Identifier
Created
Classification
Origin
08AITTAIPEI221
2008-02-19 10:07:00
UNCLASSIFIED
American Institute Taiwan, Taipei
Cable title:  

TERRORISM FINANCE: SYRIA/LEBANON DESIGNATIONS

Tags:  KTFN EFIN PTER PREL FARM MNUC ECON TW IR 
pdf how-to read a cable
VZCZCXYZ0001
RR RUEHWEB

DE RUEHIN #0221 0501007
ZNR UUUUU ZZH
R 191007Z FEB 08
FM AIT TAIPEI
TO RUEHC/SECSTATE WASHDC 8146
RUEATRS/DEPT OF TREASURY WASHDC
RUCNDT/USMISSION USUN NEW YORK 0049
UNCLAS AIT TAIPEI 000221 

SIPDIS

SIPDIS

STATE FOR EEB/ESC/TFS/CBACKEMEYER, NEA/RA/LGOTTLIEB, AND
S/CT/TDROZDENKO
TREASURY FOR TFFC LADAN ARCHIN

E.O. 12958: N/A
TAGS: KTFN EFIN PTER PREL FARM PREL MNUC ECON TW IR
SUBJECT: TERRORISM FINANCE: SYRIA/LEBANON DESIGNATIONS

REF: 07 STATE 161591

UNCLAS AIT TAIPEI 000221

SIPDIS

SIPDIS

STATE FOR EEB/ESC/TFS/CBACKEMEYER, NEA/RA/LGOTTLIEB, AND
S/CT/TDROZDENKO
TREASURY FOR TFFC LADAN ARCHIN

E.O. 12958: N/A
TAGS: KTFN EFIN PTER PREL FARM PREL MNUC ECON TW IR
SUBJECT: TERRORISM FINANCE: SYRIA/LEBANON DESIGNATIONS

REF: 07 STATE 161591


1. Per ref A, Taiwan's Financial Supervisory Commission (FSC)
issued a formal instruction on February 2, 2008, providing all
banking institutions and securities finance companies with
information on three individuals, Assaad Halim Hardan, Wi'am Wahhab,
and Hafiz Makhluf designated by the U.S. Department of Treasury
pursuant to U.S. E.O.13441 on November 5, 2007 as well as
information on Muhammad Nasif Khayrbik designated by the U.S.
Department of Treasury pursuant to US E.O.13338 on the same day.


2. The FSC asked banking institutions in Taiwan to strengthen
monitoring over transactions with the designated individuals which
will arise because the U.S. has prohibited the U.S. banking sector
from engaging in transactions with these individuals. The FSC
required them 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. The FSC also asked the following industry associations to
request their members to comply with the February 12, 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
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