30 July 2004

Dear Sir / Madam,

United Nations Security Council Resolution 1483 (2003)

Further to my letter of 15 January, I am writing to inform you that the UN Security Council Committee established under the Resolution 1518 (2003) has recently added a number of individuals and entities, whose financial assets should be frozen and transferred to the Development Fund for Iraq, to the lists identified for the purpose of paragraph 23 of the Resolution 1483. The respective lists of the designated individuals and entities can be found on the UN website (http://www.un.org/Docs/sc/committees/1518/1518SanctionsCommEng.htm).

Although paragraph 23 of the Resolution 1483 has not yet been implemented in Hong Kong, you are advised to review your records and report any transactions or relationships you have or have had with the named individuals and entities to the Joint Financial Intelligence Unit, with a copy to the HKMA. You are also advised to browse the UN website regularly for the latest information.

Yours faithfully,

William A. Ryback
Deputy Chief Executive