London Taxis Over The Frontier
A sight more associated with being distinctly British has made inroads to life over the Frontier. The heritage of LEVC began in 1908 when the first dedicated black cab was specially designed and commissioned for use in London. With its unmistakable silhouette and classic design cues, this iconic British vehicle has defined the company for over a century. In 2018, LEVC introduced its latest taxi model, the electric TX. TX is world’s cleanest, most advanced taxi ever, powered by LEVC’s revolutionary eCity technology.
LEVC has opened new dealer franchises in Bilbao, Malaga and Valencia, taking the total to 5.
Joerg Hofmann, LEVC CEO, explained, “In April 2021, the Spanish government stepped up a gear, introducing a range of measures, including financial initiatives, to promote rapid growth in the EV sector by aiming to place five million EVs on Spain’s roads by 2030.”
LEVC’s new EV vehicles aim to eliminate range anxiety with the taxi offering a pure electric range of 64 miles (103km), backed up by the reassurance of a totally electric driven range of up to 318 miles (512 km).
The company aims to continue to increase its export footprint, with a strategy to move from 90% domestic sales to 60% export by 2024.”
A new take on the Blockchain phenomenon has launched, mixing the security of the distributed ledger with free-of-censorship news and reporting.
NewsEngine will focus exclusively on factual and thorough perspectives of current affairs, while rewarding all parties involved.
Its founder, Teemu Airamo, said, “Our mission is to create news content that is both empowering for its readers, as well as representative of the integrity of its writers. We aspire to become the most trusted and democratic news alternative to mainstream media.”
“Simply put, writers produce and submit content, which is inspectedfor accuracy by a randomised set of reviewers on the network. Articles deemed acceptable enough will be published to the network and made available to readers. We aim to be the first line in defence against so-called ‘fake news’.
“You could describe it as the Wikipedia for the moment, where everyone wins.”
For more information, contact
Money laundering fine
The Office of Fair Trading has issued a £7,000 financial penalty to local real estate agent.
The financial penalty was issued owing to the identification of various breaches and deficiencies in the manner the business implements its anti-money laundering and countering the financing of terrorism (AML/CFT) obligations.
The Breaches and deficiencies were identified as part of the OFT’s ongoing AML/CFT supervisory activities that involve carrying out regular onsite visits of its regulated entities at their premises on a risk-based approach. This allows the OFT to observe the implementation of AML/CFT processes, procedures and controls and to review AML/CFT records.
Since November 2021 the OFT has carried out 12 onsite visits and issued 12 action plans and 4 warning notices in relation to between £400 and £4000 worth of financial penalties in addition to the financial penalty referred to above.
The OFT’s exercises its role as a supervisory body under the Proceeds of Crime Act 2015, to ensure that real estate agents and high value good dealers in Gibraltar comply with their AML/CFT obligations.
For more information about the OFT’s AML/CFT role please visit: https://www.oft.gov.gi/aml-cft