Welcome
Howdy, and welcome to my blog. If you'd like to get instant updates whenever I've been inspired or irritated enough to write something, please do subscribe.The day job
When I'm not writing this blog, I'm doing AML training, writing, research and advice. Obsessed? Hell, yeah! To find out more, have a look at my website.-
“The Solo Squid: How to Run a Happy One-Person Business”
“Heir Apparent” – the sixth Sam Plank novel
FREE Official Guide to the Sam Plank Mysteries – sample chapters and glossary
New e-boxset of first three Sam Plank e-books! Click image to buy…
“Faith, Hope and Trickery” – the fifth Sam Plank novel
New piggy in the sty! This one is for UK estate agents
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Recent posts
Collection of columns: “Susan in the City: The Cambridge News Years”
“Portraits of Pretence” – the fourth Sam Plank novel
Sam speaks! New audiobook of “Fatal Forgery”
“Worm in the Blossom” – the third Sam Plank novel
AML for NEDs in five editions: Guernsey, Isle of Man, International, Jersey and UK
AML books for UK staff
AML books for Guernsey staff
AML books for Jersey staff
AML books for Gibraltar staff
“The Man in the Canary Waistcoat” – the second Sam Plank novel
“Fatal Forgery” – the first Sam Plank novel
Edward’s adventures now out in 6-part e-format
Another good read
Posting dates
January 2023 M T W T F S S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Categories
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Blogroll
Tag Archives: due diligence
Top tips for MLROs
And so here we are: my final weekly blog post. I could think of no more fitting topic than my top five tips for MLROs, garnered over twenty-five years of working with you. Get people to care. It’s all very … Continue reading
Another disappointing report card
You know only too well my views (here and here, for instance) on the ridiculously over-crowded AML supervisory “space” in the UK: we have three statutory supervisors (the Financial Conduct Authority, HMRC and the Gambling Commission) and then 22 “professional … Continue reading
Underfunded, under-supervised and over here
I know, I know: who thought I would spend my last few months as an AML-er shaking my fist impotently at the madness that is freeports? But here we are. I’ve written before (here and here) about why they’re such … Continue reading
Less than super-vision
I assume most of you know how I feel about the theory of OPBAS – i.e. that the solution to the fragmented and conflicting AML/CFT supervision arrangements in the UK is not to rationalise the number of supervisors but rather … Continue reading
Frown and gown
I loved being a university student. I liked pedalling around on my bike, modelling my road positioning, arm signals and indeed wardrobe on those of Miss Jean Brodie (in her prime, gels, as the first two minutes of the movie … Continue reading
You’d need Speedy Gonzales for all this
The pandemic has put many things on hold – holidays, weddings, house moves – but not the requirement to provide staff with AML/CFT training. As we head towards September, and people’s minds turn towards a new school term, I am … Continue reading
Give me a break
I struggle to think of many good things to come out of the pandemic apart from a fabulous recipe for squishy chocolate chip cookies that I unearthed in desperation after the closure of my usual source. However, it has afforded … Continue reading
Posted in Uncategorized
Tagged AML, compliance, due diligence, financial crime, MLRO, money laundering
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If money laundering were legal…
Well, I’m back, having spent a week in the Suffolk countryside, which encourages a slowing of the pace and a contemplating of the navel. Just before I went away, a fellow AML enthusiast called Dev Odedra posed this question in … Continue reading
Posted in Uncategorized
Tagged AML, due diligence, financial crime, legislation, MLRO, money laundering, proceeds of crime, tax avoidance, tax efficiency, tax evasion
7 Comments
I beg your pardon
In the last few days of the presidency of Donald Trump, when he was granting pardons to his chums and executing three black men and a woman while his mob was looting the Capitol, I read a tweet that has … Continue reading
Posted in Uncategorized
Tagged AML, CDD, drug trafficking, due diligence, fit and proper, money laundering, white collar crime
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Name and shame
We’re all used to lists and databases. There are sanctions screening systems and PEP screening systems. Within their organisations, MLROs have access to client databases. And, to a greater or lesser extent, jurisdictions are getting on board with beneficial ownership … Continue reading
Posted in Uncategorized
Tagged beneficial ownership, CDD, due diligence, Magnitsky Act, MLRO, PEP, Politically Exposed Person, register, sanctions, screening
4 Comments