The new plan to reintegrate disillusioned former ISIL members follows concerns over the emergence of home-grown terror threats with four major attacks attributed to Islamist extremists in 2017, including one at a music concert in Manchester (pictured). Peter Byrne/PA via AP
The new plan to reintegrate disillusioned former ISIL members follows concerns over the emergence of home-grown terror threats with four major attacks attributed to Islamist extremists in 2017, including one at a music concert in Manchester (pictured). Peter Byrne/PA via AP
The new plan to reintegrate disillusioned former ISIL members follows concerns over the emergence of home-grown terror threats with four major attacks attributed to Islamist extremists in 2017, including one at a music concert in Manchester (pictured). Peter Byrne/PA via AP
The new plan to reintegrate disillusioned former ISIL members follows concerns over the emergence of home-grown terror threats with four major attacks attributed to Islamist extremists in 2017, includ

British ISIL fighters face help with jobs and homes - report


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Terrorist suspects including those who have returned from fighting in Iraq and Syria could receive help in finding jobs and homes to reintegrate them into British society, according to media reports.

The strategy, called Operation Constrain, is aimed at targeting 20,000 extremists once considered “subjects of interest” but who have dropped off the radar of the security services, according to documents seen by The Mail on Sunday.

The plan would involve police and social workers contacting those already on the database of the domestic security service MI5 to check their suitability for the programme. Those targeted could include some of the estimated 850 Britons who travelled to join ISIL, the report said.

Britons are among more than 40,000 foreigners from 110 countries who joined the group before and after the group’s declaration of a caliphate in June 2014, according to a report last week by The Soufan Center, a global security think tank.

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It said at least 5,600 people from 33 countries have already returned home representing a “huge challenge” for security services and law enforcement. About half of British foreign fighters are believed to have returned, a higher proportion than all but three countries, sparking debate over what should be done with them.

The head of MI5 has warned of an intense threat they pose to UK security following ISIL’s loss of its one-time stronghold of Raqqa. A minister in the UK’s international development ministry, Rory Stewart, said that British foreign fighters were part of a death cult who should be killed before they left the country.

The country’s top prosecution lawyer has called for more powers, while the government’s reviewer of terrorism legislation told the BBC last week that there was already an “armoury of legal powers” that could be brought to bear including temporary exclusion orders from the country.

“We’re told we have a significant number already back in this country who have previously gone to Iraq and Syria,” the reviewer, Max Hill, said. “That means the authorities have looked at them and looked at them hard and have decided that they do not justify prosecution.

“We really should be looking at reintegration and moving away from any notion that we are going to lose a generation due to this travel.”

Operation Constrain would be a step up from the UK’s current deradicalisation programme Prevent, which provides training for teachers, doctors and youth workers to spot and report people of concern.

It is due to start next year and be funded by the £900 million budget already targeted for counter-extremism work. It follows concerns over the emergence of home-grown terror threats with four major attacks attributed to Islamist extremists in 2017.

They included attacks on a music concert in Manchester and two similar attacks in central London using vehicles to ram pedestrians before carrying out further random stabbings, leaving a total of 36 people dead. Khalid Masood, a 52-year-old who used a car to kill four pedestrians in March 22 before stabbing a police officer to death, was believed to be one of the 20,000 who was known to the security services but not believed to be a major threat.

The attacks prompted questions about the ability of the security services to monitor the activities of thousands of potential suspects. A Home Office spokesman declined to comment about Operation Constrain but confirmed it was reviewing its counter terrorism strategy to respond to an evolving threat.

“It is vital that we use all the means at our collective disposal to divert people away from terrorist-related activity and we are exploring the best ways of doing this with our partners,” it said in a statement.

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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When: Sunday, July 15, 7pm (UAE)
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Thursday (All UAE kick-off times)

Sevilla v Real Betis (midnight)

Friday

Granada v Real Betis (9.30pm)

Valencia v Levante (midnight)

Saturday

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Sunday

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FTO designations impose immigration restrictions on members of the organisation simply by virtue of their membership and triggers a criminal prohibition on knowingly providing material support or resources to the designated organisation as well as asset freezes. 

It is a crime for a person in the United States or subject to the jurisdiction of the United States to knowingly provide “material support or resources” to or receive military-type training from or on behalf of a designated FTO.

Representatives and members of a designated FTO, if they are aliens, are inadmissible to and, in certain circumstances removable from, the United States.

Except as authorised by the Secretary of the Treasury, any US financial institution that becomes aware that it has possession of or control over funds in which an FTO or its agent has an interest must retain possession of or control over the funds and report the funds to the Treasury Department.

Source: US Department of State

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