Money laundering through cryptocurrencies: Analysing the responses of the United States and Australia and providing recommendations for the UK to address the money laundering risks posed by cryptocurrencies

This thesis aims to analyse the phenomenon of cryptocurrencies, specifically the legal understanding of cryptocurrencies, to assess whether they may be used to launder money, and if so, how this risk should be addressed in the United Kingdom. Cryptocurrencies have had a tumultuous existence since the publication of original white paper proposing the first cryptocurrency, Bitcoin, by Satoshi Nakamoto in October 2008. Bitcoin in particular has had dramatic fluctuations in its value, and it has been at the centre of high-profile scandals such as the collapse of the Mt Gox exchange in February 2014 and been utilised as the preferred payment method for ransomware demands, such as the ‘WannaCry’ cyber-attack on the NHS in May 2017. While awareness of cryptocurrencies is growing, the understanding, use and regulation of them remains limited in the United Kingdom. Cryptocurrencies allow transactions, of any size, to be completed within minutes, and without the need for financial institutions to facilitate, or any centralised government interference. The cryptocurrency model relies on a publicly distributed ledger that is maintained by all the computers in the system to keep it up to date and free from fraud and replaces individuals’ names with public codes, making cryptocurrencies pseudonymous. The limited awareness of cryptocurrencies, and the degree of anonymity afforded to users, could be viewed as an ideal opportunity for money launderers who are seeking to hide and disguise their proceeds of crime via a decentralised cryptocurrency system.This thesis concludes that the United Kingdom has not kept pace with international best practice in anti-money laundering regulation with regards to cryptocurrencies, but also that the current international standards do not fully regulate cryptocurrencies from an anti-money laundering perspective. The gap between the United Kingdom and the leading regulation in the United States of America and Australia will be closed by the implementation of the 5th Anti-Money Directive. However, this thesis proposes that a tailored approach to cryptocurrencies is needed as the application of existing anti-money laundering measures is not compatible with cryptocurrencies and fails to address the blockchain

Stable isotope analysis using tunable diode laser spectroscopy

Measurements of ratios of stable isotopes are used in such diverse fields as petroleum prospecting, medical diagnostics, and planetary exploration. The narrow emission linewidth available from tunable diode lasers permits high-resolution infrared absorption measurements of closely spaced isotopic rovibrational lines. Our dual beam spectrometer uses the sweep integration technique in a spectral region where adjacent spectral lines are of approximately equal absorbance at the expected isotopic abundances. The experimental results reported here indicate that isotopic ratios of carbon in carbon dioxide can be measured to an accuracy of better than 0.4%. This laser spectroscopic spectrometric technique offers an alternative to the mass technique for in situ isotopic analysis in field studies, as well as flight and space applications

Youth engagement with alcohol brands in the UK

Report from Cancer Research UK, University of the West of England and University of Stirling which explores how young people engage with alcohol brand

Human Dental Microwear From Ohalo II (22,500–23,500 cal BP), Southern Levant

Dietary hardness and abrasiveness are inferred from human dental microwear at Ohalo II, a late Upper Palaeolithic site (22,500–23,500 cal BP) in the southern Levant. Casts of molar grinding facets from two human skeletons were examined with a scanning electron microscope. The size and frequency of microwear was measured, counted, and compared to four prehistoric human groups from successive chronological periods in the same region: pre-pottery Neolithic A, Chalcolithic (this study); Natufian, pre-pottery Neolithic B (Mahoney: Am J Phys Anthropol 130 (2006) 308–319). The Ohalo molars had a high frequency of long narrow scratches, and a few small pits, suggesting a tough abrasive diet that required more shearing rather than compressive force while chewing. These results imply that the diet of the two late Upper Palaeolithic hunter-gatherers did not focus on very hard foods. Aquatic foods with adherent contaminants, as well as grit from plant grinding tools seemed likely causal agents. The size of the pits and scratches on the Ohalo molars were most similar to microwear from the pre-pot- tery Neolithic A period, though they also compared well to the Chalcolithic period. These results contrasted with the larger pits and scratches from the Natufian hunter-gath- erers and pre-pottery Neolithic B farmers, implying that there is no simple increase or decrease in dietary hard- ness and abrasiveness across the late Upper Palaeolithic to Chalcolithic development in the Southern Levant

Dental Microwear From Natufian Hunter-Gatherers and Early Neolithic Farmers: Comparisons Within and Between Samples

Microwear patterns from Natufian hunter-gatherers (12,500–10,250 bp) and early Neolithic (10,250–7,500 bp) farmers from northern Israel are correlated with location on facet nine and related to an archaeologically suggested change in food preparation. Casts of permanent second mandibular molars are examined with a scanning electron microscope at a magnification of 500×. Digitized micrographs are taken from the upper and lower part of facet nine. Microwear patterns are recorded with an image-analysis computer program and compared within and between samples, using univariate and multivariate analyses. Comparisons within samples reveal a greater frequency of pits on the lower part of the facet among the farmers, compared to the upper part. Microwear does not vary over the facet among the hunter-gatherers. Comparisons between samples reveal larger dental pits (length and width) and wider scratches among the farmers at the bottom of the facet, compared to the hunter-gatherers. Microwear does not vary between samples at the top of the facet. The microwear patterns suggest that the Natufian to early Neolithic development led to a harder diet, and this is related to an archaeologically suggested change in food processing. The harder diet of the early farmers may have required higher bite forces that were exerted at the bottom of facet nine, in the basin of the tooth

Survival, pathologic response, and genomics in CALGB 40601 (Alliance), a neoadjuvant Phase III trial of paclitaxel-trastuzumab with or without lapatinib in HER2-positive breast cancer

PURPOSE CALGB 40601 assessed whether dual versus single human epidermal growth factor receptor 2 (HER2) -targeting drugs added to neoadjuvant chemotherapy increased pathologic complete response (pCR). Here, we report relapse-free survival (RFS), overall survival (OS), and gene expression signatures that predict pCR and survival. PATIENTS AND METHODS Three hundred five women with untreated stage II and III HER2-positive breast cancer were randomly assigned to receive weekly paclitaxel combined with trastuzumab plus lapatinib (THL), trastuzumab (TH), or lapatinib (TL). The primary end point was pCR, and secondary end points included RFS, OS, and gene expression analyses. mRNA sequencing was performed on 264 pretreatment samples. RESULTS One hundred eighteen patients were randomly allocated to THL, 120 to TH, and 67 to TL. At more than 7 years of follow-up, THL had significantly better RFS and OS than did TH (RFS hazard ratio, 0.32; 95% CI, 0.14 to 0.71; P 5.005; OS hazard ratio, 0.34; 95% CI, 0.12 to 0.94; P 5.037), with no difference between TH and TL. Of 688 previously described gene expression signatures, significant associations were found in 215 with pCR, 45 with RFS, and only 22 with both pCR and RFS (3.2%). Specifically, eight immune signatures were significantly correlated with a higher pCR rate and better RFS. Among patients with residual disease, the immunoglobulin G signature was an independent, good prognostic factor, whereas the HER2-enriched signature, which was associated with a higher pCR rate, showed a significantly shorter RFS. CONCLUSION In CALGB 40601, dual HER2-targeting resulted in significant RFS and OS benefits. Integration of intrinsic subtype and immune signatures allowed for the prediction of pCR and RFS, both overall and within the residual disease group. These approaches may provide means for rational escalation and de-escalation treatment strategies in HER2-positive breast cancer

Comparison of Continuous versus Categorical Tumor Measurement-Based Metrics to Predict Overall Survival in Cancer Treatment Trials

The categorical definition of response assessed via the Response Evaluation Criteria in Solid Tumors has documented limitations. We sought to identify alternative metrics for tumor response that improve prediction of overall survival

Linking basin-scale and pore-scale gas hydrate distribution patterns in diffusion-dominated marine hydrate systems

The goal of this study is to computationally determine the potential distribution patterns of diffusion-driven methane hydrate accumulations in coarse-grained marine sediments. Diffusion of dissolved methane in marine gas hydrate systems has been proposed as a potential transport mechanism through which large concentrations of hydrate can preferentially accumulate in coarse-grained sediments over geologic time. Using one-dimensional compositional reservoir simulations, we examine hydrate distribution patterns at the scale of individual sand layers (1-20 m thick) that are deposited between microbially active fine-grained material buried through the gas hydrate stability zone (GHSZ). We then extrapolate to two-dimensional and basin-scale three-dimensional simulations, where we model dipping sands and multilayered systems. We find that properties of a sand layer including pore size distribution, layer thickness, dip, and proximity to other layers in multilayered systems all exert control on diffusive methane fluxes toward and within a sand, which in turn impact the distribution of hydrate throughout a sand unit. In all of these simulations, we incorporate data on physical properties and sand layer geometries from the Terrebonne Basin gas hydrate system in the Gulf of Mexico. We demonstrate that diffusion can generate high hydrate saturations (upward of 90%) at the edges of thin sands at shallow depths within the GHSZ, but that it is ineffective at producing high hydrate saturations throughout thick (greater than 10 m) sands buried deep within the GHSZ. Furthermore, we find that hydrate in fine-grained material can preserve high hydrate saturations in nearby thin sands with burial

Towards responsible use of cognitive-enhancing drugs by the healthy

In this article, we propose actions that will help society accept the benefits of enhancement, given appropriate research and evolved regulation. Prescription drugs are regulated as such not for their enhancing properties but primarily for considerations of safety and potential abuse. Still, cognitive enhancement has much to offer individuals and society, and a proper societal response will involve making enhancements available while managing their risks