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Let's accept for a moment that, good as it is, data from commercial flight-tracking services is not 100% authoritative. But it is certainly extremely persuasive. The data that was made available immediately after the crash of Ethiopian Airways flight 302 showed a remarkable similarity to similar data published after the crash of Lion Air JT610. As more and more countries banned B787 MAX, the FAA supported Boeing. Boeing said "we stand by our aircraft." Then even more compelling evidence of similarity between the crashes emerged.

CoNet Section: 

OK, so the headline's a bit click-baity. This is what happened: a pal and I were chatting about Deutsch Bank and he said that he wondered what investigators might find about Trump and his dealings with Russia.

CoNet Section: 

It's a story that has grabbed the headlines - a week after it was first published. One suspects that there was much fact-checking going on before a New York Times article that says US President Trump "participated..in outright fraud," a statement of such extraordinary bluntness that the mere fact that it appears in print is at least as shocking as the allegation itself. There are so many things to consider but in FinancialCrimeRiskOfficers.com, we are interested in a relatively narrow aspect of the story...

FCRO Subsection: 

There's history: Malaysia Airlines's fleet used to be almost entirely Boeing. Because there were almost no components common to more than one Boeing model, stocks of parts were enormous and that translated to vast amounts of capital tied up in warehouses. AirAsia, however, like many low-cost airlines, capitalised on the fact that there are many common parts across the Airbus A300 series which means that stock costs (and the space to keep them) can be significantly smaller. Malaysia Airlines began to restructure its fleet. Then, at the height of the 1MDB scandal, the government-linked flag carrier announced it was going to buy Boeing again. And then something interesting happened in the 1MBD investigation in the USA. Current PM Mahathir and his graft-busting team need to take a look at what went on.

CoNet Section: 

A notice from the USA's Office of Business, Industry and Security (BIS) starts "Control of Firearms, Guns, Ammunition and Related Articles the President
Determines No" but the pleasure of reading that is lost when, on scrolling down, the unfortunate spacing in the notice reveals that it's an incomplete sentence and it goes on "Longer Warrant Control under the United States Munitions List (USML)." It's a proposal, published as a "Commerce proposed rule, Control of Firearms, Guns, Ammunition and Related Articles the President Determines No Longer Warrant Control under the United States Munitions List (USML) published in the Federal Register on 24 May, 2018." Far from the idea that Trump might be having second thoughts about gun control, he actually plans to arm the world with the very...

As the US bill to roll-back the Dodd-Frank reforms that were designed, amongst other things, to stabilise banks to protect them from failure is sent to the President, who promoted it, for signature, BankingInsuranceSecurities.com points out one statistic that might indicate how successful Dodd-Frank has been and why the changes increase the USA's risk profile.

BIScom Subsection: 

Sanctions have long been a political tool for the USA and they work in many different ways. Chinese telecoms giant ZTE has found itself almost a proxy in the USA's battle with Iran but there are other complexities, too. The result is that President Trump is finding that politics has far more nuance than he thought. The place where he's chosen to try to remove nuance is sanctions. Anyone who still thinks that Trump can't throw out rule-books that have been used for years is flying in the face of the evidence. It would be unwise to bet against him getting the result he wants this time.


For those that can't be bothered to keep up with US President Trump's online twittering, there are various ways of getting just the gist of what he's up to. One of the most fun is to scan the last 11 or so months of headlines from The Economist. Here are the highlights of his Washington shenanigans. Foreign trade and foreign policy are, often, from another planet and we don't want to go there. Of course, it also allows us to relish the Economist's punny headlines and to ask a basic question: why is someone who is so in favour of the USA's pro-gun lobby so determined to shoot himself in the foot?

CoNet Section: 

Editorial Staff

The war of words between Rocket Man Kim of North Korea and Orange Rug Man Trump of the USA escalated recently when Kim said "I've got the nuclear button on my desk" and Trump responded "I've got a button on my desk and my button's bigger than your button" (or some wording similar to this). It was all a bit of a giggle until Hawaii hit its own button and sent out across the whole GSM network messages to every mobile phone user telling them an attack was imminent and screaming "This is not a drill." We listened into the back channel between The White House and whatever house Kim is in. This is the conversation that never happened.

There has been an enormous reaction to the (allegation?) that US President Trump described two countries and an entire continent as "shit-holes." Amongst the criticisms are that it was "an obscenity" and that his comments are racist. While the jury is still out as to whether he in fact used that term there is absolutely no doubt that, on other occasions, Trump is guilty of both. However, on this occasion he is not and closing speeches need to be based in fact and language and not a knee-jerk, reactionary response which is emotional rather than rational, says Nigel Morris-Cotterill.

As PoTUS Trump continues to ramp up his rhetoric against North Korea and Iran, the FATF recently issued a statement relating to both countries. While there is accord about NoKo, the FATF and the USA do not speak as one with regard to Iran. Is this a problem?

The final (of three) part of World Money Laundering Report's analysis of the Manafort and Gates case and its implications for the financial services and other regulated industries.

Here, in this three part article, World Money Laundering Report examines the charges, the background and the impact on financial services and other regulated businesses.

Editorial Staff

The rising tensions between North Korea and the USA are reaching a desperately disturbing yet ridiculously comical level. Here is a false conversation between the Supreme Leader of each of those countries.

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