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Myanmar junta amends law for more power on detentions, spying

Bloomberg Myanmar’s military amended an existing law on privacy and security rights, giving it more power to detain people for longer and tap on their communications. The junta, led by Min Aung Hlaing, signed a law that would allow it to make arrests or search private premises without warrants, according to the office of the commander-in-chief of defense services. It ...

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Draghi seeks unity as Italy’s new leader

Bloomberg Former European Central Bank (ECB) President Mario Draghi stressed the need for unity after being sworn in as Italy’s prime minister, ending weeks of political gridlock and avoiding an election during the pandemic. Draghi was sworn in by President Sergio Mattarella at Rome’s Quirinale palace, with limited attendance because of social distancing rules. After the ceremony Draghi held his ...

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HK planning money flow scrutiny of Chinese officials

Bloomberg Hong Kong plans to expand scrutiny on capital flows and transactions by Chinese officials, according to a recent consultation paper on anti-money laundering. The Financial Services and the Treasury Bureau is proposing to implement enhanced due diligence on “politically exposed persons” from anywhere outside Hong Kong instead of outside the People’s Republic of China, according to the paper. The ...

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