Author Archives: ihatemoneylaundering

E for effort

Posted on June 18, 2018

Here I am, back from my holiday, refreshed and raring to go.  I will admit that I was feeling rather jaded before my break, and wondering whether AML – or more specifically, AML and I – had run its course.  … Continue reading →

Posted in AML, General thoughts, Training | Tagged , , , , , , | 3 Comments

Source for the goose

Posted on June 1, 2018

I am about to shut down for a fortnight’s holiday – my next blog post will be on Monday 18 June – but I thought I would like to leave you with a clever idea to mull.  No, it’s not … Continue reading →

Posted in AML, Due diligence, Money laundering | Tagged , , , , , , , , , , | 4 Comments

The back of beyond

Posted on May 29, 2018

When delivering AML training I like to include what clients often call “case studies”, but which are really just stories about how money laundering can happen.  The temptation is to focus on the big stories – the corrupt PEPs and … Continue reading →

Posted in AML, Money laundering, Organised crime | Tagged , , , , , , | 3 Comments

Hiding their light

Posted on May 23, 2018

A little while ago I had a moan (I know – hard to believe) about HMRC failing to publish information about its AML activities.  But it turns out that the fault is partly mine: I am just not looking hard … Continue reading →

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KISS

Posted on May 18, 2018

Those of us who do AML for a living can sometimes focus on the big stories – the laundering of billions by corrupt PEPs, the emptying of state coffers by oligarchs, the earning of untold wealth by drug barons.  But … Continue reading →

Posted in Due diligence, Money laundering | Tagged , , , , , , , | Leave a comment

Unsung heroes

Posted on May 14, 2018

My busiest jurisdiction – despite my post a few days ago – is Guernsey.  Working for Guernsey clients takes up about 60% of my time, and thanks to the approachability of their FIU (and in the past – but sadly … Continue reading →

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

Confession is good for the soul

Posted on May 9, 2018

Today’s question: in what way is an AML trainer like a Catholic priest?  Let me set the scene (which I shall keep deliberately vague, for reasons that shall become obvious).  Some time ago I was invited in to see a … Continue reading →

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Turn and face the strange

Posted on May 4, 2018

I am in reflective mood.  Over a recent wet weekend my husband and I tidied out our loft.  (I know: not for us a glamorous mini-break in San Tropez.)  And amongst the usual broken suitcases, comically out-of-date clothes and half … Continue reading →

Posted in AML, Training | Tagged , , , , , , , , , , , | 8 Comments

The world is your lobster, Terence my son

Posted on April 30, 2018

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 →

Posted in AML, Money laundering | Tagged , , , , | 4 Comments

Facing up to laundering

Posted on April 25, 2018

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 , , , , , | 2 Comments