Identifier
Created
Classification
Origin
09AITTAIPEI125
2009-02-06 01:26:00
UNCLASSIFIED
American Institute Taiwan, Taipei
Cable title:
TERRORISM FINANCE: U.S. DESIGNATION OF THE WAAD PROJECT
how-toVZCZCXYZ0003 RR RUEHWEB DE RUEHIN #0125 0370126 ZNR UUUUU ZZH R 060126Z FEB 09 FM AIT TAIPEI TO RUEHC/SECSTATE WASHDC 0840 RUEATRS/DEPT OF TREASURY WASHDC RUCNDT/USMISSION USUN NEW YORK 0110
UNCLAS AIT TAIPEI 000125
SIPDIS
STATE FOR INS, NEA/IR, EEB/ESC/TFS/CHRIS BACKEMEYER, NEA/I/JKONDOS,
AND S/CT/TDROZDENKO
TREASURY FOR TFFC LADAN ARCHIN
E.O. 12958: N/A
TAGS: EFIN KTFN PTER ETTC PREL PINR ECON LE TW
SUBJECT: TERRORISM FINANCE: U.S. DESIGNATION OF THE WAAD PROJECT
REF: STATE 01800
UNCLAS AIT TAIPEI 000125
SIPDIS
STATE FOR INS, NEA/IR, EEB/ESC/TFS/CHRIS BACKEMEYER, NEA/I/JKONDOS,
AND S/CT/TDROZDENKO
TREASURY FOR TFFC LADAN ARCHIN
E.O. 12958: N/A
TAGS: EFIN KTFN PTER ETTC PREL PINR ECON LE TW
SUBJECT: TERRORISM FINANCE: U.S. DESIGNATION OF THE WAAD PROJECT
REF: STATE 01800
1. (U) Per reftel, Taiwan's Financial Supervisory Commission (FSC)
issued a formal instruction on February 3, 2009, providing all
banking institutions with information on the U.S. Department of the
Treasury's designation of the Waad Project in Lebanon under
Executive Order 13224.
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 February 3, 2009 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
SIPDIS
STATE FOR INS, NEA/IR, EEB/ESC/TFS/CHRIS BACKEMEYER, NEA/I/JKONDOS,
AND S/CT/TDROZDENKO
TREASURY FOR TFFC LADAN ARCHIN
E.O. 12958: N/A
TAGS: EFIN KTFN PTER ETTC PREL PINR ECON LE TW
SUBJECT: TERRORISM FINANCE: U.S. DESIGNATION OF THE WAAD PROJECT
REF: STATE 01800
1. (U) Per reftel, Taiwan's Financial Supervisory Commission (FSC)
issued a formal instruction on February 3, 2009, providing all
banking institutions with information on the U.S. Department of the
Treasury's designation of the Waad Project in Lebanon under
Executive Order 13224.
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 February 3, 2009 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