URGENT/ACTION REQUESTED
[16665]
October 14, 2003
TO: COMPLIANCE ADVISORY COMMITTEE No. 85-03
INTERNATIONAL COMMITTEE No. 68-03
INTERNATIONAL OPERATIONS ADVISORY COMMITTEE No. 42-03
MONEY LAUNDERING RULES WORKING GROUP No. 57-03
PRIMARY CONTACTS - MEMBER COMPLEX No. 88-03
TRANSFER AGENT ADVISORY COMMITTEE No. 94-03
RE: OFAC UPDATE
Treasury’s Office of Foreign Assets Control (OFAC) issued a bulletin today adding three
entities to its list of specially designated global terrorists (SDGTs).1 Their assets must be blocked
immediately.
The following entries have been added to the SDGT list:
AL-AKHTAR TRUST INTERNATIONAL (a.k.a.
AKHTARABAD MEDICAL CAMP; a.k.a. AL-AKHTAR
MEDICAL CENTRE), ST-1/A, Gulshan-e-Iqbal, Block 2, Karachi
75300, Pakistan; Bahawalpur, Pakistan; Bawalnagar, Pakistan;
Gilgit, Pakistan; Gulistan-e-Jauhar, Block 12, Karachi, Pakistan;
Islamabad, Pakistan; Mirpur Khas, Pakistan; Spin Boldak,
Afghanistan; Tando-Jan-Muhammad, Pakistan; and all other
offices worldwide [SDGT]
AL-AKHTAR MEDICAL CENTRE (a.k.a. AL-AKHTAR TRUST
INTERNATIONAL), Gulistan-e-Jauhar, Block 12, Karachi,
Pakistan [SDGT]
1 OFAC regulations require US persons, including investment companies, to block all accounts and assets of persons
or entities named by OFAC. For an overview of OFAC regulations and a description of the various measures that
mutual fund organizations may wish to consider adopting to ensure compliance with those regulations, refer to the
Institute’s paper entitled “Foreign Assets Control Compliance for Mutual Funds.” This paper is available on the
Institute’s members’ website at http://members.ici.org. The members’ website is password-protected; staff at
Institute member firms may request access codes by filling out the enrollment form on the website.
2
AKHTARABAD MEDICAL CAMP (a.k.a. AL-AKHTAR TRUST
INTERNATIONAL), Spin Boldak, Afghanistan [SDGT]
In addition there have been numerous changes to “[FTO][SDGT]”
entries. For complete details click on the “SDN Changes” button on the “SDN
and Blocked Persons” page on OFAC's website or download the “sdnew03.txt”
file.
All of OFAC’s SDN material has been updated, as has OFAC’s program brochure on
Terrorism.
Robert C. Grohowski
Associate Counsel