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For long-time users of the excellent Notepad++ text editing tool there is only one major irritation - we've lost the old Chameleon Icon in favour of a, well, notepad with ++ written on it. Lots of us want our little bug-eyed green monster back but the option to choose it during installation is no longer available (or, if it is, it's not obvious). But it's surprisingly easy to bring the little guy back and give the desktop a bit of personality. Here's how:

It was an enormous mistake to appoint Mark Carney as the Governor of the Bank of England. In a job that is supposed to be a-political, because the Bank of England is supposed to be independent, Carney has demonstrated a willingness to make political statements, endeavour to influence policy and now in what should be his last major speech, he's announced an astonishingly reformist policy shift in the weeks before his term comes to an end. All the fuss in the media this morning is about Facebook's Libra. However, there is something that has the potential to cause far more systemic problems than that.

BIScom Subsection: 

Motor racing is, sometimes, the cruellest of sports. There was no competition for the Toyota Hybrids as they closed out their season and the end of their very successful venture into LMP1. And, as the race wore on, it was clear that the early lead taken by Mike Conway, Kamui Kobayashi and Jose Maria Lopez developed into a routine. Nothing would stop them winning their first major race and it was well deserved. Then the tech started to play up..

CoNet Section: 

The Circuit of Catalunya, Barcelona, venue for the Spanish Grand Prix for both F1 and MotoGP is often the source of drama. But the MotoGp 2019 race was drama with what may turn out to be huge consequences. And it all began because someone started to call the Barcelona circuit "Lorenzo Land."

CoNet Section: 

James (Jes) Staley, the CEO of Barclays plc paid a fine of GBP642,430.00 in May 2018[1], essentially because he tried to find out the identity of the author of two anonymous letters sent to the bank that raised concerns on the hiring of Mr Staley’s friend. When such concerns are raised, typically a ‘Whistle-blowing’ process should be followed.

Contributor: Dev Odedra

Case Summary: 

Some lawyers are called "ambulance chasers." In the USA, in medicine, the equivalent function is performed by "Patient Recruiters" and, yes, the US authorities even use capital letters, just like that. The system is ripe for fraud and convictions have been obtained in a case where the loss to the US Medicare system is USD33 million.

Type of conduct: 
Healthcare / Medicare fraud
Open Letter to ( CEO ): 
Mr Shinzō Abe
Open Letter to ( Company ): 
G20 Group of Nations
Summary: 

Dear Mr Abe

This month, the G20 will meet for a "money laundering and crypto-discussion." You will hear from many so-called experts. They will form a mutual appreciation society which spends its time saying how complicated the subject is, how it can undermine economies, how it has the capacity to undermine governments and society.

This is all true. It is also self-evident. It does not require a meeting of senior civil servants at the taxpayer's expense to conclude what is common sense as well as common knowledge. But that's not the real reason I am writing to you.

The Canadian Grand Prix produced excellent and exciting racing. Strategy played almost no part and we were treated to motor racing at its best. Sadly, the racing has been overshadowed.

CoNet Section: 

Case Summary: 

An accountant, assisted by his wife, invited investments into a scheme he operated. But there were no investments only money used for his own purposes, laundered via his wife - and setting up a separate Ponzi-type scheme.

Type of conduct: 
Consumer fraud

IMPORTANT NOTICE: 20190606

This article was published yesterday under the title "It's Time To Take Care Of Yourself How did it come to this? A healthy teenager is put to death, at her own request." It has been brought to my notice that, despite finding apparent confirmation of a significant fact across many examples of reputable media, the information was unreliable. Equally, at least at the time of writing this notice, it is not clear that the contrary views are reliable either. Nevertheless, I have made modifications to the article so as to avoid any potential distress to the family of the girl concerned, while the vast majority of the article is about circumstances rather than that specific case. The article is, therefore, republished as amended.

In the North West of China, in the district of Inner Mongolia, a small private bank started to get into trouble. The warning signs, with hindsight, were apparent but it's a kind of problem that, while common in Russia a couple of decades ago, is not usual in China. The results, however, are predictable for both financial and cultural reasons.

BIScom Subsection: 

Don't say that: 

" They both received 6 months each."

Do say this: 

They received six months each

or

they both received six months

It's not the best way to start the week, much less the month. The first notice from Australian regulator The Australian Securities and Investment Commission tells that Macquarie Securities (Australia) Limited has been issued a penalty notice : ASIC "believes" the company "contravened" market integrity rules. The failure was of design, implementation and maintenance of compliance systems, not an intention to not comply, ASIC says. Plus ça change in so much of the financial sector, then.

BIScom Subsection: 

Tracing its heritage to 1787 (that's a year, not a time), Raphaels Bank is one of the oldest independent banks in the UK. The bank says "today, we operate as a dynamic, niche savings and lending bank." It also operates "our own ATM Estate" and says it's a "well-established payment services provider." That, it is hard to escape concluding, is that this venerable institution is capitalising on its size and ability to operate in areas more usually associated with secondary institutiond and fintech companies. But for such a tiny business, it comes to the attention of regulators more than is healthy.

BIScom Subsection: 

If we take out the hyperbole inherent in American notices (e.g. "violation" instead of "breach" and the profligate use of words like "egregious") we get to a nitty gritty that is a stone in the shoe, a thorn in the side or any one of a dozen bon mots that indicate how and why compliance officers need to be abreast of principles more than data. One has to feel some sympathy with State Street. The case also have implications for citizens of one country living abroad, especially pensioners.

Publication: 

Pages

 


 

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