First Merchant Bank OSH Ltd.

"First Merchant Bank operates out of offices in Lefkosa/Nicosia, “TRNC,” and has 21 employees"; "First Merchant Bank was licensed in the “TRNC” in 1993 as an offshore bank"; "It is a privately owned commercial bank specializing in the provision of commercial and investment banking services to individual and corporate offshore customers"

"The Ministry of Finance of the “Turkish Republic of Northern Cyprus” ceased First Merchant Bank’s operations on December 4, 2006"; "Our withdrawal of the finding of First Merchant Bank as a financial institution of primary money laundering concern does not acknowledge any remedial measure taken by First Merchant Bank, but is the result of First Merchant Bank no longer operating as a financial institution because it no longer exists"; "we hereby withdraw the notice of proposed rulemaking imposing the fifth special measure authorized by 31 U.S.C. 5318A(B)(5) against First Merchant Bank as published in the Federal Register on August 24, 2004 (69 FR 51979)"