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20250101 There are no pigs and there are no butchers

Wednesday, 1 January, 2025 - 00:36

We need to question if information is correct or, even, true.

Here is an example of how so-called generativeAI operates by "bias" and how that "bias" arises.

 

20241211 False ecology

Wednesday, 11 December, 2024 - 04:05

Companies should not be allowed to crow about their green credentials when their business practices result in unnecessary waste.silicon explant

20241120 Determining the boundaries of prostitution.

Wednesday, 20 November, 2024 - 02:14

It used to be simple: if a person (originally presumed to always be a woman) received a benefit for the provision of sexual services, that was prostitution.

Then it became a lot more complicated.

20241113 When Robots go Rogue

Wednesday, 13 November, 2024 - 06:46

The USA's National Transportation Safety Board has effectively declared formal disinterest in crashes involving autonomous vehicles. Nigel Morris-Cotterill looks at what constitutes autonomy and what happens when robots go rogue.

So what is a robot and is there an unreported and uninvestigated aspect of crashes involving Tesla cars? The evidence suggests that there is.

20241105 Let's talk policies, law and regulation.

Tuesday, 5 November, 2024 - 08:28

Let's call them, collectively, "rules" for simplicity.

There's a problem with plastics, so we make rules as to their end use and disposal. But we don't make rules as to their introduction into the chain of consumerism (I do not here use that as a pejorative) or to discourage demand. A government is planning "luxury" tax rates on avocados and salmon but does not think that any mobile phone costing more than USD100 should be taxed as a luxury. Or watches, handbags etc. above a certain threshold.

20241014 Independent Thought and Critical Thinking are being eradicated. We must fight back.

Monday, 14 October, 2024 - 03:58

An academic says he never hears any contrary opinions in relation to financial crime policy, law and regulation. He's wrong, there are plenty if one looks. But if he had said that such opinions are difficult to find, he'd be right. He edited his post and that is also wrong: there are people who stand on platforms and set out the reality and make reasoned arguments for alternative, and more effective, approaches. But if he said they are few and far between at commercial conferences or the free / heavily subsidised events put on by government departments and sponsored by the usual suspects, he'd be right.

So, let's set the record straight.

20240912 Outreach or Over-reach: the USA's global regulatory grab

Thursday, 12 September, 2024 - 08:05

The USA has had another go at money laundering regulation for investment advisers. This time, unlike previous attempts, it's got as far as publishing a Final Rule with an in-force date of 1 January, 2026. It's a massive document with a large and wordy "Fact Sheet" to accompany it.

20240910 English Civil Court makes money laundering KYC much more complicated

Tuesday, 10 September, 2024 - 07:44

The recent case of The WORLD UYGHUR CONGRESS v The NATIONAL CRIME AGENCY was heard in The Court of Appeal in the Administrative Court. It's about as far away from the criminal courts as it's possible to get within the English legal system and is only one of many cases over the years where civil courts have made determinations on matters we would normally expect to be within the purview of the criminal courts, particularly in relation to proceeds of criminal conduct.

20240905 Commonality of Offence - exchange control

Thursday, 5 September, 2024 - 08:10

There is a long-standing question. Is breach of exchange control regulations in one country a predicate crime for money laundering purposes in the destination country even when that country does not have exchange control? There is still no clear answer but there now an indication of something potentially helpful.

20240829 I must just have one of those faces...

Thursday, 29 August, 2024 - 08:22

oday, as they should WISE wanted to re-verify me. That makes me happy.

Their tech, part of which is supplied by Zoom, didn't work. That makes me unhappy.

And their system required me to start the process over and over and over and... you get the picture again and that just made me cross.

So I wrote to them.

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