[17618]
June 3, 2004
TO: COMPLIANCE ADVISORY COMMITTEE No. 57-04
INTERNATIONAL COMMITTEE No. 32-04
INTERNATIONAL OPERATIONS ADVISORY COMMITTEE No. 23-04
MONEY LAUNDERING RULES WORKING GROUP No. 20-04
PRIMARY CONTACTS - MEMBER COMPLEX No. 54-04
TRANSFER AGENT ADVISORY COMMITTEE No. 52-04
RE: OFAC UPDATE
The Office of Foreign Assets Control (OFAC) has added the name of one individual to
its list of specially designated global terrorists (SDGTs). His assets must be blocked
immediately.1
The following individual has been added to OFAC’s SDN list as an SDGT:
AL-TURKI, Hassan Abdullah Hersi (a.k.a. AL-TURKI, Hassan); DOB circa
1944; POB Ogaden Region, Ethiopia (individual) [SDGT]
All of OFAC’s SDN material, including its program brochure on Terrorism, has been
updated accordingly.
Robert C. Grohowski
Associate Counsel
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.