Tag Archives: HM Treasury

Just fancy window-dressing?

In a training session today, someone asked me a question that I have not been asked before – I do love it when that happens.  (And before you rush off to your “Big Book of Fiendishly Difficult University Challenge Physics … Continue reading

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

Setting a good example

A while ago I read an interesting book called “Nudge” by Richard Thaler and Cass Sunstein – it’s all about improving your decision-making skills, which appealed to me (as someone who has turned dithering into an art form).  Regular readers … Continue reading

Posted in Money laundering, Organised crime | Tagged , , , , , , , , , , | Leave a comment

Measuring money laundering

One of the trickiest things about money laundering is knowing how much of it goes on.  We know it’s a LOT, but with most of those who are required to comply with the Money Laundering Regulations (or their equivalent) working … Continue reading

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Which law to break? Decisions, decisions…

Although I am not a lawyer, I enjoy the limited exposure I have to the law – it’s like trying to unpick a puzzle, making sure that you have completely understood all the requirements, down to the last sub-clause and … Continue reading

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What’s wrong with legislative bling?

In its consultation on the ML Regs (see yesterday’s blog post), HMT says at several points that it is keen for the UK not to “gold-plate” the EU legislation.  Since when did gold-plating become a bad thing – except in … Continue reading

Posted in Legislation | Tagged , , , | 1 Comment

Asking for your views – but in a whisper

I am sure there were whoops of joy in the corridors of power when whoever it was first suggested the idea of the consultation paper.  “Let’s put some of our ideas in a document, and then send it out to … Continue reading

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