Leading Anti-Money Laundering Association Brings Crucial Training, Networking to West African AML Professionals

August 31st, 2009 LONDON - Bankers Almanac, the leading provider of reference data for payments, due diligence and risk assessment today announced that its Due Diligence (www.bankersalmanac.com/addcon/products/due-diligence-repository.aspx) Repository now contains over 100,000 documents. The Due Diligence Repository was developed by Bankersalmanac.com in association with the Wolfsberg Group (www.wolfsberg-principles.com) following publication of its "Principles for Correspondent Banking".

August 17th, 2009 LONDON - Bankers Almanac, the leading provider of reference data for payments, due diligence and risk assessment today announced that its Due Diligence Repository (www.bankersalmanac.com/addcon/products/due-diligence-repository.aspx) now has online document verification. The new "Manage My Documents" feature allows providers of the documents to review, confirm or supply replacements online into the Due Diligence Repository.

July 6th, 2009 STUTTGART, Germany - - All-in-one Solution for Combating Financial Crime - Focuses on an All-Round, Risk-Based Approach - SMARAGD MDS Monitoring & Detection System Supersedes S/Research With its new SMARAGD Anti-Finance Crime Suite, Cellent Finance Solutions AG has bundled the solutions from the SMARAGD range into an integrated, all-in-one package for combating financial crime. This new development was realized in line with international standards and European legislation based on an holistic, risk-based approach.

July 1st, 2009 DUBAI , United Arab Emirates - Hozpitality.com, region's first dedicated hospitality career website launched "Hozpitalityplus.com" as a part of their expansion program today in Dubai. www.hozpitalityplus.com is region's first dedicated networking portal for global hospitality professionals.

June 29th, 2009 TOKYO - Fortent, a provider of risk and compliance technology and information, today announced that Mitsubishi UFJ Trust and Banking Corporation (President: Kinya Okauchi), a major wholly owned subsidiary of Mitsubishi UFJ Financial Group, Inc. (President & CEO: Nobuo Kuroyanagi), has selected the Fortent Anti-Money Laundering software for the firm's Japanese domestic operations.

June 28th, 2009 BENSHEIM, Germany - Organizations are spending millions of dollars each year on their compliance programs. However, many senior executives have become frustrated.

June 9th, 2009 VANCOUVER - West Africa now offers "unparalleled opportunities" for major and independent oil and gas companies, writes Patrick Morris, CEO of Vancouver-based Gold Star Resources Corp. (OTC Bulletin Board: GXXFF; TSX-V; GXX; www.goldstarresources.com) in the June 10th issue of AFROIL, Africa Oil & Gas Monitor, an online publication of Newsbase Ltd., Edinburgh, Scotland read by subscribers in 25 countries (www.newsbase.com; Week 23; page 5 Guest Column).

May 17th, 2009 NEW YORK - Fortent Connect is First Complete System for Anti-Money Laundering, Fraud, Customer Due Diligence, and Reporting Fortent (www.fortent.com) today announced the introduction of Fortent Connect, a solution designed to help mid-sized financial institutions fight crime and manage regulatory compliance. Fortent Connect is easy to use and implement, and delivers high performance at a competitive price.

April 22nd, 2009 LONDON - Moneybookers, one of Europe's leading online payment systems, today announces the appointment of Tero Pollanen as Head of Anti-Fraud. His appointment is one of a series of new hirings that has seen Moneybookers' headcount double since the beginning of 2008.

April 5th, 2009 WASHINGTON - Stake in NSIA Participations represents ECP's largest financial services investment to date Emerging Capital Partners (ECP), an international private equity firm focused on investing across the African continent, announced today it has purchased a significant minority stake in la Nouvelle Societe Interafricaine d'Assurance Participations SA (NSIA), the leading insurance group in French-speaking west and central Africa. ECP's US $47.7 million (euro 35 million) investment - made through the purchase of common shares - is the firm's largest investment in an African financial services firm to date.

June 18th, 2009 NEW DELHI - With slush funds being increasingly used for financing terrorism, Indian financial institutions are planning to increase investment in their anti-money laundering systems, a survey by global auditing company KPMG has found. In a statement Thursday, KPMG said 76 percent of respondents to its survey of domestic financial institutions said their investments on anti-money laundering compliance would increase over the next three years.

April 7th, 2009 CAPE TOWN - Experts and commentators on politics in South Africa are of the unanimous view that African National Congress (ANC) president Jacob Zuma involvement in a spying and money laundering case is not above suspicion. Tapes suggesting political meddling has failed to clear the name of Zuma, the country's likely next president, commentators said Monday.

August 11th, 2009 Ex-Fla. sheriff sentenced to nearly 6 yearsPENSACOLA, Fla. — A former head of the Florida Sheriffs' Association has been sentenced to nearly six years in federal prison in a money laundering and corruption case.

August 3rd, 2009 Israel police bust fraud ring with alleged US tiesJERUSALEM — Israeli police said Monday that they had broken up an Israeli-American crime ring specializing in tax fraud and money laundering in an operation codenamed "American Pie." Police said a joint investigation with U.S. authorities led to the arrest in Israel of seven suspects, some of them American citizens, with further arrests likely.

April 24th, 2009 Boxer Holt pleads guilty to money launderingPATERSON, N.J. — Former world boxing champion Kendall Holt has pleaded guilty to a money laundering charge in New Jersey.

September 30th, 2009 NEW DELHI - NIIT, a leading IT training company in India, has bagged five Chinese awards including the one for the Most Influential IT Training Brand in China for its efforts to create well-trained world-class professionals in that country. According to the IT training major, the awards were conferred by the Chinese Society of Educational Development Strategy (CSEDS), which is under China's ministry of education.

May 20th, 2009 NEW DELHI - Cisco today announced that the first cohort of students has graduated from the Global Talent Acceleration Programme (GTAP) Academy in New Delhi. The programme, launched last year in India, aims to develop homegrown technical skills and popularise career certifications, thereby bridging the gap between demand and supply for industry-ready professionals in the networking industry.

September 6th, 2009 LONDON - In order to prevent money laundering and terror financing, G20 countries have decided to take counter measures against non-cooperative tax heavens from March 2010. Following up on the decisions taken at the summit in April, the meeting of G20 finance ministers, including India, finalized the steps that could enable governments to extract information from such tax havens.

January 7th, 2009 CHENNAI - The announcement by Prime Minister Manmohan Singh at the Pravasi Bharatiya Divas here Thursday that overseas Indian professionals can practise in India was cautiously welcomed by Durban Deputy Mayor Logie Naidoo. 'It opens up a window of opportunity for many South African Indians, but we must remember that we have been very reliant in recent years on Indian nationals assisting in the development of post-apartheid South Africa,' Naidoo, who is also a speaker at the annual gathering of the diaspora, told IANS.

June 16th, 2009 BANGALORE - Call it the "side-effect" of the global economic slowdown: voluntary organisations in India's tech hub Bangalore are facing a tough time these days. Small non-profit organisations in the city, mostly run on donations made by IT professionals, say their funding is drying up on account of the economic slowdown.