Treasury Department Official Says Increased Financial Sanctions Coming for North Korea

It only took a decade, but it appears the US government is ready to implement the only US measure I have seen change Kim regime behavior:

The United States will continue to identify and impose sanctions on financial institutions doing business with North Korea so as to cut the communist nation off from the international financial system, a senior U.S. sanctions official said Tuesday.

Assistant Treasury Secretary for Terrorist Financing Daniel Glaser made the remark during a House committee briefing, saying the 2005 sanctions on the Banco Delta Asia (BDA), a bank in Macau, were so successful because it “created a chilling effect” throughout the international financial system.  [Yonhap]

It will be interesting to see how vigorous the financial sanctions will be enforced.