Category Archives: Money laundering

Stubborn as a…

For those who roll their eyes when I explain my job, and say that it’s all a load of government-sanctioned nonsense to appease the do-gooders (yes, I’ve heard all of that), Santander has done some handy research.  Big Red (other … Continue reading

Posted in AML, Money laundering, Organised crime | Tagged , , , , , , , , , , | 2 Comments

Tax is a feminist issue

I have written before about the interesting differences between the genders when it comes to financial crime.  And now there is a new study, published in the December 2017 issue of the Journal of Behavioural and Experimental Economics (surely you … Continue reading

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

A rap on the online knuckles

AML regulation of the gambling sector in the UK is complicated; even I (writing as an AML obsessive) am sometimes confused about who is in and who is out.  However, one sector that is most definitely in is online gambling, … Continue reading

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

Christmas concord and concensus

Experienced MLROs and other professional AML-ers will be familiar with the pattern of EU AML Directives: in essence, you get a new one every decade.  But thanks to the attacks in Paris in November 2015, and the subsequent realisation that … Continue reading

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The money laundering Sisters of Mercy

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

Do unto others

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

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Nipping crime in the (Jersey lily) bud

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

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Salvator emptor

The recent record-breaking sale of “Salvator Mundi” highlighted two things – one a surprise, and the other not.  The surprise was that this is the most expensive painting by Leonardo DiCaprio that has ever been sold.  I kid you not: … Continue reading

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Big worries about small accounts

The news has been full in recent days of the financial activities of the “super-rich” and fiscally sophisticated.  (That’s my phrase, that last bit, but I can imagine it catching on.  Who knows: we might even start talking about the … Continue reading

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The Beemer and the Batboat

I have written before about the fate of items confiscated from money launderers. Often, of course, the assets have gone: the money has been spent on consumables such as fine wines and fancy holidays.  But criminals do like to surround … Continue reading

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