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WHILE crypto-currencies such as Bitcoin, Ethereum, Monero and the others have built their reputation and success of the reliability of their blockchain-based transaction records, it does not mean that these financial systems are immune to fraud. Indeed, fraudsters have found ample opportunities to exploit and subvert the eco-system that surrounds cryptocurrencies.…

WITH an estimated USD1.5 trillion lost to the global economy because of bribes, the World Bank is pushing for a diverse array of technology to be deployed – it is a call being answered with anti-graft systems being installed worldwide.

Reducing corruption “is a priority” for the World Bank, it said in a briefing note in September 2017.…

DEBATES are now underway at the European Union (EU) on a proposed revamp of the EU Common Agricultural Policy (CAP), a programme for 2021 to 2027 that would exclude Brexited Britain. As a result of losing UK contributions to the EU from next March (2019), funding for the CAP would fall by around 5% to EUR365 billion, with EUR265.2 billion spent on direct payments for food producers, EUR20 billion for market price support measures and EUR78.8 billion for rural development.…

An amendment to a UK Sanctions and Anti-Money Laundering Bill requires the British government to impose such registers on its OTs by this deadline, if the local administrations have not created their own. The UK currently has the world’s only public beneficial ownership register – but it only covers England, Scotland, Wales and Northern Ireland – see http://ownershiptransparency.com/…

AN INNOVATIVE air traffic management switch from land-based ATC services using classic vectoring, to a performance-based navigation (PBN) arrangement using airliner satellite positioning and RNP-AR (required navigation performance – authorisation required) has dramatically increased the traffic capacity of El Dorado International Airport, Bogotá, Colombia.…

EASTERN Europe offers some significant advantages as regards digital fabric printing – it has a high skilled workforce, reliable utilities and transport, access to western European markets, and comparatively low wages.

Its fabric producers also look for technological niches that allow them to compete with Asian manufacturers on quality and western European companies on cost – and digital textile printing as a result is popular.…

THERE are growing calls for Hong Kong-based recruiters to re-think and speed up their hiring processes, after a latest study found that they are losing the best talent to unnecessary HR decision delays.

More than 72% of 500 Hong Kong job seekers have taken a second job “because their preferred employer took too long to give them an answer,” recruitment specialist Robert Half found in a study published last month (May 17).…

CIVIL rights groups in the United States have been making progress in securing court rulings hindering customs and border security agents from searching electronic devices at international borders, including airports.

The American Civil Liberties Union (ACLU), the Electronic Frontier Foundation, and others, have been seeking to leverage the 2014 Supreme Court ‘US v Riley’ judgement, which said police must obtain a warrant to search mobile phones of arrested people – https://www.eff.org/document/riley-wurie-supreme-court-opinions…

A VOTE by the UK parliament to insist that Britain’s overseas territories introduce publicly available beneficial ownership registers by December 31, 2020, has sparked anger and dismay within these autonomous, mainly small island, jurisdictions.

An amendment to a UK Sanctions and Anti-Money Laundering Bill requires the British government to impose such registers on its OTs by this deadline, if the local administrations have not created their own.…

THE HIMALAYAN kingdom of Bhutan may have a ban on smoking in public spaces under the Tobacco Control Act of 2010, but it is not hard to find smokers flouting this law. The legislation specified sporting centres as public spaces under the act, but when Tobacco Journal International visited the national stadium in the capital Thimphu to watch the opening game of this season’s Bhutan Pepsi Football League on April 21, it followed young fans walk to washroom at half-time to light up smuggled cigarettes.…