Tag Archives: government

PEP promises

My short AML survey is still live (until 31 March 2017) so please do have a go if you haven’t yet: https://www.surveymonkey.co.uk/r/VM62T6K A few days ago I mentioned that I have responded to a consultation on draft new money laundering regulations … Continue reading

Posted in AML, Legislation, Money laundering | Tagged , , , , , , , | 6 Comments

The magical disappearing regulations

My short AML survey is still live (until 31 March 2017) so please do have a go if you haven’t yet: https://www.surveymonkey.co.uk/r/VM62T6K Oooo, you know how a love a good consultation, and this week I’ve been enjoying one close to home: … Continue reading

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

Wishing you a speedy recovery

I have been working in Jersey this week, and at the start of the week it was announced that Jersey has undertaken to return to Kenya over £3 million of stolen assets, in an agreement signed by the Jersey Chief … Continue reading

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

Don’t do as I do

It will not surprise you to learn that I am no fan of Donald Trump; I think he is ill-informed, unprepared, tactless, uncontrolled and just plain nasty – and that’s on a good day.  But there’s not much I can … Continue reading

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

Dabs and mince pies

Have you heard of Aadhar?  No, nor me.  The name comes from the Hindi for “foundation”, and it’s a cloud-based ID database that holds the details of (at last count) over a billion Indians.  When you register with Aadhar, you … Continue reading

Posted in AML, Due diligence | Tagged , , , , | 10 Comments

Going off the rails

Welcome back, and may I wish you all a happy and peaceful 2017. India has certainly been in the money laundering news lately, what with its “demonetisation” of the most common banknotes on 8 November 2016 and the subsequent arguments … Continue reading

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

Cash tales from the Raj

I am often asked whether what we are doing in the world of AML – namely due diligence, record-keeping, staff training and reporting of suspicions – is actually having a positive impact.  I’ve mulled on this before, and no doubt … Continue reading

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

Don Donald?

I’m not going to hide it from you: I’m devastated by the Trump win.  Devastated and not a little scared.  I’m no fan of career politicians – I’d rather people did a proper job before turning to public service – … Continue reading

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

A consultation too far?

Regular readers will know that I am quite taken with consultations: I like people asking my opinion nearly as much as I love giving it.  I tend to respond to AML-themed ones most avidly, but in recent months I have … Continue reading

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

A welcome mat for money launderers

For some months, a Home Affairs Select Committee of the UK parliament, under the chairmanship of Keith Vaz MP, has been taking evidence about the effectiveness of the UK’s proceeds of crime regime.  It has not been a happy story, … Continue reading

Posted in AML, Legislation, Money laundering | Tagged , , , , , , , , | 1 Comment