Tag Archives: due diligence

Facing up to laundering

Posted on April 25, 2018 by

In my last post I sang the praises of a Twitter-bot (I still don’t know what that means) which sends out an alert every time a plane associated with an autocratic regime visits Geneva airport, which strikes me as a … Continue reading →

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

Plane addictive

Posted on April 20, 2018 by

I sign up for all sorts of informational updates – sanctions alerts, Google search alerts, blog posts, RSS feeds – to make sure that I am reading widely about money laundering (and AML).  Some I try for a while and … Continue reading →

Posted in AML, Bribery and corruption, Money laundering | Tagged , , , , , , , | Leave a comment

Stick, or big, fat, juicy carrot?

Posted on April 11, 2018 by

I’ve been thinking quite a bit recently about personal accountability for AML failings, and whether or not it is a good idea.  This has been prompted in part by the FCA’s extension of its Senior Managers and Certification Regime, and … Continue reading →

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Ring ring

Posted on March 28, 2018 by

Don’t you just hate cold calls?  It’s a rare day when the media does not report on some new fraud being hawked by cold callers, usually in a foreign country so you can’t block their calls without blocking all overseas … Continue reading →

Posted in AML, Fraud, Money laundering | Tagged , , , , , , , | 2 Comments

Pour encourager les autres

Posted on March 23, 2018 by

In the world of prosecution, it’s sometimes damned if you do and damned if you don’t.  Since the Bribery Act 2010 came into force on 1 July 2011, the UK authorities have had access to the corporate offence of failing … Continue reading →

Posted in AML, Bribery and corruption, Due diligence, Legislation | Tagged , , , , , , , , , | Leave a comment

Even better than Willy Wonka’s Golden Tickets

Posted on March 19, 2018 by

I’m off on hols to Sri Lanka on Wednesday.  Go on, check out the weather forecast for Galle, and then weep with envy – we’re talking 30˚ and wall-to-wall sunshine.  To secure my week in the sun, I had to … Continue reading →

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

A return to the bad old days

Posted on March 5, 2018 by

You all know how I feel about Brexit, so we shall draw a discreet veil over the months of wailing and gnashing of teeth and rending of garments that have befallen Grossey Mansions.  However, as I had feared, we are … Continue reading →

Posted in AML, Legislation, Money laundering | Tagged , , , , , , , , , , , | 2 Comments

Your money or your life

Posted on February 19, 2018 by

There’s more than one way to skin a cat, and although I have devoted my working life to AML I am always thrilled to hear of other initiatives that are launched to take the profit out of crime.  And recently … Continue reading →

Posted in AML, Bribery and corruption, Money laundering | Tagged , , , , , , , | 2 Comments

Loving laundering

Posted on February 14, 2018 by

As you tuck into that heart-shaped box of chocolates and gaze at the dozens of red roses currently scenting your surroundings, spare a thought for the victims of romance fraudsters.  I have written about these poor people – poor in … Continue reading →

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

AML 1, bitcoin 0

Posted on January 31, 2018 by

There have been acres of newsprint (and the digital equivalent) written in recent months about the long-term future of bitcoin in particular and cryptocurrencies in general.  The value of bitcoin, for instance, is going through the roof, and then back … Continue reading →

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