Tag Archives: Jersey

Piggy’s Progress

Posted on January 13, 2021 by Susan Grossey author

At the end of each year I do a stock-take of my piggy sales – by which I mean, I add up how many copies of I have sold of my two suites of AML books for non-exec directors (i.e. … Continue reading →

Posted in Uncategorized | Tagged AML, Brexit, directors, estate agent, Gibraltar, Guernsey, Isle of Man, Jersey, non-executive directors, publications, writing | 2 Comments

The word from on high

Posted on October 7, 2020 by Susan Grossey author

Right, let’s get ready for a quick test of AML TLA [three-letter acronym]: what do the RBA, BRA, RAS and NRA all have in common? Bravo for shouting out “the letter R” – standing, of course, for Risk. As in: … Continue reading →

Posted in Uncategorized | Tagged AML, business risk assessment, FATF, Jersey, money laundering, National Risk Assessment, risk appetite, risk-based approach, terrorist financing | 2 Comments

A word to the wise

Posted on July 22, 2020 by Susan Grossey author

MLROs and compliance folk are creatures of precision. I (proudly) count myself among them, and I know that when I am designing procedures or assembling training materials or writing this blog, I make sure that I check my sources very … Continue reading →

Posted in AML, Legislation, Regulation | Tagged AML, CDD, communication, due diligence, government, Jersey, legislation, MLCO, MLRO, money laundering, publications, writing | Leave a comment

Exceeding slow

Posted on June 26, 2019 by Susan Grossey author

You remember the summer of ’98. The European Central Bank was founded in Brussels, Pete Sampras won the men’s singles title at Wimbledon, “Sex and the City” premiered on the telly – and Nigerian dictator Sani Abacha died at the … Continue reading →

Posted in AML, Bribery and corruption, Money laundering | Tagged AML, asset forfeiture, bribery, corruption, financial crime, government, Jersey, money laundering, Nigeria, PEP, proceeds of crime, Sani Abacha | 1 Comment

Best foot forward

Posted on April 10, 2019 by Susan Grossey author

In recent weeks I have worked in Guernsey and Jersey and I am rather fond of both places – not least because they have rather strict AML regimes, and you know how I feel about taking AML jolly seriously. Despite … Continue reading →

Posted in AML, Bribery and corruption, Money laundering, Publications, Uncategorized | Tagged AML, CDD, corruption, Corruption Perceptions Index, due diligence, Guernsey, Isle of Man, Jersey, money laundering, PEP | 6 Comments

Officer politics

Posted on January 30, 2019 by Susan Grossey author

One of my main arenas of AML activity is Guernsey, and life there is pretty exciting at the moment with the imminent arrival of new AML legislation and guidance – both already published and coming into force on 31 March … Continue reading →

Posted in AML, Legislation, Money laundering | Tagged AML, disclosure, due diligence, financial crime, government, Guernsey, Jersey, legislation, MLCO, MLRO, Money Laundering Compliance Officer, Money Laundering Regulations, Money Laundering Reporting Officer, nominated officer | 3 Comments

Turn and face the strange

Posted on May 4, 2018 by Susan Grossey author

I am in reflective mood. Over a recent wet weekend my husband and I tidied out our loft. (I know: not for us a glamorous mini-break in San Tropez.) And amongst the usual broken suitcases, comically out-of-date clothes and half … Continue reading →

Posted in AML, Training | Tagged AML, Gibraltar, Guernsey, Jersey, legislation, money laundering, publications, research, Susan Grossey, Thinking about Crime Limited, training, writing | 10 Comments

Nipping crime in the (Jersey lily) bud

Posted on December 8, 2017 by Susan Grossey author

Following on from my post a few days ago about the LIBOR fines being used as a force for good, I have been interested to read about the allocations made over the past decade in Jersey. In response to a … Continue reading →

Posted in AML, Legislation, Money laundering | Tagged confiscation, Jersey, LIBOR, money laundering, proceeds of crime | 2 Comments

Piggy popularity

Posted on April 12, 2016 by Susan Grossey author

Yesterday I made an astonishing discovery: if you go to the Amazon UK website and just type “money laundering” (without inverted commas) in the Search box, one of my piggy books is the very first listed item! (Amazon is the ultimate … Continue reading →

Posted in AML, Publications | Tagged AML, communication, financial crime, Gibraltar, Guernsey, Isle of Man, Jersey, non-executive directors, organised crime, proceeds of crime, publications | 4 Comments

And they lived PEPily ever after

Posted on November 9, 2015 by Susan Grossey author

The Fourth Money Laundering Directive is the gift that just keeps on giving, isn’t it? It’s a meaty document, and one of the delights it has served up – following the recommendation of the FATF’s, well, Recommendations – is an … Continue reading →