Tag Archives: cash

Cash and coffee

Last week I wrote about the growing (or at least, continuing) popularity of cash in Switzerland, so this week I am looking at the other end of the spectrum.  I recently spent a long weekend in Copenhagen and while I … Continue reading

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Conspiring against criminal cash

I have written a few times before about the interesting stage that all countries go through as their criminals (alongside ordinary people, but I’m less interested in them) transition from cash to non-cash working patterns.  As a jurisdiction’s AML regime … Continue reading

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Cash tales from the Raj

I am often asked whether what we are doing in the world of AML – namely due diligence, record-keeping, staff training and reporting of suspicions – is actually having a positive impact.  I’ve mulled on this before, and no doubt … Continue reading

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The realms of cash

Money laundering has changed almost beyond recognition since the days of “Scarface”, when Al Pacino’s drug kingpin Tony Montana washed his millions of dollars of drug proceeds by delivering mailbags of cash to his banker friend Jerry.  Indeed, those of … Continue reading

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Will that be cash, sir?

About three weeks ago Singapore announced that it is going to stop issuing its $10,000 notes because of “the risks associated with large value cash transactions and high-value notes”, according to the Monetary Authority of Singapore.  However, the notes already … Continue reading

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