Tag Archives: FIU

Jumping on the Brexit bandwagon

Having last week been accused of (or congratulated on – I couldn’t quite tell) being political, I thought I might as well go with the flow.  About three weeks ago I was doing some training in London, talking about the … Continue reading

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Choosing my words carefully

I think I have mentioned to you that a couple of weeks ago I had a call from a researcher at the BBC, asking whether I was a money laundering investigator.  I explained that I wasn’t and off he toddled.  … Continue reading

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SARs in tiaras

I love FIUs, you know I do.  But they do vary enormously in how they interpret (or, perhaps more realistically, can persuade the holders of their government purse strings to interpret) FATF Recommendation 29 that (my emphasis) “Countries should establish … Continue reading

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Once upon a time

Suffering with a cold this week, I rugged up on the sofa with a hot Ribena and the cat and listened to a recording I had made of a Radio 4 production of “The African Queen”, starring Toby Jones and … Continue reading

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Quis custodiet ipsos custodes?

Who will guard the guards, asked the Roman poet Juvenal back in the first century, and it is a question that has troubled us ever since.  Last week, Shambhu Prasad Chalise, a section officer at the Department of Money Laundering Investigation (Nepal’s … Continue reading

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Robin red-handed

In a training session earlier this week, we had some lively discussions around the reporting of attempted crime – attempted fraud, attempted money laundering, attempted tax evasion.  Is a SAR suitable or not, we debated, given that SARs (and their … Continue reading

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This may be the word of the Lord

The Autorità di Informazione Finanziaria (AIF – the Vatican City’s FIU) has today published its first annual report, covering 2012.  You can see it here – and if you’re not feeling particularly Mediterranean, simply scroll down halfway and it turns … Continue reading

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A Hail Mary pass

(The opportunities for puns in this post are almost endless, so I will try to contain myself.)  On 4 July 2012, MONEYVAL published its first evaluation of the AML/CFT regime of the Holy See.  (I’ve always called it the Vatican, … Continue reading

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Order, order!

Frustration, irritation, restriction and humiliation.  No, this is not my recipe for marital success, but the welcome result of the application of one or more of an array of Orders that the UK’s Serious Organised Crime Agency now has at … Continue reading

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Thai update

In an update to yesterday’s post, it turns out that seventy people were involved in the fraud.  In short, someone rang this elderly lady, told her that he was the head of the Thai FIU, and said that she was … Continue reading

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