HIGHEST RISK RADIOACTIVE SOURCES FOR A DIRTY BOMB

While only a limited number of countries maintain stockpiles of fissile material suitable for nuclear weapons—highly enriched uranium (HEU) and separated plutonium—radioactive materials are routinely stored and used throughout the world.  Today, tens of thousands of radiological sources are located in more than 100 countries around the world.  Unlike a nuclear weapon, a dirty bomb would not cause catastrophic levels of death and injury, but depending on its chemistry, form, and location, it could leave billions of dollars of damage due to the costs of evacuation, relocation, and clean-up—and the inevitable follow-on threats could have severe economic and psychological repercussions.

rdd

See: https://www.nti.org/media/documents/Central_Asia_Report_Dec_2018_English.pdf 

NIGERIA: BONDED TERMINALS USED FOR EXTORTION

The New Telegraph on 28th November reported that some bonded terminals being used as holding bays for empty containers in Lagos have become another haven for extortion.  Freight forwarders using some of the bonded terminals said they were being forced to pay before empty containers could be dropped for shipping lines, which own the containers.

https://www.newtelegraphng.com/2018/11/bonded-terminals-as-extortion-bays/

AMENDED EU LIST OF VESSELS ENGAGED IN ILLEGAL, UNREPORTED AND UNREGULATED (IUU) FISHING

EU Regulation 2018/1883/EU has amended the list of vessels engaged in illegal, unreported and unregulated fishing. Listed vessels are subject to the prohibitions and restrictions contained in Article 37 of EU Regulation 1005/2008/EU.

https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:OJ.L_.2018.308.01.0030.01.ENG&toc=OJ:L:2018:308:TOC

https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:OJ.L_.2008.286.01.0001.01.ENG&toc=OJ:L:2008:286:TOC

FinCEN ISSUES REVISED GTO REGULATIONS THAT AIM TO DISCOVER AND PREVENT MONEY LAUNDERING

On 3rd December, the National Law Review published an article saying that on November 15th FinCEN issued its 6th Geographic Targeting Order (GTO) aimed at preventing money laundering in all-cash residential real estate purchases made by legal entities.  Since promulgating its first GTO in 2016, FinCEN has issued revisions and extensions approximately every 6 months.  These latest revisions significantly broaden prior regulations by decreasing the threshold dollar amount, including sales involving cryptocurrencies, and expanding the list of targeted geographic areas.  The GTO applies to all transfers of residential real property purchased without a bank loan by a legal entity for $300,000 or more, using, at least in part, currency or a cashier’s cheque, a certified cheque, a traveller’s cheque, a personal cheque, a business cheque, a money order in any form, a funds transfer, or virtual currency.

https://www.natlawreview.com/article/update-fincen-issues-revised-regulations-aim-to-discover-and-prevent-money

SHIP SANCTIONED FOR NORTH KOREAN COAL SMUGGLING DOCKS IN CHINA

NK News on 4th December reported that the 10,000 tonne, formerly Panamanian-flagged, Hua Fu was sanctioned by the UN in March for its role exporting DPRK coal from North Korea to Vietnam numerous times in 2017.  The ship’s owner – Chang An Shipping and Technology – was also designated as the registered owner, ship manager, and commercial manager.  The ship delivered coal to Cam Pha, and then again loaded coal in the DPRK and attempted to deliver it to Cam Pha, claiming its origin as Nakhodka, despite not having visited any Russian ports for over a year.

https://www.nknews.org/2018/12/ship-sanctioned-for-north-korean-coal-smuggling-docks-in-china/