Tag Archives: HMRC

The taxman triumphs

I’ve done a bit of HMRC-bashing in recent months (here and here) so it’s only fair that I now mention a laudable news story that they issued at the end of 2018: their list of top ten prosecutions of 2018, … Continue reading

Posted in Money laundering, Tax, Uncategorized | Tagged , , , , , | 4 Comments

The concept of anonymous publication

We all have a talent, and mine is words.  I love reading and writing them, my spelling is pretty crash-hot, and if I am trying to remember something, I tend to see it as a word, e.g. “I’ve forgotten his … Continue reading

Posted in AML, Money laundering, Supervision | Tagged , , , , , , , , , , , , | 4 Comments

Hiding their light

A little while ago I had a moan (I know – hard to believe) about HMRC failing to publish information about its AML activities.  But it turns out that the fault is partly mine: I am just not looking hard … Continue reading

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

Cleaning house for estate agents

Just to raise the tone of this blog a little, I’d like to start today with a quotation from Voltaire’s 1759 satirical novel “Candide”: “Dans ce pays-ci, il est bon de tuer de temps en temps un amiral pour encourager les … Continue reading

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

Me first, no, me first

And so the battle to appear whiter than white begins – and not before time.  As British politicians fall over themselves to publish their tax returns, the UK government has announced the launch of a new taskforce to investigate the … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , | 2 Comments

Without AML, you’re nothing

A kind reader in Ireland has pointed out to me this recent case (I’m sure you’re all on top of it, but what with the dizzy promise of Easter eggs this weekend, it quite escaped my notice).  At the heart … Continue reading

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

HMRC fines HGV HVD for AML failings

In its first AML prosecution of a high value dealer, the UK’s HMRC has fined Bedfordshire company director Grenville Eames £16,000 for failing to abide by the Money Laundering Regulations 2007.  Eames’ company, JGE Commercials Limited, was also fined £16,000 and … Continue reading

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