Identity Resolution Daily Links 2007-08-23
[Daily Post from Infoglide Software] The Anti-Money Laundering Iconoclast
“Charlie Intriago is also a big believer in striking a balance between privacy and security. In a 2002 interview after the passing of the USA Patriot Act, he commented on the new investigative authority of the federal government, ‘One has to pray that those powers are used responsibly.’”
The Transnational: New Transatlantic Security Measures Raise Complaints
“New rules signed into law this month by the U.S. government threaten to complicate international travel to and from the United States. According to regulations set to take effect within six months, carriers must provide U.S. Customs and Border Protection officials with passenger information at least 30 minutes and as early as 72 hours prior to departure. Current regulations require airlines to provide passenger data no later than 15 minutes after take-off.”
The Economic Times: Banks can’t wash hands of laundering
“Stringent US regulations to combat money-laundering have extended beyond its borders and have had an impact on banks around the world. The legal and regulatory landscape created in the US due to the US Patriot Act and the regime of the Office of Foreign Assets Control (OFAC) have increased compliance pressures on banks, according to a global study by KPMG Forensic.”
recordonline.com: Clerk charged in Wal-Mart scam
“Newburgh town police say a local clerk at the Wal-Mart Super Center on Route 300 has been “returning” Wal-Mart merchandise and pocketing the cash. Her take? Over $30,000.”
Subscribe to this blog