Keep Us Strong WikiLeaks logo

Currently released so far... 97115 / 251,287

Articles

Browse latest releases

Browse by creation date

Browse by origin

A B C D F G H I J K L M N O P Q R S T U V W Y Z

Browse by tag

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
ETRD EAGR ETTC EAID ECON EFIN ECIN EINV ELAB EAIR ENRG EPET EWWT ECPS EIND EMIN ELTN EC ETMIN EUC EZ ET ELECTIONS ENVR EU EUN EG EINT ER ECONOMICS ES EMS ENIV EEB EN ECE ECOSOC EK ENVIRONMENT EFIS EI EWT ENGRD ECPSN EXIM EIAD ERIN ECPC EDEV ENGY ECTRD EPA ESTH ECCT EINVECON ENGR ERTD EUR EAP EWWC ELTD EL EXIMOPIC EXTERNAL ETRDEC ESCAP ECO EGAD ELNT ECONOMIC ENV ETRN EIAR EUMEM ENRGPARMOTRASENVKGHGPGOVECONTSPLEAID EREL ECOM ECONETRDEAGRJA ETCC ETRG ECONOMY EMED ETR ENERG EITC EFINOECD EURM EENG ERA EXPORT ENRD ECONEINVETRDEFINELABETRDKTDBPGOVOPIC EGEN EBRD EVIN ETRAD ECOWAS EFTA ECONETRDBESPAR EGOVSY EPIN EID ECONENRG EDRC ESENV ETT EB ENER ELTNSNAR ECHEVARRIA ETRC EPIT EDUC ESA EFI ENRGY ESCI EE EAIDXMXAXBXFFR EETC ECIP EIAID EIVN EBEXP ESTN EING EGOV ETRA EPETEIND ELAN ETRDGK EAIDRW ETRDEINVECINPGOVCS EPEC ENVI ELN EAG EPCS EPRT EPTED ETRB EUM EAIDS EFIC EFINECONEAIDUNGAGM EAIDAR ESF EIDN ELAM EDU EV EAIDAF ECN EDA EXBS EINTECPS ENRGTRGYETRDBEXPBTIOSZ EPREL EAC EINVEFIN ETA EAGER EINDIR ECA ECLAC ELAP EITI EUCOM ECONEFINETRDPGOVEAGRPTERKTFNKCRMEAID EARG ELDIN EINVKSCA ENNP EFINECONCS EFINTS ECCP ETC EAIRASECCASCID EINN ETRP EAIDNI EFQ ECOQKPKO EGPHUM EBUD ECONEINVEFINPGOVIZ ENERGY ELB EINDETRD EMI ECONEFIN EIB EURN ETRDEINVTINTCS EIN EFIM ETIO ELAINE EMN EATO EWTR EIPR EINVETC ETTD ETDR EIQ ECONCS EPPD ENRGIZ EISL ESPINOSA ELEC EAIG ESLCO EUREM ENTG ERD EINVECONSENVCSJA EEPET EUNCH ECINECONCS ETRO ETRDECONWTOCS ECUN EFND EPECO EAIRECONRP ERGR ETRDPGOV ECPN ENRGMO EPWR EET EAIS EAGRE EDUARDO EAGRRP EAIDPHUMPRELUG EICN ECONQH EVN EGHG ELBR EINF EAIDHO EENV ETEX ERNG ED
KMDR KPAO KPKO KJUS KCRM KGHG KFRD KWMN KDEM KTFN KHIV KGIC KIDE KSCA KNNP KHUM KIPR KSUM KISL KIRF KCOR KRCM KPAL KWBG KN KS KOMC KSEP KFLU KPWR KTIA KSEO KMPI KHLS KICC KSTH KMCA KVPR KPRM KE KU KZ KFLO KSAF KTIP KTEX KBCT KOCI KOLY KOR KAWC KACT KUNR KTDB KSTC KLIG KSKN KNN KCFE KCIP KGHA KHDP KPOW KUNC KDRL KV KPREL KCRS KPOL KRVC KRIM KGIT KWIR KT KIRC KOMO KRFD KUWAIT KG KFIN KSCI KTFIN KFTN KGOV KPRV KSAC KGIV KCRIM KPIR KSOC KBIO KW KGLB KMWN KPO KFSC KSEAO KSTCPL KSI KPRP KREC KFPC KUNH KCSA KMRS KNDP KR KICCPUR KPPAO KCSY KTBT KCIS KNEP KFRDCVISCMGTCASCKOCIASECPHUMSMIGEG KNNB KGCC KINR KPOP KMFO KENV KNAR KVIR KDRG KDMR KFCE KNAO KDEN KGCN KICA KIMMITT KMCC KLFU KMSG KSEC KUM KCUL KMNP KSMT KCOM KOMCSG KSPR KPMI KRAD KIND KCRP KAUST KWAWC KTER KCHG KRDP KPAS KITA KTSC KPAOPREL KWGB KIRP KJUST KMIG KLAB KTFR KSEI KSTT KAPO KSTS KLSO KWNN KPOA KHSA KNPP KPAONZ KBTS KWWW KY KJRE KPAOKMDRKE KCRCM KSCS KWMNCI KESO KWUN KPLS KIIP KEDEM KPAOY KRIF KGICKS KREF KTRD KFRDSOCIRO KTAO KJU KWMNPHUMPRELKPAOZW KEN KO KNEI KEMR KKIV KEAI KWAC KRCIM KWCI KFIU KWIC KCORR KOMS KNNO KPAI KBWG KTTB KTBD KTIALG KILS KFEM KTDM KESS KNUC KPA KOMCCO KCEM KRCS KWBGSY KNPPIS KNNPMNUC KWN KERG KLTN KALM KCCP KSUMPHUM KREL KGH KLIP KTLA KAWK KWMM KVRP KVRC KAID KSLG KDEMK KX KIF KNPR KCFC KFTFN KTFM KPDD KCERS KMOC KDEMAF KMEPI KEMS KDRM KEPREL KBTR KEDU KNP KIRL KNNR KMPT KISLPINR KTPN KA KJUSTH KPIN KDEV KTDD KAKA KFRP KWNM KTSD KINL KJUSKUNR KWWMN KECF KWBC KPRO KVBL KOM KFRDKIRFCVISCMGTKOCIASECPHUMSMIGEG KEDM KFLD KLPM KRGY KNNF KICR KIFR KM KWMNCS KAWS KLAP KPAK KDDG KCGC KID KNSD KMPF KPFO KDP KCMR KRMS KNPT KNNNP KTIAPARM KDTB KNUP KPGOV KNAP KNNC KUK KSRE KREISLER KIVP KQ KTIAEUN KPALAOIS KRM KISLAO KWM KFLOA
PHUM PINR PTER PGOV PREL PREF PL PM PHSA PE PARM PINS PK PUNE PO PALESTINIAN PU PBTS PROP PTBS POL POLI PA PGOVZI POLMIL POLITICAL PARTIES POLM PD POLITICS POLICY PAS PMIL PINT PNAT PV PKO PPOL PERSONS PING PBIO PH PETR PARMS PRES PCON PETERS PRELBR PT PLAB PP PAK PDEM PKPA PSOCI PF PLO PTERM PJUS PSOE PELOSI PROPERTY PGOVPREL PARP PRL PNIR PHUMKPAL PG PREZ PGIC PBOV PAO PKK PROV PHSAK PHUMPREL PROTECTION PGOVBL PSI PRELPK PGOVENRG PUM PRELKPKO PATTY PSOC PRIVATIZATION PRELSP PGOVEAIDUKNOSWGMHUCANLLHFRSPITNZ PMIG PREC PAIGH PROG PSHA PARK PETER POG PHUS PPREL PS PTERPREL PRELPGOV POV PKPO PGOVECON POUS PGOVPRELPHUMPREFSMIGELABEAIDKCRMKWMN PWBG PMAR PREM PAR PNR PRELPGOVEAIDECONEINVBEXPSCULOIIPBTIO PARMIR PGOVGM PHUH PARTM PN PRE PTE PY POLUN PPEL PDOV PGOVSOCI PIRF PGOVPM PBST PRELEVU PGOR PBTSRU PRM PRELKPAOIZ PGVO PERL PGOC PAGR PMIN PHUMR PVIP PPD PGV PRAM PINL PKPAL PTERE PGOF PINO PHAS PODC PRHUM PHUMA PREO PPA PEPFAR PGO PRGOV PAC PRESL PORG PKFK PEPR PRELP PREFA PNG PGOVPHUMKPAO PRELECON PINOCHET PFOR PGOVLO PHUMBA PRELC PREK PHUME PHJM POLINT PGOVPZ PGOVKCRM PGOVE PHALANAGE PARTY PECON PEACE PROCESS PLN PRELSW PAHO PEDRO PRELA PASS PPAO PGPV PNUM PCUL PGGV PSA PGOVSMIGKCRMKWMNPHUMCVISKFRDCA PGIV PRFE POGOV PEL PBT PAMQ PINF PSEPC POSTS PHUMPGOV PVOV PHSAPREL PROLIFERATION PENA PRELTBIOBA PIN PRELL PGOVPTER PHAM PHYTRP PTEL PTERPGOV PHARM PROTESTS PRELAF PKBL PRELKPAO PKNP PARMP PHUML PFOV PERM PUOS PRELGOV PHUMPTER PARAGRAPH PERURENA PBTSEWWT PCI PETROL PINSO PINSCE PQL PEREZ PBS

Browse by classification

Community resources

courage is contagious

Viewing cable 07OTTAWA105, MEETING WITH FINANCE CANADA OFFICIALS RAISES

If you are new to these pages, please read an introduction on the structure of a cable as well as how to discuss them with others. See also the FAQs

Understanding cables
Every cable message consists of three parts:
  • The top box shows each cables unique reference number, when and by whom it originally was sent, and what its initial classification was.
  • The middle box contains the header information that is associated with the cable. It includes information about the receiver(s) as well as a general subject.
  • The bottom box presents the body of the cable. The opening can contain a more specific subject, references to other cables (browse by origin to find them) or additional comment. This is followed by the main contents of the cable: a summary, a collection of specific topics and a comment section.
To understand the justification used for the classification of each cable, please use this WikiSource article as reference.

Discussing cables
If you find meaningful or important information in a cable, please link directly to its unique reference number. Linking to a specific paragraph in the body of a cable is also possible by copying the appropriate link (to be found at theparagraph symbol). Please mark messages for social networking services like Twitter with the hash tags #cablegate and a hash containing the reference ID e.g. #07OTTAWA105.
Reference ID Created Released Classification Origin
07OTTAWA105 2007-01-19 23:29 2011-04-28 00:00 UNCLASSIFIED//FOR OFFICIAL USE ONLY Embassy Ottawa
VZCZCXRO3485
OO RUEHGA RUEHHA RUEHQU RUEHRN RUEHVC
DE RUEHOT #0105/01 0192329
ZNR UUUUU ZZH
O 192329Z JAN 07
FM AMEMBASSY OTTAWA
TO RUEHC/SECSTATE WASHDC IMMEDIATE 4805
INFO RUCNCAN/ALL CANADIAN POSTS COLLECTIVE
RUEHSS/OECD POSTS COLLECTIVE
RUEHGB/AMEMBASSY BAGHDAD 0063
RUEHKH/AMEMBASSY KHARTOUM
RUEHGO/AMEMBASSY RANGOON 0442
RUEHUB/USINT HAVANA 0014
RUCPDOC/DEPT OF COMMERCE WASHDC
RUEATRS/DEPT OF TREASURY WASH DC
UNCLAS SECTION 01 OF 02 OTTAWA 000105 
 
SIPDIS 
 
SENSITIVE 
SIPDIS 
 
STATE FOR EB/ESC/TFS; WHA/CAN; L/EB (HEINEMANN) 
TREASURY FOR OFAC SEAN THORNTON 
 
E.O. 12958: N/A 
TAGS: CA EFIN KTFN PINS PTER
SUBJECT: MEETING WITH FINANCE CANADA OFFICIALS RAISES 
QUESTIONS 
 
REF: A. OTTAWA 0085 
 
     B. TORONTO 0021 (NOTAL) 
 
Sensitive but Unclassified.  Please protect accordingly. 
 
1. (SBU) Summary and action request:  A meeting with the 
Director General, Financial Sector Policy Branch of Finance 
Canada allowed ECON Minister-Counselor to raise USG concerns 
about mischaracterizations of USG policy that have recently 
appeared in the Canadian press after disclosure that the 
Royal Bank of Canada (RBC) has closed U.S. dollar checking 
accounts of Canadians who are also nationals of Iran, Iraq, 
Cuba, Sudan, North Korea or Burma (Ref A).  The Embassy also 
reviewed the USG regulatory stance on dollar-denominated 
accounts in Canadian banks and received a key question from 
the Canadians.  They asked for clarification of the 
definition of &operating8 in the Embassy statement which 
will appear in Toronto,s Globe and Mail newspaper &that 
Foreign Financial institutions operating in the United States 
are required to abide by U.S. law, including restrictions 
based on U.S. economic sanctions.8  Post requests response 
to the action request ASAP as we understand that other 
Canadian banks could soon feel U.S. regulatory heat, which 
may serve to generate another media firestorm on this issue. 
End summary and action request. 
 
2. (SBU) On January 18, ECON Minister-Counselor and ECON 
staff met with Jeremy Rudin, Director General of the 
Financial Sector Policy Branch of Finance Canada.  The 
meeting was precipitated by Embassy concerns about 
mischaracterizations of USG policy that have recently 
appeared in Canadian press (Ref A) and allowed the 
Minister-Counselor to clarify the USG regulatory stance on 
dollar-denominated accounts in Canadian banks.  He explained 
that the United States has no sanctions laws that prohibit 
residents of Canada from opening a U.S. dollar-denominated 
account in a Canadian owned or controlled bank in Canada 
simply on the basis of their citizenship.  He added that U.S. 
regulations against terrorist financing and money laundering 
are very specific and focused. 
 
3.  (SBU) Rudin asked whether RBC,s difficulties with U.S. 
regulators stemmed solely from how RBC structures its U.S 
dollar accounts, essentially as &pass-through8 accounts at 
its subsidiary New York City Branch, and whether a bank that 
uses another arrangement for clearing and settlement of USD 
accounts would incur similar obligations/scrutiny from US 
regulators.  Essentially, Rudin asked for a definition of 
what &operating8 in the United States means for a foreign 
financial institution since our position is that &Foreign 
Financial institutions operating in the United States are 
required to abide by U.S. law, including restrictions based 
on U.S. economic sanctions8.  Rudin noted that the Canadian 
Finance Attache in Washington met with U.S. Treasury 
officials on January 18 to discuss RBC and raised the same 
question.  Rudin also told us that U.S. Treasury officials 
plan to conduct outreach activities soon with the Canadian 
Bankers Association to further clarify USG rules as they 
could affect Canadian banks. 
 
4. (SBU) With specific reference to the RBC case, Rudin said 
that the GoC had not been aware of the bank,s actions to 
close U.S. dollar accounts until this was made public in the 
Qpress, but he added that the bank could take such actions on 
its own and these would not have to be notified to Canadian 
authorities. 
 
5. (U) Other Finance Canada staff who attended were: Lynn 
Hemmings, Chief, Financial Sector Division; Dan Colof, Senior 
Chief, Financial Sector Division; Beth Woloski, Chief, 
Consumer Issues. 
 
6. (U) Text of Embassy letter (cleared by Treasury and State): 
 
Editor 
The Globe and Mail 
Toronto, Ontario 
 
With regard to your story of January 18, 2007 (&RBC moves to 
quell fury over U.S.-dollar accounts8), there is no U.S. 
 
OTTAWA 00000105  002 OF 002 
 
 
sanctions law that bars foreign citizens who permanently 
reside in the United States from opening a U.S. bank account, 
simply because they are from a certain country.  There is 
also no U.S. sanctions law that prohibits residents of Canada 
from opening a U.S. dollar-denominated account in a Canadian 
owned or controlled bank in Canada simply on the basis of 
their citizenship. 
 
The United States does have laws to protect the integrity of 
its financial institutions from illicit activities.  Canada 
and many other democratic countries have similar laws.  We 
want to ensure that U.S. banks are not used to support 
terrorist activities, organized crime or drug trafficking. 
Some of our laws and regulations, for example, restrict the 
flow of money from the United States to countries that the 
U.S. deems to be engaged in terrorism or supporting 
terrorism.  That seems only sensible. 
 
Foreign financial institutions operating in the United States 
are required to abide by U.S. law, including restrictions 
based on U.S. economic sanctions.   Absent a U.S. connection, 
however, we would expect foreign financial institutions to 
make an appropriate risk assessment to decide which business 
relationships they are willing to take on.  But that is their 
choice, not ours.  The U.S. Treasury,s Office of Foreign 
Assets Control (&OFAC8) publishes a great deal of 
information and guidance for the financial sector on its 
website. 
 
 
Sincerely, 
 
Brian J. Mohler 
Minister-Counselor for Economic Affairs 
Embassy of the United States of America 
Ottawa. 
 
End text. 
 
 
Visit Canada's Classified Web Site at 
http://www.state.sgov.gov/p/wha/ottawa 
 
WILKINS