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Inactive Financial Institution Letters 

Foreign Assets Control Act
FIL-37-96
June 10, 1996
TO: CHIEF EXECUTIVE OFFICER
SUBJECT: Suspended Sanctions

The Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced that effective May 10, 1996, sanctions were suspended against Bosnian Serb Forces and authorities, as well as areas of the Republic of Bosnia and Herzegovina controlled by them. As a result, transactions with entities that are listed with "[SRBH]" on OFAC's alphabetical master list of specially designated nationals and blocked persons need no longer be interdicted, and U. S. persons are now free to deal with the named individuals. Property and interests in property blocked before May 10, 1996, must, however, remain blocked except as authorized by OFAC.

For further information, please call OFAC at 1-800-540-6322.

Nicholas J. Ketcha Jr.
Director

Distribution: FDIC-Supervised Banks (Commercial and Savings)

Last Updated 07/13/1999 communications@fdic.gov