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Jul 9, 2015

David Mitchell’s ‘uber novel’ keeps growing after ‘Bone Clocks’

BOSTON (Reuters) – Writer David Mitchell is a busy man.

His new novel, “Slade House,” is due in October and he has sold rights for a small-screen serial of his 2014 book “The Bone Clocks.”

The English author of “Cloud Atlas” also has one year to write a novel for “Future Library,” a project that aims to collect one original story by a writer every year until 2114.

Jul 9, 2015

Book Talk-David Mitchell’s ‘uber novel’ keeps growing after ‘Bone Clocks’

BOSTON, July 9 (Reuters) – Writer David Mitchell is a busy
man.

His new novel, “Slade House,” is due in October and he has
sold rights for a small-screen serial of his 2014 book “The Bone
Clocks.”

The English author of “Cloud Atlas” also has one year to
write a novel for “Future Library,” a project that aims to
collect one original story by a writer every year until 2114.

May 14, 2015
via Financial Regulatory Forum

U.S. dollar role in sanctions, AML fight threatened by looming rival payments system

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A looming erosion of U.S. dollar dominance in international payments threatens to cripple the worldwide reach of financial sanctions and anti-money laundering controls led by the United States and its allies. This would compel Western financial institutions to improve data and analysis about their customers to guard against tainted money, officials said.

“It’s not if; it’s when,” retired Rear Adm. Chris Parry, a U.K.-based strategic forecaster, told a Thomson Reuters Financial & Risk conference in New York. “Every financial institution needs a strategy to be developed now for the days that are coming when money will be thrown across the wall to you and you have no indication whatsoever of where it’s come from and its provenance.”

May 14, 2015
via Financial Regulatory Forum

U.S. dollar role in sanctions, AML fight threatened by looming rival payments system

Photo

A looming erosion of U.S. dollar dominance in international payments threatens to cripple the worldwide reach of financial sanctions and anti-money laundering controls led by the United States and its allies. This would compel Western financial institutions to improve data and analysis about their customers to guard against tainted money, officials said.

“It’s not if; it’s when,” retired Rear Adm. Chris Parry, a U.K.-based strategic forecaster, told a Thomson Reuters Financial & Risk conference in New York. “Every financial institution needs a strategy to be developed now for the days that are coming when money will be thrown across the wall to you and you have no indication whatsoever of where it’s come from and its provenance.”

Oct 30, 2014

Book Talk: Black music, white culture and a legendary U.S. highway

BOSTON, Oct 30 (Reuters) – Author Dennis McNally accompanied
the Grateful Dead as a publicist and historian on the band’s
“long strange trip,” and he chronicled Jack Kerouac, the Beat
Generation author of “On the Road.”

For his latest book, “On Highway 61: Music, Race and the
Evolution of Cultural Freedom,” McNally twice drove every mile
of U.S. Route 61, the legendary Mississippi River road, to
document the influence of black music on white America.

Oct 16, 2014

Novelist Dubus now looks homeward after gritty memoir

By Randall Mikkelsen

NEWBURY Mass. (Reuters) – Andre Dubus III put his faded hometown of Haverhill, Massachusetts, on the map of modern literature with his gritty memoir, “Townie.”

But Dubus’ native New England did not find a setting in his fiction until he published a collection of novellas, “Dirty Love,” which depicts small-city and shore-town residents in messy quests for human relationships.

Oct 16, 2014

Book Talk: Novelist Dubus now looks homeward after gritty memoir

By Randall Mikkelsen

NEWBURY Mass. (Reuters) – Andre Dubus III put his faded hometown of Haverhill, Massachusetts, on the map of modern literature with his gritty memoir, “Townie.”

But Dubus’ native New England did not find a setting in his fiction until he published a collection of novellas, “Dirty Love,” which depicts small-city and shore-town residents in messy quests for human relationships.

Oct 3, 2014
via Financial Regulatory Forum

Bankers say “derisking” underway amid sanctions crackdown; that’s the point, U.S. regulator says

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A process of “derisking” is underway by financial firms exiting sectors that represent compliance landmines, bankers said on Tuesday, but a top U.S. sanctions enforcer said that is sometimes just the right move.

“It is not at all uncommon for me to hear that a compliance overhaul was done and certain customers, certain lines of activity were deemed too risky to persist. That may be exactly the right response to a situation where the risk outweighs the benefit,” said Adam Szubin, director of the U.S. Treasury’s Office of Foreign Assets Control (OFAC), the lead agency for the enforcement of U.S. financial sanctions.

Jul 23, 2014
Jul 21, 2014