Author Archives: ihatemoneylaundering

Top tips for MLROs

And so here we are: my final weekly blog post.  I could think of no more fitting topic than my top five tips for MLROs, garnered over twenty-five years of working with you. Get people to care.  It’s all very … Continue reading

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Regrets, I’ve had a few – well, OK, one

As I bring down the curtain on my AML life, I am reflecting in this penultimate post on what I have achieved, the direction my career has taken, and any opportunities missed.  To be honest – and this might come … Continue reading

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A welcome divorce

A significant change was made to my AML-ish life on 26 October 2005: on that date appeared the Third Money Laundering Directive, with the addition of “and terrorist financing” to its title, whereas First and Second had been pure money … Continue reading

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I really do hate money laundering

As I reach the final weeks of my career in AML, several people have asked me what I will miss the most.  My husband – used, I suppose, to hearing the unvarnished version of events – has also asked me … Continue reading

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Another disappointing report card

You know only too well my views (here and here, for instance) on the ridiculously over-crowded AML supervisory “space” in the UK: we have three statutory supervisors (the Financial Conduct Authority, HMRC and the Gambling Commission) and then 22 “professional … Continue reading

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Selling off the family silver (and ceramic)

As some of you may be aware, I am retiring from the world of AML at the end of this year.  In preparation for that I have been having a grand sort-out and have uncovered a couple of things that … Continue reading

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Please release me

The principle of mitigation is an important one in the justice system.  Once someone has pleaded guilty to an offence – or been found guilty of it after a trial – the attention of the court turns to sentencing, and … Continue reading

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Dull as dishwater

One of the most common requests I have from people commissioning my training is for case studies – stories about money launderers.  And I am more than happy to oblige, as researching these creatures is one of the guilty pleasures … Continue reading

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Underfunded, under-supervised and over here

I know, I know: who thought I would spend my last few months as an AML-er shaking my fist impotently at the madness that is freeports?  But here we are.  I’ve written before (here and here) about why they’re such … Continue reading

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