Tag Archives: due diligence

Just do the math

I am currently reading “How Not to Be Wrong” by American mathematician Jordan Ellenberg.  Not that I am wrong very often, of course, but it pays to protect one’s elevated position.  In truth, I scraped by in my maths A-level, … Continue reading

Posted in Due diligence, Fraud, Money laundering, Organised crime | Tagged , , , , , , , , | 2 Comments

The concept of anonymous publication

We all have a talent, and mine is words.  I love reading and writing them, my spelling is pretty crash-hot, and if I am trying to remember something, I tend to see it as a word, e.g. “I’ve forgotten his … Continue reading

Posted in AML, Money laundering, Supervision | Tagged , , , , , , , , , , , , | 3 Comments

Chaos theory?

Regular readers will know that I do a lot of work in Guernsey, and that in general I am a supporter of that jurisdiction’s approach to AML.  However, one issue on which we – Guernsey and I – have long … Continue reading

Posted in AML, Legislation, Money laundering | Tagged , , , , , , , | 6 Comments

The tarnish on golden visas

I have mentioned before the concept of “golden visas” and passports-for-sale.  In today’s politically uncertain world they are becoming ever more popular, and last month Transparency International published a report called “European Getaway: Inside the Murky World of Golden Visas”.  … Continue reading

Posted in AML, Due diligence, Legislation, 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

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‘Dammed if you do

In a rather handy follow-on to my last blog post, which discussed my reasons for supporting the inclusion in the AML family of businesses that sell services for cash, Amsterdam’s administrative court has taken an interesting step.  A team of … Continue reading

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Back to school for AML

British public schools have a lot to answer for – David Cameron, BoJo, Michael Gove, rugby – but to this list we can now add money laundering.  I don’t want to claim any glory (well, maybe just a bit) but … Continue reading

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Once more with conviction

Every few months I indulge myself in a little daydream of doing a PhD in criminology.  Like all good daydreams, it’s rich in lovely feelings – imagine sitting in the library all day, thinking deep thoughts about money laundering, breaking … Continue reading

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A stain on the ivory towers

Money laundering through the property sector in the UK is not a new story – goodness, if you live in London and you don’t have at least three dodgy foreign PEPs in your local Neighbourhood Watch scheme, you’ll be feeling … Continue reading

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The dawning of reality

When I read this story, I had to check the date and make sure that it wasn’t April Fools’ Day, but no, it seems that it’s on the level.  A large Irish law firm called Matheson has launched a phone … Continue reading

Posted in AML, Money laundering, White collar crime | Tagged , , , , , , , , , , | 2 Comments