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This is a story about how eight men used Facebook to claim (and be paid) grants from the European Union for their cattle farms. The story fizzled out in 2013 and we want to know what happened. Does anyone know? (free content)

There's a basic truth about terrorism: terrorists need to keep themselves in the news. From stabbing attacks on "soft" targets to mass-beheading on the side of a road, Da'eas (ISIS / ISIL ) and their loose network are past masters at getting the kind of attention that ramps up shock with periodic changes in strategy. Attacks in Indonesia combined several reasons for anger and some for shock. ChiefOfficers.Net analyses why it was so successful and the fact that they have brought horror and terror, in equal measure, from an "it happens" state of mind to "it could happen to me, anytime, anywhere" and, therefore achieves the primary...

Editorial Staff

Editorial Staff

Sanctions have long been a political tool for the USA and they work in many different ways. Chinese telecoms giant ZTE has found itself almost a proxy in the USA's battle with Iran but there are other complexities, too. The result is that President Trump is finding that politics has far more nuance than he thought. The place where he's chosen to try to remove nuance is sanctions. Anyone who still thinks that Trump can't throw out rule-books that have been used for years is flying in the face of the evidence. It would be unwise to bet against him getting the result he wants this time.


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IP address:
@companieshouse-gov.uk (fake domain.
(free content)

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Last Wednesday, Malaysians voted to boot their sixth prime minister, Najib, out of office. As the new government set about being formed, it became clear that many senior appointments would be terminated and some not too kindly. Thursday and Friday were public holidays. Saturday and Sunday were days off. Today the head of the Malaysian Anti-Corruption Commission walked into his office and submitted his letter of resignation. (free content)

As the euphoria of the overturning of a much disliked government wanes, there are several important matters to deal with.

Perhaps the most difficult will be the question of corruption which has been endemic and systemic for many years.

Strangely, the one person who might be credited with kick-starting the widespread rejection of corruption might be the one person who is first amongst those whose conduct will be open to question.

The USA makes a lot of noise about money laundering, etc. and since the early 1990s, it's been at the forefront of pointing out the inadequacies of other jurisdictions while having a surprisingly lax, even holey, regime at home. Let's not forget that there were times when death threats were made to politicians who supported an improved KYC regime and civil rights groups protested in the streets and in forceful terms in the a media that was more than happy to accommodate them. Yes, the USA PATRIOT Act improved matters and there have been incremental improvements but equally there have been serious mistakes. But today is a good day as raft of helpful requirements comes into force under the headline "Customer Due Diligence
Requirements for Financial Institutions." Yet, today is also a bad day: as usual with the USA, it's a half-arsed attempt that falls short of what is actually required.

There are few things about Malaysia's Najib government that have caused as much anger amongst the populace as the introduction of the Goods and Services Tax ("GST") which is, in fact, a form of Value Added Tax. It was an election promise that Mahathir's coalition would repeal it and reinstate the old Sales Tax. Even during a press conference yesterday, before he was sworn in, Mahathir was asked to confirm that the promise would be kept and he did. Popular though such a policy would be, it is a horribly retrograde step that will cost the country, and businesses, dear. He should revise GST, which was not, in some detail, properly...

Editorial Staff

In Kuala Lumpur, the capital of Malaysia, it was shortly after 5 a.m. on 10 May. The call for prayers from the mosques in the Pudu area of the city was unusually loud and sounded somehow lighter than usual. There were car horns blasting in the city's streets. Two hours later, all is quiet. There are the usual sounds of trains running, traffic passing and birds twittering as they hunt insects high above the ground. Monkeys chatter in the trees and today has become normal. Except it isn't.

Peter Lee
Media - newspapers, magazines, internet publishing
Nigel Morris-Cotterill

London 10 May 2018 - Vortex Centrum Limited, publisher of PleaseBeInformed.com regrets that its subscribers and readers were inconvenienced by an extended period of service failure yesterday.

The issue arose because of the latest in a long series of faults at NamesCo, an internet hosting company.

Yesterday, US President Trump announced the long-telegraphed withdrawal of the USA from the Iran nuclear sanctions agreement, known as the Comprehensive Plan of Action. According to the US Treasury "The President confirmed that the US will begin the process of re-imposing all US sanctions previously waived under the JCPoA." That's going to cause huge complexity for businesses all over the world because no other government of any international importance is adopting the USA's position. Also, there's a gold-rush about to start.

World Money Laundering Report
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One has to wonder what is happening at FinCEN's media room. As if its abolition of the possessive apostrophe in its emails isn't illiterate enough, they often make no sense. Here's an example in which both the English (American, we should say) doesn't make sense and the subject matter is, well, bemusing. Here comes the tech bit..

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FinCEN's biggest problem is that it is incredibly low profile and hardly anyone knows what it is or, even, in broad terms what it does. That's been its problem since its early days. For years it dined out on the single case that really hit the news: the Black Market Peso Exchange but that was old hat even in the late 1990s. Now it's got a new plan and it's aping, well, everyone else who wants to get their name in the papers. (free content)

The news that Australia is to be the latest country to limit, in some circumstances, cash transactions above a certain financial limit has raised some questions. WMLR takes a critical look at some comments.


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