Day: December 31, 2020

On 30 December, Crowdfund Insider published an article which also supplies a copy of this Risk Assessment, which says inter alia that banks hold a “medium-high” risk for abuse with Singapore’s status as an international financial centre exposing it to such acts; and that there is no evidence of widespread abuse of digital payment tokens (DPT) or virtual assets/currencies. 

https://www.crowdfundinsider.com/2020/12/170779-singapore-digital-tokens-have-medium-low-risk-when-it-comes-to-terrorism-financing/

Click to access Singapore-Terrorism-Financing-National-Risk-Assessment-2020.pdf

If if you would like to make a (polite) gesture and make a (very) modest contribution to my ongoing with my relocation, removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

On 17 December, RPC reported that the Institute of Chartered Accountants in England and Wales (ICAEW) has updated its guidance on the duty to report misconduct, saying that there are wholesale changes to the requirements and expectations of professionals to report misconduct.  Professionals are now required to make a report when another member has been charged with, or convicted of, a criminal offence. This requirement contrasts previous guidance, where professionals were only required to report on specific offences, such as dishonesty, fraud, cheating, or certain imprisonable offences. Previously, professionals were only required to report where there had been a conviction.

https://www.rpc.co.uk/-/media/rpc/files/perspectives/regulatory/regulatory_update_dec_20.pdf

The guidance is at –

https://www.icaew.com/regulation/complaints-process/your-duty-to-report-misconduct

If if you would like to make a (polite) gesture and make a (very) modest contribution to my ongoing with my relocation, removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y