United Nations Sanctions (Liberia) Regulation 2008 and List of Names for Suspicious Account Reporting

I am writing to inform you of the following developments:

(i) United Nations Sanctions (Liberia) Regulation 2008

An updated list of relevant persons and relevant entities has been designated under section 32 of the United Nations Sanctions (Liberia) Regulation 2008. The list was published in the Gazette (G.N. 5897) on 29 August 2008 and is available on the Government’s website (http://www.gld.gov.hk/egazette).

You are reminded to check your records and report any transactions or relationships your institution has or has had with the named persons or entities to the Joint Financial Intelligence Unit and the HKMA.

(ii) List of names for suspicious account reporting

The US Government added an individual to the list designated under US Executive Order 13224 on 28 August 2008. The relevant information can be found on the website of the US Treasury under the heading of "Name of individual designated on 08-28-08"

(http://www.ustreas.gov/offices/enforcement/ofac/programs/terror/terror.pdf).

You are reminded to check your records and report any transactions or relationships your institution has or has had with the named individual to the Joint Financial Intelligence Unit and the HKMA. You are also recommended to browse the US Treasury website (including the FinCEN website) regularly for the latest information.

Yours faithfully,

Karen Kemp
Executive Director (Banking Policy)