• On June 19, 2006, through the Department of the Treasury's Office of Foreign Assets Control (OFAC), the President issued a new Executive Order, Blocking Property of Certain Persons Undermining Democratic Processes or Institutions in Belarus.
• As a result of the annex to the Executive Order, individuals have been added to the Specially Designated Nationals and Blocked Persons list. Those entries are attached.
• 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 http://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.

Distribution:
FDIC-Supervised Banks (Commercial and Savings)

Suggested Routing:
Chief Executive Officer
BSA Compliance Officer

Related Topics:
Office of Foreign Assets Control

Attachment:
Belarus Executive Order - PDF 18k (PDF Help)
6/19/2006 Additions to SDN List

Contact:
Review Examiner Sean Forbush at
SASFIL@FDIC.gov or (202) 898-3673

Printable Format:
FIL-58-2006 - PDF 37k (PDF Help)

Note:
FDIC Financial Institution Letters (FILs) may be accessed from the FDIC's Web site at www.fdic.gov/news/news/financial/2006/index.html.

To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html.

Paper copies of FDIC FILs may be obtained through the FDIC's Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (1-877-275-3342 or 703-562-2200).