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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

Bill Steinman
Contributing Editor

Sanctions compliance: OFAC statement about the Iran action plan

Image courtesy of the White House via YouTubeStatement Relating to the July 14, 2015 Announcement of a Joint Comprehensive Plan of Action Regarding the Islamic Republic of Iran’s Nuclear Program:

On July 14, 2015, the P5 + 1 and Iran reached a Joint Comprehensive Plan of Action (JCPOA) to ensure that Iran’s nuclear program will be exclusively peaceful.… Continue Reading

An Open Iran: Normalization dividend with a compliance nightmare

We are perhaps six weeks away from a deal which would open up a country shunned for nearly four decades.

It is a stable country in a highly unstable region. One with a highly educated but underemployed population, where there are untapped and almost unlimited oil, gas, chromium, copper, iron, lead, and zinc reserves; where the national airline has not bought a new aircraft in 37 years, and where every aspect of infrastructure requires renewal.… Continue Reading

Russia demands Transparency International register as a ‘foreign agent’

Prosecutors in Moscow warned the Russian branch of Transparency International to register as a foreign agent, TI-Russia said in a statement posted on its website Friday.

Prosecutors told the anti-corruption NGO that its “actual activity includes interfering with the government’s policy in the fight against corruption by lobbying its own proposals to change it,” TI’s statement said.… Continue Reading

Judge rejects Fokker’s ‘anemic’ $21 million sanctions penalty

A federal judge Thursday refused to approve a settlement of sanctions violations by a subsidiary of Dutch aerospace firm Fokker Technologies Holding.

Federal judge Richard J. Leon of the District of Columbia said the proposed $21 million penalty was “grossly disproportionate to the gravity of Fokker Sercvices’ conduct in a post-911 world.”

Fokker Services admitted in a plea deal last year that it made more than 1,100 illegal shipments worth $21 million to Iran, Sudan, and Burma.… Continue Reading

What’s up with graft and the World Misery Index?

The 2014 World Misery Index ranks 108 countries for how much “misery” the people in a country are experiencing. The amount of misery is arrived at by adding the unemployment, inflation, and bank lending rates, and subtracting the percentage change in real GDP per capita.… Continue Reading