August 13, 2014 | Quote
Banks Woo Treasury Sanctions Pros to Navigate Complex U.S. Rules
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The Treasury has enough experienced people to adjust to the departures, said Mark Dubowitz, executive director of the Washington-based Foundation for Defense of Democracies, a nonprofit group that focuses on foreign policy and national security issues.
“The good news is that there is no shortage of smart and committed people who want to work at OFAC, and there is a deep bench of existing staff to keep implementing sanctions,” Dubowitz said. “The bad news is that it takes time to get new people up to speed and it puts a considerable burden on existing people.”
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