24 November 2004

To: Chief Executive of all authorized insurance institutions
      carrying on long term business

Dear Sir/Madam,

Further to my letter of 10 August 2004, I am writing to advise you that an updated list of names designated by the relevant United Nations Security Council Committee was published in the Gazette (G.N. 7329 and G.N. 7330) on 19 November 2004 in accordance with the Ordinance and the Regulation respectively. The new list is available on the Government website (http://www.gld.gov.hk/egazette/). under Gazette: Government Notice published on 19 November 2004. To facilitate the update of your electronic database, a copy of the list in MS Word format is also available on the Insurance Authority's website (www.info.gov.hk/oci/framework/index04.htm).

Compared with the names advised in my letter of 10 August 2004 , the following names of individuals and entities have been added to the new list :

Part C (Individuals belonging to or associated with the Al-Qaida organization)

Suliman Al-Buthe (item 21)

Part D (Entities belonging to or associated with the Al-Qaida organization)

Al-Haramain Foundation (Union of the Comoros) (item 26)
Al-Haramain Foundation (United States of America) (item 27)
Jama'at al-Tawhid wa'al-Jihad (JTJ) (item 78)

You should review your records carefully to see whether you have had, or currently have, accounts, transactions or dealings with the named individuals or entities. If such review reveals any suspicious accounts, transactions or dealings, you should promptly notify the Joint Financial Intelligence Unit. You are also reminded to browse the above websites regularly for the latest information.

Should you have any enquiries, please contact Mr. William Hsieh at 2867 4529 or Miss Connie Cheng at 2867 4815.

Yours sincerely,

(Ros K. T. Lam)
for Commissioner of Insurance