Tag Archives: enhanced due diligence

Ho-ho-ho and CDD

I am assuming that one or two of you might be at work today, so let us turn our AML minds to an important seasonal matter: conducting CDD on Father Christmas.  For this particular individual even the most basic identity … Continue reading

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Muzzle those compliance watchdogs

I went on a Grand Day Out to London last week, and on my way home avoided catching up with emails by reading the (now free) Evening Standard.  My eye was caught, of course, by a story about compliance, because … Continue reading

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Cramped corporate quarters

Like many of you, I am sure, my interest was piqued last week by the story that broke on the Beeb (or at least that’s where I first heard it) about shell companies in Scotland allegedly being used to launder … Continue reading

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Exalted due diligence

Looking at my trusty OED (and yes, I still use a paper one), “to enhance” is “to increase the quality, value or extent of”.  Possible synonyms (I assume the FATF looked at these at some point) include to amplify, to … Continue reading

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