{"id":181663,"date":"2016-04-20T12:09:00","date_gmt":"2016-04-20T17:09:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2016\/04\/20\/how-utterly-proper-6\/"},"modified":"2016-04-20T12:09:00","modified_gmt":"2016-04-20T17:09:00","slug":"how-utterly-proper-6","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2016\/04\/20\/how-utterly-proper-6\/","title":{"rendered":"How Utterly Proper"},"content":{"rendered":"<p>George Osborne, the UK&#8217;s Chancellor of the Exchequer, has decided to <a href=\"http:\/\/order-order.com\/2016\/04\/19\/osborne-exempts-politically-exposed-persons-from-money-laundering-checks\/\">exempt people that he sees as significant from money laundering regulations<\/a>:<\/p>\n<blockquote><p><span style=\"color: blue;\">\u2026\u2026\u2026<\/span><br \/><span style=\"color: blue;\"><br \/><\/span><span style=\"color: blue;\">George Osborne this afternoon accepted an <a href=\"http:\/\/www.publications.parliament.uk\/pa\/bills\/cbill\/2015-2016\/0139\/amend\/bank_day_rep_0418.1-7.html\" target=\"_blank\" rel=\"noopener\">amendment<\/a> to the  Financial Services Bill which will see some Politically Exposed  Persons and their families exempted from these anti-money laundering  rules. Ministers will now \u201c<i>exclude<\/i>\u2026<i> specified categories of persons\u201d<\/i> from the list of so-called PEPs, as Osborne says it is <i>\u201cdisproportionate\u201d<\/i> for banks to include MPs and relatives on the watch list. <i>Mossack Fonseca will be able to whisk MPs and their families through the account opening process\u2026<\/i><\/span><\/p><\/blockquote>\n<p>(<i>emphasis original<\/i>)<\/p>\n<p>And once again, I have to note that this is <b>not<\/b> <i>The Onion<\/i>, it is reality \u2026\u2026\u2026 reality completely indistinguishable from the the pages of a parody magazine.<\/p>\n<p>I am beginning to wish that Guy Fawkes had succeeded in the Gunpowder Plot. <\/p>\n<p>H\/t <a href=\"http:\/\/www.nakedcapitalism.com\/2016\/04\/uks-osborne-exempts-members-of-parliament-other-politically-exposed-persons-from-money-laundering-oversight.html\">Naked Capitalism<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>George Osborne, the UK&#8217;s Chancellor of the Exchequer, has decided to exempt people that he sees as significant from money laundering regulations: \u2026\u2026\u2026George Osborne this afternoon accepted an amendment to the Financial Services Bill which will see some Politically Exposed Persons and their families exempted from these anti-money laundering rules. Ministers will now \u201cexclude\u2026 specified &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[970,984,969,1004,985,979],"tags":[],"class_list":["post-181663","post","type-post","status-publish","format-standard","hentry","category-corruption","category-europe","category-evil","category-finance","category-regulation","category-wanker"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/181663"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=181663"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/181663\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=181663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=181663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=181663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}