Canada's Special Economic Measures Regulations against Iran state that "it is prohibited for any person in Canada and any Canadian outside Canada to … provide or acquire any financial services to, from or for the benefit of, or on the direction or order of Iran or any person in Iran." Shahrooz said it seems that some banks are interpreting the sanctions harshly, essentially applying them to anyone who has a connection to Iran — be it a residence, citizenship or even travel. "That's a fairly aggressive reading of the legislation. It actually captures people who I don't think Canadian legislators ever intended to capture," he said.The Canadian 'legislators' who came up with this regulation are vindictive pricks and I'd be unsurprised to learn they are well pleased with themselves over how aggressively and broadly their little bitty rulz are applied.
Tuesday, December 09, 2014
Oh for crying out loud.