Tag Archives: HM Treasury


I have my fingers in my ears and am chanting “la la la” to myself, as I refuse to listen to any more corona-chatter.  For today’s blog I am going to pretend that nothing untoward is happening and have a … Continue reading

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

Taking task forces to task

May I be honest with you?  I have worked alone for more than twenty years and I like it, I really do.  As an only child I became used to not having to compromise, and I also have a visceral … Continue reading

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

Turned out fine again

The UK Chancellor’s budget is rarely a cause for much celebration, while the obligatory leaks in the days beforehand suck every element of surprise out of his announcements, but one little gem might have passed you by on 22 November … Continue reading

Posted in AML, Supervision | Tagged , , , , , | 3 Comments

I’ll tell you what I want, what I really, really want

Regular readers will know that when it comes to consultations, I am Pavlov’s respondent: tell me you want my opinion and I’m slavering to give it.  Indeed, so regular is my participation that I have a whole email folder entitled … Continue reading

Posted in AML, Money laundering, Publications, Uncategorized | Tagged , , , , , , , , , | 3 Comments

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

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

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

Posted in Legislation, Regulation | Tagged , , , , , , | Leave a comment

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

Posted in Legislation | Tagged , , | Leave a comment