FIU Completes 1st Phase National Risk Assessment

first_imgFIU Director-General, Alex Cuffy Against money laundering and terrorist financingThe Financial Intelligence Unit (FIU) of Liberia has completed the first phase of a national risk assessment (NRA) against money laundering and terrorist financing (ML &TF).The NRA, which will roll over a year, is to identify, assess and understand ML&TF’s risks and apply a risk-based approach to prevent or mitigate ML&TF.The first phase was held from April 17-19 at the Central Bank of Liberia with representatives from 20 financial and security institutions, including the Liberia Anti-Corruption Commission (LACC), Central Bank of Liberia (CBL) and GSM companies.The NRA is being sponsored by the African Development Bank (AfDB) with technical and financial support from the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) and the World Bank.FIU Director-General Alex Cuffy was understandably delighted with the kick-off, after several brainstorming exercises at home and abroad.“Our partners, who assisted us throughout this process, were pleased that we had a good set of people, who were selected and attended the workshop. And I am also pleased that they came out, and at the end of the day it is successful.“It was a workshop where people worked and made presentations. So there is a lot of expectation that everything will go on fine. The real work begins. In the next six months, this is the phase where all the teams from different institutions will be collecting the data,” said Cuffy, who heads the NRA coordinating team.He told ECOWAS Radio on April 19, 2018, that the NRA will be critical for Liberia within the Financial Action Task Force (FATF), the global regulator on ML&TF.“We will be able to clearly identify where the problems are coming from. That is what we called the threats. And then we will clearly lay out our vulnerabilities. And then we will form a framework. And we would have identified and focused our limited resources on areas of high risks.“It [the NRA] is also important because Liberia is a part of the comity of nations. Money laundering and terrorist financing is a cross-border crime. That is why FATF is involved with this whole process,” added Cuffy, who was the only Liberian to work with the international community-led Governance and Economic Management Assistance Program (GEMAP) from 2006-2010 in Liberia.Cuffy was praised by GIABA research and planning director Muazu Umaru, AfDB’s chief financial economist on the prevention of money laundering and illicit financial flows, (IFFs) Samuel Chukwuka Ijeh and World Bank senior financial sector specialist Cari Votava for leading Liberia’s NRA process.The FIU, under Cuffy, has issued four AM&TF regulations with the passage of a 2016 Anti-Terrorism Act.A governance steering committee, which is made-up of heads of 20 law enforcement entities and financial regulators, was formed as part of the NRA.It will be chaired by CBL and jointly co-chaired by the ministries of Finance and Development Planning and of Justice, which also co-chairs the FIU board of directors.Atty. Lafayette Gould, who is the special assistant in the office of Liberia’s solicitor-general, said the exercise is good.“It sets the basis for us to go out now and look for the problems that we are faced with when it comes to money laundering and terrorist financing.“I think the workshop is an eye-opener. And we are definitely going to make use of the knowledge gained from here to ensure that by the time we reach March 2019 we would have completed the process for the report to be submitted,” Gould declared.There are 21 predicate offenses, including drug trafficking, tax evasion, corporate crime, corruption, fraud and organized theft, illegal logging and fishing, people smuggling, sexual servitude, that are linked to money laundering.A technical working group will coordinate and collect all the data in order to hit the ground running with awareness and training opportunities.Zobon Kolenky, asset declaration and verification officer at the Liberia Anti-Corruption Commission (LACC), believes the NRA will require a lot of attention to details.“Liberia is a part of a comity of nations and if our financial sector is vulnerable to money laundering and terrorist financing, we stand as a risky country to other nations. It affects our importation, which will also affect the prices of goods and services.“So it is a very good thing for us to open ourselves up to this exercise and for all stakeholders to cooperate with individuals who will be coming their way to ask questions. It is not an audit. It is about knowing how vulnerable our country is and what measures can be taken to correct those vulnerabilities. That is the important thing about this exercise,” said Kolenky.Liberia must complete its NRA in March 2019.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

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Gunmen snatch cash from paint company employees

first_imgTwo employees attached to Automotive Arts on Croal Street, Georgetown were on Wednesday relieved of a bag containing close to million in cash by two armed men. The incident occurred just after 13:00h.The workers, according to reports, had just returned from a commercial bank and as they exited their motor car, a black car pulled up alongside them and stopped. As the black car came to a halt, one man who was carrying a hand gun exited and grabbed the bag that contained the money.The gunman then reportedly discharged a round into the air and hurriedly entered the waiting motor car, which fled the scene. By this time, several persons from within the building rushed out and immediately summoned the Police.An official of the paint company told media operatives that two workers went to the bank to collect “change money” and confirmed that it was less than $1 million. A Police source told Guyana Times that they were up to late Wednesday evening reviewing the surveillance footage captured by the business place.He noted that the man who exited the getaway car was not wearing a mask and the Police would check their database to see if there was a match.The manager of the company was happy no one was hurt during the robbery, but related that the two employees were traumatised.last_img read more

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L.A. city-county unit to fight piracy

first_imgA study by the Los Angeles Economic Development Corp. estimates that pirated goods resulted in the loss of about 106,000 direct and indirect jobs in the county in 2005. It also estimated that it deprived state and local governments of more than $400 million in tax revenue that year. The panel will seek to develop a comprehensive approach to reducing piracy, including penalties and how to allocate more money for police and prosecutors. “We also think that we need to develop an educational campaign for judges so that when we do convict these people they are given more than a slap on the wrist,” Greuel said. Councilwoman Jan Perry, whose district includes “Santee Alley,” where pirated goods are often openly sold, said it is more than a minor problem. Perry said a recent shooting near an elementary school in her district was sparked by a turf battle among counterfeiters. Saying pirated goods cost Los Angeles County firms $5.3 billion a year, Los Angeles city and county officials announced on Friday the creation of a task force to develop strategies to stem the counterfeit trade. “Los Angeles is the creative capital of the nation,” Mayor Antonio Villaraigosa said at a news conference in the Staples Center plaza where tables of pirated products – watches, wallets, designer jeans, CDs and DVDs – were on display. “Every dollar lost to piracy represents a dollar lost to the hard-working families that make Los Angeles the envy of the world.” The task force will be chaired by City Councilwoman Wendy Greuel and will include city and county officials as well as industry representatives. “And this is also the gateway to crime,” Perry said. “These pirates often use young people to serve as their mules to sell the CDs and DVDs because they know they will get lighter sentences.” Villaraigosa said the issue is so important that he discussed it with Chinese officials during his recent trip to Asia. “When I was in China, I had high-level discussions on the impact of piracy in Los Angeles,” he said. “This is the epicenter of the entertainment industry and when you look at the numbers we’re talking about, it has to be an effort on the state and federal level, as well.” rick.orlov@dailynews.com (213) 978-0390160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

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Elifritz named January Miami East FFA Member of the Month

first_imgShare Facebook Twitter Google + LinkedIn Pinterest The January 2016 Miami East-MVCTC FFA Member of the Month is Kyle Elifritz. Kyle is the son of Joe and Tiffney Elifritz of Fletcher. Kyle is a freshman at Miami East High School and a first year agriculture student enrolled in Agriculture, Food, and Natural Resources.Kyle was chosen for his continued strong worth ethic and dedication to FFA events. At the recent county and district Parliamentary Procedures Career Development Event, Kyle served as the chairperson and led his team to a gold rating at both events. He participated in the District Job Interview Career Development Event in Division 1. He also earned the Greenhand FFA Degree and helped regularly with the loading and sort of fruit during the chapter’s fruit sales fundraiser.Every month of the school year the Miami East-MVCTC FFA will select a student to be the FFA Member of the Month.  The officer team will nominate one student that has been actively involved in the FFA chapter, school and community activities.  If selected, the member will be recognized at the monthly FFA meeting, have their picture displayed in the Miami East Agriculture Classroom, and receive a special memento in celebration of their accomplishment.last_img read more

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Single Military Parents: Prevalence & Effects

first_imgBy Kacy Mixon, M.S., LMFTParenting demands can be incredibly difficult to manage, especially when coupled with work obligations. It comes as no surprise, then, that single parents who are juggling the day-to-day responsibilities associated with caring for their children can feel increasingly overwhelmed when faced with parenting demands. Circumstances surrounding single parenting roles can involve added responsibilities of household management and less time for themselves to socialize with other adults. One study found that 31% of single fathers felt that time was their major concern. Research has also shown single mothers report less satisfaction with their emotional support systems, more stress, and poor well-being including feeling lonely, strained, and tired [1]. There are around 73,000 active-duty single parents in the military [2]. These individuals comprise over 5% of the overall active-duty military population [2]. The image below shows the breakdown of single parents by military branch [2]:[Flickr, 130922-Z-OU450-266 by North Carolina National Guard, CC BY-ND 2.0] Retrieved on September 17, 2015Single military parents face the dual challenges of military family life and single parenthood. For this reason single military parents often need complex strategies for balancing their military career with family life [1].Beyond financial hardship commonly experienced by single parents, 53 % of single military mothers and 55% of single military fathers have reported difficulty managing work and family stress.  Research indicates few differences among single military mothers and fathers and occupational stress [1]. However, one difference shown for single fathers was that as the number of years in the military grew, the number of supportive people in their lives decreased. Within the civilian population, there are more single mothers [3]. In the military, however, there are more single fathers. In fact, for every single military mother, there are 2.8 single military fathers [1].Single Military Parents and Deployment: There are some beneficial military programs that assist with deployment and parenting demands of military personnel such as family readiness groups and some policies can help to optimize the length and timing of deployment to meet needs of families. For single military parents, relocation of children during deployment can be an added stressor causing additional family stress as relatives or child caregivers may be located hundreds of miles away. To relocate their children before they have to deploy, single parents may have to take personal leave time and pay for travel expenses out of pocket [4].The predominance of single parents in the military coupled with documented added stressors associated with this family configuration, mean that this is an important issue for professionals who work with military families to consider.  Awareness of common struggles faced by single military parents may be useful when coming up with strategies for prevention and intervention.References[1] Kelley, M.L. (2006). Single military parents in the new millennium. In C.A. Castro, A.B. Adler, and T.W. Britt (Eds.), Military life: The psychology of serving in peace and combat (pp. 93-103). Wesport, CT: Praeger Security International[2] Wilson, E. (May, 2010). Single moms juggle military, home demands. American Forces Press Services.[3] Blanchard, S. (2012). Are the needs of single parents serving in the Air Force being met? Advances in Social Work, 13(1), 83-97.[4] Goodman, P., Turner, A., Agazio, J., Throop, M., Padden, D., Greiner, S., & Hillier, S. (2013). Deployment of military mothers: Supportive and non-supportive military programs, processes and policies. Military Medicine, 178(7), 729-734. This post was written by Kacy Mixon, M.S., LMFT, Social Media Specialist.  She is a member of the MFLN Family Development (FD) team which aims to support the development of professionals working with military families. Find out more about the Military Families Learning Network FD concentration on our website, on Facebook, on Twitter, YouTube, and on LinkedIn.last_img read more

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Victorious Qatar returns to Doha to a “rapturous” welcome

first_imgPrivate companies step in to help SEA Games hosting US judge bars Trump’s health insurance rule for immigrants Don’t miss out on the latest news and information. SEA Games hosting troubles anger Duterte PDEA chief backs Robredo in revealing ‘discoveries’ on drug war U.S. urges Japan, South Korea to share intel PLAY LIST 01:35U.S. urges Japan, South Korea to share intel00:50Trending Articles00:50Trending Articles02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss Sports Related Videospowered by AdSparcRead Next ‘We are too hospitable,’ says Sotto amid SEA Games woes LATEST STORIES Oil plant explodes in Pampanga town “I am very happy to see the people celebrating with us, we realize how big what we did is,” said coach Felix Sanchez. “When you win a trophy like that you feel very proud, to see that the hard work sometimes gives you the reward.”The AFC statement said players and staff were mobbed by fans, friends and family before getting on a specially decorated open-top bus to begin the trip into Doha from the airport.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSUrgent reply from Philippine ‍football chiefSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption charges“I am proud to make these people happy,” said Ali Almoez, the tournament’s top scorer. “I am proud of this thing and all the players are. For 40 years Qatari people did not celebrate, now we will celebrate for the next four years and not stop.”Victory will give Qatar renewed hope of being able to compete against the world’s best teams when it qualifies for the first time for the World Cup — as hosts — in 2022. Grace Poe files bill to protect govt teachers from malicious accusations Lionel Messi has injury scare after scoring 2 goals in Barcelona draw Qatar\s players lift the trophy after winning the AFC Asian Cup final match between Japan and Qatar in Zayed Sport City in Abu Dhabi, United Arab Emirates, Friday, Feb. 1, 2019. (AP Photo/Kamran Jebreili)DOHA, Qatar — The Asian Football Confederation said Sunday that Qatar’s victorious Asian Cup football team returned home to Doha to a “rapturous welcome” and was greeted by the country’s ruler and hundreds of thousands of fans.The AFC said Emir Sheikh Tamim bin Hamad Al-Thani met the players to begin a second straight night of celebrations in Doha after Qatar beat Japan 3-1 in the Asian Cup final on Friday.ADVERTISEMENT MOST READ ‘We are too hospitable,’ says Sotto amid SEA Games woes View commentslast_img read more

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Testosteroneboosting supplements may not have ingredients to support their claims research shows

first_imgReviewed by James Ives, M.Psych. (Editor)Jun 27 2019Men who want to improve their libido or build body mass may want to think twice before using testosterone-boosting supplements – also known as “T boosters” – as research shows these alternatives to traditional testosterone replacement therapy may not have ingredients to support their claims, according to Mary K. Samplaski, MD, assistant professor of clinical urology at the Keck School of Medicine of USC. Many supplements on the market merely contain vitamins and minerals, but don’t do anything to improve testosterone. Often, people can be vulnerable to the marketing component of these products, making it difficult to tease out what is myth and what is reality.”Mary K. Samplaski, MD, Keck School of Medicine of USC Testosterone is the primary male sex hormone and the reason why men produce sperm and have Adam’s apples. It’s also why men develop more “masculine” features like bulging muscles, a deep voice, broad shoulders and a hairy chest. After age 30, most men experience a gradual decline in testosterone, sometimes causing these features to diminish or new symptoms to occur, like erectile dysfunction. In an attempt to turn back the hands of time, some men will turn to T boosters.Using a structured review approach, Samplaski and a team of researchers explored the active ingredients and advertised claims of 50 T boosting supplements. Their findings were published as an original article in The World Journal of Men’s Health.Researchers performed a Google search with the search term “Testosterone Booster,” thus mimicking a typical internet research for someone looking to increase testosterone levels, and then selected the first 50 products that came up in their search. Then, the team reviewed published scientific literature on testosterone and the 109 components found in the supplements. Zinc, fenugreek extract and vitamin B6 were three of the most common components in the supplements.Related StoriesBridging the Gaps to Advance Research in the Cannabis IndustryAXT enhances cellular research product portfolio with solutions from StemBioSysSchwann cells capable of generating protective myelin over nerves finds researchThe team also compared the content for each supplement with the Food and Drug Administration’s (FDA) Recommended Daily Allowance (RDA) and the upper tolerable intake level (UL) as set by the Institute of Medicine of the National Academy of Science.Of the 150 supplements, researchers came across 16 general claims to benefit patients, including claims to “boost T or free T”, “build body lean mass or muscle mass”, or “increase sex drive or libido.”While 90% of the T booster supplements claimed to boost testosterone, researchers found that less than 25% of the supplements had data to support their claims. Many also contained high doses of vitamins and minerals, occasionally more than the tolerable limit.Unlike drugs, supplements are not intended to treat, diagnose, prevent, or cure diseases, according to the FDA. As such, Samplaski would like to see more regulation around testosterone-boosting supplements to protect consumers. She also would like to explore disseminating handouts to her patients with more accurate information in the hopes that it encourages patients to seek a medical professional for low testosterone issues.While no one can escape the effects of aging, Samplaski says there is something men can do to address their concerns. “The safest and most effective way for men to boost low testosterone levels is to talk with a medical professional or a nutritionist.” Source:University of Southern California – Health SciencesJournal reference:Samplaski, M.K. et al. (2019) ‘Testosterone Boosting’ Supplements Composition and Claims Are not Supported by the Academic Literature. The World Journal of Mens Health. doi.org/10.5534/wjmh.190043.last_img read more

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Juno Finds Mysterious Unexpected Currents Crackling Through Jupiters Magnetosphere

first_imgThere are turbulent, unexpected currents crackling through Jupiter’s atmosphere, producing brilliant auroras. Juno, the NASA probe that has orbited the gas giant since 2016, passes over Jupiter’s polar regions ever 53.5 days, collecting data on the magnetic forces that produce ultrabright auroras above the huge planet. In a new paper, published July 8 in the journal Nature Astronomy, researchers working with Juno’s data discovered that the electric currents passing through Jupiter’s magnetosphere — the region of its atmosphere richest with magnetic field lines — don’t act as expected. The probe found less direct current — current that constantly flows in one direction — than physicists predicted. It was only about 50 million amperes, an incredibly powerful current, but not as high as theoretical models of Jupiter’s magnetosphere suggested would be present. That finding suggests that “alternating current” — current that flickers back and forth — plays a much bigger role in producing Jupiter’s auroras than anyone realized, the researchers wrote. On Jupiter, as on Earth, auroras are a product of whirling currents in magnetic fields interacting with high-energy particles from the sun. [10 Places in the Solar System We’d Most Like to Visit]Headbutting Tiny Worms Are Really, Really LoudThis rapid strike produces a loud ‘pop’ comparable to those made by snapping shrimps, one of the most intense biological sounds measured at sea.Your Recommended PlaylistVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9接下来播放Why Is It ‘Snowing’ Salt in the Dead Sea?01:53 facebook twitter 发邮件 reddit 链接https://www.livescience.com/65951-jupiter-currents-magnetosphere-tesla.html?jwsource=cl已复制直播00:0000:3500:35  “These observations, combined with other Juno spacecraft measurements, show that alternating currents play a much greater role in generating Jupiter’s aurora than the direct current system,” Joachim Saur, an author of the paper, said in a statement. On Earth, we typically think of alternating and direct currents (AC and DC) in terms of electronics. Famously, in the late 19th century, inventors Thomas Edison and Nikola Tesla disagreed sharply over which method should be used to deliver power to electrical devices. DC power doesn’t convert as easily between different voltages, according to the U.S. Department of Energy (DOE), so Tesla wanted to turn the more-easily convertible AC into the standard. Edison, guarding his DC-dependant patents, resisted the change and spread misinformation that AC was more dangerous, according to the DOE. Tesla won out in the end, and AC became the standard for U.S. power plants. However, according to the DOE, direct current has regained favor as more battery-powered devices have come to market. Your lights are probably running on AC power, but there’s a good chance the device you’re reading this on relies on DC. (That’s why your laptop requires an AC adapter.) In the space around Jupiter, the proportion of AC to DC isn’t determined by feuding pre-modern inventors, but by the behavior of ions in the planet’s atmosphere. Jupiter has powerful currents than Earth for several reasons, including its huge size, its fast rate of spin and the excess of charged particles (ions) pumped out from volcanoes on the moon Io. That such a large proportion of those currents are AC seems to be a result of turbulence in the planet’s magnetic fields, the researchers wrote. Turbulence in this sense refers to the disordered way in which the magnetic fields’ shape and directionality fluctuates. And that turbulence is producing different effects at each of Jupiter’s two poles. In the time Juno has orbited Jupiter, the planet’s north pole has experienced about half the current of the south pole, the researchers wrote. That seems to be a result of the much more complex arrangement of magnetic field lines in the north, which interrupts the flow of currents. In the south, they wrote, the magnetic field lines are “smoother.” The effects of those differences are visible in the two poles’ auroras, they noted. In the north, the auroras tend to be more widely dispersed, with a structure of “filaments and flares.” In the south, the auroras tend to be more structured, with a “bright arc” extending out from the main oval where auroras occur. This research on Jupiter’s powerful magnetic fields, the researchers wrote, could inform their understanding of Earth’s weaker magnetic field — humanity’s main protection against harsh solar particles. Some researchers already suspected turbulence produced a significant proportion of currents around our planet. This work seems to lend credence to that idea. The 18 Biggest Unsolved Mysteries in Physics Science Fact or Fantasy? 20 Imaginary Worlds 5 Mars Myths and Misconceptions Originally published on Live Science.by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeVikings: Free Online GamePlay this for 1 min and see why everyone is addicted!Vikings: Free Online GameUndoInfinityKloudThis Smart USB Backs Up Your Computer In Seconds.InfinityKloudUndoSecurity SaversWindows Users Advised To Do This TodaySecurity SaversUndoLivestlyThis List Ranks The Dog Breeds You’ll Want To Avoid At All CostsLivestlyUndoGrepolis – Free Online GameAre You Strong Enough for this Game?Grepolis – Free Online GameUndoWorldemandThe One And Only WD40 Trick Everyone Should KnowWorldemandUndolast_img read more

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I was wrongly labelled a wilful defaulter Dighi Port CMDI was wrongly

first_imgCOMMENTS RELATED SHARE SHARE EMAIL NCLT approves JNPT’s resolution plan to purchase Dighi Port for ₹853 crore SHARE COMMENT Published oncenter_img Vijay Kalantri says he will write to Bank of Baroda to rescind the tag Businessman Vijay Kalantri, the latest to be declared a wilful defaulter by a lender as part of a government plan to purge the banking system of bad loans, says he has been wrongly labelled.“A wilful defaulter is someone who has the capacity to pay but does not pay, or has siphoned off funds; both the cases are not applicable to me,” Kalantri told BusinessLine.On June 2, Bank of Baroda issued a public notice labelling Vijay Kalantri, his son Vishal Kalantri and Dighi Port as wilful defaulters.Dighi Port was jointly promoted by Balaji Infra Projects and IL&FS through a concession awarded by the Maharashtra government. Vijay Kalantri is Chairman and Managing Director of Balaji Infra Projects as well as Dighi Port before it was taken to the National Company Law Tribunal (NCLT) for debt resolution under the bankruptcy law.Kalantri said he will be writing to Bank of Baroda seeking to overturn the labelling.“We have not siphoned off funds. There is a forensic report which says everything is correct, and the bank auditor was on board. So there is nothing which is there to label me a wilful defaulter,” he claimed.The corporate insolvency resolution process of Dighi Port is nearing completion. “The resolution process extinguishes the guarantees and rights of the promoters,” Kalantri claimed. Dighi Port did not owe money to Bank of Baroda, but the bank stepped in to issue the public notice after its merger with Dena Bank and Vijaya Bank which were part of the consortium that had lent money to the troubled private port. “Dighi Port faltered because the government did not give it road and railway connectivity as promised. If it had,, the port would not have come to this stage; we would have made money out of it and paid off everybody,” Kalantri said, adding that the actual loan was for ₹785 crore which ballooned to ₹3,074.51 crore due to overdue interest and penalty. “What is ₹785 crore loan — it’s not a big amount for such a big project where I have invested more than ₹1,000 crore of my personal money. The port project was started in 2004, and until 2009, I never took one rupee as loan,” he added. June 05, 2019 ₹853-crore JNPT-Dighi Port deal in trouble Vijay Kalantri   –  SHASHI ASHIWALlast_img read more

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