Tag Archives: CDD

Best foot forward

In recent weeks I have worked in Guernsey and Jersey and I am rather fond of both places – not least because they have rather strict AML regimes, and you know how I feel about taking AML jolly seriously.  Despite … Continue reading

Posted in AML, Bribery and corruption, Money laundering, Publications, Uncategorized | Tagged , , , , , , , , , | 6 Comments

Cut on the bias

We’re all biased – there’s no getting away from it.  My own particular unfair bias is against taxi drivers; as a cyclist I have been sworn at, side-swiped and (once) squeezed with my bike against the back of a lorry … Continue reading

Posted in AML, Due diligence, Money laundering | Tagged , , , , , , , , | 2 Comments

Something in the way she moves

A while ago I wrote about facial recognition software being used for client identification at ATMs and to apprehend scallywags out in public.  But of course technology does not stand still, and one of the shortcomings of facial recognition software … Continue reading

Posted in AML, Due diligence | Tagged , , , , , , , | 2 Comments

It pays to check

Last week I watched a programme called “What Britain Earns with Mary Portas”.  Although the title suggests that this was a limited look at the earnings of people who are in business with Mary Portas, it was in fact a … Continue reading

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Boom-diddy-boom

Just a quickie today, as I wasn’t planning to post anything, but a story on the radio this morning made me prick up my little AML ears.  Apparently the Halifax bank here in the UK is trying out some new … Continue reading

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

Due diligence diligence

As some readers may know, I am a magistrate in my home city of Cambridge.  (For non-UK readers, you can read about the magistracy here.)  Last week I did a day of training to make me a more effective magistrate, … Continue reading

Posted in AML, Due diligence | Tagged , , , , , , | 2 Comments

AML is AOK

Anti-money laundering, like every other field, has its own jargon.  And more specifically, it has its own acronyms.  AML is the biggie, of course.  Then we used to have KYC [know your customer], which has morphed into CDD [customer due … Continue reading

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