Box-tickers, and worse

I don’t often do this, as it feels a bit lazy (and I certainly don’t want to incur the wrath of Liam Fox), but a blog reader in the Isle of Man forwarded this other blog post to me (thanks, Tess), and frankly it’s so good that I think you all need to read it.  I won’t paraphrase – just read the original.  It’s by a chap called Geert Vermeulen, who runs a company called Ethics & Compliance Management & Consulting (ECMC).  All I will add is that this is surely the next step in the debate about “reliance” – placing your due diligence faith in checks done by others.

This entry was posted in AML, Bribery and corruption, Due diligence, Money laundering and tagged , , , , , , . Bookmark the permalink.

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