Maritime Fraud

The Top Challenges in Anti-Money Laundering and Sanctions Compliance in 2021 and Beyond

The Top Challenges in Anti-Money Laundering and Sanctions Compliance in 2021 and Beyond

We are pleased to announce that Norton Rose Fulbright have just released their 2021 Global Anti-Money Laundering (AML) and Sanctions Compliance Survey.

Sven Stumbauer Global Anti-Money Laundering and Sanctions Compliance Consulting Leader and Senior Advisor, says:

“I am pleased to say that this year we had nearly 400 respondents from 77 jurisdictions participate in our survey. Our results highlight the ongoing...

https://allaboutshipping.co.uk/2021/09/20/the-top-challenges-in-anti-money-laundering-and-sanctions-compliance-in-2021-and-beyond/

Elcome Announces New Virus Protection Tool for Ships’ Navigation Computers

Elcome Announces New Virus Protection Tool for Ships’ Navigation Computers

Elcome International Bridge Protect USB 3.0 Secure Flash Drive

DUBAI, UNITED ARAB EMIRATES – Sept 7, 2021 – Elcome International, one of the world’s largest distributors of nautical charts and publications, has created a new secure tool to prevent viruses, malware or corrupted files from being introduced into ships’ navigational computers.

Elcome Bridge Protect provides a simple and cost-efficient method of ensuring safe...

https://allaboutshipping.co.uk/2021/09/07/elcome-announces-new-virus-protection-tool-for-ships-navigation-computers/

It’s full steam ahead for cyber crime unless the shipping industry and the authorities can keep it in check

It’s full steam ahead for cyber crime unless the shipping industry and the authorities can keep it in check

Matthew McGhee

The steady and continuing increase in cyber piracy and the large scale measures needed to resist it have become a major concern for international shipping. More than ever, owners, operators and charterers have to focus on the motives, methods and targets of hackers; the vulnerability of computer systems; the legal concerns of charterers and other parties; the counter measures...

https://allaboutshipping.co.uk/2021/07/07/its-full-steam-ahead-for-cyber-crime-unless-the-shipping-industry-and-the-authorities-can-keep-it-in-check/

CBDC and blockchain: Are we worrying too much about privacy?

CBDC and blockchain: Are we worrying too much about privacy?

Friday 21 May 2021 – Vol.12 Ed.20.5

Commentary: CBDC privacy concerns are overblown

By Philip Middleton in London

In response to OMFIF’s market research on what the most important attributes of a central bank digital currency should be, the most ticked boxes were those marked ‘privacy’ and ‘security’. In the US and Germany over 70% of respondents prioritised privacy as the essential feature of a putative CBDC. Since in a market economy...

https://allaboutshipping.co.uk/2021/05/21/cbdc-and-blockchain-are-we-worrying-too-much-about-privacy/

WISTA Sweden webinar: Ian Urbina on lawless oceans – Invisibility is the fundamental problem

WISTA Sweden webinar:  Ian Urbina on lawless oceans – Invisibility is the fundamental problem

Ian Urbina on a reporting trip in Indonesia. Photo courtesy of the Outlaw Ocean Project, all rights reserved.

On April 16th, WISTA Sweden hosted a webinar where journalist Ian Urbina – Pulitzer Prize winning New York Times investigating reporter, author of best-selling book The Outlaw Ocean and founder of the Outlaw Ocean Project – spoke about the dark side of commercial activities on the oceans.

With...

https://allaboutshipping.co.uk/2021/04/21/wista-sweden-webinar-ian-urbina-on-lawless-oceans-invisibility-is-the-fundamental-problem/

French hopes of early end to lockdown increasingly forlorn… plus more

French hopes of early end to lockdown increasingly forlorn… plus more

Monaco; the marina and at the centre the Yacht Club de Monaco

Good Morning Monaco – Wednesday, April 21, 2021

French hopes of early end to lockdown increasingly forlorn

Although President Macron continues to hint that a return to the French way of life is just around the corner, his promise of the good life ring increasingly hollow.

UK’s Border Force grapples with IT challenges – very slowly

The British immigration control officers...

https://allaboutshipping.co.uk/2021/04/21/french-hopes-of-early-end-to-lockdown-increasingly-forlorn-plus-more/

Dr Aleka Mandaraka-Sheppard on Legal Shipping Challenges: an interview with John Faraclas

Dr Aleka Mandaraka-Sheppard* on Legal Shipping Challenges: an interview with John Faraclas

I was more than privileged twenty years ago to receive a copy of her Modern Admiralty Law in her UCL office, an unforgettable day – it happened to be her birthday! – when I got to learn more about this formidable sea-maiden dealing with the Laws of the Waves. Lady Luck was all the way with me as I have been able to follow closely her distinguished career in founding the London Shipping Law Centre of which...

https://allaboutshipping.co.uk/2021/02/25/dr-aleka-mandaraka-sheppard-on-legal-shipping-challenges-an-interview-with-john-faraclas/

American Club member Alert (Feb 24, 2021) Re- Piracy and Armed Robbery:2020 maritime Piracy trends report

American Club member Alert (Feb 24, 2021) Re- Piracy and Armed Robbery:2020 maritime Piracy trends report

FEBRUARY 24, 2021
PIRACY AND ARMED ROBBERY: 2020 MARITIME PIRACY TRENDS REPORT The British security intelligence firm, Dryad Global, has recently issued its 2021 annual report, which provides an overview of piracy trends worldwide. In summary, the report reveals that robberies are the most prevalent incident type in West Africa, but kidnapping incidents remain unacceptably high in the Gulf of...

https://allaboutshipping.co.uk/2021/02/24/american-club-member-alert-feb-24-2021-re-piracy-and-armed-robbery2020-maritime-piracy-trends-report/

TT Club PR: Annual cargo theft report indicates significant new trends

TT Club PR: Annual cargo theft report indicates significant new trends

TT Club’s Managing Director, Loss Prevention, Mike Yarwood

The report, which reflects whole year data from 2020 compiled by leading international transport and logistics insurer, TT Club, and global provider of supply chain intelligence, BSI, highlights significant new trends in risks both regionally and globally.

  • Thefts of cargo in transit remains highest proportion of total, all though the 71% share is a decrease from 2019...

https://allaboutshipping.co.uk/2021/02/24/tt-club-pr-annual-cargo-theft-report-indicates-significant-new-trends/

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