TAIWAN RESPONSE: DESIGNATION OF IRAN ISLAMIC

UNCLAS AIT TAIPEI 000183 SIPDIS DEPARTMENT FOR EAP/TC, ISN, T, AND NEA/IR TREASURY FOR TFFC LADAN ARCHIN E.O. 12958: N/A TAGS: KNNP MNUC IR GM PREL PARM EFIN TW SUBJECT: TAIWAN RESPONSE: DESIGNATION OF IRAN ISLAMIC REVOLUTIONARY GUARD CORPS ENTITIES AND INDIVIDUAL UNDER E.O. 13382 REF: STATE 15554 ¶1. (SBU) On February 24, AIT passed reftel non-paper to Wang Henyi, Director of the Legal and Planning Division at Taiwan's Financial Supervisory Commission (FSC). We are also providing a courtesy copy of the non-paper to the Ministry of Economic Affair's Bureau of Foreign Trade. ¶2. (SBU) Mr. Wang indicated that as per Taiwan's usual practice, the FSC will circulate a notice to direct Taiwan banking institutions and relevant agencies to end any activities, if any, with the designated entities and individuals. The FSC will also inform the financial services industry associations and request that they follow up with their members to ensure compliance with the FSC directive. STANTON