Tag Archives: money laundering

You can lead a horse to water

Posted on August 16, 2017 by

As you know, at the end of June we were gifted with new AML legislation here in the UK.  One of its main features was an absolute clarification about the AML status of estate agents: “In these Regulations, ‘estate agent’ … Continue reading →

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Some are more equal than others

Posted on August 9, 2017 by

The connection between PEPs [politically exposed persons] and money laundering is recognised: with access to public influence and public money, these individuals in positions of high public service can fall prey to their baser desires and start feathering their private … Continue reading →

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Ladies first

Posted on August 2, 2017 by

In an era when we have the first female Doctor Who, female heads of the Met, the London Fire Brigade and the London Ambulance Service, and a female sort-of-Prime Minister, it is perhaps only right that women should be in … Continue reading →

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The law of the wild

Posted on July 26, 2017 by

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 →

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Feeling the benefit

Posted on July 19, 2017 by

One of my very favourite things in my professional life is the concept of criminal benefit.  I like what this says about our attitude to crime and those who commit it.  Put very simply – and I am sure a … Continue reading →

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Near-o tolerance

Posted on July 14, 2017 by

A recent article in the Economist made a very valid point about recent AML endeavours – that sometimes they can have unfortunate consequences.  I have blogged quite a bit about “de-risking”, or what the FATF calls “the wholesale cutting loose … Continue reading →

Posted in AML, Money laundering | Tagged , , , , , , , , | 5 Comments

Standing my AML ground

Posted on July 10, 2017 by

Money laundering and I – or rather, AML and I – have been on intimate terms for more than two decades now.  The muscle memory in my fingers is such that I cannot type the word “money” without following it … Continue reading →

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Yippee – more acronyms!

Posted on June 30, 2017 by

Last week I discovered that something that exercised me a great deal – the “once a PEP, always a PEP” stance of Guernsey, Jersey and the Isle of Man – did not seem to concern the MLROs in those jurisdictions … Continue reading →

Posted in AML, Legislation, Money laundering | Tagged , , , , , | 15 Comments

Thoroughly Modern Piggies

Posted on June 26, 2017 by

So tell me: what did you do this weekend?  Sit in the garden?  Sail to France?  Slap a few prawns on the barbie?  I did none of these: instead, I sat at my desk, surrounded by the new Money Laundering, … Continue reading →

Posted in AML, Legislation, Money laundering, Publications | Tagged , , , , , , , | 10 Comments

A reliability rating for Regs

Posted on June 21, 2017 by

I regularly visit Switzerland which, being such a lumpy little country, has a lot of weather – and many ways in which the weather can kill you (avalanches, mountain mists, tsunamis, etc.).  (I know you won’t believe me about the … Continue reading →

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