Identifier
Created
Classification
Origin
06BEIRUT847
2006-03-17 16:14:00
UNCLASSIFIED
Embassy Beirut
Cable title:
FINCEN NOTICE ON COMMERCIAL BANK OF SYRIA
how-toVZCZCXYZ0008 RR RUEHWEB DE RUEHLB #0847 0761614 ZNR UUUUU ZZH R 171614Z MAR 06 FM AMEMBASSY BEIRUT TO RUEHC/SECSTATE WASHDC 2613 INFO RUEHDM/AMEMBASSY DAMASCUS 3502 RUEATRS/DEPT OF TREASURY WASHDC
UNCLAS BEIRUT 000847
SIPDIS
SIPDIS
E.O. 12958: N/A
TAGS: EFIN PTER ECON SANC LE SY
SUBJECT: FINCEN NOTICE ON COMMERCIAL BANK OF SYRIA
REF: STATE 38045
UNCLAS BEIRUT 000847
SIPDIS
SIPDIS
E.O. 12958: N/A
TAGS: EFIN PTER ECON SANC LE SY
SUBJECT: FINCEN NOTICE ON COMMERCIAL BANK OF SYRIA
REF: STATE 38045
1. On March 9, Charge conveyed to Mohamed Baasiri, head of
the Special Investigations Commission (SIC) of the Central
Bank of Lebanon, reftel talking points and the text of a
background paper provided by the Department. These materials
were also provided to Walid Alameddine, head of Lebanon's
Banking Control Commission, also affiliated with the Central
Bank of Lebanon. On March 15, we provided to the Office of
the Governor of the Central Bank the text of the Section 311
Final Rule as signed by the Department of the Treasury on
March 9. We have also conveyed the Section 311 Final Rule to
the offices of the SIC, the Banking Control Commission, and
the Lebanese Association of Banks.
2. Baasiri of the SIC asked several questions on March 9
about the effect on Lebanese commercial banks of the Final
Rule. Subsequent exchanges with Washington as well as the
issuance of the text of the Final Rule have at this point
responded to the substance of Baasiri's questions. We will
remain alert to further inquiries from him or others in the
Lebanese banking community about the impact of the Final Rule
on the Lebanese commercial banking sector.
MURRAY
SIPDIS
SIPDIS
E.O. 12958: N/A
TAGS: EFIN PTER ECON SANC LE SY
SUBJECT: FINCEN NOTICE ON COMMERCIAL BANK OF SYRIA
REF: STATE 38045
1. On March 9, Charge conveyed to Mohamed Baasiri, head of
the Special Investigations Commission (SIC) of the Central
Bank of Lebanon, reftel talking points and the text of a
background paper provided by the Department. These materials
were also provided to Walid Alameddine, head of Lebanon's
Banking Control Commission, also affiliated with the Central
Bank of Lebanon. On March 15, we provided to the Office of
the Governor of the Central Bank the text of the Section 311
Final Rule as signed by the Department of the Treasury on
March 9. We have also conveyed the Section 311 Final Rule to
the offices of the SIC, the Banking Control Commission, and
the Lebanese Association of Banks.
2. Baasiri of the SIC asked several questions on March 9
about the effect on Lebanese commercial banks of the Final
Rule. Subsequent exchanges with Washington as well as the
issuance of the text of the Final Rule have at this point
responded to the substance of Baasiri's questions. We will
remain alert to further inquiries from him or others in the
Lebanese banking community about the impact of the Final Rule
on the Lebanese commercial banking sector.
MURRAY