seminar - why financial crime compliance and risk management fails

 

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No-deal Brexit would hit south-eastern European economies hardest among EBRD regions, says the European Bank for Reconstruction and Development (EBRD) in a surprising counter-point to the position espoused by the EU generally .

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Recent action in Malaysia is making it clear: cash exceeding relatively small amounts is unwelcome. It's not

A notice, relating to the findings of the Financial Action Task Force relating to deficiencies in the counter-money laundering / anti-terrorist financing regimes of several jurisdictions, has been issued by the USA's Financial Crimes Enforcement Network, FinCEN.

Any aeroplane crash is newsworthy. Media organisations, bloggers and opportunists race to publish anything, just so long as it gets picked up by major search engines within minutes. Even venerable reporting organisations fall into the trap of just getting something, anything onto their website so they don't seem to be behind. Grabbing eyeballs is the primary objective. But as the BBC found out yesterday, sometimes that rush to publish leads to questionable content....

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News is breaking as we write of the loss of flight JT610, a Boeing 737 Max 8, the Seattle company's latest variant of its most popular aircraft. The aircraft operated by Lion Air, which has one of the newest fleets of aircraft in the industry, left Jakarta a short while ago and disappeared over the sea en route to Pangkal Pinang in the Bangka Belitung Islands.

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The iconic fashion boots UGG are famously Australian.

Or so consumers were falsely told by Ozwear Connection, a wholesaler of footwear and accessories in Australia.

And then there's the question of exactly what is an "ugg" boot.

As Asia continues to struggle to come to terms with a series of enormous natural disasters, the USA's Inland Revenue Service has come up with a scheme to help victims of similar events. It appears to be a groundbreaking idea that can offer some genuine assistance - if it's done right.

Source: U.S. Department of Homeland Security US-CERT

National Cyber Awareness System:
AA18-284A: Publicly Available Tools Seen in Cyber Incidents Worldwide [ https://www.us-cert.gov/ncas/a... ] 11/10/2018 11:19 AM EDT
Original release date: 11 October, 2018

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Long, long ago we wrote about a distasteful case where a male customer had ordered a cake bearing a slogan that was a) illegal and b) offensive to the owner of the bakery. He refused, backed with public money, the customer alleged discrimination. Starting with a tribunal and running through The case, incredibly, has ended up in the Supreme Court where, on Tuesday, an outbreak of legal reasoning produced the only judgment that true reason could have conceived of.

The position relating to PEPs has always been complex but Unexplained Wealth Orders are about to take that complexity to a level previously unthought of.

Bahrain International Airport has a latest check-in time after which check-desks will be closed.

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The UK is undergoing a revolution in how legal advice is provided. After decades of de-regulation which has resulted in many areas of law that were covered by solicitors, supposed improvements have allowed many who are not specifically qualified as lawyers to provide advice and assistance. Add in the ever-more restrictive legal aid scheme and it's no surprise that some people turn to non-lawyers for help. Enter the dangerous world of the "professional McKenzie Friend."

California Attorney General Xavier Becerra is very active in a wide range of litigation supporting a wide range of opinions. Here are five things he's supporting now.


Tokyo's famed Tsukiji Fish Market closes for the last time in October 2018. The last trade-only auction that allowed in visitors was on 15th September. The last full trading session was on the 6th October. Nigel Morris-Cotterill photographed the wholesale market and the "outer market" in the last days before the wholesale market was closed.

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