Skip Header

Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Home > News & Events > Inactive Financial Institution Letters

Inactive Financial Institution Letters


June 16, 2000

SUBJECT: Specially Designated Nationals, Narcotics Traffickers and Blocked Persons

On June 1, 2000, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) updated its listing of specially designated nationals and blocked persons to include the names of significant foreign narcotics traffickers identified by President Clinton pursuant to the Foreign Narcotics Kingpin Designation Act.

Attached is information from OFAC containing all changes to the list of Specially Designated Nationals and Blocked Persons since January 1, 2000. OFAC has asked that we distribute the update to all FDIC-regulated institutions so records can be checked for accounts that are required to be blocked. OFAC information also may be found on the Internet at .

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, all FDIC Financial Institution Letters published since January of 1995 may be found on the FDIC's Web site at under "News, Events & FOIA."

James L. Sexton

Attachment: OFFICE OF FOREIGN ASSETS CONTROL, Changes to List of Specifically Designated Nationals and Blocked Persons Since January 1, 2000 (38Kb PDF file - PDF help or hard copy)

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 (800-276-6003 or (703) 562-2200).

Last Updated 06/16/2000

Skip Footer back to content