UK-ISLE OF MAN HMRC CUSTOMS ACCOUNT

HMRC on 11th December published the 2016/17 accounts.  These accounts calculate the total share of common duties due to the Isle of Man government and the balance owing to either the Isle of Man or the UK.  VAT and other indirect taxes and duties arising in the Isle of Man are collected on behalf of the Manx Government by the Isle of Man Customs & Excise Service.

https://www.gov.uk/government/publications/commissioners-of-hm-revenue-customs-in-account-with-the-isle-of-man

UK NATIONAL ECONOMIC CRIME CENTRE

On 11th December the Home Secretary announced the creation of the National Economic Crime Centre (NECC) within the NCA. The multi-agency centre will plan, task and co-ordinate operational responses across agencies bringing together the UK’s capabilities to tackle economic crime more effectively.  Supported by enhanced intelligence and analytical capabilities it will draw together expertise from across law enforcement agencies, Government and the private sector.

http://www.nationalcrimeagency.gov.uk/news/1257-national-economic-crime-centre-announced

BLAST FROM THE PAST – WHEN US NAVY SENT MAIL BY MISSILE

The Smithsonian National Postal Museum has published an article about the use of a Regulus  surface-to-surface missile fired from a submarine in 1959 to carry a payload of mail.  As the article says, it was ostensibly an experiment in communication transportation, the Regulus’ mail flight sent a subtle signal that in the midst of the Cold War, the US military was capable of such accuracy in missile flight that it could be considered for use by the post office.

Regulus-01

https://postalmuseum.si.edu/collections/object-spotlight/regulus-mail.html

Whitepaper: Entity Screening and Vessel Tracking for UN Sanctions

On 9th December, Project Alpha announced a new White Paper.  It remarked that the most recent UN Panel of Experts report on North Korea (published on 27th February 2017) found that “implementation remains insufficient and highly inconsistent”.  This suggests that the availability of information on vessels in breach of sanctions against North Korea and the capabilities to obtain such information needs to improve. Improvements in these areas would assist the UN Sanctions Committee, individual Member States, and businesses in implementing UN sanctions.   The White Paper aims to assess the potential usefulness of entity screening and vessel tracking (such as AIS data) for sanctions compliance, implementation, and enforcement by law enforcement, regulators and private sector.

https://projectalpha.eu/whitepaper-entity-screening-and-vessel-tracking-for-un-sanctions/

The White Paper itself is at –

https://projectalpha.eu/wp-content/uploads/sites/21/2017/12/Osborne-Whitepaper-Final-8-Dec-2017-v2.pdf

GUERNSEY LAW ENFORCEMENT ANNUAL REPORT ISSUED

The report covering 2016 shows that drug offences, assault and criminal damage were among the most common crimes, with the total number of reported crimes falling by 138 against 2015 to 1,389, continuing a trend.  Fewer crimes were recorded during the year than in 2015 and detection rates remained largely on a par with the previous year at 48%.  Cybercrime is said to be becoming increasingly commonplace for technology to be used as a tool to aid criminal activity, and is described as a major and increasing threat to the financial sector, businesses and members of the public.  It says that the Financial Intelligence Service continues to proactively identify and target those engaged in financial and economic crime.  Amongst the successes the report trumpets are –

  • a number of successful prosecutions for fraud, including a director of a business group who had moved large sums of money between clients without their knowledge, one man who abused his position as a trustee to defraud his clients, and another for fraud by false representation involving the unlawful sale of shares; and
  • assisting the Bulgarian authorities with international asset recovery, resulting in the forfeiture of assets worth approximately £1.1 billion.

http://www.guernsey.police.uk/CHttpHandler.ashx?id=111170&p=0