Subject: Unauthorized Banking
Date: December 18, 1998
Description: Current List of OCC Alerts on Unauthorized Banks
Unauthorized Banking: Current List of OCC Alerts on Unauthorized Banks
To: Chief Executive Officers of all National Banks; all State Banking Authorities; Chairman, Board of Governors of the Federal Reserve System; Chairman, Federal Deposit Insurance Corporation; Conference of State Bank Supervisors; Deputy Comptrollers (Districts); District Counsel and Examining Personnel
The OCC issues alerts on unauthorized banking, both offshore and domestic. This alert is an alphabetical list of entities named in current OCC alerts. It is designed to aid searches for names of entities and to indicate the nature of the problem which prompted the issuance. Please refer to the original alert for more complete information.
OCC Alerts are available on the OCC's web site on the Internet, at http://www.occ.treas.gov, and on the Lexis and Westlaw systems. Alert number 98-33 contains the full text of a warning circular from the Office of the Superintendent of Financial Institutions of Canada, listing entities which have been brought to their attention. Alert number 98-29 lists banks which are not authorized in Belize. Alert number 98-34 attaches a warning from the Swedish Financial Supervisory authority about suspect activities of listed savings banks.
Any information which you may have concerning these entities should be brought to the attention of:
Office of the Comptroller of the Currency
Daniel P. Stipano