Monthly Archives: December 2017

The money laundering Sisters of Mercy

Posted on December 22, 2017 by Susan Grossey author

For my last blog post before Christmas (this blog will now go silent until 3 January 2018), I’d like to share with you a heart-warming tale of financial crime and fatal disease.  Honestly, it’s more cheerful than it sounds, as … Continue reading →

Posted in Money laundering | Tagged , , , | 1 Comment

Training across the Board

Posted on December 18, 2017 by Susan Grossey author

At the end of each year I do a review of what I have done during that year.  Each time I issue an invoice I categorise it by jurisdiction, by sector and by activity type, and this enables me to … Continue reading →

Posted in AML, Regulation, Training | Tagged , , , , , , , , | 4 Comments

Do unto others

Posted on December 13, 2017 by Susan Grossey author

The Guernsey Financial Services Commission has been rather busy recently, what with working away on revised AML/CFT legislation and guidance, and now putting out a pair of publications to explain why and how they regulate the Bailiwick’s financial services sector.  In … Continue reading →

Posted in AML, Due diligence, Legislation, Money laundering | Tagged , , , , , , , , , | 2 Comments

Nipping crime in the (Jersey lily) bud

Posted on December 8, 2017 by Susan Grossey author

Following on from my post a few days ago about the LIBOR fines being used as a force for good, I have been interested to read about the allocations made over the past decade in Jersey.  In response to a … Continue reading →

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

House of horrors?

Posted on December 4, 2017 by Susan Grossey author

With the acres of newsprint devoted in recent months to the topic of registration of beneficial ownership, it is interesting to consider the role of the registrars.  Companies – and other structures – are required to submit returns, and to … Continue reading →

Posted in AML, Due diligence, Legislation | Tagged , , , | 1 Comment