Monthly Archives: April 2018

The world is your lobster, Terence my son

Posted on April 30, 2018 by Susan Grossey author

One of the main challenges I face in AML training – which I have been doing since Abraham was a lad, it seems – is making people care about it. I am quite immune to the groans and slumps that … Continue reading →

Facing up to laundering

Posted on April 25, 2018 by Susan Grossey author

In my last post I sang the praises of a Twitter-bot (I still don’t know what that means) which sends out an alert every time a plane associated with an autocratic regime visits Geneva airport, which strikes me as a … Continue reading →

Posted in AML, Due diligence, Money laundering | Tagged due diligence, financial crime, government, money laundering, proceeds of crime, research | 3 Comments

Plane addictive

Posted on April 20, 2018 by Susan Grossey author

I sign up for all sorts of informational updates – sanctions alerts, Google search alerts, blog posts, RSS feeds – to make sure that I am reading widely about money laundering (and AML). Some I try for a while and … Continue reading →

Posted in AML, Bribery and corruption, Money laundering | Tagged AML, corruption, due diligence, financial crime, money laundering, PEP, proceeds of crime, research | Leave a comment

The sands of time

Posted on April 16, 2018 by Susan Grossey author

I know everyone laughs about jargon – business bingo, anyone? – but I think we’re all guilty of it to some extent. I know I expect everyone to understand me when I talk about AML, MLROs and the regulated sector, … Continue reading →

Posted in AML, Legislation, Money laundering | Tagged AML, European Commission, FCA, Financial Conduct Authority, government, legislation, money laundering, regulation, research, sandbox | 8 Comments

Stick, or big, fat, juicy carrot?

Posted on April 11, 2018 by Susan Grossey author

I’ve been thinking quite a bit recently about personal accountability for AML failings, and whether or not it is a good idea. This has been prompted in part by the FCA’s extension of its Senior Managers and Certification Regime, and … Continue reading →

Posted in AML, Money laundering | Tagged AML, Danske Bank, director, due diligence, financial crime, legislation, money laundering, proceeds of crime | Leave a comment

Is evidence self-evident?

Posted on April 6, 2018 by Susan Grossey author

I’m in a lather of indecision, and I am hoping that you will be able to help. As regular readers will know, I do love a consultation, and at the moment my very own government is running one that is … Continue reading →

Posted in AML, Money laundering | Tagged AML, communication, consultation, financial crime, government, legislation, money laundering, research | 6 Comments

Well, I know I’m working for you

Posted on April 3, 2018 by Susan Grossey author

My husband runs a children’s cycle training programme in tandem (tee hee!) with the Department for Transport, and so he likes to know whenever cycling is discussed in the corridors of power. To this end, he subscribes to updates from … Continue reading →