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World Money Laundering Report - new site licence arrangements
London World Money Laundering Report, the leading publication for counter-money laundering and anti terrorist financing professionals ( AML / CFT ) has implemented a new site licence arrangement which saves customers thousands of dollars each year.
However, as time has gone by and WMLR has reached Volume 11, this had become a cumbersome - and expensive - procedure.
WMLR's publishers, Vortex Centrum Limited, have announced a new site licence arrangement under which a single subscription covers the current and all past volumes.
Previously, a site licence for each year cost the equivalent of ten individual licences for that year. The result was that, after ten volumes, a site licence for all volumes would cost GBP250 for each archive year plus GBP450 for the current year, a total of GBP2295.
Under the new arrangements, new subscribers pay GBP650 and renewals cost GBP450 per annum but give access to the entire archive.
A site licence allows wider use of the content of World Money Laundering Report than that permitted under individual licences, including the right to distribute copies within an organisation, to store the copies in an electronic library and to print library copies. None of these rights apply to individual licences.
Site licence customers include regulators and other government departments and agencies, enforcement and intelligence agencies and financial institutions.
Announcing the changes, Nigel Morris-Cotterill, Head, The Anti Money Laundering Network, parent of Vortex Centrum Limited, said "World Money Laundering Report has been at the forefront of e-publishing since 1999. Indeed, Vortex Centrum Ltd can legitimately claim to have been one of the world's first e-publishing businesses. With this change in site licence policy, we have taken a further step towards consolidating our position in what is a very specialised and challenging market."
The change to the site licence policy comes following the migration of distribution of individual issues of World Money Laundering Report to the Kindle / Kindle Reader platform which is managed by Amazon.Com. "By passing the payment and delivery of individual issues, including the archive, to Amazon.Com we have been able to reduce costs and that means that, for an individual, the price of a single year's issues of World Money Laundering Report that was GBP150 in 1999 and rose over time is now approx GBP45 (after conversion from USD60). The only fly in the ointment is that Amazon.Com restrict the markets that they allow downloads to. This is an issue we are trying to resolve because we do not want to move to another platform unless it is absolutely necessary."
Site licences are not managed via the Amazon.com / Kindle platform and are therefore available worldwide.
For more information, see http://www.worldmoneylaunderingreport.com
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The Anti Money Laundering Network has provided consultancy, training and publications worldwide since 1994. Global Response centre is in Malaysia. Operating companies in the UK, Hong Kong and Malaysia. Group holding company: Hong Kong.