Dutch banks need better money laundering checks and more vigilence says central bank

NL Times— Banks are increasingly carrying out checks to verify that their customers are not laundering money, financing terrorism or violating sanctions, De Nederlandsche Bank (DNB) said on Monday. At the same time, the Dutch central bank noted that some banks are delaying or scaling back improvements to their controls and checks. As a result, they have to do more to get their controls in order.

DutchNews.nl—No new money for UNRWA, say Dutch after Colonna report. The Dutch government has decided not to provide any new financial support to the UN’s refugee agency UNRWA but does not rule out doing so in the future, aid minister Liesje Schreinemacher has told parliament in a briefing. Before any additional funding is made available, the agency must follow recommendations on ensuring it operates in a neutral manner, Schreinemacher told MPs. The recommendations are made in a report by former French foreign minister Catherine Colonna. She was appointed to...

Mississippi Today—MDOC promotes inmate boxing program, but lawmakers say money could be better spent. Sports teams are forming in Mississippi's prison system, but some lawmakers question a boxing program.

Zero Hedge—South Korea's Central Bank Says May Buy Gold In The Mid To Long-Term. South Korea's Central Bank Says May Buy Gold In The Mid To Long-Term Back in 2011, around the time gold hits its previous cycle high, South Korea surprised the fiat world when it revealed that it had spent more than a billion dollars in its first gold purchase in more than a decade, as uncertainty about global growth and sovereign debt push central banks around the world to diversify foreign reserves. It then proceeds to buy a lot more gold (relatively speaking) for the next year...