DESIGNATION OF ADDITIONAL IRANIAN ENTITIES AND INDIVIDUALS

UNCLAS AIT TAIPEI 001363 SIPDIS STATE FOR INS, NEA/IR, EEB/ESC/TFS/DBENDANA, NEA/I/JKONDOS, AND S/CT/TDROZDENKO TREASURY FOR TFFC LADAN ARCHIN E.O. 12958: N/A TAGS: KNNP MNUC EFIN FARM PREL UNSC ECON GM IR TW SUBJECT: DESIGNATION OF ADDITIONAL IRANIAN ENTITIES AND INDIVIDUALS UNDER E.O. 13382 REF: STATE 88759 ¶1. (U) Per reftel, Taiwan's Financial Supervisory Commission (FSC) issued a formal instruction on September 11, 2008, providing all banking institutions with information on an additional 5 Iranian entities listed under E.O. 13382 for involvement in Iran's nuclear or missile programs. ¶2. (U) In the instruction, the FSC directs Taiwan banking institutions to treat transactions with the designated individuals and their beneficiaries as suspected money laundering transactions, and instantly report these transactions to the Ministry of Justice Investigation Bureau for further investigation and action. ¶3. (U) The FSC also asked the following industry associations to ask their members to comply with the September 11, 2008 instructions: --Credit Cooperation Association --Bills Finance Association --Securities Firms Association --Securities Investment Trust and Consultant Association --Futures Commissioners Association --Life Insurance Association --Non-life Insurance Association --all jewelry associations --Credit Card Firms Association YOUNG