Tag Archives: European Union

Desperately seeking Regulations

Posted on November 25, 2020 by Susan Grossey author

* Alert! This is a long, ranty post – you may need a Jaffa Cake or two to stay the course…* I’m quite bright. Not “University Challenge” winning team bright, but I have a couple of degrees, I can sometimes … Continue reading →

Posted in Uncategorized | Tagged AML, Brexit, equivalence, European Union, Fifth Money Laundering Directive, legislation, money laundering, Money Laundering Regulations, RUSI, Sixth Money Laundering Directive, third country, white collar crime | 9 Comments

Outside, looking in

Posted on November 11, 2020 by Susan Grossey author

Regular readers will know what a fan I am of Brexit. I think it is the work of the devil, second only to “The One Show” for its ability to take something wonderful and then ruin it for everyone. As … Continue reading →

Posted in Uncategorized | Tagged AML, EU, European Commission, European Union, FIU, MLRO, money laundering, NCA, tax evasion, white collar crime | 6 Comments

Snatching defeat from the jaws of victory

Posted on December 11, 2019 by Susan Grossey author

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 AML, European Commission, European Union, financial crime, government, legislation, money laundering, proceeds of crime, research | 2 Comments

FATF 1, EU 0

Posted on July 17, 2019 by Susan Grossey author

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 AML, communication, due diligence, European Commission, European Union, FATF, Financial Action Task Force, government, legislation, MLD4, MLD5, money laundering, publications | 5 Comments

Cloud cuckoo Brexit

Posted on August 27, 2018 by Susan Grossey author

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 AML, Brexit, communication, European Union, Fifth Money Laundering Directive, financial crime, government, ML Regulations, MLRO, money laundering | Leave a comment

Better late than corrupt

Posted on February 4, 2014 by Susan Grossey author

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 →