Tag Archives: money laundering

New Guernsey piggies in the sty

Posted on December 13, 2018 by

A very quick post specifically for my Guernsey readers.  Just for you, I have: Read the new Schedule 3 and Handbook cover to cover Updated all five of my piggy books – for NEDs, and for the accountancy, banking, fiduciary … Continue reading →

Posted in AML, Money laundering, Publications | Tagged , , , , , , | 3 Comments

The concept of anonymous publication

Posted on December 12, 2018 by

We all have a talent, and mine is words.  I love reading and writing them, my spelling is pretty crash-hot, and if I am trying to remember something, I tend to see it as a word, e.g. “I’ve forgotten his … Continue reading →

Posted in AML, Money laundering, Supervision | Tagged , , , , , , , , , , , , | 4 Comments

Keeping up with the Joneses, les Dubois and die Schmidts

Posted on December 7, 2018 by

I mentioned in my previous post that Guernsey is on the cusp, nay, the very brink of getting new AML legislation.  This represents the conclusion of their exercise to fall into line with the Fourth Money Laundering Directive (or as … Continue reading →

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The tarnish on golden visas

Posted on November 28, 2018 by

I have mentioned before the concept of “golden visas” and passports-for-sale.  In today’s politically uncertain world they are becoming ever more popular, and last month Transparency International published a report called “European Getaway: Inside the Murky World of Golden Visas”.  … Continue reading →

Posted in AML, Due diligence, Legislation, Money laundering | Tagged , , , , , , , , , , , | 3 Comments

Interesting times

Posted on November 19, 2018 by

I like AML legislation as much as the next person – perhaps more, unless that person is an MLRO.  If there’s updated AML legislation on the horizon I really look forward to it, and I’ve been on tenterhooks for about … Continue reading →

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

‘Dammed if you do

Posted on November 14, 2018 by

In a rather handy follow-on to my last blog post, which discussed my reasons for supporting the inclusion in the AML family of businesses that sell services for cash, Amsterdam’s administrative court has taken an interesting step.  A team of … Continue reading →

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Back to school for AML

Posted on November 9, 2018 by

British public schools have a lot to answer for – David Cameron, BoJo, Michael Gove, rugby – but to this list we can now add money laundering.  I don’t want to claim any glory (well, maybe just a bit) but … Continue reading →

Posted in AML, Legislation, Money laundering | Tagged , , , , , , , , , | 1 Comment

Getting the hump with money laundering

Posted on November 5, 2018 by

My father spent most of his working life abroad and when my mother and I were being awkward, he used to roll his eyes and say, “In a sensible country, I’d be able to trade you two in for a … Continue reading →

Posted in AML, Bribery and corruption, Money laundering | Tagged , , , , , , , , , , , | Leave a comment

Once more with conviction

Posted on October 31, 2018 by

Every few months I indulge myself in a little daydream of doing a PhD in criminology.  Like all good daydreams, it’s rich in lovely feelings – imagine sitting in the library all day, thinking deep thoughts about money laundering, breaking … Continue reading →

Posted in AML, Money laundering | Tagged , , , , , , , , , | 1 Comment

Debt and dishonour

Posted on October 26, 2018 by

One* of the best things about writing this blog is that lots of lovely readers send me great stories.  David in London (I’m using only his first name out of deference to his security background, but with that security training … Continue reading →

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