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Federal Deposit Insurance Corporation

Division of Supervision

550 17th Street NW, Washington, DC 20429

Foreign Assets Control Act
FIL-26-95
April 3, 1995
TO:

CHIEF EXECUTIVE OFFICER

SUBJECT:

Blocking of Accounts Associated with Terrorist Activities

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On January 23, 1995, President Clinton signed Executive Order 12947, which prohibits transactions with
terrorists who may threaten the Middle East peace process. Under the order, all accounts and funds held
by financial institutions for the benefit of these organizations or individuals are blocked. Attached is an
updated list of terrorist organizations and individuals developed by the Treasury Department's Office of
Foreign Assets Control (OFAC) in response to the order. The OFAC has asked us to distribute the
attached list to all FDIC-regulated institutions so records can be checked for accounts required to be
blocked.

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Please distribute this list to the appropriate persons in your institution. Questions regarding this list or the
procedures to block accounts may be referred to the Compliance Programs Division of the OFAC at 202622-2490.
Stanley J. Poling
Director

Attachment

In

Distribution: FDIC-Supervised Banks (Commercial and Savings)