Tag Archives: Jersey

Exceeding slow

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 , , , , , , , , , , , | 1 Comment

Best foot forward

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 , , , , , , , , , | 6 Comments

Officer politics

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

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Turn and face the strange

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  And amongst the usual broken suitcases, comically out-of-date clothes and half … Continue reading

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Nipping crime in the (Jersey lily) bud

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 , , , , | 2 Comments

Piggy popularity

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 , , , , , , , , , , | 4 Comments

And they lived PEPily ever after

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

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Dumb diligence

Personal responsibility is very much the name of the game at the moment, with the UK’s new Senior Managers Regime and PSR register both on their way.  The aim is to make individuals take responsibility for their decisions and actions, … Continue reading

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Begone, bad MLRO

In what the headline writers are calling a “landmark case”, an MLRO and the firm she worked for in Jersey have been acquitted of failing to make suspicious activity reports when they should have done.  (“Landmark” because it was the … Continue reading

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Territorial sensibilities

I work regularly in five jurisdictions: the UK, Guernsey, Jersey, the Isle of Man and Gibraltar.  Now let’s get technical.  The Bailiwick of Guernsey (actually five islands) and the Bailiwick of Jersey are jointly the Channel Islands.  The Channel Islands … Continue reading

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