Strong Local Regional support for AntiMoney Laundering Conference

first_img Related Items:anti-money laundering, dwayne baker Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 25 Mar 2015 – The two day anti-money laundering conference not only drew a wide cross section of public and private sector professionals form the Turks and Caicos Islands, but from abroad. Magnetic Media spoke to Dwayne Baker, Director of the Financial Intelligence Agency who said the support was near capacity.“We’ve had wide interests from international participants; Trinidad and Tobago has brought a large delegation here, inclusive of their Attorney General, Anguilla, St Kitts and Nevis and some of our other Sister Territories, so the response has been quite fantastic.” Mr. Baker said there is a sincere willingness for those in TCI to follow regulations, even if there are some who deviate, the eighty participants and the type of interaction shown proves it. As far as whether the country is measuring up to standards globally; Baker said progress is good for the territory.“Well from the response this morning from the Caribbean Financial Action Task Force, it seems as if we are doing quite well… we are about to exit one of our review processes, that is the third round of evaluations and move into the fourth round which will look at the effectiveness of our systems.”Financial services contributes $2.3 million to government revenue. The Anti- Money Laundering and Combating the Financing of Terrorism Conference was jointly organized by the Financial Intelligence Agency, the Attorney General’s Chambers and the Caribbean Financial Action Task Force; we will hear from their executives next time… Facebook Twitter Google+LinkedInPinterestWhatsApplast_img read more

Inter shows violence against women the red card

first_imgThe Italian Lega Serie A club, together with legendary goalkeeper Francesco Told, is working towards the prevention of violenceWith the presence of legendary goalkeeper Francesco Told, Inter Women’s captain Regina Baresi and WeWorld Onlus, Internazionale Milan is launching a campaign to “Show Violence The Red Card.”The initiative is being promoted together with the Italian Lega Serie A, to combat violence against women in the world.“Violence is a cultural problem. In order to solve this problem, our sons need to be taught the right values and that they need to show respect,” the retired Inter keeper told the club’s official website.Romelu Lukaku, Serie A, Inter MilanCapello calls Lukaku “a modern striker” Manuel R. Medina – September 14, 2019 The former Italian manager believes Romelu Lukaku is perfectly suited for Antonio Conte’s Internazionale Milan in the Serie A.“Youth academies can contribute to shaping athletes and men, but what they learn from their families should underpin everything.”“Violence against women is something I feel strongly about,” Regina Baresi, captain of Inter Women’s first team added.“I’m happy to be here again this year and in particular to be able to make my own contribution in highlighting such an important campaign.”last_img read more

Pearson Sells Financial Times to Japans Nikkei in Rs 83 Billion Deal

first_imgJapanese media group Nikkei has agreed to buy the Financial Times from Britain’s Pearson (PSON.L) for $1.3 billion, putting one of the world’s premier business newspapers in the hands of a company influential at home but little known outside Japan.The deal, struck after Nikkei beat Germany’s Axel Springer (SPRGn.DE) to the prize, marks the biggest acquisition by a Japanese media organisation and is a coup for the employee-owned firm which lends its name to the main Japanese stock market index.In the Financial Times it has acquired an authoritative global newspaper that commands strong loyalty from its readers and has coped better than others with the shift to online publishing. It was one of the first newspapers to successfully charge for access to its website.Established in 1884 and first printed on pink paper in 1893 to stand out from rivals, the FT has employed some of the leading figures in media and politics, including Robert Thomson, Chief Executive of News Corp (NWSA.O), former British finance minister Nigel Lawson and Ed Balls, an adviser to former British prime minister Gordon Brown.”I am extremely proud of teaming up with the Financial Times, one of the most prestigious news organisations in the world,” said Tsuneo Kita, chairman and group CEO of Nikkei. “We share the same journalistic values.”The Nikkei newspaper, which has a circulation surpassing 3 million for its morning edition alone, enjoys a must-read reputation for financial and business news in Japan but has struggled to break out of its home market.The paper, with its deep ties to corporate Japan, has also faced criticism for running earnings “previews”, which are considered to be leaks, days ahead of corporate results at a time when Prime Minister Shinzo Abe’s government has been pushing for greater corporate transparency.As the news broke of the Nikkei deal, an FT journalist tweeted a photograph showing staff in their newsroom crowded around a television watching the developments.According to tweets from journalists who were addressed by the paper’s management, FT Editor Lionel Barber told staff the deal “was not and is not a shotgun marriage”, saying there had been hours of conversation.Reporters at the paper told Reuters there was some apprehension, as they knew very little about their new owner, but there was also relief they had not been bought by Bloomberg – another potential buyer – which could have resulted in duplication of staff roles and more potential job cuts.Chief Executive John Fallon told reporters he believed that like Pearson, the new owner had a commitment to the “fairness and accuracy of its reporting, and to the integrity and independence of its journalism”.BOLT FROM THE BLUEReuters was first to report on Thursday that the 171-year-old Pearson had finally decided to sell the business daily as it expanded more into education, sparking speculation as to who was the buyer.The name of Nikkei came out of the blue. The FT itself reported that Axel Springer, publisher of Germany’s Bild and Die Welt newspapers, was the most likely buyer.”We were all frantically Googling Axel Springer to find out who they were… and everybody was showing off their great German skills. That obviously changed quite quickly,” said one person familiar with the FT newsroom.Analysts and bankers had for years been waiting for Pearson to sell the trophy asset, although the names most closely linked with a deal were financial data terminal providers Bloomberg and Thomson Reuters (TRI.N), parent of Reuters news agency.A person familiar with the situation had told Reuters in recent weeks that Axel Springer was working on a buyout, and a spokeswoman confirmed that the group had held talks about a deal.The sale of the FT Group is expected to close during the fourth quarter of 2015 and does not include its 50 percent stake in The Economist magazine or the London headquarters of the newspaper on the banks of the River Thames.”It is hard to argue with the price,” said Richard Marwood, senior fund manager at AXA Investment Managers, a shareholder in Pearson.Barclays said the price represented a multiple of 35 times earnings before interest, tax and appreciation.Pearson, founded in 1844 as a small building firm in Yorkshire, northern England, was once one of the world’s largest building contractors and has had a long list of varied interests from banking and publishing to owning theme parks and Madame Tussaud’s waxworks.The sale will leave Pearson as the world leader in education publishing and the owner of a 47 percent stake in the Penguin Random House book publisher.last_img read more

Matter of choice

first_imgAt times we all feel that life is very complicated but only a few of us are able to express the dilemmas in right manner. Artist Aarti Zaveri expresses the same through her art work at upcoming United Art Fair. The artist believes that, it is very easy to complicate a beautiful life and at the same time very difficult to simplify the essence of life. These thoughts are reflected in her paintings by the use of bold and vibrant colours.  She has created a body of work around these figurative expressions. One can sense the attempt to convey her deep thoughts through the use of symbols and signs in a subtle and minimal manner in each painting. The canvas reflects the basic complexity of a human to find answers in the outside world when all the answers needed are already present within us.The last edition of her installations in United Art Fair, were based on the theme, how a person wears a mask to conceal various truths of life. Which was based on artistes belief that life is a paradox and a puzzle, the ones who solve it, makes it simple and the rest remains to be just a part of the puzzle.With her recent work she is giving out a beautifull message that everyone has an option to make their lives easy or difficult, it depends on us what we choose.last_img read more

Visual Computing in Focus

first_img 2 min read Register Now » March 12, 2010 This story appears in the April 2010 issue of Entrepreneur. Subscribe » No matter how persuasive your pitch or how silver-tongued your spiel, everything sells better if there’s something to see. There’s even data to back it up: According to the U.S. Department of Labor, more than 80 percent of comprehension occurs via visual input, and people retain 6.5 times more information when visual aids complement verbal interaction.”In today’s world, the best way to communicate is to show,” says Bob Grim, director of product marketing for semiconductor giant Advanced Micro Devices, in Sunnyvale, Calif.To that end, the company’s new Vision Pro program is designed specifically for small businesses: It includes support for multiple monitors, video conferencing software and tools to create and view marketing and sales materials incorporating embedded video and 3-D graphics.Vision Pro even tweaks the visual formula to promote graphics performance to laptop-toting SMBs. The platform includes AMD’s M880G and M780G chipsets and its dual-core Turion II Ultra, Turion II, Athlon II series of processors. Notebooks powered by the Vision Pro solution start at $449, Grim says.Lenovo’s new ThinkPad Edge, $579, and ultraportable ThinkPad x100e systems, $449, introduced in January during the annual Consumer Electronics show, both feature the platform. AMD adds it plans to expand the program to desktops later this year.”People who are in marketing and sales, or in any position where you’re trying to drive revenue, are the people who can really benefit from this,” Grim says. “Companies that make a compelling visual presentation stand the best chance of succeeding.” Growing a business sometimes requires thinking outside the box. Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Globallast_img read more