Modification of Economic Sanctions with Respect to Yugoslavia
October 5, 2001
Circular No. 11384

To All Depository Institutions and Others Concerned in the Second Federal Reserve District:

In a Federal Register notice (pdf - 145kb), the Office of Foreign Assets Control of the U.S. Department of the Treasury seeks comments by December 3, 2001, on the modification of economic sanctions previously imposed with respect to the Federal Republic of Yugoslavia (Serbia and Montenegro) (the "FRY(S&M)"). The amendments reflect the lifting of certain economic sanctions relating to the FRY (S&M) pursuant to Executive Order 13192 and make the appropriate conforming and technical changes to the regulations.