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Articles by Andy Randall
Removal Of The Cayman Islands From The EU AML List And UK AML List
Following the removal of the Cayman Islands from the Financial Action Task Force's list of "jurisdictions under increased monitoring" in October 2023, on 12 December 2023, the European Commission adopted the Commission Delegated Regulation (EU) 2024/163 amending Delegated Regulation (EU) 2016/1675 as regards the deletion of the Cayman Islands and Jordan from the table in point I of the Annex (the "Regulation").
Removal of the Cayman Islands from the EU AML List and UK AML List
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Read the full advisory Following the removal of the Cayman Islands from the Financial Action Task Force's list of "jurisdictions under increased monitoring" in October 2023, on 12 December 2023, the European Commission adopted the Commission Delegated Regulation (EU) 2024/163 amending Delegated Regulation (EU) 2016/1675 as regards the deletion of the Cayman Islands and Jordan from the table in point I of the Annex (the "Regulation").
By Lucy Frew, James Burch, Jack Boldarin, Andy Randall, John Rogers Verified, Daniel Wood, Steven Manning, Nicholas Quin, Nicholas Swartz
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Lexology
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Update on CIMA regulatory measures
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New regulatory measures After industry consultation and feedback process in 2022, the following updated regulatory measures of the Cayman Islands Monetary Authority (CIMA) were gazetted on 14 April 2023.
By Caroline Williams Verified, Bicrom Das, Lucy Frew, Daniel Wood, Matthew Bloomfield, Andy Randall, Colm Dawson, Steven Manning
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Lexology
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How Retail Specialists Can Future-Proof Their Business By Bringing Their USPs Outside of the Physical Store
Over the last 20 years, the e-commerce and online marketplace boom has made huge inroads into brick-and-mortar retail, a transition further accelerated by the pandemic. Digital retailers have perfected ever-growing global supply chains and built in-house logistics operations allowing for better economies of scale. The increasing role of technology in the day-to-day lives of consumers has played its role, with many now preferring to open an app than drive to a mall.
BVI Companies - Key Points When Taking Security
Registration of Security Granted by a BVI Business Company Where security is granted by a BVI Business Company ("BVI Co"), the secured party should ensure that the security is properly recorded and registered for BVI law purposes as soon as possible once the security document(s) has been executed. This will involve: 1. ensuring that the register of charges (the "Register of Charges") of the BVI Co is updated.
Healthcare CX Under the Knife: Technology Helps Eliminate Wrinkles
Cosmetic procedures are no light decision, and patients want a healthcare clinic they can trust. In today’s market, delivering excellent CX is not an option but a necessity, and in a market on course to reach $66 billion by 2026, the pressure is on private clinics to deliver first-class service in pristine environments.
How can specialist retailers get closer to their customers?
In many cases, a customer needs more than just picking an item off the shelf or opening a box left on the doorstep – they need domain expertise By Andy Randall, group COO, Halfords Published: 23 Nov 2021 Retail has undergone a huge transformation in the past two to three years. The online and e-commerce shift had begun long before Covid-19, as Amazon went from book retailer to the everything store – as long as they could pack it in one of their trademark boxes.
In the Amazon age, how can specialist retailers get closer to their customers?
Andy Randall of Halfords The answer, according to Andy Randall, group COO at retailer Halfords, is that they have a secret weapon in domain expertise that means product centricity is giving way to service centricity. Specialist retailers have something that the growing mass of online retailers just can’t offer their domain expertise. In many cases a customer needs more than just picking an item off the shelf, or opening a box left on the doorstep.
Service centricity key for specialist retailers where domain expertise is in driving seat — Retail Technology Innovation Hub
By Andy Randall, Group COO at Halfords There’s a hidden advantage to specialist retail – an offering that most digital-only retailers simply cannot support, and it comes in the form of domain expertise. Simply asking a customer to choose and item from a shop shelf albeit a digital one, won’t make the cut in today’s market.
How Retailers Can Prosper in the Age of eBay and Prime
It feels like a long time since the beginning of the pandemic, where once malls and city centers were alive with the footfall of customers and any service could be found across a counter. The landscape of consumer services has now changed irreparably. Online marketplaces, which have increasingly dominated much of consumer purchasing habits since the 2000s, became increasingly monopolistic.
A ‘say-do gap’ remains despite most retailers embracing the idea of sustainability
Sustainability: on everyone's agenda The vast majority (96%) of retailers have taken steps to be more sustainable across their operations since the pandemic, but there remains a huge gap between what brands say they want and what they’ll actually do to improve their sustainability practices.
Vinted sponsors Channel 4’s Hollyoaks to drive pre-loved clothing mainstream
Hollyoaks will demo Vinted in key scenes Vinted, the online marketplace for selling and sourcing pre-loved fashion, has signed a ground-breaking deal to promote itself and the concept of pre-loved clothing by sponsoring Channel 4’s youth soap Hollyoaks. The fully integrated partnership between the TV channel and Vinted includes brand new product placement innovation that will see the Vinted app used by Hollyoaks characters during relevant scenes.
Toolstation sales growth moderates as customers return to more normal shopping patterns, a year on from Covid-19 lockdowns
Image: Bjoern Wylezich/Shutterstock Toolstation sales grew more slowly as customers returned to more normal shopping patterns, a year on from the height of Covid-19 lockdowns and trading restrictions. Third-quarter sales from DIY shoppers moderated from the “exceptional demand” seen a year earlier, parent company Travis Perkins said today, while trade sales were “very robust”.
GUEST COMMENT In an Amazon-driven market, how can specialist retailers get closer to their customers?
Andy Randall, Group COO at Halfords They have a secret weapon in domain expertise – that means product centricity is giving way to service centricity Specialist retailers have something that the growing mass of online retailers just can’t offer – their domain expertise. In many cases a customer needs more than just picking an item off the shelf, or opening a box left on the doorstep.
Studio Retail secures stock ahead of peak trading - but says uncertainty remains
Studio says it now has 10% more stock in-hand than it did a year ago. Image: Screenshot of Studio.co.uk Studio Retail says it acted early to secure stock for the peak trading period in the run up to Christmas, and is now well supplied. But it says it could still run short of some product lines towards the end of the season, and its forecasts are more uncertain than usual given the wider trading environment.
Making the Most from Kubernetes' New Network Policy API - The New Stack
While the American election season has focused much of the world’s attention directed to anything but a substantial discussion of policy, the Kubernetes networking community had other ideas. Back in July, Kubernetes 1.3 came out with support for network policies, making it the first of the container orchestrators to have such a capability built-in.
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