NASD Notice To Members 97-35 - June 1997

Treasury's Foreign Assets Control Office Updates List of Specially Designated Persons and Entities

Executive Summary

As requested by the Department of Treasury (Treasury) the NASD® provides members with  information from the Office of Foreign Assets Control (OFAC) about persons and entities identified as “Specially Designated Nationals and Blocked1 Persons.” On April 17, 1997, OFAC updated its master list, adding 46 blocked persons and 11 blocked entities designated by the  President of the United States for their significant role in international narcotics traf- ficking centered in Columbia, or have been determined to be owned or controlled by, or to act for or on behalf of, other blocked persons on the list. The new list also contains revised information concerning 25 individuals.