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This is our personal story and we are mightily pissed off. Our long-time internet hosting company was recently acquired by UK hosting company NamesCo. We don't want to use them. The reasons are immaterial. We simply want to transfer all of our domain names to a host of our choice who trade on terms we like and deal with us in a way we want to be dealt with. NamesCo wants to obstruct that and demands what amounts, in our eyes, to a ransom payment to release the domain names which are, after all, our intellectual property because they are terms of art we created.

Nigel Morris-Co...
Publication: 

Titled "PROPOSED CHANGES TO THE DFSA’S ANTI MONEY LAUNDERING, COUNTER-TERRORIST FINANCING AND SANCTIONS REGIME," the consultation paper was issued on 18 February 2018 and the consultation period ends on 24th March 2018.

Notes by Nigel Morris-Cotterill, The Anti Money Laundering Network

Nigel Morris-Cotterill
BIScom Subsection: 

Don't say that: 

"the conference aims to produce novel insights into the linkages between.."

Do say this: 

"the conference aims to produce novel insights into the links between.."

It's easy to laugh at Americans: overseas they are often loud (in clothing and sound), they all think they are superheroes (why else would they wear their pants on the outside?) and they have only recently learned to build cars that go round corners properly. And their choice of presidents seems to be ever more ridiculous. However, what's happening now in relation to gunnism is, thankfully, no joke.

Editorial Staff
Publication: 

There's a lot of dispute over exactly what constitutes "spam" with legislation influenced by the advertising and marketing industry often defining the term far more narrowly than the public at large. Whether it's legally spam or not, one thing happens far more than it should in unsolicited advertising. That thing is where the e-mail is dishonest in some respect ranging from fake senders through misleading content to out and out lies. The basic rule for recipients is simple: if a mail fails a simple test - "is it true?" - the only safe option is to bin it and block the sender.

Nigel Morris-Co...
Publication: 

An Israeli software company, LawGeex, has released a report which it says establishes the principle that its software can analyse contracts faster and more accurately (and therefore much cheaper) than lawyers specialising in the specific field under review. Using the trendy tags "artificial intelligence" and "deep learning," the methodology of the test and its results show good reason for lawyers to think the future might be about to become ultra-tough. Or provide new opportunities to improve revenue per junior fee earner.

Editorial Staff
Publication: 

Do the terms of access to your company's website contain provisions as to what may be accessed and for what purposes? Do you, for example, point out that domain names and e-mail addresses are terms of art and therefore protected under copyright legislation? Do you say that, as a result, harvesting that data, and other information that may be subject to data protection, is illegal? Do you say that anyone who accesses your website intending to breach the terms of access is unauthorised and that unauthorised access is a criminal offence?

Meet Raj Yadav. He wants you to pay him to do all of those things. If you use him, or his company...

Editorial Staff
Publication: 

A case in California has raised some serious questions about record keeping and staff controls at a public utility company.

Editorial Staff
Publication: 

Brenton John Poynter of Baulkham Hills, NSW has been banned from providing financial services by Australian regulatorm, the Australian Securities and Investments Commission (ASIC). His offence is startling.

Editorial Staff
BIScom Subsection: 

It would be easy to think of dozens of bad-taste humorous comments to make about the conduct of Iain Farrimond but to do so would be terribly cruel. The circumstances in which he has found himself are awful but so serious that there can be no alternative to serious punishment.

Editorial Staff
Publication: 

A Gambling Commission investigation revealed that between November 2014 and August 2016 the gambling business William Hill Group breached counter-money laundering and social responsibility regulations.

The cost of compliance and risk management in financial institutions is an eternal bone of contention. US regulators The Financial Crimes Enforcement Network (FinCEN) and The Office of the Comptroller of the Currency together with the criminal prosecutors at The U.S. Department of Justice have agreed a USD185 million civil money penalty against US Bank National Association, in essence for failing to apply sufficient resources to its counter-money laundering policies and systems.

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The UK's housing loan crisis of the late 1980s to early 1990s and the US version in 2006 that led to the global financial crisis were both prefaced by three very specific warning signs. In the UK, all three warning signs are once more present.

Editorial Staff
Publication: 

The UK's housing loan crisis of the late 1980s to early 1990s and the US version in 2006 that led to the global financial crisis were both prefaced by three very specific warning signs. In the UK, all three warning signs are once more present.

Editorial Staff
Publication: 

FCRO Subsection: 

The website for FxUnited (FxUnitedGlobal.com) optimistically says "copyright 2006 to 2020." On its website, it links to a company registration certificate which shows that the company, United Global Holdings Limited was registered in New Zealand under number 5247841 in 2014 and has, since, been removed. But all is not as it seems and the investigation into the huge scam in Malaysia is only one aspect of this case as our own investigations reveal.

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