Monthly Archives: November 2016

It pays to check

Posted on November 30, 2016 by Susan Grossey author

Last week I watched a programme called “What Britain Earns with Mary Portas”.  Although the title suggests that this was a limited look at the earnings of people who are in business with Mary Portas, it was in fact a … Continue reading →

Posted in AML, Due diligence | Tagged , , , , , , | Leave a comment

Paying the piper

Posted on November 25, 2016 by Susan Grossey author

On 16 November 2016, the UK government’s Home Affairs Select Committee concluded its examination of the UK’s proceeds of crime regime by publishing the government response to the fifth report of the committee in the form of an appendix to … Continue reading →

Posted in AML, Money laundering | Tagged , , , , , , | Leave a comment

Knowing when to know

Posted on November 21, 2016 by Susan Grossey author

After a recent training visit to Gibraltar, I was sitting in the departure lounge at the airport.  A woman sat down next to me and – seeing me not reading and assuming that I wanted to chat (actually, I was … Continue reading →

Posted in AML, Due diligence | Tagged , , , | Leave a comment

Anna Karenina and the assault rifle

Posted on November 16, 2016 by Susan Grossey author

PEPs = high risk = EDD.  But why?  The short answer is corruption: anyone with access to public influence and/or public money will be a target for criminals who want to gain that access for themselves.  Of course, the majority … Continue reading →

Posted in AML, Bribery and corruption | Tagged , , , , , , , | 4 Comments

Don Donald?

Posted on November 11, 2016 by Susan Grossey author

I’m not going to hide it from you: I’m devastated by the Trump win.  Devastated and not a little scared.  I’m no fan of career politicians – I’d rather people did a proper job before turning to public service – … Continue reading →

Posted in AML, Bribery and corruption, Money laundering | Tagged , , , , , , , , , , | Leave a comment

Diamond geezers

Posted on November 7, 2016 by Susan Grossey author

I have been working in AML now for, well, let’s just say more than two decades.  People often ask whether I find it boring, and I can perfectly honestly say that I don’t.  And for that, I have to thank … Continue reading →

Posted in Money laundering, Organised crime | Tagged , , , , , , | Leave a comment

Cat food, trains and money laundering

Posted on November 2, 2016 by Susan Grossey author

It’s amazing what public opinion can do – let’s just say George Galloway and cats, and leave it at that.  Today I was browsing a motley assortment of websites, buying cat food and train tickets, and something caught my eye: … Continue reading →

Posted in AML, Money laundering | Tagged , , , , , , , | Leave a comment