Tick box attitude defeats the purpose of the law as it opens the flood gates for money launderers.

By: Stephane Apitha In most jurisdictions, the legislators have laws to restrain the problem of money laundering. In addition to that nowadays most Off Shore Management companies “OMC’s” are equipped to carry out compliance checks. In order to understand what money is laundering we have to look at the definition of same; however, as at date there is no definition

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CARICOM Moving Towards Greater Harmonization

BY: Ainsley Brown The Caribbean Community and Common Market (CARICOM) or as it is now known, CARICOM Single Market and Economy is moving towards greater harmonization. The Single Markets’ members have either completed or are in the process of having their laws and administrative practices and procedures reviewed in order to facilitate the objectives of the Revised Treaty of Chaguaramas.

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Billionaire Stanford Accused Of $9.2 Billion Fraud.

By: Ainsley Brown The very colorful Texan billionaire, dual citizen and Knight from Antigua, and oh yeah cricket enthusiast, has been charged in the US with fraud allegedly amounting to $9.2 billion. Just like Bernard Madoff, Stanford – sorry, I should say Sir Allen – stands accused of operating a Ponzi Scheme. According to the US Securities and Exchange Commission

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Allergic Reaction Could Cost Starbucks More Than Just Victim Compensation

By: Ainsley Brown On May 19, 2008 a British Colombian woman had a near fatal allergic reaction after she ate a Starbucks Peach Parfait. Knowing of her nut allergy she carefully read the listed ingredients checking for nuts – no nuts were listed. Not satisfied with that she then asked a Starbucks employee and was reassured that the item was

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Shareholders Fail in Human Rights Cases Against UK Government

By: Ainsley Brown This is a follow up to: More Human Rights Cases Being Brought by Companies. The former shareholders of Northern Rock, principally lead by the hedge funds SRM Global and RAB Capital, have failed in their attempt to use human rights law in their case against the UK government – HM Revenue & Customs and the Bank of

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Glaxo Proposes Patent Pool

By: Ainsley Brown The world’s second largest drug maker, GlaxoSmithKline has proposed a voluntary patent pool for drug makers. The pool is intended to kick start the development of new treatments for neglected diseases such as malaria and cholera. By proposing and making its own patents available to third party researchers, Glaxo will be providing opportunities, “that might otherwise not

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Battle Over A Bottle, Beer: A Serious Thing In Canada…Eh

By: Ainsley Brown If you didn’t know already Canadians take their beer very seriously. And I don’t just mean on the consumption side. Brewing in Canada is a very serious business indeed. This is where the story of Dead Frog Brewery and Sleeman Breweries Ltd. comes in. It is a litigation story of David vs. Goliath, where David might just lose

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Special Announcement

I am happy to announce that Ainsley Brown is set to being his international articling placement at HyltonBrown International Legal Consultants & Attorneys-at-Law in Kingston Jamaica. My placement will be for the maximum, six months, allowed under the current rules of the Law Society of Upper Canada for international articling placements. Related Posts:No Related Posts

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‘Buy American’….ask a Canadian

By: Ainsley Brown Will Buy American achieve its stated goals, and that is to stimulate the American economy through the American Recovery and Reinvestment Act? Ask a Canadian? Oh that’s me. The latest reports indicate that the Buy American clause in the American Recovery and Reinvestment Act is currently under review. It may even be dropped from the bill. Ask

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