Tag Archives: HSBC

Voting for AML

Posted on February 5, 2018 by Susan Grossey author

I’m not a great fan of many of our current politicians – I’m sure you know why.  But I do like Angela Merkel, and in particular Tracy Ullman’s version of Angela Merkel.  And I have recently come to admire Elizabeth … Continue reading →

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

Handing over the report card

Posted on January 26, 2016 by Susan Grossey author

A couple of weeks ago a rather intriguing story hit the press, revealing that HSBC is trying to stop publication of a report on its AML effectiveness.  When the bank was hauled over the coals by the US authorities in … Continue reading →

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

The spoils of war

Posted on August 21, 2015 by Susan Grossey author

During AML training, I am often asked what happens to the money that is confiscated from criminals.  And occasionally – usually after a local conviction – a similar question will arise around institutional penalties.  When a regulator imposes a financial … Continue reading →

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

England’s new civil war

Posted on February 16, 2015 by Susan Grossey author

For rather obvious reasons, there has been a lot of hand-wringing in the media recently over what to do with tax evaders.  (I have my own rather Cromwellian ideas, but I shall keep them to myself.)  There seem to be … Continue reading →

Posted in AML, Money laundering | Tagged , , , , , , , , , | 12 Comments

Checking your seatbelt

Posted on February 12, 2015 by Susan Grossey author

It would be remiss of me to let “the HSBC situation” go by without comment.  I may well return to it in future, as I know some of the people involved and will try to get some MLRO-relevant details from … Continue reading →

Posted in Uncategorized | Tagged , , , , , , , , , | 5 Comments

Ruhm endlich!

Posted on July 18, 2012 by Susan Grossey author

(That’s German for “Fame at last!”)  I’ve been a bit quiet this morning – someone even emailed to ask whether I was stuck under a large piece of furniture, preventing me from having my say on HSBC.  But no: I … Continue reading →

Posted in Money laundering, Organised crime | Tagged , , , , , , , | 5 Comments