Tag Archives: MLRO

A mammoth task for the MLRO

A little while ago I was giving a training session and used an analogy that the people attending found useful and amusing.  And, being both vain and generous, I thought I would share it in case it helps with your … Continue reading

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Could do better

One of my most over-used phrases in my AML training is “new entrants to the AML family” – when I am explaining that we cannot expect all sectors (e.g. estate agents, art market participants) to be as au fait with … Continue reading

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The Emirate strikes back

MLROs are used to reacting to lists and warnings issued by governments and by agencies such as the FATF.  But when things change rapidly in a jurisdiction, it may be unwise to wait for an official notification, and more sensible … Continue reading

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Give me a break

I struggle to think of many good things to come out of the pandemic apart from a fabulous recipe for squishy chocolate chip cookies that I unearthed in desperation after the closure of my usual source.  However, it has afforded … Continue reading

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If money laundering were legal…

Well, I’m back, having spent a week in the Suffolk countryside, which encourages a slowing of the pace and a contemplating of the navel.  Just before I went away, a fellow AML enthusiast called Dev Odedra posed this question in … Continue reading

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A new chapter for financial crime

When you live in a country with a Prime Minister who is alleged to have said in April 2021 that he would rather see “bodies pile high in their thousands” than order a third lockdown, and who now confirms that “we … Continue reading

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Physician, heal thyself

I ride a tandem and I sit on the back (that’s the stoker – the one on the front is the pilot).  And every – but every – time we go out, someone will yell at my pilot husband, “She’s … Continue reading

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Grey clouds are gathering

I want to talk about the FATF.  First, I think it’s called the “eff-ay-tee-eff” – not “fat-fee” or (occasionally) “faft”.  And second, I’m interested in the significance of their grey list (officially, their list of jurisdictions under increased monitoring).  Not … Continue reading

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Just do it

Sportswear and I rarely coincide, but I am a fan of the slogan “Just do it”.  Years ago a much-respected older friend gave me his top tip for efficiency: if you think of a job that needs doing and it … Continue reading

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Lifelong learning

At the start of my working life, I did a self-assessment questionnaire which indicated that my strengths lay in keeping myself to myself (a team worker I ain’t) and in learning more and more about less and less – in … Continue reading

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