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Tom Bayer
Thomas Montgomery Bayer is a Vanuatuan banker. A list of former United States citizens who relinquished their nationality, former U.S. citizen, he pursued a career in the finance sector. He lived in Australia and Singapore before moving to Vanuatu (then the New Hebrides) in 1974, where he became a citizen after independence and has continued to reside there. He was previously executive chairman of European Bank and managing director of the Pacific International Trust Company, he is now a member of the board of directors of the Reserve Bank of Vanuatu. Early life and career A native of Pennsylvania, Bayer graduated from Lehigh University before going on to the Wharton School of the University of Pennsylvania, Wharton School of Business. He served in the United States Army attaining the rank of captain. After leaving the U.S. military, Bayer worked in international banking. He moved to Australia in 1967 and later to Singapore. He moved from Singapore to the New Hebrides in 1974 to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vanuatu
Vanuatu ( or ; ), officially the Republic of Vanuatu (french: link=no, République de Vanuatu; bi, Ripablik blong Vanuatu), is an island country located in the South Pacific Ocean. The archipelago, which is of volcanic origin, is east of northern Australia, northeast of New Caledonia, east of New Guinea, southeast of the Solomon Islands, and west of Fiji. Vanuatu was first inhabited by Melanesian people. The first Europeans to visit the islands were a Spanish expedition led by Portuguese navigator Fernandes de Queirós, who arrived on the largest island, Espíritu Santo, in 1606. Queirós claimed the archipelago for Spain, as part of the colonial Spanish East Indies, and named it . In the 1880s, France and the United Kingdom claimed parts of the archipelago, and in 1906, they agreed on a framework for jointly managing the archipelago as the New Hebrides through an Anglo-French condominium. An independence movement arose in the 1970s, and the Republic of Vanuatu wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Money Laundering
Money laundering is the process of concealing the origin of money, obtained from illicit activities such as drug trafficking, corruption, embezzlement or gambling, by converting it into a legitimate source. It is a crime in many jurisdictions with varying definitions. It is usually a key operation of organized crime. In US law, money laundering is the practice of engaging in financial transactions to conceal the identity, source, or destination of illegally gained money. In UK law the common law definition is wider. The act is defined as "taking any action with property of any form which is either wholly or in part the proceeds of a crime that will disguise the fact that that property is the proceeds of a crime or obscure the beneficial ownership of said property". In the past, the term "money laundering" was applied only to financial transactions related to organized crime. Today its definition is often expanded by government and international regulators such as the US Offi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2012 Vanuatuan General Election
General elections were held in Vanuatu on 30 October 2012.Country Profile IFES The previous elections to the 52-member Parliament of Vanuatu were held in . The largest parties in this election were the socialist Vanua'aku Party, which won 11 seats, and the [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charlot Salwai
Charlot Salwai Tabimasmas (born 24 April 1963)"Hon. Charlot Salwai" Vanuatu Parliament, 20 January 2015 is a an , former , and political advisor. He was the , having been elected on 11 February 2016 following the [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vanua'aku Pati
The Vanua'aku Pati () is a democratic socialist political party in Vanuatu. History The party was founded on 17 August 1971 by Walter Lini as the New Hebridean Cultural Association, renamed later that same year as the New Hebrides National Party, and was one of two parties formed during the country's move towards independence. While the NHNP was supported by British interests, the Union of New Hebrides Communities was supported by French interests. The NHNP went on to win the 1975 elections and in 1977 it was renamed the Vanua'aku Pati. The party won the pre-independence 1979 elections and Lini became chief minister. The country gained independence in 1980 and Lini became the first Prime Minister of Vanuatu, remaining in the post until 1991. In 1991 the party split, and Lini was among those who left the party. After the 1991 elections, the party lost its dominance over the government. Despite this, the party remained strong. During the next decade, as party members Donald Kal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nagriamel
Nagriamel (sometimes seen as Vemarana, Vemerana or the Nagriamel Customs Union or Nagriamel Movement) is a political party in Vanuatu. History The party was established in January 1966 at a meeting of chiefs in Espiritu Santo convened by Chief Buluk of Big Bay. The first territory-wide political movement in the New Hebrides, by 1969 it was estimated to have around 10,000 members (around one in eight of the population), mostly in the north of the territory."Chief President Moses": Man with a message for 10,000 New Hebrideans ''Pacific Islands Monthly'', July 1969, pp23–25 The name 'Nagriamel' was taken from combining the names of two plants, ''nagria'' (a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Union Of Moderate Parties
The Union of Moderate Parties (french: Union des partis moderés) is a liberal political party in Vanuatu founded in 1981. At the last general election, held on 22 January 2016, they won 9.73% of the vote and 6 seats. It is currently headed by Ishmael Kalsakau. The party's influence grew after internal difficulties caused the Vanua'aku Pati government to fall in 1991. The UMP was the governing party in Vanuatu from 1991 to 1998. Former prime ministers Maxime Carlot Korman and Serge Vohor came from this party. However, the UMP suffered internal struggles of its own, and in the late 1990s, Corman left to form the Vanuatu Republican Party. Serge Vohor who hails from the Island Of Santo remains the president of UMP. It won 12 seats in the 1998 elections, 15 seats in the 2002 elections and 9 seats in the 2004 elections. Despite the obvious setback, Vohor was able to form a coalition government in August 2004, but lost a confidence vote four months later. From then until the 2008 ele ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Serge Vohor
Rialuth Serge Vohor (born 23 April 1955) is a Vanuatuan politician. He hails from the largest island of Vanuatu, Espiritu Santo, from Port Olry. He was a member of the Union of Moderate Parties, a centrist political party, until 2022. When his party came to power in 1991, Vohor became foreign minister of Vanuatu for the first of three times, until 1993. Vohor has been Prime Minister four times, from December 1995 to February 1996; from September 1996 to March 1998; from 28 July 2004, to 11 December 2004; and from 24 April 2011 to 13 May 2011. The latter, brief term was however voided by the Court of Appeal, deeming his election unconstitutional as he had been elected only by a majority of Members of Parliament (26 out of 52), not by an absolute majority. In October 2015, Vohor was one of 15 MPs to be convicted of bribery by the Vanuatu Supreme Court and was jailed for 3 years. Vohor was Minister for Foreign Affairs in the Kilman government at the time of his conviction. Second ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moana Carcasses
Moana Carcasses Kalosil (born 27 January 1963) is a Vanuatuan politician. He was Prime Minister of Vanuatu from March 2013 to May 2014. He was the first naturalized citizen of Vanuatu to become the country's prime minister. Carcasses was ousted as prime minister in 2014 in a motion of no-confidence, but returned to government in 2015 as Deputy Prime Minister in the government of Sato Kilman. In October 2015, Carcasses and 13 of his fellow government MPs were imprisoned for bribery after the Vanuatu Supreme Court found that Carcasses had offered loans to the other MPs to gain their support in a motion of no-confidence while in Opposition. Biography Moana Carcasses was born on 27 January 1963 in Taravao, Tahiti, French Polynesia. His mother was ethnically Tahitians, Tahitian. His French people, French father was originally from the region surrounding Carcassonne in Southern France. Political career He served as Foreign Minister under Prime Minister Edward Natapei from 2003 to 200 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Port Vila
Port Vila (french: Port-Vila), or simply Vila (; french: Vila; bi, Vila ), is the capital and largest city of Vanuatu. It is located on the island of Efate. Its population in the last census (2009) was 44,040, an increase of 35% on the previous census result (29,356 in 1999). In 2009, the population of Port Vila formed 18.8% of the country's population, and 66.9% of the population of Efate. On the south coast of the island of Efate, in Shefa Province, Port Vila is the economic and commercial centre of Vanuatu. The mayor is Erick Puyo Festa, of the Vanua'aku Pati, elected in January 2018; his deputy is Jenny Regenvanu, of the Graun mo Jastis Pati. On 13 March 2015, Port Vila bore extensive damage from Cyclone Pam. Name Locally the town is most commonly referred to simply as "Vila", whether in French or Bislama or in English (not like English "villa"). The name of the area is ''Efil'' in the native South Efate language and ''Ifira'' in neighbouring Mele-Fila lang ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Action Task Force
The Financial Action Task Force (on Money Laundering) (FATF), also known by its French name, ''Groupe d'action financière'' (GAFI), is an intergovernmental organisation founded in 1989 on the initiative of the G7 to develop policies to combat money laundering and to maintain certain interest. In 2001, its mandate was expanded to include terrorism financing. The objectives of FATF are to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system. FATF is a "policy-making body" that works to generate the necessary political will to bring about national legislative and regulatory reforms in these areas. FATF monitors progress in implementing its Recommendations through "peer reviews" ("mutual evaluations") of member countries. Since 2000, FATF has maintained the FATF blacklist (formally called the "Call for action ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Reserve System
The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises. Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsibilities of the Federal Reserve System. Congress established three key objectives for monetary policy in the Federal Reserve Act: maximizing employment, stabilizing prices, and moderating long-term interest rates. The first two objectives are sometimes referred to as the Federal Reserve's dual mandate. Its duties have expanded over the years, and currently also include supervising and regulating banks, maintaining the sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
