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Financial Institutions Should Face Greater Scrutiny Over Sanctions Violations: Notre Dame Professor
printDespite all the rhetoric, combating the networks that finance terrorism and criminal organizations is not a priority for the international community, according to Jimmy Gurul?©, a law professor at Notre Dame Law School who researches criminal law and white collar crime. To match words and deeds, the United Nations needs to work with member states to better enforce economic sanctions. What's more, the relatively low number of enforcement actions against financial institutions that violate financial regulations has sent the message that the U.S. Treasury Department isn't serious about enforcement, he said. Gurul?©, a former Under Secretary (Enforcement) at the U.S....
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