January 14, 2008
Distinguished Professor and Scholar Michael P. Malloy has been enforcing and writing about economic sanctions for more than 30 years.
The former Department of the Treasury official is the author of two well-known books and many articles about international economic sanctions. In early January, Malloy received an e-mail from Mashaallah Niasari, a Ph.D. student of private law at the University of Shahid Beheshti in Tehran, Iran. Niasari's research is on the comparative study of banking regulation. Niasari wrote that Malloy's Principles of BankRegulation is one of the best books on the subject, but it is unavailable in Iran. He requested a copy of the book for research purposes. But, as Malloy well knows, Iran is subject to exportation prohibitions under the Treasury Department's Iranian Transaction Regulations. Fortunately, export of "informational materials" -- including publications -- is exempt from these prohibitions. And so the McGeorge professor has arranged with his publisher to contribute a copy of his bank regulation text to the University of Shahid Beheshti. "Advanced research rises above the vagaries of international politics," said Malloy.