Monthly Archives: March 2013

A modest little room of one’s own

Posted on March 27, 2013 by Susan Grossey author

If they didn’t exist, you’d have to make them up. Christian and Nick Candy are (according to their company website) “exclusive interior designers and property development managers”. Nick is married to Aussie soap actress Holly Valance and lives in London, … Continue reading →

Posted in Money laundering, Tax | Tagged asset forfeiture, corruption, due diligence, financial crime, money laundering, organised crime, PEP, proceeds of crime, tax evasion, white collar crime | 2 Comments

Now you see it, now you don’t

Posted on March 25, 2013 by Susan Grossey author

I’m not a fan of virtual worlds – to be honest, I have enough difficulty coping with the complexities of the real one. But as a dedicated AML anorak, I do occasionally have to look into what is happening out … Continue reading →

Posted in AML, Money laundering | Tagged AML, due diligence, financial crime, legislation, money laundering, proceeds of crime, virtual currency | Leave a comment

An awfully big European adventure – part 5

Posted on March 22, 2013 by Susan Grossey author

All this week I have been regaling you breathlessly with my reports from last Friday’s EU conference on AML/CFT and the Fourth Money Laundering Directive. And a few of you have been in touch to ask why I haven’t talked … Continue reading →

Posted in AML, Money laundering | Tagged AML, communication, conferences, due diligence, financial crime, legislation, ML Regulations, proceeds of crime | 2 Comments

An awfully big European adventure – part 4

Posted on March 21, 2013 by Susan Grossey author

When I signed up to attend last Friday’s conference on AML/CFT and the Fourth Money Laundering Directive, I was unsure about the purpose of the conference in the process of getting MLD4 onto the books. What we do know is … Continue reading →

Posted in AML, Money laundering | Tagged AML, communication, conferences, due diligence, FATF, Financial Action Task Force, financial crime, government, legislation, ML Regulations, money laundering, proceeds of crime | 2 Comments

An awfully big European adventure – part 3

Posted on March 20, 2013 by Susan Grossey author

This week I have been telling you all about my visit to Brussels last week, and my excited attendance at an EU conference on AML/CFT and especially MLD4 (the Fourth Money Laundering Directive). As at any such gathering, the speakers … Continue reading →

Posted in AML, Legislation, Money laundering | Tagged AML, communication, conferences, due diligence, FATF, Financial Action Task Force, financial crime, legislation, ML Regulations, money laundering, tax evasion | 4 Comments

An awfully big European adventure – part 2

Posted on March 19, 2013 by Susan Grossey author

I talked yesterday about my excitement at attending an EU conference on AML/CFT in Brussels, and meeting one of the grandes fromages of the FATF. Two further speakers whom I did not meet in person but who both made quite … Continue reading →

Posted in AML, Bribery and corruption, Money laundering | Tagged AML, bribery, corruption, due diligence, financial crime, government, legislation, ML Regulations, money laundering, PEP, proceeds of crime, Transparency International | Leave a comment

An awfully big European adventure – part 1

Posted on March 18, 2013 by Susan Grossey author

As I mentioned in my last post (isn’t that a tune?), I spent Friday 15 March hobnobbing with the great and the good of the AML world in Brussels. Yes, darlings, I was walking the corridors of power at the … Continue reading →

Posted in AML, Legislation, Money laundering | Tagged AML, communication, due diligence, FATF, Financial Action Task Force, ML Regulations, money laundering, PEP | 14 Comments

Back to the mothership

Posted on March 14, 2013 by Susan Grossey author

I’m so excited, and I just can’t hide it – well, not for much longer. As you read this, I am making my way to Brussels – to attend a conference at the European Commission! Those of you who know … Continue reading →

Posted in AML, Money laundering | Tagged AML, communication, conferences, FATF, financial crime, government, legislation, ML Regulations, money laundering, proceeds of crime, research, training | 7 Comments

Googleicious

Posted on March 11, 2013 by Susan Grossey author

Like hoover and Kleenex, Google has managed to achieve that hallowed status of trade names that have become synonymous with a product. Moreover, it has also managed to verbify itself (I can’t have made that word up – I bet … Continue reading →

Posted in AML, Due diligence, Money laundering | Tagged AML, communication, due diligence, money laundering, research, Susan Grossey, training, writing | Leave a comment

Stately or shameful?

Posted on March 7, 2013 by Susan Grossey author

An article in the Indie at the weekend has – almost certainly unwittingly – added to our recent discussion about how far back to go with due diligence enquiries, and in particular into a client’s original source of funds. You … Continue reading →