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Seas off West Africa world’s worst for pirate attacks, IMB reports
Monday, 08 July 2019Josh Lamorena
London and Kuala Lumpur, 8 July 2019 – The seas around West Africa remain the world’s most dangerous for piracy, the International Maritime Bureau’s (IMB) latest report reveals. Of the 75 seafarers taken hostage onboard or kidnapped for ransom worldwide so far this year, 62 were captured in the Gulf of Guinea – off the coasts of Nigeria, Guinea, Togo, Benin and Cameroon.
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High-level piracy meeting calls for urgent action to ensure seafarers’ safety
Tuesday, 18 June 2019Josh Lamorena
A high-level meeting on piracy and armed robbery in the Gulf of Guinea has shone the spotlight on the need for urgent action to ensure the safety and security of seafarers transiting the region.
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CCS Economic Crime Lecture: Sanctions compliance – changes and challenges
Thursday, 16 May 2019Josh Lamorena
Last month the United States Treasury Department’s Office of Foreign Assets Control (OFAC) announced it had reached a US$639 million agreement with a financial institution to settle alleged breaches ...
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Maritime piracy incidents down in Q1 2019 but kidnapping risk in Gulf of Guinea persists
Friday, 05 April 2019Josh Lamorena
London and Kuala Lumpur, 08 April 2019 – The International Chamber of Commerce International Maritime Bureau’s (IMB) report for the first quarter of 2019 reveals fewer incidents of piracy and armed r...
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IMB launches initiative to curb bills of lading fraud
Thursday, 14 February 2019Josh Lamorena
The International Maritime Bureau (IMB) has launched a new initiative aimed at curbing bills of lading (B/L) fraud carried out by non-vessel owning common carriers (NVOCCs).
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IMB piracy report 2018: attacks multiply in the Gulf of Guinea
Monday, 14 January 2019Josh Lamorena
London and Kuala Lumpur, 16 January 2019 – Piracy increased on the world’s seas in 2018, with a marked rise in attacks against ships and crews around West Africa, the International Chamber of Commerc...
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Financial crime: UK firms must improve compliance
Wednesday, 19 December 2018Nesrin Ercan
Financial services firms in the United Kingdom must improve key compliance areas to combat increasingly sophisticated financial crime (FinCrime), according to a survey by fscom.
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Record-low hijackings yet danger persists in Gulf of Guinea, shows latest global piracy report
Friday, 26 October 2018Josh Lamorena
London and Kuala Lumpur, 29 October 2018 – A total of 156 incidents of piracy and armed robbery against ships were reported to the ICC International Maritime Bureau’s (IMB) Piracy Reporting Centre (P...
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Data breach reports in Finance and Insurance sectors up 74% in two years
Friday, 14 September 2018Nesrin Ercan
Data breaches in the finance, insurance and credit sectors reported to the United Kingdom’s Information Commissioner’s Office (ICO) increased by 74 percent in the past two years.
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New IMB report shows persistent piracy risk in Gulf of Guinea
Friday, 20 July 2018Josh LamorenaLondon and Kuala Lumpur, 24 July 2018 – The second quarterly report from the ICC International Maritime Bureau (IMB) shows that all 2018 crew kidnappings have so far occurred in the Gulf of Guinea in...
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