Obama’s Treasury Department: Our Sanctions Regime Is SEKRIT

Screen shot 2013-02-20 at 12.48.34 PMTreasury’s Office of Foreign Assets Control just 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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emptywheel @JPughMI Do YOU ever got tired of smacking down Steve Mitchell? @FiveThirtyEight
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emptywheel I get that Levin is running interference for his POTUS and party, but dodging this AUMF vote not a good legacy to leave on.
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emptywheel @Jockular To fight other than Assad.
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emptywheel Gillibrand pointing out very obvious point that "moderates" have no incentive to fight ISIL until Assad ousted.
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emptywheel Really Gillibrand should have asked, "Is Turkey or is Turkey not one of our Secret Friends?"
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emptywheel Tho King's "geopolitical whack-a-mole" isn't bad.
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emptywheel @ChrisWarcraft You saw that Cantwell just dropped bill to end non-profit status? @oraTV
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emptywheel Angus King started this speech by acknowledging that Kaine had already made his point more articulately. King was right.
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emptywheel Tho note to Tim Kaine's staffer who had all her papers on lap behind boss while he was making superb speech: that's gonna hurt TV clip.
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emptywheel Also really HOPE HOPE HOPE Cantwell makes a very good Internet ad calling Jerry Jones a welfare queen for not paying taxes.
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emptywheel Tim Kaine giving an excellent lesson in the history of the 2001 AUMF. Hope that makes the TV news.
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emptywheel Now that Cantwell's going after NFL's non-profit status, I hope pollsters start polling whether people KNOW NFL doesn't pay taxes.
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