| Srl | Item |
| 1 |
ID:
155341
|
|
|
|
|
| Summary/Abstract |
THE HEINOUS ACTS OF TERROR in the first few months of the current year, indiscriminate slaughter of civilians, persecution of whole communities (particularly on the grounds of religion or belief), metro bombings, and terrorist attacks against major European cities continue to shock and horrify. Is it possible to take effective action against such atrocities? What can be done to prevent the assassination of an ambassador or a grenade launcher attack on a consulate general?* How can we enable people to travel by public transport, attend public events, and meet with friends in cafés and restaurants without fearing for their lives or for the lives of their children, friends and relatives?
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 2 |
ID:
181354
|
|
|
|
|
| Summary/Abstract |
A DISCUSSION about the effectiveness of the global system for antimoney laundering and combating the financing of terrorism (AML/CFT) is unfolding in the Western media and expert community. In 2020, according to some estimates, global banks paid out about $10.4 billion in fines for AML violations, an increase of more than 80% (!) from 2019. A case in point is Capital One, an American bank that was fined almost $400 million in January 2021 for failing to report thousands of fishy transactions. Danske Bank is still trying to deal with the fallout from a scandal that erupted in 2018, when it was reported that the bank had laundered more than $200 billion through its Estonian branch. John Cusack, an ex-chair of the Wolfsberg Group, an association of banks that helps develop AML standards, estimates the amount of financial crime perpetrated in 2018 at $5.8 trillion, equivalent to about 6.7% of global GDP for that year.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|