Identifier
Created
Classification
Origin
07THEHAGUE614
2007-04-03 05:56:00
SECRET
Embassy The Hague
Cable title:
DUTCH SERIOUS ABOUT UNSCR 1747 IMPLEMENTATION
how-toVZCZCXRO2549 OO RUEHAG RUEHROV DE RUEHTC #0614 0930556 ZNY SSSSS ZZH O 030556Z APR 07 FM AMEMBASSY THE HAGUE TO RUEHC/SECSTATE WASHDC IMMEDIATE 8721 INFO RUCNMEM/EU MEMBER STATES COLLECTIVE PRIORITY RUEHAD/AMEMBASSY ABU DHABI PRIORITY 0157 RUEHAK/AMEMBASSY ANKARA PRIORITY 0640 RUEHSW/AMEMBASSY BERN PRIORITY 4074 RUEHBY/AMEMBASSY CANBERRA PRIORITY 2644 RUEHLM/AMEMBASSY COLOMBO PRIORITY 0500 RUEHKA/AMEMBASSY DHAKA PRIORITY 0185 RUEHIL/AMEMBASSY ISLAMABAD PRIORITY 0997 RUEHMK/AMEMBASSY MANAMA PRIORITY 0224 RUEHNE/AMEMBASSY NEW DELHI PRIORITY 0578 RUEHNY/AMEMBASSY OSLO PRIORITY 4966 RUEHUL/AMEMBASSY SEOUL PRIORITY 1363 RUEHKO/AMEMBASSY TOKYO PRIORITY 1754 RUEHTRO/AMEMBASSY TRIPOLI PRIORITY RUEHYE/AMEMBASSY YEREVAN PRIORITY 0031 RUEHDE/AMCONSUL DUBAI PRIORITY 0112 RUEHFT/AMCONSUL FRANKFURT PRIORITY 3708 RUEHIT/AMCONSUL ISTANBUL PRIORITY 0197 RUEHKP/AMCONSUL KARACHI PRIORITY 0015 RUEHBN/AMCONSUL MELBOURNE PRIORITY 0003 RUEHMIL/AMCONSUL MILAN PRIORITY 0218 RUEHBI/AMCONSUL MUMBAI PRIORITY 0046 RUEHUNV/USMISSION UNVIE VIENNA PRIORITY 0125 RUEHBS/USEU BRUSSELS PRIORITY 0461 RUEAIIA/CIA WASHDC PRIORITY RHEHNSC/NSC WASHDC PRIORITY RUEKJCS/SECDEF WASHDC PRIORITY RUEATRS/DEPT OF TREASURY WASHDC PRIORITY RUCNDT/USMISSION USUN NEW YORK PRIORITY 4257 RHEHAAA/WHITE HOUSE WASHDC PRIORITY
S E C R E T THE HAGUE 000614
SIPDIS
SIPDIS
STATE FOR EUR/UBI, EUR/PGI
STATE ALSO FOR ISN/CPI, IO/T, NEA, EEB
TREASURY FOR TFFC AND OFAC
E.O. 12958: DECL: 04/02/2017
TAGS: KNNP EFIN PARM ETTC PREL IAEA MNUC TRGY UNSC
IR, NL
SUBJECT: DUTCH SERIOUS ABOUT UNSCR 1747 IMPLEMENTATION
REF:
A. STATE 40909
B. STATE 40440
C. STATE 37801
D. THE HAGUE 566
Classified By: Economic Counselor Karen Enstrom,
reasons 1.4 (b) and (d)
S E C R E T THE HAGUE 000614
SIPDIS
SIPDIS
STATE FOR EUR/UBI, EUR/PGI
STATE ALSO FOR ISN/CPI, IO/T, NEA, EEB
TREASURY FOR TFFC AND OFAC
E.O. 12958: DECL: 04/02/2017
TAGS: KNNP EFIN PARM ETTC PREL IAEA MNUC TRGY UNSC
IR, NL
SUBJECT: DUTCH SERIOUS ABOUT UNSCR 1747 IMPLEMENTATION
REF:
A. STATE 40909
B. STATE 40440
C. STATE 37801
D. THE HAGUE 566
Classified By: Economic Counselor Karen Enstrom,
reasons 1.4 (b) and (d)
1. (C) Econoff shared on April 2 ref A nonpaper on the U.S.
designation of Iran's Defense Industries Organization with
Anne-Chris Visser, Senior Policy Advisor, Financial Integrity
Division, Dutch Finance Ministry and Dutch Foreign Affairs
officials Huib Mijnerands, Senior Policy Advisor responsible
for sanction issues, and Joost van Ettro, Policy Advisor,
both in the Terrorism and New Threats Unit, Political Affairs
Department. On March 27, EconCouns discussed ref C points
with Mijnerands, who said the GONL had welcomed the adoption
of UNSCR 1747 as a clear signal of the international
community's willingness to take serious actions regarding
Iran. He was confident that EU implementation of UNSCR 1747
(and the formation of a common EU position and relevant
implementing regulations) would move forward quickly given
the work that had already been done on UNSCR 1737.
2. (S) In response to ref B, Dutch banks ING and ABN Amro
emphasized in separate meetings on March 8 with Treasury
Under Secretary Stuart Levey the limited nature of their
business with Iran. Rijkman Groenink, Chairman of the
Managing Board, told U/S Levey that ABN Amro was ceasing all
business with Iran and would not process U-turn transactions
for any Iranian bank. According to Carin Gorter, Senior Vice
President for Compliance and Legal, ABN Amro had closed all
but 16 Iran-related accounts, and these would be closed
within a few months.
3. (C) ING's Deputy Chief Risk Officer, Koos Timmermans,
told U/S Levey ING had blocked all accounts with Bank Sepah,
and that ING had less than a basis point of business in
Iran, no retail business, and no branch office in the
country. The remaining business was based on contractual
obligations with customers having global export operations.
He said ING was not actively seeking Iran business and its
compliance department was carefully monitoring the risks of
such business, including reputational risk.
4. (U) See ref D for additional reporting on U/S/ Levey's
meetings with GONL and ABN Amro and ING representatives.
BLAKEMAN
SIPDIS
SIPDIS
STATE FOR EUR/UBI, EUR/PGI
STATE ALSO FOR ISN/CPI, IO/T, NEA, EEB
TREASURY FOR TFFC AND OFAC
E.O. 12958: DECL: 04/02/2017
TAGS: KNNP EFIN PARM ETTC PREL IAEA MNUC TRGY UNSC
IR, NL
SUBJECT: DUTCH SERIOUS ABOUT UNSCR 1747 IMPLEMENTATION
REF:
A. STATE 40909
B. STATE 40440
C. STATE 37801
D. THE HAGUE 566
Classified By: Economic Counselor Karen Enstrom,
reasons 1.4 (b) and (d)
1. (C) Econoff shared on April 2 ref A nonpaper on the U.S.
designation of Iran's Defense Industries Organization with
Anne-Chris Visser, Senior Policy Advisor, Financial Integrity
Division, Dutch Finance Ministry and Dutch Foreign Affairs
officials Huib Mijnerands, Senior Policy Advisor responsible
for sanction issues, and Joost van Ettro, Policy Advisor,
both in the Terrorism and New Threats Unit, Political Affairs
Department. On March 27, EconCouns discussed ref C points
with Mijnerands, who said the GONL had welcomed the adoption
of UNSCR 1747 as a clear signal of the international
community's willingness to take serious actions regarding
Iran. He was confident that EU implementation of UNSCR 1747
(and the formation of a common EU position and relevant
implementing regulations) would move forward quickly given
the work that had already been done on UNSCR 1737.
2. (S) In response to ref B, Dutch banks ING and ABN Amro
emphasized in separate meetings on March 8 with Treasury
Under Secretary Stuart Levey the limited nature of their
business with Iran. Rijkman Groenink, Chairman of the
Managing Board, told U/S Levey that ABN Amro was ceasing all
business with Iran and would not process U-turn transactions
for any Iranian bank. According to Carin Gorter, Senior Vice
President for Compliance and Legal, ABN Amro had closed all
but 16 Iran-related accounts, and these would be closed
within a few months.
3. (C) ING's Deputy Chief Risk Officer, Koos Timmermans,
told U/S Levey ING had blocked all accounts with Bank Sepah,
and that ING had less than a basis point of business in
Iran, no retail business, and no branch office in the
country. The remaining business was based on contractual
obligations with customers having global export operations.
He said ING was not actively seeking Iran business and its
compliance department was carefully monitoring the risks of
such business, including reputational risk.
4. (U) See ref D for additional reporting on U/S/ Levey's
meetings with GONL and ABN Amro and ING representatives.
BLAKEMAN