Tag Archives: lawyer

The law(yer) is an ass

Posted on August 7, 2019 by Susan Grossey author

AML efforts tend to move in one direction: more, greater, stronger, bigger – whatever the right adjective may be.  Occasionally we see an unwinding (as when many jurisdictions removed general insurance business from the AML family) but for the most … Continue reading →

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Launderer seeks splendour without diminishment

Posted on May 15, 2019 by Susan Grossey author

It cannot have escaped your notice that Canada is in a lather about its real estate sector being used for money laundering.  Stories are appearing seemingly every day about some new scheme or other that has been uncovered, thanks in … Continue reading →

Posted in AML, Money laundering, Organised crime, Uncategorized | Tagged , , , , , , , , , , , | 1 Comment

Is that wig made of wool or wolf?

Posted on September 24, 2018 by Susan Grossey author

A phrase I use quite often in training is, “You’d think so, wouldn’t you?”.  As in, “If the payment is coming to us from another regulated bank, won’t they have done all the checks?”  Or, “Given that CDD checks have … Continue reading →

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Minnows and whales

Posted on July 6, 2018 by Susan Grossey author

At the end of June 2018, the Attorney General of British Columbia held a press conference to launch a report into his province’s gambling industry and its possible facilitation of money laundering.  Any uncertainty on the matter was removed pretty … Continue reading →

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The law of the wild

Posted on July 26, 2017 by Susan Grossey author

In a quest to find a country that is still outward-looking and welcoming, I am going to have a look at Canada this summer.  Although I will still be keeping a weather eye on all things AML, please note that … Continue reading →

Posted in AML, Due diligence, Money laundering | Tagged , , , , , , , , , , | 4 Comments