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FOREIGN ASSETS CONTROL ACT

BSA/AML, OFAC and Fraud
November 17, 2003
TO: CHIEF EXECUTIVE OFFICER (also of interest to BSA Compliance Officer) 
SUBJECT: Specially Designated Nationals and Blocked Persons 
Summary: The Department of the Treasury's Office of Foreign Assets Control (OFAC) has added several entries listed as Specially Designated Global Terrorists (SDGTs) to its list of Specially Designated Nationals and Blocked Persons (SDNs). OFAC has also removed several SDGT entries listed from the SDN list. 

On November 10, 2003, the Department of the Treasury's Office of Foreign Assets Control added several entries as Specially Designated Global Terrorists to its list of Specially Designated Nationals and Blocked Persons. The list of new entries is attached. OFAC also removed the entries listed below.

  • AMARO, Joaquim Ferreira, Praca Pio X, 54-10o Andar CEP 20091, Rio de Janeiro, Brazil, individual, IRAQ
  • BANCO BRASILEIRO-IRAQUIANO S.A., Praca Pio X, 54-10o Andar CEP 20091, Rio de Janeiro, Brazil, Head Office and City Branch, IRAQ
  • ABBOTT, John G., 34 Grosvenor Street, London W1X 9FG, England, individual, LIBYA

OFAC has asked that we distribute the information to all FDIC-supervised institutions so records can be checked for accounts that are required to be blocked. 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 more 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, FDIC Financial Institution Letters may be accessed from the FDIC's Web site at www.fdic.gov/news/financial-institution-letters/2003/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

 

Attachment (May be accessed from https://home.treasury.gov/policy-issues/office-of-foreign-assets-control-sanctions-programs-and-information .) 

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, option 5, or (703) 562-2200). 

Last Updated: November 17, 2003