Financial crime in MENA report 2015

Thomson Reuters and Deloitte launched the first financial crime survey in the MENA region this year. It’s the first survey of compliance professionals in this region, so we were very interested to see the results.

We received responses from over 160 executives across the corporate and financial sectors, with approximately 30% from businesses with over 1000 employees and 30% of businesses had a presence in more than five countries. Two thirds of respondents were actively involved in setting financial crime policy or were leading a team of people involved in financial crime policy for their organization.

Analysis of the responses noted a number of interesting trends: (more…)

Wait, What? Episode 3: You gotta have heart, even if you can’t measure it

REUTERS/Kiyoshi Ota

In the latest episode of Wait, What?, the group jumps right into the topic of technology’s impact on sports and athletes. The conversation starts out by quantifying professional and amateur athletes and quickly transitions into “heart” versus analytics. The discussion moves into the topic of the stadium experience associated with professional sports teams and how the events compete with television, video game consoles, and mobile technology.

Also, you might want to stick around after the ending music!

We’d like to keep the show as interactive as possible, so please send in your feedback, thoughts, and show ideas. Also, you can reach the team on Twitter: Matt Angelicola (@MattAngelicola), Joe Harris (@Jwh37), Rob Russell (@batogato) and Jason Thomas (@jasonthomas). We’re also on iTunes – just enter “Legal Current” in the search box.

Tune into the next show (March 13th) which will cover how movies, books, and other works of fiction drive the creation of innovative technology in the real world. You can listen to the show here and on iTunes here.

Smartphone market share – Graphic of the day

Apple sold 74.8 million iPhones globally in Q4, topping Samsung in the smartphone market for the first time. And while Apple dominates where it matters most (see: profits), it still has a long way to go before surpassing the greater collection of Android smartphones in market share. Today’s graphic looks at smartphone market share by vendor in Q3 and Q4 of 2014.

smartphone market share

Would you like infographics like this on your website, blog or other social media? Contact us and visit our Reuters Agency blog for insights and discussions on the changing media industry.

Supreme Court hears argument over attorney fee dispute

From Westlaw Journal Bankruptcy: The U.S. Supreme Court heard argument Feb. 25 over whether Asarco LLC must pay the law firm Baker Botts $5 million for defending its initial claim for attorney fees after representing the mining company in Chapter 11 bankruptcy.

The law firm may be in for “some tough sledding” in trying to recover the fees for defending its fee application, said bankruptcy attorney Michael Fletcher of Frandzel Robins Bloom & Csato, who is not involved in the case.

(WestlawNext users: Click here for the 10 most recent stories from Westlaw Journals.)

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Do free citizens have the right to be forgotten?

Do you have control over your digital footprint? Should you have control?

Our Legal business brought together some of the sharpest minds from the law, media and politics last week for its inaugural debate on “the right to be forgotten”. The debate, which took place on Feb. 17, 2015, was recorded in front of an audience of customers and partners, and was moderated by Reuters Axel Threlfall.

The right of an individual to control their own digital footprint and legacy is a contentious issue with far-reaching implications for search engines and social media operators. It can also come into conflict with other freedoms, such as the right to access legally-published information.

It is a timely debate after a European Court of Justice ruling in May 2014 backed the right to be forgotten. But, despite this ruling, our views on the subject do not seem so clear cut – as was apparent in the results of the interactive vote taken using our Convene app during the debate.

Polling prior to the debate showed 57 percent of the audience was in favor of the right to be forgotten, with 26 percent against it. By the end of the debates, this was completely reversed with 59 percent voting against the motion and 38 percent for it.

So what did they hear that changed their minds?

Right to be forgotten:

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200 years of innovation

Last week, the Global Law Summit was held in London to mark 800 years since the sealing of Magna Carta. The event celebrated the history of the rule of law and the how the legal industry can innovate going forward, so we thought it would be a great opportunity to showcase the heritage of Thomson Reuters Legal UKI as an innovative legal business.

We built an interactive timeline to show how our legal solutions have developed over the last 200 years, and the key developments they have brought that have changed the way legal practitioners go about their work.

Here are just a few of the milestones from the timeline:

LegalEditor

1879: Regional reporters and editorial enhancements

After requests from other lawyers in the region, West began publishing The North Western Reporter with court decisions from across Minnesota, Wisconsin and Dakota. The Reporters also included new editorial enhancements, and the Reporter quickly became the most trusted source of information for legal practitioners.

(more…)

Airbus A400M parts production – Graphic of the day

Airbus recently took a charge of $618 million due to the latest delays to the A400M military transporter. Today’s graphic takes a look at that aircraft and how it’s assembled.

Airbus A400M

Would you like infographics like this on your website, blog or other social media? Contact us and visit our Reuters Agency blog for insights and discussions on the changing media industry.

 

Modern slavery UK: The lawyer

Philippa Southwell, a criminal defence lawyer at London-based firm Birds Solicitors, specialises in representing victims of trafficking. Most of her clients are Vietnamese boys and young men who have been trafficked to the UK to work in cannabis farms. In this video she describes the scale of the problem and why so many of her clients go missing. In 2013, the government announced a draft bill to tackle rising cases of trafficking and slavery. The Modern Slavery Bill, which is being considered by the House of Lords (upper chamber of parliament), is expected to be passed before elections in May.

Read the full story.

Journalist spotlight: Renee Maltezou on her exclusive on Greece requesting a loan extension

REUTERS/Alkis Konstantinidis

Reuters was first to report the market-moving submission by Greece of a loan extension request to the European Union. Reuters correspondent Renee Maltezou reported ahead of all Greek media and our competitors that Athens submitted the request for an extension, lifting the prospects that Greece will remain in the euro zone. Renee also reported that the Greek government had dismissed the option of capital controls to shore up bank outflows. In a Reuters Best: Journalist Spotlight Q&A, Renee offers a behind-the-scenes look at how she scored the exclusive.

Q. How did you score this exclusive? (more…)

Thomson Reuters India wins major award

India award

From motorized wheelchairs to lower counters in the canteen, creating an inclusive workplace makes a difference.

We are happy to announce that Thomson Reuters India was, on February 18, recognized for promoting employment for people with disabilities at the 4th annual Global CSR Excellence and Leadership Awards. (more…)