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Chad president lifts year-long ban on social-media usage

Bloomberg Chad lifted a more than a year-long ban on social media including Facebook and Twitter that the government said had been necessary for security reasons. The announcement was made by President Idriss Deby at a conference about digital technology in the capital, N’Djamena. While he said he’d instructed internet service providers to suspend the restrictions immediately, he appealed “to ...

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UK banks expand role as rules on financial-crime reformed

Bloomberg A raft of global banks including HSBC Holdings Plc and Morgan Stanley were among those added to a UK task force that aims to set strategy for fighting financial crimes in the country, giving the industry more influence over its own regulation. While details were scant, the task force promised in a statement to improve the use of data ...

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BNP Paribas set to end private prisons funding

Bloomberg BNP Paribas SA will no longer finance private prison companies, joining a wave of banks pulling out of the business amid criticism of the conditions in US detention facilities. “This decision is the result of the bank’s internal and external consultative process that ensures that clients’ practices are aligned with the group’s policies,” BNP Paribas said in an emailed ...

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