The following is a report I have been receiving since Oct 2000. If you are
in real estate, finance, Insurance or Accounting, you should be aware of
Canada's massive anti-money laundering laws which have recently come into
effect. This newsletter explores the world. For instance one section deals
with the recent US anti avoidance compliance project for US residents or
citizens with offshore accounts.
There is a method of getting a free six month subscription buried in the
text below or just hit www.wmlro.com
david ingram - my thanks to Nigel Morris-Cotterill for the permission to
pass this on.
----------------------------------------------
World Money Laundering Report: Digest
WMLR Digest
8 May 2003
===============
WMLR Digest is a service of World Money Laundering Report - part of The Anti
Money Laundering Network. WMLR Digest is a free weekly newsletter for
subscribers.
Subscribe / Unsubscribe information is at the end of this newsletter.
----------------
Stories from World Money Laundering Report: Online in the past week
Visit www.wmlro.com for the full story
*** Offshore: heads down lads, the IRS are coming
Hidden behind headlines relating to the invasion of Iraq and other
distractions, the IRS has been plugging away at the Offshore Voluntary
Compliance Initiative. And the offshore industry had better start to worry.
*** US Taxation: IRS statement on Offshore Voluntary Compliance Initiative
This statement and release from the USA sets out the results of the
Initiative, which has been surprisingly successful, largely off the back of
the John Doe summonses that forced credit card companies to reveal
information about offshore accounts and raised the fear factor. Just one
question - what is an "abusive tax avoidance scheme." Is that evasion, or
has the distinction been further eroded?
*** USA: Foreign Visitor Registration uncovers hundreds of wanted persons
The NSEERS system upset a lot of people when it was proposed. But whilst
many have been slightly inconvenienced, it has uncovered a surprising number
of its intended targets and has proved its worth.
*** A simple guessing game
There is no story here. This is just World Money Laundering Report: Online's
attempt to steal the thunder of sister publication World Money Laundering
Report's "Flip Side" column. We all see messages like the one quoted below -
something very similar appears in e-mail in boxes every day. Just for fun -
see if you can guess where this one comes from:
*** Spam: it really has gone too far
The Hollywood movie industry was predicated, apparently, on the principle
that the public was stupid or immoral, depending on the version of events
you read. The spam industry has reached rock bottom with the latest attack
over the weekend - except that we know that someone will manage something
even more revolting.
*** The Spritzer shockwaves
The agreement between the SEC, other regulators and the NY AG and a raft of
financial services businesses and their (sometimes former) employees is
merely a tollhouse early on the journey that the Spritzer investigation has
begun.
*** Welcome to World Money Laundering Report: Online
On 28th April, we re-launched the service on its own website (
www.wmlro.com ).
Get six weeks' free trial - sign up now at www.wmlro.com
-----------
=== Conferences ====
Combating Money Laundering & Terrorist Financing
23-25 June 2003, Kuala Lumpur
25-27 June 2003, Singapore
Gain new insights into anti-money laundering and terrorist financing
programs and clarify new regulations and laws with Asia's regulatory and
legal bodies. To register or for more information, call 6325 6323 or email
[email protected].
=======
*** World Money Laundering Report: Events ***
Two day seminar
Fraud Market Abuse and Computer Crime
12-13 May, National Banking College,
Accra, Ghana
www.vortexcentrum.com/seminar3.htm
==========
One Day Seminar:
Money Laundering -
A New Challenge To Corporate Governance
20 May 2003, Kuala Lumpur Stock Exchange,
Kuala Lumpur, Malaysia
www.vorterxcentrum.com/seminar2.htm
===========
AMLSoftware.com
The world's ONLY virtual exhibition of
Anti Money Laundering Software and related products.
www.amlsoftware.com (exhibitor information)
====== Advertisement ========
Do you know who you are dealing with?
Find out for just USD0.80 per name - right from your desktop.
www.globalkyc.com
Business Intelligence for Intelligent Businesses.
-------------------
Counter-Money Laundering awareness aid for all!
Download the **free** Anti Money Laundering Network screensaver now from
http://www.vortexcentrum.com
==========================
The best counter-money laundering e-learning programme
Visit www.quicktolearnmore.com
===========================
IF YOU LIKE this: you'd love World Money Laundering Report.
See www.vortexcentrum.com for details.
------------------------------------------
About WMLR Digest: 1,600+ op-in subscribers in legislatures, regulators, law
enforcement agencies, banks, insurance companies, law firms and others plus
more than 3000 "pass-on" readers.
About World Money Laundering Report: Online - over 50,000 hits in the past
month.
About World Money Laundering Report: over 4,000 readers (including
syndication)
----------------
Subscription / unsubscribe information
World Money Laundering Report - Prices appear on the World Money Laundering
Report website at www.vortexcentrum.com
Secure credit card ordering is available.
Volume 4, and archives of Volumes 1-3 are available in electronic form.
======================
*Why you have received this e-mail*
WMLR Digest is free to subscribers. If you have received this newsletter
direct from World Money Laundering Report, you have received this e-mail
because:
1) you are a subscriber to World Money Laundering Report ; or
2) you have requested information from a company within The Anti Money
Laundering Network; or
3) our research (which is conducted by a human) has identified you as a
person representing an organisation for which money laundering is a relevant
issue.
*How to subscribe*
You may have received this e-mail from a third party. If so, and you would
like to receive a regular copy direct from World Money Laundering Report,
please visit and complete the request for a sample copy of World Money
Laundering Report - you will be added to the list to receive WMLR Digest and
receive a free sample copy of World Money Laundering Report.
Subscription requests must be sent from a defined username at a corporate
domain address. Webmail addresses (e.g. hotmail, yahoo, etc) and general ISP
addresses are not accepted.
*How to UNsubscribe*
If you have received this mail direct from World Money Laundering Report and
do not wish to receive further issues, please REPLY with the word
UNSUBSCRIBE in the subject line. This is not an automated procedure - you
will be manually removed from our databases and a confirmation sent. Please
make certain that you include in the body of your message a note of the
address we have mailed to. If you received this mail from a third party,
please address your request to the person that sent it to you.
*Copyright etc.*
WMLR Digest is 1999-2003 in all formats for all the World. However, you are
encouraged to forward it to friends and colleagues that are likely to be
interested. The only conditions attached to this permission is that the mail
must be forwarded in its entirety and without addition, deletion or
modification and that it must not be sent to anyone that you think would not
welcome it. You are welcome to distribute it internally to your entire
organisation but extensive mailings outside your organisation are not
permitted.
Vortex Centrum Limited (World Money Laundering Report) asserts its moral
rights to be identified as author with regard to the content of WMLR Digest.
World Money Laundering Report and WMLR Digest are published by Vortex
Centrum Limited, a UK corporation. Full contact details are at
www.antimoneylaundering.net
Tel: + 6 03 2072 5188
Editor Nigel Morris-Cotterill
WMLR Digest ISSN1473-3390
World Money Laundering Report (electronic) ISSN 1473-3439
World Money Laundering Report (print) ISSN 1473-3455
Email - [email protected]
What's Related