Related Items: Facebook Twitter Google+LinkedInPinterestWhatsApp#TurksandCaicos, October 24, 2017 – Providenciales – The Turks and Caicos Islands has undertaken Pre-Assessment Training in preparation for its Mutual Evaluation Assessment by the Caribbean Financial Action Task Force (CFATF) in line with the Financial Action Task Force (FATF) procedures that requires each country’s money laundering and terrorist financing risks to be assessed. The mutual evaluations process is the mechanism used to conduct assessments. The Pre-Assessment Training is a requirement in the mutual evaluation process.The assessment of the effectiveness of the legislative and regulatory infrastructure of the Turks and Caicos Islands’ financial sector has started by the delivery of a Technical Compliance Questionnaire which was received July 20, 2017 and to which the TCI responded on October 17, 2017. Another desk-based assessment whereby the TCI will have to provide to CFTAF Secretariat responses on the effectiveness of the anti-money laundering and combating of terrorism framework (AML/CFT) will have to be submitted. This will be followed by a two-week On-site evaluation by a CFATF assessment team early next year which will be followed by the publication of the Mutual Evaluation Report.Around fifty stakeholders and representatives from both the public and private sectors convened for a three-day workshop at the Sands Resort in Providenciales on 18-20th of October 2017. The workshop facilitated provision of comprehensive information needed for the country to prepare for all the stages of the assessment process. The training was divided into two sections with the first two days being geared towards the public sector and the last day for the private sector.Announcing the completion of the Pre-Assessment Training, Chair of the lead agency, the Anti-money laundering Committee (AMLC), Attorney General Hon. Rhondalee Braithwaite Knowles OBE said: “National cooperation and coordination are the keys to a successful outcome. This is major step in the preparation process here in the Turks and Caicos Islands which provides stakeholders with the necessary understanding of the Mutual Evaluation process, particularly the On-site visit. It will assist the country in being prepared to receive the Assessment Team and create awareness of the demands of the process.”The Hon. Attorney General also expressed special thanks to CFATF Deputy Executive Director Mr. Carlos Acosta and Legal Advisor Mr. Rommel St. Hill who led the training sessions. The TCI is also very grateful to the Government of Canada that facilitated the CFATF’s attendance and conduct of this training.For more information on the Mutual Evaluation Assessment process, please contact the TCI Attorney General’s Chamber.Press Release: TCIG Facebook Twitter Google+LinkedInPinterestWhatsApp
The Bear Stearns acquisition “certainly casts a gloomy outlook over where the markets and economy are headed,” DeSilva + Phillips managing partner Reed Phillips says. Kemp and Phillips are right. What’s going to come of situations like that with Reed Elsevier announcing plans to divest business sector magazine publisher Reed Business Information? A number of potential suitors have emerged, but is there really a strategic buyer out there willing to pony up $2-2.5 billion now?We’ll have to wait and see. Less than a week after its 21st annual media conference wrapped up in Florida, investment firm giant Bear Stearns Co. was sold Monday to rival JP Morgan Chase & Co. for $240 million—or just $2 per share, a 90 percent loss to what the company was worth a week ago.Although the dramatic news doesn’t have a direct impact on the magazine industry (unless Bear Stearns owes your business money, of course), it does have Wall Street traders up in arms again in a credit market that has former Federal Reserve Chairman Alan Greenspan—who some blame for the housing market fallout—calling the current U.S. economic crisis the “most wrenching since the end of the second world war.” Capital markets across all industries, including media investors, are nervous about yesterday’s news—and for good reason. “Every time that we think that we’ve seen the bottom of the credit market, something like this happens and we see that it can get much, much worse,” Veronis Suhler Stevenson managing partner Tom Kemp told me during a phone conversation this morning. “Every time these things happen, the credit approval process becomes more difficult, leverage will be tougher and pricing will be higher.”
See All SUVs Luxury cars Feb 8 • 2019 Chicago Auto Show recap: Big debuts from Mazda, Toyota, Subaru and more Feb 8 • Ram’s Multifunction Tailgate can open like French doors Review • 2019 Cadillac XT4: Style, but not enough substance More about 2019 Cadillac XT4 Chicago Auto Show 2019 2020 Kia Telluride review: Kia’s new SUV has big style and bigger value Feb 9 • 2019 Ram 2500 HD gets accessorized with Mopar goodies 72 Photos Enlarge ImageBorrowing a little bit of the Escalade’s fancy chrome isn’t a bad idea. Cadillac Despite being relatively new, the Cadillac XT5 already has two newer crossover siblings, the XT4 and the forthcoming XT6. So to keep up appearances, Cadillac has introduced a new limited-edition aesthetic package for its midsize SUV.Cadillac unveiled the 2019 XT5 Sport Package upgrade at the 2019 Chicago Auto Show on Thursday. Established as an optional package on top of either the Luxury or Premium Luxury trims, the XT5 Sport Package gives the SUV a little extra edge without breaking the bank.The most obvious change on the XT5 Sport Package is its grille, which is clad in gloss black and surrounded by Galvano chrome, a special kind of chrome with a unique luster that was first seen on the current-gen Escalade. The exterior changes are capped off with LED headlights, clear taillight lenses, side steps and 20-inch aluminum wheels in a gray finish.Buyers will choose from two interior color schemes — black with aluminum trim, or white and black two-tone with the same aluminum trim. There’s also a set of sport pedals on offer. Otherwise, it’s the same ol’ interior, including Cadillac’s 8-inch infotainment system with Apple CarPlay, Android Auto and a 4G LTE Wi-Fi hotspot. Under the hood is the 310-horsepower V6 that powers every XT5.The XT5 Sport Package is a $2,995 upgrade on the $49,490 Luxury trim, which includes standard equipment such as leather seats, a heated steering wheel, wireless device charging and a bevy of safety systems. Move up to the $55,190 Premium Luxury trim, and the package costs $1,995. Standard kit on the Premium Luxury trim includes a 14-speaker Bose sound system, embedded navigation, ventilated front seats and interior accent lighting. 2020 Cadillac XT6: Caddy’s new three-row crossover is heavy on tech • 2020 Hyundai Palisade review: Posh enough to make Genesis jealous Chicago Auto Show 2019 Cadillac Share your voice 0 More From Roadshow reading • Cadillac XT5 Sport Package gets dark for a limited time in Chicago Preview • 2019 Cadillac XT4: Late to the party, but worth your attention Feb 8 • Ram’s Multifunction Tailgate adds a 60-40 split Post a comment 2020 BMW M340i review: A dash of M makes everything better Tags
ReutersEverything was going as planned inside NBC’s Studio 6-B, the audience was having a great time, the cameras had enough juice in their batteries, even Maisie Williams and Jimmy Fallon were having a good chat.As Arya Stark went on talking about her experience and moments from the sets of Game of Thrones, Jimmy constantly kept on teasing her to reveal some spoilers from the upcoming season of the hit HBO show.Maisie Williams finally gave in to Jimmy Fallon’s persuasion and since the folks at HBO had already warned the actors not to divulge anything, Maisie recalled how everyone was emotional when the shooting ended. But out of nowhere, Maisie accidentally revealed that Arya Stark would be dying in the second episode.On hearing Maisie Williams say that loud, there was a pin-drop silence inside Studio 6-B. The audience was in shock, even Jimmy Fallon could not believe his ears that Maisie Williams, who has not, for the past 10 years, revealed anything about the previous seasons just let slip a spoiler for one of the most important characters on the show.Though Jimmy did try to manage the situation by assuring Maisie they will edit that part out, Maisie could not stay calm. Her hand was shaking, her finger could clearly be seen shivering with fear, as she said, “They are gonna tweet.” Jimmy tried his best and started to shoot again but, Maisie was already terrified by the trouble that she had caused.She left the interview in the middle, leaving Jimmy all by himself, stunned without any idea what to do next. The audience can be heard trying to assure Maisie, that they will not post any spoilers or updates but, all those efforts were in vain as Maisie could not be found. She had left but did she leave the building?Jimmy decided to go check on her, so he pulled the blue curtains that lead backstage and from there Maisie came out shouting, ‘April Fools’!Guess, for a time we were really disappointed that Maisie would reveal such an important plot, but thank God, she did not reveal anything.
A trader reacts as he watches screens on the floor of the New York Stock Exchange in New York on Feb 5, 2018.Reuters file [Representational Image]Asian stocks advanced on Thursday, tracking a surge on Wall Street, after the chairman of the US Federal Reserve suggested it may nearing an end to its three-year rate tightening cycle, boosting interest in riskier assets.The dollar struggled and U.S. Treasury yields dipped after Jerome Powell said on Wednesday that US policy rates were “just below” neutral, less than two months after saying rates were probably “a long way” from that point.MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.8 percent.The Shanghai Composite Index edged up 0.2 percent, Australian stocks gained 0.5 percent and Japan’s Nikkei climbed 0.9 percent.However, gains in Asia were tempered by investor jitters ahead of high-stakes trade talks between US President Donald Trump and his Chinese counterpart Xi Jinping on Saturday on the sidelines of the G20 summit in Argentina.Economists at ANZ pointed out that policy hawks in the Trump administration who want Washington to take a tough stance against Beijing appear to be in the ascendancy.”They will want some concessions from China, not least of all on what they perceive is theft of intellectual property and forced technology transfer,” wrote the ANZ economists.”Thus, it would seem the prospect of the Trump-Xi meeting ending without a sustainable resolution to their differences is relatively high.”Analysts believe any signs of a thaw in U.S.-China tensions could trigger a knee-jerk rally but say the move would likely be short-lived unless there are substantive compromise from both sides — most notably if Xi can persuade Trump to postpone a sharp tariff hike on Chinese goods due to take effect Jan. 1.The Dow meanwhile rallied 2.5 percent and Nasdaq surged nearly 3 percent on Wednesday as Powell’s comments eased fears of a faster pace of rate hikes in 2019. “Equities gained as Powell hinted of implementing fewer rate hikes when the economy is still doing well,” said Masafumi Yamamoto, chief forex strategist at Mizuho Securities in Tokyo.”The likelihood of slower U.S. monetary tightening caused the dollar to slump against currencies, particularly the euro, which could soon benefit from an ECB rate hike.”The euro was a shade higher at $1.1374 after advancing 0.7 percent the previous day.The dollar dipped 0.2 percent to 113.46 yen after being knocked down from a two-week high above 114.00 scaled overnight.The Australian dollar, sensitive to shifts in broader risk sentiment, jumped more than 1 percent on Wednesday and last stood little changed at 0.7302.The dollar index against a basket of six major currencies was effectively flat at 96.805 following an overnight loss of 0.6 percent.The U.S. two-year Treasury yield extended a modest decline from the previous day following Powell’s comments. The yield was down about 1 basis point at 2.796 percent.Oil prices clawed back some ground from losses in the previous session, but an increase in U.S. crude inventories and uncertainty in the run to an OPEC meeting next week kept markets under pressure. US crude futures were up 0.8 percent at $50.66 per barrel after sliding 2.5 percent the previous day.Brent crude rose 0.6 percent to $59.13. It has slumped 21 percent this month, during which it fell to a 13-month trough of $58.41.
Dhaka has made certain breakthroughs in the process of bringing back death-row convicts of Bangabandhu Sheikh Mujibur Rahman murder case, law minister Anisul Huq has indicated.Diplomats in Washington said on Monday that the United States government has ‘some interest’ in extraditing AM Rashed Chowdhury, one of such convicts who is now living there under political asylum.The government of Bangladesh has started the communication process to bring back two more convicts after being certain that Shariful Haque Dalim is staying in Spain and Moslem Uddin in Germany.However, Canada, a country which opposes death penalty, refuses to hand over another convict in the Bangabandhu murder case – Noor Chowdhury.Dhaka does not know where two others – Khandaker Abdur Rashid and Abdul Mazed – are currently living, foreign ministry officials admit.The law minister told Prothom Alo earlier on 2 August that, “Death penalty has not been abolished in the US. So, the US has no point why AM Rashed Chowdhury shall not be extradited… What I can say is that there has been certain breakthroughs in the process.”On extradition of Noor Chowdhury from Canada, Anisul Huq, a lawyer by profession, said that they have continued discussions with Canada.Anisul Huq is the head of the taskforce the government earlier formed to bring back the convicts of the murder case of Bangabandhu Sheikh Mujibur Rahman, who was killed on 15 August 1975 in a coup d’etat.Foreign minister AH Mahmood Ali, during his visit to US in February of 2015, requested Washington to extradite Rashed Chowdhury. Three months later, a US legal consultancy firm named Skadden LLP was hired to expedite the process of extradition of Rashed Chowdhury.Former president Barack Obama’s law consultant Gregory Craig, now representing the firm, is monitoring the case. He and his colleagues had held a series of meetings with the officials of US departments including the state department and the homeland security. The matter was brought to the attention of the then US attorney general Stuart Bruce.Following foreign minister Mahmood Ali’s request to the US law office last year for extraditing Rashed Chowdhury, Skadden LLP informed Dhaka that the US is positive about extraditing Rashed Chowdhury.In June 2007, the US government sent back another convict in the case KM Mohiuddin, who failed to get political asylum, and who had already been executed.When asked about progress in bringing back Moslem Uddin, Bangladesh ambassador to Berlin Imtiaz Ahmed declined to make any comment.Also, Bangladesh ambassador to Madrid, Hasan Mahmud Khandaker did not make any comment on Dalim’s stay in Spain.Both Germany and Spain have already abolished the death penalty as punitive measure for serious offence.Foreign ministry officials in Dhaka said Canada has not yet completed the pre-risk removal assessment of possible extradition of Noor Chowdhury although the Canadian high court rejected his appeal for political asylum.A three-member Bangladesh delegation held discussion with Canadian authorities in April about forming a taskforce for bringing him back. The two sides may hold talks again in December.Abdur Rashid, a key convict, is believed to have been staying in Islamabad. Dhaka has sought information from Islamabad about his stay in Pakistan. No reply came in this regard till date.The government is yet to trace the whereabouts of Abdul Mazed.*This report, originally published in Prothom Alo print edition, has been rewritten in English by Rabiul Islam.
A new Greyhound bus terminal located at 2110 Haines St. in Baltimore was dedicated to Maryland’s 7th District Representative, Congressman Elijah Cummings, on May 9.The station, in downtown Baltimore, now bears Cummings name on the side of the building.“I am deeply humbled by this tremendous honor,” Congressman Cummings said at the ceremony. “This new bus terminal is a vital investment in Baltimore’s future and will serve our city’s residents and visitors for years to come. Baltimore’s federal, state and local officials must continue working in partnership with our business community to ensure that Baltimore residents will have reliable and affordable transit options.”Mayor Catherine Pugh and Bill Blankenship, Greyhound chief operating officer, were among those in attendance.