. Box 81465- 361, Isfahan, Iran [NPWMD]
  • 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.

Distribution:
FDIC-Supervised Banks (Commercial and Savings)

Suggested Routing:
Chief Executive Officer
BSA Compliance Officer

Note:
FDIC Financial Institution Letters (FILs) may be accessed from the FDIC's Web site at www.fdic.gov/news/financial-institution-letters/2007/index.html

To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html .

Paper copies of FDIC FILs may be obtained through the FDIC's Public Information Center, 3501 Fairfax Drive, Room E 1002, Arlington, VA 22226 (1-877-275-3342 or 703-562-2200).



Additional Related Topics:

  • Office of Foreign Assets Control
Attachment(s)

Last Updated: March 5, 2007