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An anonymous posting, purporting to be by a solicitor in private practice, has appeared on the website of The Law Society's Gazette, the organ of the Law Society of England and Wales. If there was ever a reason to question the quality of the profession, this is probably high on the list.

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The USA's Internal Revenue Service and the Financial Crimes Enforcement Network (FinCEN) have announced that a small subset of individuals with only signature authority required to file the Report of Foreign Bank and Financial Accounts (FBARs) will receive a one-year extension beyond the previously notified filing date of 30 June, 2011.

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Three people have been arrested, and cash, goods and items used in the commission of offences seized in Hong Kong as police investigate a rapid-fire ATM scam involving data written to mag stripe cards and used in just two ATMs over a two week period.

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Today is the 17th May. It's Tuesday. But in the USA, even on the East Coast, it's still Monday evening. That makes the deluge of enforcement announcements that the SEC has issued in the past few hours all the more impressive. Less impressive is that some related to action more than a week ago, and in some cases in February 2011 which renders them of less value for due diligence purposes where freezing orders have been obtained.

The Philippines Central Bank, Bangko Sentral ng Pilipinas, says that is has seen continued growth in remittances from Filipino workers overseas as the effects of the global financial crisis are factored out - but in March, the rate of growth was slower than in February.

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When the UK started charging purchase tax on cars, Colin Chapman found a loophole: if he sold his Lotus cars in kit form, buyers did not have to pay the tax. Caterham Cars started their business as an early - perhaps the first - dealer for Lotus Cars, building kits of the Lotus Seven for customers who didn't trust themselves to build the car from a kit.

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When a private investigator approached a "friend" who worked in a bank and asked for information relating to the accounts of a politician, the clerk was willing to help. She says she thought she was helping the police when "Ramesh" asked for the information. It's the first prosecution of its kind in Malaysia.

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As the USA's crisis over the failure of Congress to finalise a Federal budget, the US Federal Courts system is one of those on the front line. What will happen if Congress fails to solve the problem tomorrow (8 April).

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Canada is a wonderfully peaceful place - most of the time. But outlaw motorcycle gangs and widespread cannabis cultivation are omnipresent threats. No one expected to find similar problems in New Zealand - until yesterday.

As off-site storage of hard copies becomes more common - as does outsourcing of document destruction - the question of liability for loss and / or security breaches becomes ever more important. A US insurance company has designed a policy specifically for that industry.

Desiree Brown, the former treasurer of a private mortgage lending company, Taylor, Bean & Whitaker (TBW), has pleaded guilty to conspiring to commit bank, wire and securities fraud for her role in a more than USD1,900 million fraud scheme that contributed to the failures of Colonial Bank and TBW.

SAAB, now free of its GM constraints and in ownership of specialist sports car maker Spyker is to reintroduce the Griffin, this time as a variant of the new 9-3 model

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Authorities in the UK and Switzerland are taking steps to freeze bank accounts and other assets owned or controlled by or connected to Libya's Colonel Gadhafi, his relatives and associates.

It sometimes seems as if the one company you don't want to be if you are a car maker is Toyota. Having admitted last year that it put innovation and a rush to market ahead of its traditionally prudent, quality driven, commercial strategy, the announcement that it more than a million and a half cars have faults requiring recall causes yet more damage to the company's once mighty reputation.

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A fascinating case in Massachusetts, USA, has defined, in that state but with persuasive force elsewhere, the question of when a person is "practising law." It has widespread implications: struck off or suspended lawyers are effectively banned from earning a living from their accumulated skill and knowledge while lay advisers are free to offer the same services even without the same skills and experience.

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