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17/02/2012
Standards Announced For Money Laundering
A new set of standards aimed at combating money laundering, terrorist financing and the proliferation of "weapons of mass destruction" has been announced.
The Financial Action Task Force (FATF), said it had agreed a new set of standards and was highlighting the need for member countries to promote their implementation.
The FATF said its recommendations have been revised to provide governments with stronger tools to take action against financial crime and protect the integrity of the global financial system.
The recommendations were strengthened specifically in areas which are "high risk", including dealing with new threats, improving transparency and being tougher on corruption.
The Commercial Secretary to the Treasury, Lord Sassoon said:
“The UK welcomes the revised FATF standards. The integrity of the global financial system will now be better protected through strengthened measures to combat the global threat of money laundering, terrorist financing and of the proliferation of weapons of mass destruction.
"We are fully committed to implementing these new global standards and will work with international partners in FATF to encourage full and consistent adoption by all countries.”
(DW)
The Financial Action Task Force (FATF), said it had agreed a new set of standards and was highlighting the need for member countries to promote their implementation.
The FATF said its recommendations have been revised to provide governments with stronger tools to take action against financial crime and protect the integrity of the global financial system.
The recommendations were strengthened specifically in areas which are "high risk", including dealing with new threats, improving transparency and being tougher on corruption.
The Commercial Secretary to the Treasury, Lord Sassoon said:
“The UK welcomes the revised FATF standards. The integrity of the global financial system will now be better protected through strengthened measures to combat the global threat of money laundering, terrorist financing and of the proliferation of weapons of mass destruction.
"We are fully committed to implementing these new global standards and will work with international partners in FATF to encourage full and consistent adoption by all countries.”
(DW)
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Thames Valley Police have arrested a 27-year-old man on suspicion of financing overseas terrorist acts. Officers from the South East Counter Terrorism Unit (SECTU) made the arrest in Slough, in relation to conflicts abroad and stressed that it was not done in response to any immediate threat to public safety.
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Thames Valley Police have arrested a 27-year-old man on suspicion of financing overseas terrorist acts. Officers from the South East Counter Terrorism Unit (SECTU) made the arrest in Slough, in relation to conflicts abroad and stressed that it was not done in response to any immediate threat to public safety.
01 August 2011
Early Measures Will Help SMEs Access Equity Financing
The Financial Secretary to the Treasury has announced that two deregulatory amendments to the EU Prospectus Directive have been brought into effect a year early by the UK to help small businesses access equity finance more cheaply and effectively.
Early Measures Will Help SMEs Access Equity Financing
The Financial Secretary to the Treasury has announced that two deregulatory amendments to the EU Prospectus Directive have been brought into effect a year early by the UK to help small businesses access equity finance more cheaply and effectively.
11 April 2012
National Board Set To Uncover Rogue Traders
New proposals to make the Citizens Advice service a champion for consumer information across a range of sectors and a new National Trading Standards Board were announced today by the Department for Business, Innovation and Skills.
National Board Set To Uncover Rogue Traders
New proposals to make the Citizens Advice service a champion for consumer information across a range of sectors and a new National Trading Standards Board were announced today by the Department for Business, Innovation and Skills.
29 November 2011
UK Oysters Contain Winter Vomiting Bug
According to research published today by the Food Standards Agency a significant proportion (76%) of oysters tested from UK oyster growing beds contain norovirus, commonly known as the winter vomiting bug. The virus was detected at low levels in more than half of the positive samples (52%).
UK Oysters Contain Winter Vomiting Bug
According to research published today by the Food Standards Agency a significant proportion (76%) of oysters tested from UK oyster growing beds contain norovirus, commonly known as the winter vomiting bug. The virus was detected at low levels in more than half of the positive samples (52%).
16 February 2009
Half-Term Chance To Think About 'Arriving Alive'
With the first half-term holiday of 2009 here, schools and colleges are being urged to think about booking a road safety presentation aimed at preparing would-be drivers for the learning to drive process. In 2007, 136 drivers aged 16-19 died in crashes. Another 130 were fatally injured in crashes involving vehicles in which they were passengers.
Half-Term Chance To Think About 'Arriving Alive'
With the first half-term holiday of 2009 here, schools and colleges are being urged to think about booking a road safety presentation aimed at preparing would-be drivers for the learning to drive process. In 2007, 136 drivers aged 16-19 died in crashes. Another 130 were fatally injured in crashes involving vehicles in which they were passengers.
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Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
