The US Government’s Under Secretary of the Treasury for Terrorism and Financial Intelligence gave a speech (here) summarising US sanctions policy, stating that:
The speech outlines US sanctions policies on Iran, Russia, North Korea, Venezuela, etc. He referred to the “significant risks of launching a special purpose vehicle” for Europe to facilitate trade with Iran (see previous post), readiness to “engage in constructive negotiation” with North Korea and continue its financial and economic pressure until “the final, full denuclearization of North Korea” is realised, and commitment to ensuring OFAC sanctions compliance in virtual currency transactions and to strengthening safeguards in financial institutions to assist in identifying sanctions evasions.
Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...See profile for Michael O'Kane >