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remittances

MoneyGram has agreed to pay to the US Treasury via the Office of Foreign Assets Control the sum of USD34,328.78 "to settle its potential civil liability for 359 apparent" breaches. So, the US government once more says "give us money and we won't sue you so you get named and shamed but no actual criminal record.

BIScom Subsection: 

A notice from the central bank of the Philippines (Bangko Sentral ng Pilipinas, "BSP") has told operators of pawnshops that the must get their house in order with amendments to the relevant regulations.

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.

BIScom Subsection: