On 30 April, the EU Sanctions blog reported that a federal court in the US has moved to dismiss a claim brought under Title III of the Helms-Burton Act against Teck Resources, Canada’s second largest mining company, by the former owner of a Cuban mining company, former owners of assets latterly used by Teck.
Any modest contributions for my time and ongoing expenses are welcomed! I have a page, where contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y
On 29 April, Irish law firm Matheson published an article saying that the first Irish cross-government plan on implementing reforms to tackle economic crime and corruption was published by the Department of Justice on 19 April. The Action Plans sets an ambitious deadline of 18 months for 22 actions to achieve wide-ranging reform to be completed across government, underlining the priority and commitment afforded by government to achieving results in this area. The Action Plan follows hot on the heels of the publication of the Hamilton Report of December.
Any modest contributions for my time and ongoing expenses are welcomed! I have a page, where contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y
On 29 April, the Krebs on security blog carried a post saying that the group intends to disrupt cybercriminal ransomware gangs by limiting their ability to get paid, and targeting the individuals and finances of the organised thieves behind these crimes. The Rasonware Task Force, involving top executives from Amazon, Cisco, FireEye, McAfee, Microsoft and dozens of other firms joined the DoJ, Europol and the NCA in calling for an international coalition to combat ransomware criminals, and for a global network of ransomware investigation hubs.
https://krebsonsecurity.com/2021/04/task-force-seeks-to-disrupt-ransomware-payments/
See the group’s 81-page report –
COMBATTING RANSOMWARE
https://securityandtechnology.org/ransomwaretaskforce/report/
Any modest contributions for my time and ongoing expenses are welcomed! I have a page, where contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y
AUSTRAC has released this Guidance says that SMR with incomplete, inaccurate or unstructured descriptions and summaries can make further meaningful analysis difficult and lessen the SMR’s overall usefulness. This document provides guidance to assist reporting entities in submitting more effective SMR, thus helping AUSTRAC to generate more actionable intelligence for police and other partner agencies. The better the quality, accuracy and timeliness of an SMR, the greater the value they have for the detection, deterrence and disruption of criminal and terrorist activity.
Any modest contributions for my time and ongoing expenses are welcomed! I have a page, where contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y
EU Regulation 2021/707/EU deleted the entry for Bureau d’achat de diamant en Centrafrique/Kardiam, following the decision of the relevant UN Sanctions Committee on 5 April.
Any modest contributions for my time and ongoing expenses are welcomed! I have a page, where contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y
On 30 April, HM Treasury issued a Notice advising that the existing entries for Abd Al-Rahman AL-MILAD and Mohammed Muammar QADHAFI had been amended, although both remained designated. This followed an announcement from UN on 29 April.
https://www.un.org/press/en/2021/sc14509.doc.htm
Any modest contributions for my time and ongoing expenses are welcomed! I have a page, where contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y
ACAMS has published the results of this survey undertaken with RUSI. A year after the release of the FATF Guidance on Digital ID and after the Coronavirus pandemic placed a renewed emphasis on its importance, the survey takes stock of how this technology is perceived and the promise it holds for combating financial crime in the future. 82% of respondents were at least familiar with the concept of Digital ID and what it can be used for and 86% of respondents view Digital ID as a positive innovation. Respondents overwhelmingly said they would trust government issued Digital IDs, with 87% of respondents saying they would do so.
https://www.acams.org/en/media/document/18401
Any modest contributions for my time and ongoing expenses are welcomed! I have a page, where contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y
raytodd.blog 