Joshua Kirschenbaum is a senior fellow at GMF’s Alliance for Securing Democracy, focusing on illicit finance. Josh joined GMF from the Treasury Department, where he worked from 2011 to 2018. He served as acting director of the Office of Special Measures at Treasury’s Financial Crimes Enforcement Network, overseeing international money laundering investigations under Section 311 of the USA PATRIOT Act. Previously, Josh worked on Iran sanctions at Treasury’s Office of Foreign Assets Control (OFAC). In 2019, he became a Senior Vice President in the Bank Secrecy Act / OFAC Department at the Bank of Hope, a regional bank based in Los Angeles. The views expressed are solely his and do not purport to reflect the views of his employer.
He received a master’s degree in international security from Georgetown University and a bachelor’s degree in public policy from Northwestern University.
As the costs of Ukraine’s resistance mount, there are increasing calls to confiscate these frozen reserves to finance Kyiv’s war and reconstruction.
EU should extend harsh sanctions to most or all of the largest Russian banks, including the largest that plays a central role in its financial system.
Russia is reeling from massive financial sanctions, while Ukraine’s financial system is battered but remains functional, and the EU and global financi
In fighting anti-money laundering, the European Commission should act fast toward creating a central supervisory authority.