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The Saker
A bird's eye view of the vineyard

offsite link Moveable Feast Cafe 2017/06/25 ? Open Thread Sun Jun 25, 2017 06:00 | Herb Swanson
2017/06/25 05:00:01Welcome to the ‘Moveable Feast Cafe’. The ‘Moveable Feast’ is an open thread where readers can post wide ranging observations, articles, rants, off topic and have animate discussions of

offsite link Russia SITREP June 25, 2017 Sun Jun 25, 2017 05:46 | Scott
by Scott Humor I find an argument that Putin rules America to be ridiculous. If it were true, the U.S. would have paid most of it sovereign debt while employing

offsite link Syrian War Report ? June 23, 2017: Army Regaining More Ground Near Palmyra Sat Jun 24, 2017 00:08 | Scott
https://southfront.org/syrian-war-rep... If you?re able, and if you like our content and approach, please support the project. Our work wouldn?t be possible without your help: PayPal: southfront@list.ru or via: http://southfront.org/donate/ or

offsite link NY Times: Are Little China Girls Ever Gonna Fall for Modern Love? Fri Jun 23, 2017 17:27 | The Saker
by Ramin Mazaheri I was flying from New York to Silicon Valley on the ?Job Creators? Red Eye?, and I had a chance to catch up on some foreign cultural

offsite link Kalibr cruise missiles strikes on ISIS targets in Syria by the Russian Navy Fri Jun 23, 2017 08:33 | Scott
    On June 23, Russian Ministry of Defense reported missile strikes against the IS (Islamic State) in Syria The official statement in Russian. The missiles were launched from Russian

The Saker >>

Human Rights in Ireland
www.humanrights.ie

offsite link Ireland?s Failing Abortion Law: Statutory Interpretation, Human Rights and the Detention of Pregnant... Tue Jun 13, 2017 17:08 | admin

offsite link RIA Conference on Human Rights and the Social Sciences, June 22nd. Thu Jun 01, 2017 16:59 | admin

offsite link Asylum Seekers and the Right to Work: The Supreme Court Decision Tue May 30, 2017 15:06 | Liam Thornton

offsite link Human Rights-Based Integration Policy and the New ?Migrant Integration Strategy? Fri Apr 28, 2017 12:33 | Cliodhna Murphy

offsite link The Citizens Assembly Proposals: A Draft Bill Tue Apr 25, 2017 20:42 | admin

Human Rights in Ireland >>

Cedar Lounge
For lefties too stubborn to quit

offsite link Sunday Independent Stupid Statement of the Week 14:34 Sun Jun 25, 2017 | guestposter

offsite link You know you?re getting old?  10:53 Sun Jun 25, 2017 | WorldbyStorm

offsite link Life is strange? 09:52 Sun Jun 25, 2017 | WorldbyStorm

offsite link DVDs? over? And how that changes ownership of programmes in the future? 15:08 Sat Jun 24, 2017 | WorldbyStorm

offsite link Stealth geek 12:42 Sat Jun 24, 2017 | WorldbyStorm

Cedar Lounge >>

Dublin Opinion
Life should be full of strangeness, like a rich painting

offsite link Notes for a Book on Money and the Irish State - The Marshall Aid Program 15:10 Sat Apr 02, 2016

offsite link The Financial Crisis:What Have We Learnt? 19:58 Sat Aug 29, 2015

offsite link Money in 35,000 Words or Less 21:34 Sat Aug 22, 2015

offsite link THE WRATH OF KANE: BANKING CRISES AND POLITICAL POWER 09:32 Fri Jan 30, 2015

offsite link ALWAYS THE ARTISTS: WEEK THREE OF THE BANK INQUIRY 23:11 Thu Jan 22, 2015

Dublin Opinion >>

Treasury Extends Anti-Money Laundering Luxury Real Estate Regulations

category international | economics and finance | news report author Thursday February 23, 2017 19:05author by Greg Williams Report this post to the editors

Treasury's Financial Crimes Enforcement Network (FinCEN) renewed requirements for title insurance companies to identify the real owners behind shell companies in six major metropolitan areas.

Treasury's Financial Crimes Enforcement Network (FinCEN) renewed requirements for title insurance companies to identify the real owners behind shell companies in six major metropolitan areas. These “Geographic Targeting Orders” started in 2016 and preliminary reporting found that 30% of buyers were involved in suspicious activity. Watchdog groups like Jubilee USA are concerned that real estate purchases in places like New York and Miami are ways for corrupt officials to launder money.

“It's good news that Treasury is renewing these reporting requirements. Luxury real estate transactions can be used to launder money stolen from developing economies,” explained Eric LeCompte, Executive Director of the religious development organization Jubilee USA. "Not only can unchecked real estate purchases support corruption and tax evasion, they also drive up real estate values that leave little room for affordable housing.”

FinCEN's order applies to New York City, Los Angeles, San Diego and the Miami, San Francisco and San Antonio metropolitan areas. According to a recent report from the research organization Global Financial Integrity, developing countries lose more to corruption and tax evasion than they receive in loans, aid and other sources combined. Last year's "Panama Papers" leak revealed how shell companies can facilitate corruption and tax evasion.

“Improving global transparency is essential to solving global poverty,” stated LeCompte who serves on United Nations expert groups that focus on the financial system.

Jubilee USA Network is an alliance of more than 75 US organizations and 650 faith communities working with 50 Jubilee global partners. Jubilee USA builds an economy that serves, protects and promotes the participation of the most vulnerable. Jubilee USA wins critical global financial reforms and won more than $130 billion in debt relief to benefit the world's poorest people. www.jubileeusa.org

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