Monthly Archives: March 2016

Jumping on the Brexit bandwagon

Posted on March 29, 2016 by Susan Grossey author

Having last week been accused of (or congratulated on – I couldn’t quite tell) being political, I thought I might as well go with the flow.  About three weeks ago I was doing some training in London, talking about the … Continue reading →

Posted in AML, Legislation | Tagged , , , , , | 2 Comments

One size fits all?

Posted on March 24, 2016 by Susan Grossey author

Recently I was having a chat with a group of “practitioner accountants” – those who run (often quite small) accountancy firms, rather than working as accountants within industry.  We were talking, as you do (well, you do if you’re me) … Continue reading →

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Passing the parcel

Posted on March 22, 2016 by Susan Grossey author

At the beginning of the year, there was a documentary on the Beeb called “Britain’s Trillion Pound Island – Inside Cayman”.  I watched avidly, of course, looking out for familiar places and faces, but the part that really caught my … Continue reading →

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Choosing my words carefully

Posted on March 17, 2016 by Susan Grossey author

I think I have mentioned to you that a couple of weeks ago I had a call from a researcher at the BBC, asking whether I was a money laundering investigator.  I explained that I wasn’t and off he toddled.  … Continue reading →

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Credit where credit is due

Posted on March 14, 2016 by Susan Grossey author

I’m about to get onto my soap-box again, so you have been warned.  Last week I mentioned the recently-published INCSR 2016, with its summaries of jurisdictions of primary money laundering concern.  In a comment on that, a Guernsey reader has … Continue reading →

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Levels of concern

Posted on March 11, 2016 by Susan Grossey author

I like reliable.  I know reliable isn’t exciting, but I’ve always preferred it to unpredictable or ad hoc.  And my byword for reliability is the “International Narcotics Control Strategy Report” which is published by the US Department of State every … Continue reading →

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The absent MLRO

Posted on March 8, 2016 by Susan Grossey author

My clients are self-selecting, by which I mean that I am lucky enough to work only in those organisations that care about AML.  To be blunt, if a firm is sailing close to the AML wind, it’s not going to … Continue reading →

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Plus ça change

Posted on March 3, 2016 by Susan Grossey author

Like many of you, I am sure, I can spot the phrase “money laundering” at a hundred paces – if it comes on the radio my little ears prick up, and even buried in the middle of a paragraph of … Continue reading →

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