14 October 2004

Dear Sir / Madam,

United Nations Security Council Resolution ("UNSCR") 1532 (2004)

Further to our letter of 17 August, I am writing to inform you that the Security Council Committee established pursuant to UNSCR 1521 (2003) concerning Liberia has recently updated the list of individuals and entities subject to the measures contained in paragraph 1 of UNSCR 1532 ("Assets Freeze List"). The changes to the previous Assets Freeze List include the addition of three individuals and the provision of supplementary information for some designated individuals. The updated list can be found on the UN website (http://www.un.org/Docs/sc/committees/Liberia3/1532_afl.htm).

While UNSCR 1532 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 or entities to the Joint Financial Intelligence Unit and the HKMA. You are also advised to browse the above UN website regularly for the latest information.

Yours faithfully,

Simon Topping
Executive Director (Banking Policy)