ACAMS Africa Conference Spotlights Rising Threats and Recommended Best Practices for AFC Professionals

Subject-matter experts from the Egmont Group, GIABA, OFAC, and other organizations to address evolving AML and sanctions expectations for financial institutions

MIAMI, Nov. 02, 2022 (GLOBE NEWSWIRE) — As part of its efforts to support anti-money laundering (AML) professionals and strengthen financial inclusion around the world, ACAMS will host a virtual training and networking event for its 5th Annual AML & Anti-Financial Crime Conference – Africa. On November 7th, high-level anti-financial crime (AFC) experts from the Egmont Group, Inter-Governmental Action Group Against Money Laundering in West Africa (GIABA), U.S. Treasury Department, Compliance Institute Nigeria, and many of the region’s largest banks, FinTech firms, crypto-asset platforms and other institutions will outline the latest AML and sanctions guidance for compliance professionals working in the region.

The conference will also feature keynote remarks from sanctions compliance officers at the U.S. Office of Foreign Assets Control (OFAC) and a special presentation and Q&A with Edwin W. Harris Jr., GIABA’s newly appointed Director General.

In addition to taking part in informal networking and professional-development sessions, attendees will learn strategies to strengthen collaboration among AFC stakeholders in the public and private sectors, manage risks associated with designated non-financial businesses and professions (DNFBPs), enhance cyber-hygiene and security for remote workers, and improve financial inclusion through technological solutions designed to mitigate Know Your Customer challenges, among other recommended compliance steps.

“With the Financial Action Task Force calling for more effective compliance and the Russian invasion of Ukraine driving a rise in AML and sanctions risks around the world, it’s more important than ever that financial institutions in Africa stay apprised of emerging threats and the latest best practices to shield themselves from criminal abuse,” said ACAMS CEO Scott Liles. “That’s why the ACAMS Africa Conference is designed to give attendees a platform to pose their most pressing compliance questions to the region’s most knowledgeable experts.”

“Whether you’re looking to more effectively monitor for signs of sanctions evasion, build an alliance between a brick-and-mortar bank and a FinTech company, or incorporate ESG controls into your AML frameworks, this event promises to deliver practical advice that can help shield your institution from monetary penalties and reputational harm,” he said.

Participants in the ACAMS Africa Conference will be able to livestream the event or view it on-demand for a 90-day period. Find out more about the conference here.

About ACAMS®

ACAMS is the largest international membership organization dedicated to providing opportunities for anti-financial crime (AFC) education, best practices, and peer-to-peer networking to AFC professionals globally. With over 100,000 members across 180 jurisdictions, ACAMS is committed to the mission of ending financial crime through the provision of anti-money laundering/counterterrorism-financing and sanctions knowledge-sharing, thought leadership, risk-mitigation services, ESG initiatives, and platforms for public-private dialogue. The association’s CAMS certification is the gold- standard qualification for AFC professionals, while the CGSS certification is its premier specialist qualification for sanctions professionals. ACAMS’ 60 Chapters globally further amplify the association’s mission through training and networking initiatives. Visit acams.org for more information.

Lashvinder Kaur
ACAMS
+44 7388 264478
lkaur@acams.org

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Hisense lance de nouvelles barres de son et de nouveaux haut-parleurs en Afrique du Sud, pour une expérience d’écoute d’un niveau supérieur

CAPE TOWN, Afrique du Sud, 2 novembre 2022/PRNewswire/ — Hisense, fabricant de produits électroniques de premier plan, a annoncé que la société apporte en Afrique du Sud une nouvelle gamme de produits destinés à améliorer l’expérience d’écoute. Les trois produits : HP100 Speaker pour la musique de fête, Dolby Atmos® AX5100G et AX3100G Soundbar pour le divertissement de niveau de théâtre, sont conçus dans le but d’offrir des performances défiant toute concurrence, avec des fonctions d’amélioration du son qui complètent les configurations cinématographiques personnelles des utilisateurs pour créer une expérience audiovisuelle immersive.

« Que ce soit pour une soirée cinéma à la maison ou une réunion d’amis en plein air, nous espérons offrir à nos clients une gamme de produits dotés de fonctions faciles à utiliser et puissantes qui leur permettent de créer des expériences cinématographiques ou musicales immersives », a déclaré Patrick, directeur du marketing chez Hisense South Africa.

Le haut-parleur Party Rock HP100 de Hisense présente un aspect tendance et accrocheur avec une finition noire élégante et des panneaux lumineux colorés autour de ses quatre haut-parleurs. Avec son système audio puissant et sa grande polyvalence, l’enceinte HP100 est conçue pour améliorer l’expérience de fête grâce à diverses fonctionnalités, notamment le mode Karaoké, cinq effets lumineux et cinq effets DJ.

La centrale sonore compacte, mais puissante, de la HP100 est équipée de deux woofers de 6,5 pouces et de deux tweeters de 2,5 pouces, suralimentés par sa puissance de sortie de 300 watts, et peut produire un son fort et net ainsi que des basses profondes et puissantes. Grâce à sa batterie d’une autonomie de 15 heures et à sa conception anti-éclaboussures IPX4, le HP100 permet aux utilisateurs de s’amuser toute la nuit, grâce aux jantes lumineuses éblouissantes qui ajoutent un effet électrisant à la scène musicale.

Les utilisateurs peuvent tirer parti des 340 watts de puissance maximale de l’AX5100G pour profiter d’une immersion totale dans la pièce, ainsi que de la prise en charge de Dolby Atmos® et de DTS : X® qui permet de transformer la musique, les films ou les jeux en un festin auditif surround d’un réalisme à couper le souffle.

Les barres de son AX5100G 5.1 canaux et AX3100G 3.1 canaux sont dotées de sept haut-parleurs qui transportent l’auditeur au centre de la scène musicale ou cinématographique, ainsi que d’un puissant subwoofer sans fil de 6,5 pouces qui produit des basses riches et puissantes, permettant aux utilisateurs de profiter des détails et de la profondeur exceptionnels de leurs morceaux et émissions préférés. Les deux modèles sont conçus pour plus de simplicité et de polyvalence, avec un design à montage mural et un large choix d’options de connectivité qui permettent aux utilisateurs de configurer facilement l’appareil en suivant des étapes d’installation simples.

Photo –  https://mma.prnewswire.com/media/1934888/image_5020023_32572150.jpg

Orders for the Eviation Alice Pass US$ 2 Billion

Order Book for the World’s First Flight-Tested All-Electric Passenger Airplane Passes Major Milestone

ARLINGTON, Wash., Nov. 2, 2022 /PRNewswire/ — Eviation Aircraft, a manufacturer of all-electric aircraft, today announced that the order book for its world-leading nine-seater all-electric Alice airplane has passed a total value of US$ 2 billion.

Eviation logo.

The Eviation Alice conducted its first flight on 27 September 2022 at Grant County International Airport (MWH), Washington, U.S., the first all-electric commuter airplane to pass this test. This historic achievement marked the start of a new phase in the development of the Alice. Eviation is now focused on its certification program on the way to completing Entry into Service (EIS). Customers for the Alice so far include U.S. regional airlines Cape Air and Global Crossing and German airline operator EVIA AERO.

“Our order book passing the US$ 2 billion mark is a significant commercial milestone,” said Gregory Davis, President and CEO of Eviation. “This success demonstrates that the Alice is leading the industry and meeting the market demand for zero-carbon flight. We are already seeing a growing clamour from passengers for sustainable aviation, matched by an increasingly robust attitude from regulators. By ordering the Alice, our forward-thinking customers are positioning themselves wisely for the future.”

The Alice, built from a clean-sheet design around all-electric propulsion, produces no carbon emissions and costs significantly less to operate per flight hour compared to light jets or high-end turboprops. The aircraft is also quieter than combustion engine aircraft, allowing more flights into cities and communities where noise is a factor. Together, these developments promise to usher in a new era of low-cost point-to-point travel, reshaping the commuter and regional air market. Alice is powered by two magni650 electric propulsion units developed by magniX, the global industry leader in flight-proven electric propulsion systems.

“With almost 300 aircraft now on order, the Alice is receiving strong customer endorsement. The aircraft is capturing the hearts and minds of the marketplace with its beautiful design, low operating costs and carbon zero footprint,” said Eddie Jaisaree, Vice President, Commercial Sales at Eviation. “The Alice will not just protect the planet but also create a more enjoyable flight experience for passengers. Considering the environmental and fuel cost challenges facing conventional airlines, incorporating the Alice into our customers’ fleets will give them a significant competitive advantage.”

About Eviation Aircraft

Based in Washington State, Eviation Aircraft Inc. develops and manufactures electric aircraft to delight operators and passengers with green, cost efficient and convenient regional transportation. Its electric propulsion units, high-energy-density batteries, mission-driven energy management, and innovative airframe are designed from the ground up for electric flight. Please visit us at www.eviation.com.

Logo – https://mma.prnewswire.com/media/1509407/eviation_logo.jpg

UN refugee chief calls for greater focus on climate and conflict factors

Responses to climate change must also consider its link to both conflict and the displacement it causes, UN High Commissioner for Refugees, Filippo Grandi, said in a briefing to the Security Council on Wednesday.

Mr. Grandi expressed hope that these dimensions “will be in clearer focus” at the COP27 UN climate change conference, opening this weekend in Egypt, and at its successor conference in a year’s time. 

The climate emergency is ravaging resources and creating tensions, including between communities, particularly in already fragile contexts where authorities do not have the means to support adaptation and resilience.

Fear of more fighting

“I fear that without more attention and much greater financing for prevention, adaptation, and development and governance support – tensions, frustrations, competition will grow and spark wider conflict, with deadly consequences – including displacement,”  he said.

The UN refugee chief was in Somalia last week where he met emaciated women, men and children affected by conflict and the historic drought in the Horn of Africa.

Refugees from the country have been pushed into drought-affected areas of neighbouring Kenya.

More international support

“The confluence of climate change and conflict has created very protracted displacement: therefore, inclusion and where possible integration, both in refugee contexts and situations of internal displacement, are important peacebuilding measures requiring greater international recognition and support,” Mr. Grandi told the Council.

This “spiral” is evident in several other hotspots, including Africa’s Sahel region, he added.  Three million people there have been uprooted by climate change, poverty, weak governance and armed group activities, as well as “the often brutal reaction of governments”.

Mr. Grandi said he used the climate emergency, and its connection to conflict and displacement, to convey the “enormous complexity” of refugee crises today.

Globally, roughly 103 million people have been forcibly displaced by persecution, conflict, violence, human rights violations and other factors.

Harsh winter for Ukrainians

UNHCR staff have responded to 37 emergencies around the world in the past 12 months alone, in countries such as Afghanistan, the Democratic Republic of the Congo, Ethiopia, Myanmar and Syria.

Meanwhile, Russia’s invasion of Ukraine has forced some 14 million people to flee their homes, sparking the fastest and largest displacement crisis in decades.

“Ukrainians are about to face one of the world’s harshest winters in extremely difficult circumstances. Humanitarian organizations have dramatically scaled up their response, but much more must be done, starting with an end to this senseless war,” he said.

“Unfortunately, we see the opposite, and the destruction caused by strikes at civilian infrastructure, which happens as we speak, is quickly making the humanitarian response look like a drop in the ocean of needs.”

Safeguard humanitarian action

Mr. Grandi concluded his remarks by stressing the need for action in four areas, starting with resources.  Despite a record level of income, UNHCR is facing a major funding gap in some crucial areas, such as food aid for refugees. 

He also called for “seriously strengthening peacebuilding” in fragile countries, for example by reinforcing police, judicial and local government capacity, and overall rule of law.  This is critical to both resolve displacement, by allowing refugees to return home, and to prevent conflict from recurring.

For his third point, Mr. Grandi stressed that humanitarian action must be better safeguarded, as threats are increasing, with deadly consequences. Warring parties must protect humanitarian work and enable access to people in need. 

“Furthermore, everyone must uphold international humanitarian law and contribute to preserving the civilian character of refugee settings – an increasing challenge in many parts of the world. Armed elements must be separated from refugees, and those displaced and those needing protection must not be conflated with combatants,” he said.

Overcome your differences

The UN refugee chief also presented another side of the duty of care issue, as millions of displaced and vulnerable people are living in areas under the control of non-State actors, or in countries under sanctions.

He said no matter how polarised the context, aid workers must be able to operate wherever they are needed, which at times may involve “uncomfortable interactions” with those who control territory they need access to. 

“If I raise this…it is because we are often forced to negotiate humanitarian carve-outs, as they call them, case by case. I therefore welcome the current efforts in this Council to ensure greater predictability in these matters,” he added. 

His final point was a call for the international community, and countries on the Council, to overcome their divisions and disagreements “at least when you discuss humanitarian issues, and hopefully when you address or strive to address the root causes that are displacing people around the world.” 

Source: United Nations

Kilimanjaro on fire: TPDF deploys troops 12 days after

DAR ES SALAAM— The Chief of Defence Forces of the Tanzania People’s Defence Forces (TPDF) General Jacob John Mkunda has ordered the deployment of troops on Mt Kilimanjaro – Africa’s highest mountain – to help curb the raging flames.

“Officers and men of TPDF have already arrived in Siha and Mwika areas in Kilimanjaro Region ready to start the fire fighting operation,” said a statement by TPDF.

The statement added: TPDF will fully cooperate with other Defense and Security Agencies, various stakeholders and citizens to ensure that the fire is controlled early before it causes serious damage to the Park.

The statement which was issued on Nov 1, did not say exactly how many men and women had been deployed in the area by the TPDF

This comes days after the Tanzania National Parks Authority (TANAPA) officials claimed that the fires had been contained.

Reports say that the fire which broke out on Africa’s highest peak Mouth Kilimanjaro, is still raging despite extensive efforts to bring them under control since Oct 21 near one of the most popular climbing routes.

There are also reports that another fire has also broken out on the eastern side of the mountain, near Mawenzi Peak.

Infra-red hotspots showed flames were still burning on Sunday in these two areas. People living near the mountain say they could see the fires burning at night from their villages.

A tour guide who live in Moshi almost 40 kilometers away shared pictures of the flames that continues to consume the moorland area of the mountain

More than 500 people, including firefighters, national park staff, tour guides and civilians, have been battling to put out the fire.

Source: NAM NEWS NETWORK

UN: Agricultural Automation Can Boost Global Food Production

A new U.N. report finds agricultural automation can boost global food production and be a boon for small-scale farmers in developing countries.

The U.N. Food and Agriculture Organization, FAO, has just released The State of Food and Agriculture 2022 report. The report’s authors said automation is rapidly changing the face of agriculture. New technologies, they say, are quickly leaving behind some of the old larger-type tractors and large machinery in ways that could benefit small holders in developing countries.

Parallels can be drawn with the introduction of cellphones. The World Bank, among other observers, notes African and other developing countries can harness digital technologies to boost their economies by advancing from landlines to smartphones.

FAO said automation can play an important role in making food production more efficient and more environmentally friendly.

Chief FAO economist Maximo Torero said many emerging technologies would have been unimaginable years ago. He cited as examples fruit-picking robots that use artificial intelligence and sensors that monitor plants and animals.

“Automation allows agriculture to be more productive, efficient, resilient, and sustainable and can improve working conditions,” Torero said. “However, as with any technological change, automation also implies disruption to the agricultural systems. The risk is that the automation could exacerbate inequalities if we are not careful on how it is being done and developed and deployed.”

The report looks at 27 case studies from all over the world. They represent technologies at different stages of readiness suitable for large or small agricultural producers of varying levels of income.

Torero said the report investigates the drivers of these technologies and identifies barriers preventing their adoption, particularly by small-scale producers. The report, he said, also looks at one of the most common concerns about automation — that it creates unemployment.

“While it concludes that such fears are overblown, it acknowledges that agricultural automation can lead to unemployment in places where rural labor is abundant, and wages are low,” he said. “It is important to understand that in a continent like sub-Saharan Africa, where there is an enormous amount of youth population, we can build the skill sets of these people to be able to have access to these technologies.”

In areas where cheap labor is abundant, the FAO urges policymakers to avoid subsidizing automation while creating an enabling environment for its adoption. At the same time, the report said governments should provide social protection to the least skilled workers who are likely to lose their jobs during the transition.

Source: Voice of America