Monthly Archives: July 2013

Small, blue and nothing but trouble

Contrary to the popular parlour game, I can name many famous Belgians: Eddie Merckx, Hercule Poirot, Audrey Hepburn, Susan Grossey [well, I’m famous on this blog – and I’m not quite Belgian but I was born in Brussels] and the … Continue reading

Posted in Money laundering, Organised crime | Tagged , , , , , , | 3 Comments

The curate’s egg of annual reports

I don’t know about you, but I’m still calling our new financial watchdog “the FSCA”.  I’ve grown so used to the S that it’s taking a while to learn the C.  Moreover, we’re still in the handover phase, where the … Continue reading

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Damned if they do, fined if they don’t

Poor old Barclays.  On 10 July 2013, it was reported that the bank had decided to close about a hundred accounts held by various money service businesses which regularly send money to Somalia, because of (to quote the BBC article) … Continue reading

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Ask and ye shall receive

Those of you who know me well will be aware of my fondness for consultations.  If a regulator or government agency announces that they are taking public soundings on anything to do with financial crime, I’m there.  Usually, if you … Continue reading

Posted in Legislation, Money laundering | Tagged , , , , , , | 3 Comments

Under-promise and over-deliver

I have been (in effect) self-employed now for nearly twenty years.  Unemployable, my nearest and dearest tell me.  And those who are considering the self-employed life often ask me what skills they need and whether they are suited.  To my … Continue reading

Posted in Fraud, Publications | Tagged , , , , , , , , , | 4 Comments

Reckless, feckless and maybe jobless

Can you hear that scurrying sound emanating from Cambridge?  That’s me still trying to catch up with everything I’ve missed while on holiday, and I am painfully aware that (a) it’s old news to you, and (b) I’m tackling it … Continue reading

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Sometimes the messenger needs shooting

I’m still ploughing my way through the backlog of ML and AML stories from the past two weeks – heavens, you’d think the FATF and others would have the courtesy to hang fire while I’m on holiday, but no, on … Continue reading

Posted in AML, Money laundering | Tagged , , , , , , , , | 2 Comments

You cannot be serious!

Well hello!  I’m back, just in time to see something about tennis, which inspired my post title.  But you would be disappointed if I did not find a way to turn it around to money laundering, so here goes.  After … Continue reading

Posted in AML, Legislation, Money laundering, White collar crime | Tagged , , , , , , , , | 2 Comments