On 31 October, the Jersey Evening Post reported that the aircraft registry – which ended up with just 1 aircraft on its books – has finally been closed. It was launched in 2015 with hopes of attracting a wealth of aircraft, but just 4 aircraft were registered over the 7 years and by last month it had just a solitary Cessna to its name.
https://jerseyeveningpost.com/news/2022/10/31/jerseys-ill-fated-aircraft-registry-finally-closes/
On 26 October, the Financial Transparency Coalition published this report saying that Africa concentrates 48.9% of identified industrial and semi-industrial vessels involved in illegal, unreported, and unregulated (IUU) fishing, 40% in West Africa alone which has become a global epicentre for these activities. It is said to be the most extensive analysis of IUU fishing cases to date, and warns that developing countries lose billions of dollars in illicit money flows directly linked to this practice every year – up to $11.49 billion for Africa, and $2 billion for Argentina and $4 billion for Indonesia. The study also reveals that the top 10 companies involved in IUU fishing concentrate nearly one-quarter of all reported vessels: 8 from China, 1 from Colombia and another from Spain which received millions of dollars in EU and other subsidies. The report warns that almost no countries require information about owners when registering vessels or requesting fishing licences, meaning that those ultimately responsible for these activities are not detected and punished, resulting in fines often being applied to the vessel captains and crew.
A report from Interpol on 20 October says that there are a number of policy issues connected to the Metaverse that will require international efforts to address. Some of the issues identified in the report are broader than just law enforcement, but they will have a major impact on policing.
https://www.buymeacoffee.com/KoIvM842y
SOLICITORS REGULATION AUTHORITY (SRA) REFERRED 20 SAR TO THE NCA RELATING TO SOLICITORS HANDLING £149 MILLION OF POTENTIALLY CRIMINAL FUNDS
On 31 October, Legal Futures reported that the SRA annual report says supervision activity showed some improvement in law firms’ compliance but still identified plenty of non-compliance.
https://www.sra.org.uk/sra/research-publications/aml-annual-report-2021-22/
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