by Stephan Haggard | August 29th, 2012 | 05:27 am
We have a vested interest in what we call “sanctions technology.” Although we are skeptical about whether sanctions work in the way expected, there are multiple motives for deploying them, including making it more difficult to proliferate or launder cash earned from illicit activities. Several weeks ago, we posted on the fascinating Senate HSBC report, [...]
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Tags: Banking, Iran, sanctions
by Stephan Haggard | August 1st, 2012 | 07:00 am
We take a particular interest in the technology of sanctions (our posts on the topic can be found here) and have noted the whack-a-mole problem: that efforts to restrict transactions with North Korea—or any target–can be circumvented by the creation of front companies. A new report from the Permanent Committee on Investigations of the Senate [...]
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Tags: Banking, illicit activities, sanctions
