Tag Archives: European Union

Snatching defeat from the jaws of victory

In my opinion, there are countless precious and all but irreplaceable things that the UK will lose if it leaves the EU, including access to many of the EU-wide initiatives, agencies and programmes that make the bloc such a success.  … Continue reading

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

FATF 1, EU 0

The Fourth Money Laundering Directive brought us many delights, including Article 9: “Third-country jurisdictions which have strategic deficiencies in their national AML/CFT regimes that pose significant threats to the financial system of the Union (‘high-risk third countries’) shall be identified … Continue reading

Posted in AML, Legislation, Money laundering | Tagged , , , , , , , , , , , , | 5 Comments

Cloud cuckoo Brexit

Don’t worry: I’m not going to tell you again how I feel about Brexit.  This update is purely about the AML implications for those of us left behind in the cast-adrift, backwards-looking, isolationist UK.  As you know, the European Fifth … Continue reading

Posted in AML, Legislation, Money laundering | Tagged , , , , , , , , , | Leave a comment

Better late than corrupt

Some of my more dedicated readers may remember that about a year ago I was working myself up into a fizz of anticipation, as I was invited to a conference in Brussels on 15 March 2013 at which the EU … Continue reading

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