Regulatory Alerts2005-01-10 | TED-AD-12-2005Global Terrorists: Al-Faqih & Batterjee
This circular by the Director of Banking Supervision on January 4, 2005 requests all banks to confirm within seven days if their institution[s] have any accounts operated in the names of two global terrorist organizations, Al-Faqih and Batterjee. As per usual protocol, a NIL return should be submitted if no such accounts exist. The information was provided by the US Government who reported that these organizations are involved in financing global terrorism.
09-61636403 09-61636418 January 4, 2005 BSD/01/2005 CIRCULAR TO ALL BANKS: GLOBAL TERRORISTS: AL-FAQIH AND BATTERJEE Further to our circulars on Anti-Money Laundering/Counter Terrorism Financing (AML/CTF), the two organizations stated above have been reported by the US Government to be involved in financing global terrorism. Accordingly, we request you to please confirm within seven (7) days to the undersigned, the existence of accounts operated in your institution[s] in the names of the organizations and persons/entitles related to them. As usual, where accounts are not maintained for any of the organizations, persons/entities relatedto them, a NIL return should be submitted. Thank you.
I.D. ABDULLAHI For: DIRECTOR OF BANKING SUPERVISION