Monthly Archives: December 2011

AML I want for Christmas is…

Posted on December 23, 2011 by Susan Grossey author

To help Father Christmas on his rounds this year, I have put together my list of AML wishes: A government-issued and internationally-agreed list of PEPs Tax evasion as a predicate crime for money laundering in every jurisdiction in the world … Continue reading →

Posted in General thoughts, Money laundering | Tagged financial crime, money laundering, proceeds of crime, tax evasion | 3 Comments

Telephone numbers

Posted on December 21, 2011 by Susan Grossey author

When you talk about money laundering, and when you work with large international institutions, you get used to large numbers. But just occasionally something brings me up short. Last week there was a report published by Global Financial Integrity called … Continue reading →

Posted in Money laundering, Organised crime, Publications | Tagged corruption, financial crime, money laundering, proceeds of crime, publications, research, tax evasion | Leave a comment

Tax cheats get toasted feet

Posted on December 19, 2011 by Susan Grossey author

As you may have gathered, I am not fond of criminals. If really pushed, I can occasionally (although rarely) conjure up a scintilla of sympathy for someone whose circumstances have conspired to lead them into a life of crime – … Continue reading →

Posted in General thoughts, Money laundering | Tagged asset forfeiture, financial crime, fraud, money laundering, proceeds of crime, tax evasion | 3 Comments

Specialist subject: the bleeding obvious

Posted on December 16, 2011 by Susan Grossey author

The other evening I was watching “Death in Paradise” (so shoot me: I have a weakness for police detectives, which overcomes all qualms about the programme itself being complete tosh with plots so thin that even my cat could solve … Continue reading →

Posted in General thoughts, Money laundering | Tagged money laundering, organised crime, proceeds of crime, research, training | 6 Comments

The honey money trap

Posted on December 14, 2011 by Susan Grossey author

On the Stop Press page of my website, I am careful not to recirculate gossip and rumour rather than fact. This blog, on the other hand, owes more than a little to Alice Roosevelt Longworth (Teddy’s daughter) who declared, “If … Continue reading →

Posted in Money laundering, Organised crime | Tagged corruption, financial crime, legislation, money laundering, organised crime | Leave a comment

Even dictators want to go home for Christmas

Posted on December 12, 2011 by Susan Grossey author

The very first case study I ever used in AML training was about Manuel Noriega, who at the time was serving a thirty year sentence in the US for drug trafficking and money laundering. Today, after more twists and turns … Continue reading →

Posted in Bribery and corruption, Money laundering, Organised crime | Tagged corruption, money laundering, organised crime, PEP, proceeds of crime | 1 Comment

The Fall of the House of Blatter

Posted on December 9, 2011 by Susan Grossey author

It’s the gift that keeps on giving: I first blogged about football back in August, thinking that FIFA would soon sink beneath the waves, but still it rumbles on. This is one of those peculiar situations where what should be … Continue reading →

Posted in Bribery and corruption, Money laundering | Tagged corruption, financial crime, organised crime, proceeds of crime | 1 Comment

Reporting lines – direct or stoppers?

Posted on December 7, 2011 by Susan Grossey author

When friends come to visit us in Cambridge, I always warn them to get the fancifully-named Cambridge Cruiser trains – the non-stop ones – rather than the more leisurely stopping service which takes in the delights of Harlow Town, Elsenham … Continue reading →

Posted in General thoughts, Legislation | Tagged disclosure, legislation, ML Regulations, MLRO, money laundering, reporting, training | 3 Comments

Lazy, lazy legislation

Posted on December 5, 2011 by Susan Grossey author

I tried to join a gym yesterday, but my body refused – it said that it just couldn’t be bothered, and that a KitKat in the cafe next door was much more appealing. (And I ask you, can you really … Continue reading →

Posted in Legislation | Tagged bribery, Bribery Act 2010, corruption, due diligence, legislation, ML Regulations | Leave a comment

My e-publishing adventure – part 6

Posted on December 2, 2011 by Susan Grossey author

I’m beginning to regret this, but at the end of October I did report to you my e-book sales figures so I suppose I must continue. Sadly, it is not looking good – there’s barely enough in the Amazon coffers … Continue reading →