TO:	CHIEF EXECUTIVE OFFICER
SUBJECT:	Blocking of Accounts Associated with Narcotics Traffickers

The Department of the Treasury's Office of Foreign Assets Control (OFAC) recently added individuals and businesses to its list of Specially Designated Narcotics Traffickers (SDNTs) as of July 30, 1997. There also have been some deletions and technical changes to the list of SDNTs and Blocked Persons. The updated listing is attached.

In FIL-41-97, dated April 30, 1997, the FDIC provided information about OFAC and a series of laws administered by OFAC that impose economic sanctions against targeted hostile foreign countries to further U.S. foreign policy and national security objectives. Also provided in FIL-41-97 were details about the availability of computer-based, up-to-date OFAC data.

Please distribute the attached list to the appropriate persons in your institution. For questions about this list or the procedures to block accounts, please call OFAC's Compliance Programs Division on 800-540-6322.

	Nicholas J. Ketcha Jr.
	Director

Attachment: An electronic version is not available at this time.

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, N.W., Room 100, Washington, D.C. 20434 ((703) 562-2200 or 800-276-6003).