Tag Archives: disclosure

Riches beyond imagination

If you were asked to prove where all of your assets have come from, could you do it?  For myself, I have the mortgage documents for the house, and the original receipt for my car (bought for £4,950 cash in … Continue reading

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Curiosity might save the cat

One of the management buzz-phrases that seems to be staying the course is “tone from the top”.  In the world of AML, the tone from the top has in fact originated at the bottom: first we had MLROs beating the … 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 forgotten victims

Sometimes, what with all the law and policies and procedures, it is easy to forget that every money laundering or white collar crime case is about people.  Whether they are the perpetrators or the victims, the laundering or other crime … Continue reading

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But would they report James Bond?

In recent months I have found myself working more and more frequently with the gambling sector – both e- and land-based casinos.  Therefore I have been tracking the activities and pronouncements of the Gambling Commission more closely than before.  And … Continue reading

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Sweaty palms in Latvia

Thanks to the Panama Papers, a great deal of focus recently has been on the International Consortium of Investigative Journalists.  However, working in a similar field we have the Organized Crime and Corruption Reporting Project which, according to their website, … Continue reading

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Panama: a drop in the ocean

So the Panama Papers are Out There.  Hands up who has gone into the database and searched on their own name….  Of course I did, with such an unusual name – not that I have ever done anything myself, you … Continue reading

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

An oversight oversight over there?

One of the joys of writing a blog is that it’s like having an informal team of researchers, or moles even, looking out for money laundering stories for me.  I adore anti-money laundering as you know, but I’m just one … Continue reading

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Order, order – Unexplained Wealth Order

There’s nothing new under the sun, they say, and Unexplained Wealth Orders certainly comply with that dictum.  On 21 April 2016 the UK government announced its action plan (these days a simple plan is not enough: it must be galvanised … Continue reading

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Choosing my words carefully

I think I have mentioned to you that a couple of weeks ago I had a call from a researcher at the BBC, asking whether I was a money laundering investigator.  I explained that I wasn’t and off he toddled.  … Continue reading

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