Harnessing the Financial Furies: Smart Financial Power and National Security

Click to increase image sizeClick to decrease image size Notes 1. See Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT) Act of 2001, Public Law No: 107–56, 107th Cong. , 1st sess. (October 24, 2001) http: //epic. org/privacy/terrorism/hr3162. pdf. 2. Financial Action Task Force, “40 Recommendations, ” Web site, October 2003, http: //www. fatf-gafi. org/document/28/0, 3343, en₃2250379₃2236930₃3658140₁₁₁₁, 00. html. 3. Executive Order 13224, Office of Foreign Assets Control, U. S. Department of Treasury, September 23, 2001, http: //www. treasury. gov/offices/enforcement/ofac/programs/terror/terror. pdf. 4. See UN Security Council Resolution 1267, S/RES/1267 (1999), October 15, 1999, http: //www. treas. gov/offices/enforcement/pdf/unscr1267. pdf. 5. Executive Order 13382, Office of Foreign Assets Control, U. S. Department of Treasury, June 29, 2005, http: //www. treas. gov/offices/enforcement/ofac/programs/wmd/wmd. pdf. 6. UN Security Council Resolution 1874, S/RES/1874 (2009), June 12, 2009, http: //daccessdds. un. org/doc/UNDOC/GEN/N09/368/49/PDF/N0936849. pdf? OpenElement. 7. “Since 2007, Hong Kong Electronics has transferred millions of dollars of proliferation- related funds on behalf of Tanchon and KOMID. Hong Kong Electronics has also facilitated the movement of money from Iran to North Korea on behalf of KOMID. Tanchon, a commercial bank based in Pyongyang, North Korea, is the financial arm for KOMID - North Korea's premier arms dealer and main exporter of goods and equipment related to ballistic missiles and conventional weapons. ” See U. S. Department of Treasury, “Treasury Targets North Korea's Missile Proliferation Network, ” June 30, 2009, http: //www. ustreas. gov/press/releases/tg191. htm (press release). Additional informationNotes on contributorsJuan C. Zarate Juan C. Zarate is a senior adviser at CSIS. Before joining CSIS, he served as the deputy assistant to the president and deputy national security advisor for combating terrorism from 2005–2009. He also served at the U. S. Department of Treasury from 2001–2005, and was the first assistant secretary for terrorist financing and financial crimes