Tuesday, December 09, 2014

Con clumsiness

Oh for crying out loud.

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.

4 comments:

Steve said...

Maybe now that we are doing joint bombing raids in Iraq they well cut Canadians with Iranian Heritage that those of Isreali heritage have long held.

kootcoot said...

"some banks are interpreting the sanctions harshly, essentially applying them to anyone who has a connection to Iran"

I guess that's why the MoCo had to fire Gomeshi.

double nickel said...

I'm sure they're just following orders. Now where have we heard that before?

opit said...

I try not to excuse malice with forethought by postulating things just went wrong. There is no need to excuse cupidity as stupidity.