Switzerland named as capital of banking secrecy

xxx Switzerland has emerged as the global capital of banking secrecy in the latest Financial Secrecy Index (FSI), published this week. Tax transparency and anti-corruption campaigners Tax Justice Newtwork, which compiled the list, found that: “Switzerland has delayed the implementation of automatic information exchange, and in 2017 lawmakers attempted to stop it altogether with countriesContinue reading “Switzerland named as capital of banking secrecy”

POST Natural persons and unnatural persons

xxx The California bill, B.O.T. Act of 2018 (S.B. 1001), would make it unlawful for any person to use a social bot to communicate or interact with natural persons online without disclosing that the bot is not a natural person. From Should AI Always Identify Itself? It’s more complicated than you might think. | ElectronicContinue reading “POST Natural persons and unnatural persons”

Regulation could protect Facebook, not punish it | TechCrunch

xxx “If the government actually wants to protect the public against Facebook abusing its power, it would need to go harder than the Honest Ads Act that would put political advertising on Internet platforms under the same scrutiny regarding disclosure of buyers as the rules for TV and radio advertising. That’s basically just extra paperwork forContinue reading “Regulation could protect Facebook, not punish it | TechCrunch”

TSB cancelled direct debits of customers and told firms they died | Daily Mail Online

xxx “TSB has made another major blunder by cancelling some ex-customers’ direct debits and telling the firms they were paying they died. Those affected switched from TSB using the Current Account Switch Service, which was supposed to copy over direct debits to their new bank.” From “TSB cancelled direct debits of customers and told firms they diedContinue reading “TSB cancelled direct debits of customers and told firms they died | Daily Mail Online”

MSC Mediterranean Shipping Company S.A. v Glencore International AG [2017] EWCA Civ 365 (24 May 2017)

xxx “it was only that the goods would be delivered to whoever presented the right codes, and it did not undertake to deliver them to Steinweg or Glencore” From “MSC Mediterranean Shipping Company S.A. v Glencore International AG [2017] EWCA Civ 365 (24 May 2017)”. xxx

Irish bank caught in social media spying storm

xxx According to a report in the Irish Independent newspaper, mortgage applicants now have to sign a consent form allowing the bank to check their social media accounts. The banks says that this “helps us to understand your behaviour”. however mortgage brokers that spoke to the Independent have hit out at AIB accusing it ofContinue reading “Irish bank caught in social media spying storm”

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