Alert 1999-4 | February 24, 1999

Unauthorized Banking: Liechetensteinische-Amerikanische Union Bank Corp.

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); Assistant Deputy Comptrollers; District Counsel and Examining Personnel

Information has been received that the subject entity may be operating a banking business in the United States without authorization. The Office of the Comptroller of the Currency has not granted a national bank charter to this entity. Further, the New York State Banking Department has advised that the subject entity has not been granted permission to operate in New York.

Any information which you may have concerning this matter should be brought to the attention of:

New York State Banking Department
Criminal Investigation Bureau
2 Rector Street (18th floor)
New York, NY 10006
Phone: 212-618-6581
Fax: 212-618-6588

and

Office of the Comptroller of the Currency
Enforcement & Compliance Division
250 E Street, SW
Washington, DC 20219
Fax (202) 874-5301

Daniel P. Stipano
Director
Enforcement & Compliance Division

Topic(s):

Suspicious Activity Reports (SAR)