Obama’s Treasury Department: Our Sanctions Regime Is SEKRIT

Screen shot 2013-02-20 at 12.48.34 PMTreasury’s Office of Foreign Assets Controljust sent out its invite for a symposium helping the Financial Industry learn about how to comply with sanctions. The symposium will include the following:

The Financial Symposium will feature a Keynote Address by OFAC Director Adam Szubin and presentations by key OFAC personnel on topics such as:

  • Changes to the Iranian Transactions and Sanctions Regulations, NDAA and CISADA
  • Enforcement guidelines and enforcement actions
  • SDN List updates and information on the designation process
  • Securities and Insurance
  • Licensing procedures and guidance
  • Compliance with U.S. economic and trade sanctions

In addition to formal presentations, OFAC staff will be available throughout the day for individual questions and ad hoc roundtable discussion on issues unique to the financial industry.

It’s actually fairly important that the sanctions regime be well-publicized. Not only does it help ensure compliance from any entity that might be considered liable. But that’s what gives it legitimacy: not just the fact that sanctions and their rationale appear well thought out (if you believe Iranians should have no access to medical devices and dental equipment, that is), but also that sanctions are somewhat fairly applied (which they’re not).

Apparently, Obama’s Treasury Department doesn’t see it this way.

 The event is closed to press.

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7 Responses to Obama’s Treasury Department: Our Sanctions Regime Is SEKRIT

Emptywheel Twitterverse
bmaz Et tu Vicente Fox?? https://t.co/dT5UfC0ICJ
JimWhiteGNV RT @mycbs4alicia: It's a full house for the swearing in ceremony for Lauren Poe and Adrian Hayes-Santos @mycbs4 https://t.co/1A1fJxoW5Z
bmaz @ScottGreenfield @clsesq Well, I'm a dick, and I am here....
bmaz @ScottGreenfield @clsesq You are citing me shit from 2 days ago regarding courts here on this?? Grrrr, let me go find it for you......
bmaz @ScottGreenfield @clsesq There are now no charges as far as I am aware.
bmaz @ScottGreenfield @clsesq Uh, this was a function of cops. The felony prosecutor declined+sent back to city for misd, which then declined.
JimWhiteGNV Feliz Cinco de Taquito! https://t.co/6tWRTSXNin
bmaz @veroderugy @normative In Senate?? He has 6 months left+never did anything there to start with. Prob unelectable at this point.
bmaz Though, honestly, not sure Castro or Kaine as VP running mate is overall any better ideologically than now declared Trump supporter Sandoval
bmaz So maybe the suggestion that Clinton tab Sandoval as a "unity" choice for VP was a little off base... https://t.co/XyjR2zu7XZ
February 2013
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