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.
Distribution: FDIC-Supervised Banks (Commercial and Savings)