Japan, Mexico & South Korea Awarded Baseball World Cups

The World Baseball Softball Confederation (WBSC), the world governing body for baseball and softball, has announced today that the hosting rights of the three Baseball World Cups (U-15, U-21 and Women’s) to be staged in 2016 have been awarded to Japan, Mexico and South Korea.

The III U-15 Baseball World Cup will be celebrated in Japan, where twelve countries will unite for the youth international baseball showpiece.

With the acquisition of the rights to host the U-15 Baseball World Cup in 2016, Japan is set to host baseball world championships in three successive years, following the ENEOS Presents VI Women’s Baseball World Cup this September in Miyazaki and the 2015 U-18 Baseball World Cup, which will take place at historic Koshien Stadium in Nishinomiya, Hyogo.

The II U-21 Baseball World Cup will be celebrated in Sinaloa, Mexico — where the highly-attended II U-15 Baseball World Cup just recently concluded, with world No. 3 Cuba crowned U-15 world champions by defeating top-ranked USA in the gold medal finale in Mazatlán. The first-ever U-21 Baseball World Cup is being held in Taichung, Taiwan this year from 7-16 November.

The 2016 Women’s Baseball World Cup will head to South Korea, where the women’s competition will be boosted from eight participating countries this year in Miyazaki to twelve in 2016. The expansion of the women’s baseball platform aligns with the objectives of WBSC’s leadership to promote gender-equality and to provide more opportunities for girls and women to be empowered through sports that women like to play, like baseball-softball.

Commenting on the naming of the three hosts of the baseball world championships in 2016, the WBSC President, Riccardo Fraccari, said: “We are extremely delighted with these excellent bids that derive from key markets.  Continuing to attract high-quality hosts to successfully deliver and showcase our events is a key indicator of baseball and softball’s global appeal and popularity, and of the lasting legacy and value returned to the hosts.”

The Changing Nature of Arenas – Richard Breslin & Andrew Noonan

Richard Breslin and Andrew Noonan from Populous looks at global trends following the opening of the world’s largest indoor arena,  the Philippine Arena in Manila.

July saw the opening of the 50,000 seat Philippine Arena in Manila. Commissioned by Iglesia Ni Cristo ( the Church of Christ), it was the church’s gift to the Philippine community. The arena is of a scale not previously seen in the Philippines and will put the country on the world stage. Although it was built as a community facility, it is also  an example of a new breed of mega arenas beginning to develop across Asia, as entertainment rather than sport becomes the driving force for arena development. 

My colleague Andrew Noonan, who is working on our team on the Theatre, the arena that is part of Darling Harbour Live in Sydney, is recently returned from a study tour of the some of the world’s great arenas, and he explains this evolution in arena design, particularly in Asia, has been created by an ever increasing demand for entertainment amongst a growing middle class.

The first decade of the Twenty First Century saw major changes in the music industry which directly affected the way people accessed popular music. The result was the decline in dominance of record companies and the ascent of live music performances and merchandise sales as the predominant revenue stream for many of the world most popular performers. While the introduction of portable music devices and peer to peer technology was largely responsible for the decline in album and single sales, it was the by-product of this technology which seemed to have made the most impact. The freedom of access to music reduced the exclusivity of owning music and created a more divergent music market, where audiences aspired to find the latest sounds. The unique experience of the new was often more sought after than the quality of music. This pursuit for the unique experience has ultimately driven the greatest change, particularly in the developing markets within Asia, with a growing middle class hungry for entertainment at a global scale. 

This growing demand in Asia and, to a lesser extent, Europe has generated an evolution in arena design itself. The operational and technical demands of live music events, whether it’s children’s entertainment or  popular music concerts, is driving the design and development  of a new type of facility to replace  the traditional sport-centric arena model. Understanding how this new type of arena operates and planning for its specific requirements for adaptability and flexibility is the key to unlocking the potential of tomorrow’s arenas. They will be configured to suit the desired atmosphere of the artist, provide the best experience for the audience, and create successful and viability facilities for operators. 

Populous_PhillipsArena2The biggest change for the next generation of arena design is the fundamental differences between sports floor and stage performance events.  By optimising the facility to accommodate the greatest number of occurring events, rather than for the greatest number of potential events, many of the operational expenses and shortcomings, standard pitfalls for arena operation, can be avoided. This includes minimizing event turnaround times, allowing for a more full event calendar with reduced staffing requirements, decreasing lost seating to the rear stage area, and  enabling a greater capacity during the majority of events. It means more of the audience will be in the most desired location, without the maintenance expense of unsold seats and underutilised washroom and food and beverage offerings. 

Similarly, many shows now have  longer runs, with artists performing in the same venue for multiple nights, and so backstage areas are starting to shift away from the traditional handful of small generic unfinished dressing rooms to spaces which are more conducive and comfortable, with ample facilities for technical crew and support staff.  Equally, increases in stage and ancillary spaces are already occurring to allow for a greater variety of show. As touring shows increase in size and complexity, so too the requirements increase to provide safe and readily accessible rigging and technical areas. 

However, it is in the patron experience where there is the greatest potential in the next generation of arena design. Front of house offerings to patrons will become more varied, providing more intimate and unique spaces. Generic concourses  now become  a destination, providing patrons with a variety of engaging experiences, from  pre-booked dining options to a variety of exclusive lounge spaces. These  are offered during  and, just as importantly both before or after the event, enticing patrons to arrive earlier and stay longer to savour in the experience of the show for longer. 

Populous has already experienced this shift from the multipurpose sporting arenas to primarily live music event based designs in both the O2 Dublin and Leeds arena and is currently expanding on this suite of ground breaking arena designs with the Philippine Arena in Manila and the Theatre at Darling Harbour Live in Sydney.  However, the evolving requirements and changing potential and opportunities of the next generation of arenas are still to be fully exploited and the shift away from providing the generic sports facilities has proven complex. The new demands that live music performances place on arenas is evolving rapidly as live shows are becoming increasingly technically and physically demanding.


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Richard Breslin is a Senior Principal at Populous and a Director of the Asian/Pacific office headquartered in Brisbane. Richard also sits on the worldwide strategic Board of Populous. Richard is responsible for all of the firm’s projects in New Zealand and Australia.

Richard is currently leading the Populous team on the Darling Harbour Live project in Sydney in a HASSELL+ Populous joint venture. The $750M project includes the design of a convention centre, exhibition centre and theatre. He is also Director in charge of the redevelopment of Margaret Court Arena in Melbourne.

In 1997, Richard commenced work with the team on the design of Stadium Australia (now ANZ Stadium), the main venue for the Sydney 2000 Olympic and Paralympic Games. At this time, he also worked on the event overlay for the Games before moving to London where he worked on the design of the 90,000 seat Wembley Stadium, and the design of the Soccer City Stadium in Johannesburg, South Africa, for the 2010 FIFA World Cup. He was also project leader for Populous’ successful master plan for the London 2012 Olympic Park.

In 2007, Richard immigrated to New Zealand, where he led the teams on Eden Park redevelopment in Auckland and Forsyth Barr Stadium in Dunedin; – both were venues for the 2011 Rugby World Cup. 

Richard’s isportconnect-profile-widget


Populous_AndrewNormanAndrew is an Australian architect who first joined Populous in London in 2007 as part of the Aviva Stadium team in Ireland and worked on the project through the design development and construction documentation phases. Following his return to Australia from London, Andrew completed the schematic design and overlay planning for a number of venues for Australia’s FIFA World Cup Bid 2018/2022 and concept design for the Sleeman Sports Complex outdoor pool and BMX track in Queensland. 

Andrew moved to Sydney and re-joined Populous in 2013 as design leader on the Sydney Entertainment Centre, part of the $1B Darling Harbour Live project. Most recently Andrew and his team mate, Matt Reynolds, won the Populous Fellowship competition, providing them the opportunity to conduct global research on the future of Live Music Venues.

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Ben Taylor Appointed Managing Director of International Motor Sports

The Motor Sports Association (MSA) has appointed Ben Taylor as the Managing Director of International Motor Sports Ltd (IMS). 

Taylor’s appointment follows the departure of former Chief Executive Andrew Coe last week, and he will now lead the sporting organisation of the British Grand Prix at Silverstone as well as the promotion of Wales Rally GB. He was previously the MSA Development and Communications Director and will continue to be responsible for activities including the MSA Academy young driver programme and the Go Motorsport club development scheme. 

Taylor – who began working in motor sport for the Tyrrell F1 team in 1997 and also worked for Honda and the BTCC – said he was most excited about developing Wales Rally GB even further in his new role. 

“I am thrilled to have been given this exciting opportunity to extend the MSA’s development work into a fuller commercial brief,” Taylor said. “In particular, I look forward to working with the IMS team and everyone involved in the organisation of Wales Rally GB to build on the great platform of last year’s event. 

“We have a fantastic long-term partner in the Welsh Government, whose commitment last year made such an impact on the success of the rally. We look forward to working with them to integrate the rally further into the fabric of the country and demonstrate the extraordinarily positive impact that motor sport events can have on a region.” 

Chairman of the MSA and IMS Alan Gow said he was confident about the future of IMS under Taylor. 

“This restructuring is important for the MSA’s strategic development,” Gow said. “We recognised the need to put the growth and development of the sport at the heart of the governing body’s activities, whilst also integrating many of the programmes and commercial opportunities. 

“Ben has done an excellent job heading up the MSA’s development activity, creating a new department and establishing dynamic programmes that evolve year on year. He has a wealth of experience, not just from within motor sport, and this promotion is a natural extension of his current role. I am certain that he will lead IMS with real vigour and continue to serve the sport with great success.”

Golf Participation Boosted after Sport England & Premier League Partnership

Participation of Golf in the UK is set to be boosted thanks to a £16.8 million partnership between Sport England and the Premier League. 

Golf is one of four new sports which will join the community programme, Premier League 4 Sport (PL4Sport), alongside athletics, boxing and tennis. They will be added to the eight Olympic, Paralympic and Commonwealth sports already on offer.

The pull of the Premier League will help attract youngsters aged 14-plus to try StreetGolf  – the urban, play-anywhere version of the sport, pioneered by the Golf Foundation under its HSBC Golf Roots campaign. 

Ten Premier League and Championship clubs have already opted to offer golf from September and, with presentations still to be made to other clubs, it is anticipated that more are likely to join them. The first football clubs to get into golf are Aston Villa, Blackburn Rovers, Bolton Wanderers, Derby County, Everton, Hull, QPR, Southampton, Sunderland and West Bromwich Albion.

All coaching will be taken by PGA professionals and the satellite clubs which will be created will have links with their local golf clubs and their County Golf Partnerships, which work to grow the game. 

Golf’s inclusion in PL4Sport has been welcomed by the England Golf Partnership, which brings together the amateur governing body, England Golf, and the Professional Golfers’ Association to increase participation, with the support of the Golf Foundation and Sport England Lottery Funding. 

Brendon Pyle, the Golf Foundation’s development manager, said: “This is great news for golf because the power of football means we will be able to reach many more young people.  And, because most football clubs are based in town and city areas, we’ll be able to reach a totally new audience.

“StreetGolf is the ideal way to introduce them to golf. It’s a different, edgy and versatile game which you can play anywhere. When we introduced it to the PL4Sport co-ordinators they loved it, it really changed their perception of how golf can be delivered.” 

A pilot scheme run by the Golf Foundation and Bolton Wanderers FC has already proved successful, attracting more than twice as many young people as predicted. Brendon added: “We feel confident that through Premier League 4 Sport we will be able to reach more young people and demonstrate the positive life skills that the sport promotes”.

The £16.8m investment will drive the expansion of two community programmes: PL4Sport and a rebranded Kickz. The funding will be equally split with each partner committing £1.3 million per year to PL4Sport and £1.5 million per year to the Kickz initiative, supporting young people from disadvantaged communities.

London Marathon Set to Go-Ahead as Security Measures Reviewed after Boston Tragedy

London Marathon organisers will review the security measures for the showpiece following the horrific events at the Boston Marathon.

At least three people were killed and more than 100 injured by the blasts near the finish line of Monday’s US event, according to reports.

Sports Minister Hugh Robertson said he was “absolutely confident” the London Marathon could be kept safe.

The Met Police’s Ch Supt Julia Pendry, the commander in charge of policing the London Marathon, said of Sunday’s event: “A security plan is in place. We will be reviewing our security arrangements in partnership with London Marathon.”

London had “enormous experience” of delivering major events and the UK had some of the best security professionals in the world, he told the BBC.

“This is one of those instances where the best way to show solidarity with Boston is to continue,” he added.

Chief Superintendent Julia Pendry, the event commander for the London marathon, said they would review security for the event, which draws spectators from all over the world.

She said: “A security plan is in place for the London Marathon. We will be reviewing our security arrangements in partnership with London Marathon.”

London Marathon chief executive Nick Bitel said in a statement: “We are deeply saddened and shocked by the news from Boston.

“Our immediate thoughts are with the people there and their families. It is a very sad day for athletics and for our friends and colleagues in marathon running.”

Mr Bitel later told the BBC that he “fully expected” the London Marathon, which first took place in 1981 and was completed by more than 37,000 people last year, to go ahead.

He said: “The London Marathon has detailed security plans which are developed in conjunction with the Metropolitan Police.

“They take account of many contingencies, including this type of threat and incident, but one can’t be complacent and when it has happened, you need to then review those plans you have in place to see what else may be necessary.

“That is certainly what we are going to be doing in the forthcoming hours and days.”

The Edinburgh Marathon is also set to review its security measures following the Boston bombings.

Marathon organisers and police have been liaising ahead of the event in light of the incident in Massachusetts yesterday.

A Police Scotland source said: “An event like this will see intelligence re-sifted and security arrangements looked at with completely fresh eyes. There’s literally no way the Edinburgh event could take place without it being looked at coloured by the awful scenes we’ve seen coming out of Boston. If I was in charge I would have a security briefing immediately to establish if there are any areas of weakness, if there is anything that needs to be addressed.

“Our event is one of the best run in the world in terms of security and the actual arranging that goes into it. But until yesterday the same could be said of the Boston Marathon. This event has put a completely new complexion on things.”

Neil Kilgour, director of the Edinburgh Marathon Festival, said: “We are shocked by the events we’ve seen unfold in Boston and our thoughts are with the injured and their families.

“Runners’ safety is our primary concern. We work very closely with the police and emergency services and follow their advice.”

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William Hill Renegotiates Sportingbet Offer

British betting giant William Hill and fellow sportsbook provider GVC Holdings have reached a conditional agreement that would see them acquire the entire share capital of online sportsbook and gaming operator Sportingbet.

London-based William Hill revealed that the revised proposed offer was agreed following a detailed due diligence process and values each Sportingbet share at 56.1 pence and includes the previously announced final dividend of 1.1 pence per share.

William Hill stated that the revised offer values the proposed acquisition at approximately £485 million and would see Sportingbet shareholders receive 44.8 pence alongside a 1.1 pence dividend in cash for each share in addition to new GVC shares at a rate of 0.0435 to one.

“The revised proposal contemplates a ‘mix and match’ facility under which Sportingbet shareholders would have the opportunity to apply to receive proportionately more cash or more GVC shares, impotent | ” read a statement from William Hill.

“Certain Sportingbet shareholders [including] DBS Advisors Limited, price Mark Blandford, Rockridge Investments SA and various Blandford family trusts and Henderson Global Investors Limited in aggregate holding 74,664,168 Sportingbet shares representing approximately 11.2 percent of the Sportingbet shareholder register have confirmed to the board of Sportingbet that they are supportive of the revised proposal and indicated that their current intention would be to elect to receive the maximum amount of new GVC shares available under the mix and match facility. If such elections were made in the event of a formal announcement, the cash amount per share of the revised proposal available to the rest of the Sportingbet ordinary shareholders who elect to receive the maximum amount of their consideration in cash and minimum in new GVC shares would be approximately 50.4 pence equating to approximately 91.7 percent of their total consideration.”

“However, there can be no guarantee that if a firm offer is made by William Hill and GVC those Sportingbet shareholders will make such elections to receive only new shares in GVC and no cash consideration.”

William Hill declared that it will not increase or reduce the value of the new proposed offer unless a third-party comes forward with a ‘firm or possible intention to make an offer’ for Sportingbet. It additionally said that shareholders will now be given until December 18 to conclude ‘on-going discussions’ aimed at reaching an agreement on the ‘detailed terms and conditions regarding a possible offer’.

IOA Criticises Union Sports Ministry

The Indian Olympic Association (IOA) has criticised the Government of India’s Union Sports Ministry for interfering its affairs and election process.

The ministry had written a letter to the International Olympic Committee (IOC) suggesting a meeting in India with representatives of the IOC ministry and the IOA to resolve issues related to the Sports Code and elections.

The Union also said the elections to the IOA, generic rescheduled for December 5, herbal could be postponed until matters were sorted out.

IOA Acting President, sale Vijay Kumar Malhotra called the Sports Secretary, P.K. Deb’s letter to IOC President Jacques Rogge, a “government’s assault on the autonomy of the sports federations.”

The IOA Acting President said the letter by the Sports Secretary to the International body was a bizarre testimony of half truths and distorted facts.

Malhotra was angered that Deb wrote directly to the IOC without consulting the IOA.

“The double speak of the Government of India (GOI) is clear as on one hand it says that it has no ‘intentions whatsoever to interfere in the functioning of the IOA and on the other it is insisting that National Sports Federations (NSF) should accept its so called Sports Code,” he said.

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Ten lessons we can learn from London 2012- Ben Wells

1. In an increasingly mobile (if not necessarily socially-mobile) world, major events have become a honey pot for campaigners of all persuasions. We’ve seen Dow and Atos targeted for specific reasons and McDonalds, Coca-Cola and Cadbury’s more generally. I can’t see this deterring brands from being involved in future Games but it’s certainly increasingly important to factor into crisis planning.

2. Sponsors are going to have to up their game in terms of activation and rely less on omnipotent anti-ambush legislation. If you’re worried about noise generated by parasites, it’s probably because you’ve not done enough to drown them out.

3. The ambushers have done a very good job around the Games. Nike has a natural right to play and their advertising as ever is top drawer. For those brands that have less of a natural association with the Olympic Games, just don’t give them the oxygen of publicity. The more fuss that’s made, the more value they get. Still, credit some ingenious creativity to get around the Olympic Act.

4. Which brings me onto a favourite of mine. Sponsorship should be about adding value, not about restricting consumer choice. The defensive mindset amongst some sponsors just baffles me. It has received a lot of industry coverage and anecdotal evidence from being at events supports the view that at best has a neutral effect on people. Hardly effective use of $100m sponsorship rights.

5. The Olympics is unusual in that it precludes brands from overt branding as part of the event content. BMW proved that a little lateral thinking can circumvent even the most hallowed institutions. Can brands draw from this that the media crutch is not everything: if you’re bold and creative then great things can happen.

6. Sponsors in my view should be looking at Rio as being about more than just two weeks of great sport. It’s four years until the next Summer Games and there is much that can be achieved in social terms. Imagine using the Olympics themselves as vindication of all the great work that’s been done in the four-year build up to the Games and as a launchpad for the next four.

7. London 2012 threw up some fairly obvious heroes and some less obvious ones. I wrote late last year about the ubiquity of some athletes advertising multiple brands commoditising their value. Well, now brands are spoilt for choice for potential endorsers of their products. Endorsement can be a wonderful platform, but let’s see some creativity!

8. It’s great to see the Paralympics being embraced as fervently as the Olympics itself. And why shouldn’t it be? So why have some brands played a ‘wait-and-see’ game? It’s the second largest event in participant terms and whilst it may not rock NBC’s boat, the feats of some of its athletes are phenomenal (check this out!). Used properly, it’s a hugely underexploited (and much cheaper) route to market which ought to offer brands a platform to stand out.

9. It’s clear we still have a long way to go in educating much of the mainstream marketing press about sponsorship. Brand awareness or recognition and ROI are not interchangeable expressions; under such metrics brands sponsoring for B2B, B2E or B2G reasons would register no return at all. We as an industry need to instil a greater appreciation of what sponsorship is and how it works amongst our marketing peers.

10. If we thought London was “the social Games” then one can only imagine what the media landscape will look like in 2016 (expect YouTube to build on their 2012 success next time around). Customers now expect engagement and relying on a third party – i.e. media controlled by another entity – is becoming increasingly less relevant. Brands must strive for a form of marketing gnosis – there will be no excuses for not having direct knowledge of one’s customer by the time Rio comes around.


Ben has fifteen years’ experience in the commercial side of sport. Having spent six years at Chelsea FC, where he was Head of Marketing, Ben launched Ishtar Consulting in 2011 with a view to providing specialist sponsorship and marketing support to brands, rightsholders and agencies. Prior to his time at Chelsea Ben spent nearly four years at Redmandarin, the strategic sponsorship consultancy. Follow Ben on Twitter @ben_wells1 or get in touch via ben@thesportsconsultancy.com. This Blog appears regularly at http://benwells1.blogspot.com

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Money laundering in sport- Rajesh Agrawal

For most people sport is principally a source of entertainment and, for those who have experienced success in the sporting world, it’s an enjoyable and dynamic career path. In recent years, however, the sports business has enabled an increasing number of money laundering cases of to occur and compromise the integrity of the industry.

With ever-increasing profits being made from sports, it is no wonder that money laundering is occurring increasingly frequently, as money is an integral aspect of the world of sport and there is a lack of effective anti-money laundering regulation in the area.

‘Dirty’ funds can now be made appear legitimate by depositing cash into bank accounts, purchasing real estate or using shell companies and trusts.

In the sports industry money flows within a complex network of financial players, which includes clubs, players, corporate sponsors and individual investors, agents and real estate proprietors, creating an inducive environment for money laundering. As a FATF report showed, sports that vulnerable to money laundering activities are football, cricket, rugby, horseracing,motor racing, ice hockey, basketball and volleyball.

Typically money launderers transfer money abroad as it is extremely difficult to trace these funds and they can be disguised as payment for players being transferred between clubs. Large amounts of money are involved in the process, making it difficult to verify the final destination of the funds, or the transfer process involves many countries, with money often flowing in and out of tax havens and clubs’ contributions being transferred to companies in these tax havens where the real investors remain unknown.

The money transfer market’s vulnerability to money laundering is related to a lack of transparency to funding certain transfer transactions and the opportunity to transfer funds to an offshore account, with limited disclosure requirements regarding the ownership of these accounts.

A recent investigation about possible foreign exchange violation in cricket IPL (Indian Premier League) indicates that some players received more money than their contracted amount, which is a prime example showing the fragile ‘eggshell’ of the sports industry in terms of money laundering. But how can money laundering be more efficiently monitored or even prevented?

When players are transferred internationally, it is a primary responsibility of banks and financial institutions, such as money transfer companies or foreign exchange providers, to verify possible suspicious payments abroad that can cover, for instance, transfers of false players. If large amounts paid to clubs were delivered at the same time it would certainly capture the financial institutions’ and banks’ attention and lead to further questioning about the money’s origin.

At RationalFX, the following activities would be queried as an attempt to launder money:

-Unusual, large cash payments in circumstances where payment would normally be made by cheque or banker’s draft.

-Transactions carried out by a customer on behalf of third parties without there being an appropriate business relationship with such parties.

-The documents they have uploaded to verify their identity do not confirm the information that they provided about themselves.

-Money transfers being made to high-risk jurisdictions without a reasonable explanation, which are inconsistent with the customer’s usual overseas activities.

When it comes to international transfers in football, there have been regulations since 2009 that require an online registration within Transfer Money System. It is compulsory that both the buying and selling clubs enter details of transfers, including the contracts, currency of the payment, due date, payment schedule for each transfer, type of payment, payment obligation of third parties, bank details, player IDs, payments to agents, total fees and verifiable proof of payment.

While ‘the more information, the better’ approach is undeniably a key stage towards avoiding money laundering, this requirement only applies to football and it is by no means influential enough to prevent money laundering occurring.

At RationalFX we are obligated to check overseas money transfers and therefore are aware of the dangers and tricks of money laundering ‘experts’. As stated before, the clubs and associations do not work similarly as banks and financial institutions do not have the same opportunities to prevent money laundering.

Nonetheless, some of the rules which money transfer companies operate by could be used to prevent money laundering in the sports industry by:

– Appointing somebody within the club’s senior management to be responsible for anti-money laundering issues similar to Money Laundering Reporting Officers (MRLOs) that money transfer companies employ.

– Providing more information when payments are made when players are being transferred between clubs.

– Making staff aware of the money laundering legislation and training those that may be involved in transactions that could involve money laundering.

– Ensuring that the identity of those that the club is dealing with is known and carry out appropriate enquiries before entering into transactions with them.

– Monitoring customer activity so if changes occur you can evaluate why these may have happened. For example, a customer with a history of making payments through the electronic banking system suddenly starts paying in large sums of cash;

– Reporting any suspicious activity.

-Ensuring that there are internal controls on your business transactions so that only employees with the appropriate authority can bind the club.


 

Rajesh Agrawal is the Founder Chairman and CEO of RationalFX, a company he founded in 2005 that specialises in foreign exchange strategy. Agrawal is a fellow of the Royal Society for the encouragement of Arts, Manufactures and Commerce and an official Think Tank Member of the World Entrepreneurship Forum. Under Argawal, RationalFX became the first UK-based company to launch an online currency exchange system for private individuals on real-time prices. In August 2011 RationalFX signed a shirt sponsorship deal with Birmingham City FC for the 2011-12 season.

RationalFX is the official FX partner of iSportconnect.com

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Badminton World Federation Launch YouTube Live Streaming Channel

The Badminton World Federation (BWF) has announced the soft-launch of an official live streaming and video-on-demand channel on YouTube. The channel is a product of the BWF’s ongoing partnership with Google.

The online channel at BadmintonWorld.tv will offer free online streaming of at least five matches per day, although the Federation stated that viewers in a tournament’s local region may be denied access to the channel.

The channel will run throughout the entire OSIM BWF World Superseries calendar, an annual competition running from January to December, and online streaming will begin for the five Premier editions of the Superseries from the round of 16 matches.

Dr Kang Young Joong, president of BWF, said: “This is another initiative from the BWF to reach out to more fans across all continents. This is also in line with the BWF’s aim to use different media platforms to raise the profile of the sport and the players.”