Identifier
Created
Classification
Origin
09ROME1264
2009-11-16 15:06:00
UNCLASSIFIED//FOR OFFICIAL USE ONLY
Embassy Rome
Cable title:
ITALY TO ALERT PRIVATE SECTOR ENTITIES TO USG
how-toVZCZCXRO9265 PP RUEHBC RUEHDE RUEHDIR RUEHKUK RUEHTRO DE RUEHRO #1264 3201506 ZNR UUUUU ZZH P 161506Z NOV 09 FM AMEMBASSY ROME TO RUEATRS/DEPT OF TREASURY WASHDC PRIORITY RUEHC/SECSTATE WASHDC PRIORITY 2894 INFO RUCNIRA/IRAN COLLECTIVE PRIORITY
UNCLAS ROME 001264
SENSITIVE
SIPDIS
ISN/CPI: FOR JCHALMERS
PLEASE PASS TO APPROPRIATE CONTACT AT: T, TREASURY, EAP,
NEA/IR
E.O. 12958: N/A
TAGS: EFIN IR IT KNNP PARM
SUBJECT: ITALY TO ALERT PRIVATE SECTOR ENTITIES TO USG
DESIGNATION OF MALAYSIAN BANK AND BANK MELLAT CHAIRMAN
REF: STATE 115135
UNCLAS ROME 001264
SENSITIVE
SIPDIS
ISN/CPI: FOR JCHALMERS
PLEASE PASS TO APPROPRIATE CONTACT AT: T, TREASURY, EAP,
NEA/IR
E.O. 12958: N/A
TAGS: EFIN IR IT KNNP PARM
SUBJECT: ITALY TO ALERT PRIVATE SECTOR ENTITIES TO USG
DESIGNATION OF MALAYSIAN BANK AND BANK MELLAT CHAIRMAN
REF: STATE 115135
1. (SBU) SUMMARY. An official in the Italian Ministry of
Economics and Finance (MEF) stated that she will advise
private sector institutions of the USG designation, under
Executive Order 13382 (reftel),of First East Export Bank
(FEEB) of Malaysia, and of the Chairman of Bank Mellat of
Iran, and will warn of the potential consequences of
conducting business with designated entities. END SUMMARY
2. (SBU) On 13 November, ECONOFF conveyed to a MEF official
notification that the USG has designated a subsidiary of Bank
Mellat, and Ali Divandari (Chairman of Bank Mellat of Iran),
and reminded the official that entities found to be
conducting business with designated individuals or entities
may themselves be subject to designation.
3. (SBU) The MEF official stated that the Ministry will issue
a warning to alert the private sector about the USG
designations, and will advise them to "exercise enhanced due
diligence" when conducting business or financial transactions
with any Iranian intermediary.
THORNE
SENSITIVE
SIPDIS
ISN/CPI: FOR JCHALMERS
PLEASE PASS TO APPROPRIATE CONTACT AT: T, TREASURY, EAP,
NEA/IR
E.O. 12958: N/A
TAGS: EFIN IR IT KNNP PARM
SUBJECT: ITALY TO ALERT PRIVATE SECTOR ENTITIES TO USG
DESIGNATION OF MALAYSIAN BANK AND BANK MELLAT CHAIRMAN
REF: STATE 115135
1. (SBU) SUMMARY. An official in the Italian Ministry of
Economics and Finance (MEF) stated that she will advise
private sector institutions of the USG designation, under
Executive Order 13382 (reftel),of First East Export Bank
(FEEB) of Malaysia, and of the Chairman of Bank Mellat of
Iran, and will warn of the potential consequences of
conducting business with designated entities. END SUMMARY
2. (SBU) On 13 November, ECONOFF conveyed to a MEF official
notification that the USG has designated a subsidiary of Bank
Mellat, and Ali Divandari (Chairman of Bank Mellat of Iran),
and reminded the official that entities found to be
conducting business with designated individuals or entities
may themselves be subject to designation.
3. (SBU) The MEF official stated that the Ministry will issue
a warning to alert the private sector about the USG
designations, and will advise them to "exercise enhanced due
diligence" when conducting business or financial transactions
with any Iranian intermediary.
THORNE