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Thought of the Day

We want to have our supervisory officers physically inside [the top for banks plus AMP] by the end of this month.
-- James Shipton, chairman ASIC, 7 August 2018

The New Zealand Financial Markets Authority warns that the period for filing annual counter-money laundering and anti-terrorist financing (they call it AML/CTF) reports expired on 31 August.

See https://fma.govt.nz/compliance... for more information.

In conclusion, the Team is unable to determine the real cause for the disappearance of MH370.
-- Malaysia's "final" report into the loss of MH270

The real story is foreign interference in American elections
-- Julie Christie in Power, 1986

Malaysia's Abdul Razak MUSA appears before a Coroner's Court. He later became the Attorney General who found that PM Najib and others had no case to answer over 1MDB.

One way cryptoassets differ from other sources of wealth is that the evidence trail behind transactions may be weaker. This does not justify applying a different evidential test on the source of wealth and we expect firms to exercise particular care in these cases.

-- UK Financial Conduct Authority - Dear CEO letter 11 June 2018

In California restaurants had signs that read, “No dogs or Mexicans allowed.” As a young man [my father] couldn’t benefit from his status as a US citizen. He couldn’t eat at a restaurant, some of the very food that he had harvested with his hands.

- California's Attornery-General Xavier Becarra on historical racism in California

Lloyds Bank receives over 2.5m log ons per day with 75% from a mobile or tablet.

Clouds continue to gather over Najib Razak's landmark 1MDB project Tun Razak Exchange in Kuala Lumpur.

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