Search

 

Cablegate: Italy to Alert Private Sector Entities to Usg

VZCZCXRO9265
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

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

© Scoop Media

 
 
 
World Headlines

 


Pacific Media Watch: How Pacific Environmental Defenders Are Coping With The Covid Pandemic

SPECIAL REPORT: By Sri Krishnamurthi of Pacific Media Watch Pacific Climate Warriors - creative action to trigger better responses to climate crisis. Image: ... More>>

New Zealand Defence Force: Training Team Gets Under Way In Fiji

A combined training team from the New Zealand Defence Force (NZDF) and Ministry of Defence will this week begin working alongside Fijian counterparts in areas ranging from basic hydrography to advanced combat first aid as part of a new training initiative ... More>>


Reporters Without Borders: Julian Assange’s Extradition Hearing Marred By Barriers To Open Justice

After monitoring four weeks of evidence in the US extradition proceedings against Wikileaks publisher Julian Assange, Reporters Without Borders (RSF) reiterates concern regarding the targeting of Assange for his contributions to journalism, and calls ... More>>

OHCHR: Stranded Migrants Need Safe And Dignified Return – UN Migrant Workers Committee

The UN Committee on Migrant Workers has today called on governments to take immediate action to address the inhumane conditions of migrant workers who are stranded in detention camps and ensure they can have an orderly, safe and dignified return to ... More>>