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Biscotti Recipe

These are classic, crisp, lightly sweet almond biscotti , perfect for dunking in coffee, tea, or hot chocolate.  Ingredients 2½ cups all-purpose flour ¼ cup cornmeal 1 teaspoon baking powder 1 teaspoon salt 1 teaspoon anise seeds, crushed 10 tablespoons unsalted butter 1⅓ cups sugar 2 large eggs 2 teaspoons vanilla extract ½ teaspoon almond extract 1¾ cups slivered almonds, chopped Instructions  1. Prep the oven Preheat to 350°F . Position racks in the upper and middle thirds. 2. Mix dry ingredients Combine flour, cornmeal, baking powder, salt, and crushed anise seeds. 3. Cream butter & sugar Beat butter and sugar until light and fluffy. Add eggs, vanilla, and almond extract. 4. Combine Add dry ingredients to the wet mixture. Fold in chopped almonds. 5. Shape the dough Form into two logs on a parchment-lined baking sheet. Chill briefly if the dough is too soft. 6. First bake Bake until lightly golden and set. 7. Slice Let coo...

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Regulatory Warnings Ignored: Canadian Arm of China's Largest Bank Faces Scrutiny

The Canadian subsidiary of the Industrial and Commercial Bank of China (ICBC), the world's largest bank, has come under fire for repeatedly violating anti-money laundering regulations. Despite multiple warnings from Canada's financial intelligence unit, FINTRAC, the bank failed to address critical compliance issues. These included neglecting to file suspicious transaction reports and not treating high-risk activities with the required level of scrutiny.

A routine audit in 2019 revealed several administrative violations, leading to a fine of $701,250 issued in 2021. The violations highlight systemic lapses in the bank's financial crime compliance controls, raising concerns about its commitment to combating money laundering and terrorist financing.

The case underscores the importance of robust regulatory oversight and the need for financial institutions to prioritize compliance to maintain the integrity of the financial system.

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