Association for Postal Commerce
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Republic of Korea
Anti-money laundering and counter-terrorist financing measures financing counter-terrorist and laundering Anti-money Anti-money laundering and counter-terrorist financing measures Republic of Korea Mutual Evaluation Report Korea April 2020 2020 The Financial Action Task Force (FATF) is an independent inter-governmental body that develops and promotes policies to protect the global financial system against money laundering, terrorist financing and the financing of proliferation of weapons of mass destruction. The FATF Recommendations are recognised as the global anti-money laundering (AML) and counter-terrorist financing (CTF) standard. For more information about the FATF, please visit the website: www.fatf-gafi.org. This document and/or any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. This assessment was adopted by the FATF at its February 2020 Plenary meeting. Citing reference: FATF (2020), Anti-money laundering and counter-terrorist financing measures – Republic of Korea, Fourth Round Mutual Evaluation Report, FATF, Paris http://www.fatf-gafi.org/publications/mutualevaluations/documents/mer-korea-2020.html © 2020 FATF-. All rights reserved. No reproduction or translation of this publication may be made without prior written permission. Applications for such permission, for all or part of this publication, should be made to the FATF Secretariat, 2 rue André Pascal 75775 Paris Cedex 16, France (fax: +33 1 44 30 61 37 or e-mail: [email protected]). Photo Credit - Cover: © Table of Contents Executive Summary 3 Key Findings 3 Risks and General Situation 4 Overall Level of Compliance and Effectiveness 5 Priority Actions 10 Effectiveness & Technical Compliance Ratings 11 MUTUAL EVALUATION REPORT 13 Preface 13 CHAPTER 1. -
Union Postale Has Been Reporting News from the International Postal Sector for the Benefit of Stakeholders Across the Industry
Moving the postal sector forward since 1875 MARCH 2011 No 1 IFAD president on remittances E-substitution’s many faces Clipping the wings of revenue loss Isn’t it time you subscribed? Since 1875, Union Postale has been reporting news from the international postal sector for the benefit of stakeholders across the industry. These include regulators, chief executives, operational experts, post-office employees, strategic thinkers, suppliers, academics, philatelists and anyone else with a keen interest in Posts. Help Union Postale celebrate its 135th birthday Moving the postal sector forward since 1875 by joining the ranks of thousands of satisfied MARCH 2011 N o IFAD president on 1 remittances readers. Sign up now for four issues a year of this E-substitution’s many faces full-colour, high-quality magazine in one of seven languages. Private subscribers anywhere in the world can subscribe for CHF50 a year. Special discount rates Clipping the wings of apply to Posts from UPU member countries. revenue loss Fax us your order now on +41 31 350 37 11 or email us at [email protected] with the following details: Name Language version desired: Position English Organization/Operator French Full postal address Arabic Chinese German E-mail address Russian Telephone Spanish Fax Contents Cover story Revenue protection takes centre stage The UPU’s Consultative Committee is helping Posts to stop losing money 12 Feature Electronic substitution: a shifting story A look at the state of research on a game-changing phenomenon 9 People Moving the postal sector -
Association for Postal Commerce
Association for Postal Commerce 1901 N. Fort Myer Dr., Ste 401 * Arlington, VA 22209-1609 * USA * Ph.: +1 703 524 0096 * Fax: +1 703 524 1871 Postal News from December 2011: December 31, 2011 Express and Star: A pay row between Royal Mail and temporary workers has intensified after staff waiting for Christmas wages had just 1p put into their bank accounts. Hundreds of workers employed to tackle the Christmas rush have suffered after payroll problems delayed their wages. The firm insists it has managed to pay most of its seasonal workers but staff, some of whom say they are owed hundreds of pounds, say they were stunned to find their accounts credited with just a penny. The mix-up has affected staff at sorting offices in Wolverhampton, Birmingham and Stafford. Royal Mail has apologised but said the "vast majority" of those issued 1p had been overpaid previously and it was a nominal fee to complete a transaction. At the Postal Regulatory Commission: Postal Regulatory Commission NOTICES New Postal Products , 143–144 [2011–33671] [TEXT] [PDF] Moconews.net: According to figures from ZenithOptimedia, global advertising revenues will reach $486 billion in 2012, a rise of 4.7 percent compared to 2011. With wider economic pressures bearing down on the overall ad market, digital ad spend is still seeing healthy growth: it will account for slightly more than one-fifth of all ad spend, but more than half of all growth, as advertisers become more confident in digital media metrics, and the ad industry gets more sophisticated in what it offers to brands and publishers in the name of digital advertising—which will remain a key way of funding digital content, as media companies continue to tinker with other charging models. -
Asendia USA COVID-19 Update September 25 2020.Xlsx
Status Key On Schedule Expect Delays Service Suspended Inbound Transportation to Asendia USA Facilities: Facility Transportation Status Date Updated Daily Updates/Comments New York - Hauppauge On Schedule 9/25/2020 Pennsylvania - Folcroft On Schedule 9/25/2020 Florida - Miami On Schedule 9/25/2020 Illinois - Elk Grove Village On Schedule 9/25/2020 California - Bell On Schedule 9/25/2020 California - Hayward On Schedule 9/25/2020 Operational Processing @ Asendia USA Facilities: Facility Processing Status Date Updated Daily Updates/Comments New York - Hauppauge On Schedule 9/25/2020 Pennsylvania - Folcroft On Schedule 9/25/2020 Florida - Miami On Schedule 9/25/2020 Illinois - Elk Grove Village On Schedule 9/25/2020 California - Bell On Schedule 9/25/2020 California - Hayward On Schedule 9/25/2020 USPS International Service Centers: Facility Processing Status Date Updated Daily Updates/Comments The USPS reported that the ISCs are in good condition and delayed volumes are down to one-quarter of what they had been. JFK has about 27,000 on hand and most of that is letter volume. In addition to air lift, the USPS was using surface for parcels destined to Austria, Denmark, Hungary, Poland, Sweden, Czech Republic, Finland, Netherlands, Spain, and Switzerland. Volume is from the JFK, MIA and ORD ISC's. The USPS has no additional surface trips planned but will use as needed. Ocean JFK-RTM since August: ISC New York (JFK) Expect Delays 9/25/2020 - Shipment (9) 7/21 - Arrived 8/11 – containers picked up by Post NL - Shipment (10) 8/4 - Departed 8/5 arrived 8/26 – 1 container - Shipment (11) 8/18 - Departed 8/18 scheduled arrival 9/8 – 2 containers Australia and NZ - USPS reporting delays with air lift from all ISC's. -
DMM Advisory Keeping You Informed About Classification and Mailing Standards of the United States Postal Service
July 2, 2021 DMM Advisory Keeping you informed about classification and mailing standards of the United States Postal Service UPDATE 184: International Mail Service Updates Related to COVID-19 On July 2, 2021, the Postal Service received notifications from various postal operators regarding changes in international mail services due to the novel coronavirus (COVID-19). The following countries have provided updates to certain mail services: Mauritius UPDATE: Mauritius Post has advised that the Government of Mauritius has announced the easing of COVID-related restrictions as of July 1, 2021, subject to strict adherence to sanitary protocols and measures. On July 15, 2021, Mauritius will gradually open its international borders. However, COVID-19 continues to have a direct impact on international inbound and outbound mails to and from Mauritius. Therefore, the previously announced provisions and force majeure continue to apply for all inbound and outbound international letter-post, parcel-post and EMS items. New Zealand UPDATE: New Zealand Post has advised that the level-2 alert in the Wellington region has ended as of June 29, 2021. Panama UPDATE: Correos de Panama has advised that post offices, mail processing centers (domestic and international) and the air transhipment office at Tocúmen International Airport are operating under normal working hours and the biosafety measures established by the Ministry of Health of Panama (MINSA). Correos de Panamá confirms that it is able to continue to receive inbound mail destined for Panama. However, Correos de Panama is unable to guarantee service standards for inbound and outbound mail. As a result, force majeure with respect to quality of service for all categories of mail items will apply until further notice. -
DMM Advisory Keeping You Informed About Classification and Mailing Standards of the United States Postal Service
May 12, 2021 DMM Advisory Keeping you informed about classification and mailing standards of the United States Postal Service UPDATE 169: International Mail Service Updates Related to COVID-19 Israel UPDATE: Israel Postal Company has advised that the previously announced restrictions regarding service standards and force majeure remain in place. Nepal UPDATE: Nepal Post has advised that the Nepalese Government has decided to extend the lockdown in the Kathmandu Valley until May 27, 2021. A partial lockdown is already in place throughout the country, and domestic flights are suspended. Delays to the collection, transportation and delivery of mails are to be expected. In addition, Nepal Post remains unable to accept outbound mails to countries other than India, until such time as the passenger flights normally used to transport mail are resumed. Unless otherwise noted, service updates to a particular country do not affect delivery of military and diplomatic mail. These service updates affect Priority Mail Express International® (PMEI), Priority Mail International® (PMI), First-Class Mail International® (FCMI), First-Class Package International Service® (FCPIS®), International Priority Airmail® (IPA®), International Surface Air Lift® (ISAL®), and M-Bag® items. The DMM Advisory will continue to provide updates as they are received. For a full list of international service disruptions, please visit https://about.usps.com/newsroom/service-alerts/international/welcome.htm The Domestic Mail Manual (DMM®) and DMM Advisories are available on Postal -
POSTAL SAVINGS Reaching Everyone in Asia
POSTAL SAVINGS Reaching Everyone in Asia Edited by Naoyuki Yoshino, José Ansón, and Matthias Helble ASIAN DEVELOPMENT BANK INSTITUTE Postal Savings - Reaching Everyone in Asia Edited by Naoyuki Yoshino, José Ansón, and Matthias Helble ASIAN DEVELOPMENT BANK INSTITUTE © 2018 Asian Development Bank Institute All rights reserved. First printed in 2018. ISBN: 978 4 89974 083 4 (Print) ISBN: 978 4 89974 084 1 (PDF) The views in this publication do not necessarily reflect the views and policies of the Asian Development Bank Institute (ADBI), its Advisory Council, ADB’s Board or Governors, or the governments of ADB members. ADBI does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. ADBI uses proper ADB member names and abbreviations throughout and any variation or inaccuracy, including in citations and references, should be read as referring to the correct name. By making any designation of or reference to a particular territory or geographic area, or by using the term “recognize,” “country,” or other geographical names in this publication, ADBI does not intend to make any judgments as to the legal or other status of any territory or area. Users are restricted from reselling, redistributing, or creating derivative works without the express, written consent of ADBI. ADB recognizes “China” as the People’s Republic of China. Note: In this publication, “$” refers to US dollars. Asian Development Bank Institute Kasumigaseki Building 8F 3-2-5, Kasumigaseki, Chiyoda-ku Tokyo 100-6008, Japan www.adbi.org Contents List of illustrations v List of contributors ix List of abbreviations xi Introduction 1 Naoyuki Yoshino, José Ansón, and Matthias Helble PART I: Global Overview 1. -
Postal First Services Industry to Commit to CO2 Reductions U.S
FOR IMMEDIATE RELEASE Contact: Darlene Casey Oct. 28, 2010 (O) 202-268-3440 (M) 202-438-8886 [email protected] usps.com/news Release No. 10-099 Postal First Services Industry to Commit to CO2 Reductions U.S. Postal Service Improves Score, Surpasses Global Average WASHINGTON — The international postal sector is the first services industry worldwide to commit to reduce its carbon dioxide (CO2) emissions, according to the International Post Corporation (IPC). The U.S. Postal Service and 21 other postal operators in North America, Europe and the Asia-Pacific region — all members of IPC — have pledged to measure CO2 emissions and collectively reduce them by 20 percent by 2020, under IPC's Environmental Measurement and Monitoring system (EMMS.) “The U.S. Postal Service continues to build on our long history of green innovation, and we’re proud to work with our global postal partners to reduce the size of our industry’s carbon footprint,” said Sam Pulcrano, vice president, Sustainability. “Collectively, the 21 EMMS participating posts manage more than 100,000 facilities, 600,000 vehicles, and deliver more than 80 percent of the world’s mail. Our joint effort to reduce CO2 emissions will have a major positive effect on the environment.” The Postal Sector Sustainability Report 2010 recently published by the IPC announced that the global postal industry has already cut CO2 emissions by greater than a half million metric tons — more than one-third the goal — since 2008. The IPC developed EMMS to provide a common carbon measurement and reporting framework. The EMMS tool measures carbon management proficiency (CMP) across 10 areas, including: • Management and strategy • Employee engagement • Measurement and verification • Disclosure and reporting • Value chain management In 2009, the global postal sector had an average CMP score of 61 percent. -
Renewed Notification of an Agreement on Terminal Dues (REIMS II) Between Postal Operators (Caso No IV/36.748 — REIMS II)
20.2.98 EN Official Journal of the European Communities C 53/3 Renewed Notification of an Agreement on Terminal Dues (REIMS II) between Postal Operators (Caso No IV/36.748 — REIMS II) (98/C 53/03) (Text with EEA relevance) 1.ÙIntroduction 3.ÙParties to the Agreement On 31 October 1997, thirteen public postal operators The parties (13) to the agreement are the following notified to the Commission for examination under the PPOs: Austrian Post, Post Denmark, Finland Post Ltd, competition rules a new version, called REIMS II and La Poste (France), Deutsche Post AG, Hellenic Posts dated 9 July 1997Ø(Î), of the original REIMS I (remun- ELTA, Ente Poste Italiane, Entreprise des eration of mandatory deliveries of cross-border mails) PostesØ@ØT~l~communications (Luxembourg), CTT terminal dues agreement. The purpose of both Correios de Portugal SA, Correos y Tel~grafos (Spain), agreements is to replace the CEPT terminal dues system, The Post Office (United Kingdom), Norway Post, and as explained under point 4. Terminal dues are the Post and Telecom Iceland Ltd. remunerations applied between public postal operators (PPOs) for the delivery of incoming cross-border mail. A number of PPOs (4) of EU Member States who were The earlier version of this agreement, dated 31 parties to the earlier REIMS I Agreement, La Poste/De December 1995, was notified in December 1995. Post (Belgium), Posten AB (Sweden), An Post (Ireland), However, this agreement expired on 30 September 1997 PTT Post BV (The Netherlands), have not signed the since one of its provisions, that the Spanish postal REIMS II Agreement, nor did the Swiss postal operator operator should have acceded to the Agreement by 31 re-sign the agreement. -
Singpost's Associate
CFA Institute Research Challenge hosted by CFA Society Singapore National University of Singapore Singapore Post Ltd Initial Opinion SELL Equity | Singapore | Industrials, Logistics 30 January 2015 Initiate at Sell; Stalling Cash Cow, Declining Albus Securities Margins Chia Guo Cong +65 9877 2219 Albus Securities (NUS Singapore) [email protected] Initiate Sell with S$1.51 PT Chiu Haidee +65 8393 1373 We initiate coverage on Singapore Post with a Sell rating and $1.51 price target. We see much lower margins than the street (FY17e operating margin of 17.7% vs street’s 19.2%) for 2 reasons. Albus Securities (NUS Singapore) [email protected] Firstly, mail margins are on a structural decline due to reducing economies of scale on lower volumes. Secondly, low margins in logistics are unlikely to lift off, as intensifying competition Goh Shi Bin +65 8399 4138 from better positioned rivals restrains SingPost’s logistics volume growth, and consequently Albus Securities (NUS Singapore) logistics margins due to high operating leverage. Disappointing logistics volumes lead to slower [email protected] revenue growth through FY17 (10% p.a. vs street’s 12%). Finally, market optimism over the Yap Chew Guan +65 9139 9438 SingPost-Alibaba JV (as reflected in the 40x PE of the logistics segment) is unlikely to fully deliver, Albus Securities (NUS Singapore) as SingPost is at a disadvantageous position in competing for Alibaba’s volumes between China [email protected] and ASEAN/ANZ. Yong Guo Hao +65 9117 6016 Albus Securities (NUS Singapore) Core mail business afflicted with structurally declining margins [email protected] The margin of the core business (63%-84% of group OP) has fallen by 10ppt over the past 8 years, and we foresee a further 8ppt loss over the next decade. -
Transportation and Storage Division 53: Postal and Courier Activities
OCCUPATIONAL FRAMEWORK SECTION H: TRANSPORTATION AND STORAGE DIVISION 53: POSTAL AND COURIER ACTIVITIES Department of Skills Development Ministry of Human Resources, Malaysia First Printing 2019 Copyright Department of Skills Development Ministry of Human Resources, Malaysia 2019 All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical including photocopy, recording or any information storage and retrieval system, without permission in writing from Department of Skills Development Ministry of Human Resources, Malaysia Published in Malaysia by Department of Skills Development (DSD) Ministry of Human Resources Level 7-8, Block D4, Complex D Federal Government Administrative Centre 62530 Putrajaya, Malaysia http://www.dsd.gov.my Printed by Golden Global Network (SA0124636-K) No. 11, Jalan Reko Sentral 2, Taman Reko Sentral, 43000 Kajang, Selangor Tel: 03-8740 3420 Fax: 03-8739 8249 Perpustakaan Negara Malaysia Cataloguing-in-Publication Data Occupational Framework Postal and Courier Service Activities ISBN 978-967-2393-03-0 ii ABSTRACT An Occupational Framework (OF) is the outcome of Occupational Analysis (OA) of identifying the work scope of the occupational areas in terms of competencies. It is used to analyse skilled human resource competency requirement for the industry. The development of the Occupational Structure (OS) is a preliminary process in developing relevant National Occupational Skills Standard (NOSS). The NOSS in turn will be developed to be used as the basis to conduct skills training and certification of competent personnel. This document is divided into five chapters. The first two chapters being an industrial overview highlighting the definition and scope of the industry, the current analysis of the local industry and its skilled worker requirements, Government bodies and development plans supporting the growth of the industry. -
Association for Postal Commerce
Association for Postal Commerce "Representing those who use or support the use of mail for Business Communication and Commerce" "You will be able to enjoy only those postal rights you believe are worth defending." 1800 Diagonal Rd., Ste 320 * Alexandria, VA 22314-2862 * Ph.: +1 703 524 0096 * Fax: +1 703 997 2414 Postal News for May 2013 May 31, 2013 Post & Parcel: Post Danmark suffered a massive IT network failure on Wednesday, which took out its track and trace system. The national postal operator in Denmark said the disruption to its communications systems also meant that customers were unable to contact customer service regarding their inability to track their packages. Despite the problems, the company insisted yesterday that it is now back to delivering letters and parcels on time. Post & Parcel: PostNL will be increasing its prices from the beginning of August, with the basic rate for a domestic letter rising 11% to 60c. The Dutch postal service said the rate increases are necessary to counter the impacts of the country’s 8-10% annual decline in mail volumes. Letters going to European destinations will see rates rise to 96c, while letters going to the rest of the world will be charged at EUR 1. Business rates will also increase from 1st August, the company said. The basic rate for franked mail will be EUR 0.52. Despite beginning a “rigorous” series of restructuring effort and cost-saving plans, PostNL said its universal postal service is loss- making as a result of the large volume declines, while it continues to meet its obligation to guarantee mail delivery within 24 hours and maintain networks of 2,000 post offices and 15,000 mailboxes.