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Inactive Financial Institution Letters


FOREIGN ASSETS CONTROL ACT

FIL-20-2002
March 5, 2002

TO: CHIEF EXECUTIVE OFFICER
SUBJECT: Specially Designated Nationals and Blocked Persons

On February 12, 2002, the Department of the Treasury's Office of Foreign Assets Control (OFAC) amended its listing of Specially Designated Nationals and Blocked Persons by removing three names.

Attached is a copy of the OFAC bulletin announcing the removals, and information from OFAC containing all changes to the list of Specially Designated Nationals and Blocked Persons since January 1, 2002. 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 www.treas.gov/offices/enforcement/ofac/ . 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 www.fdic.gov under "Newsroom, Events & FOIA." 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

Attachments: Available at www.treas.gov/offices/enforcement/ofac/.

Distribution: FDIC-Supervised Banks (Commercial and Savings)

Last Updated 3/31/2004 communications@fdic.gov