Tag Archives: tax evasion

Data doom and delight

Posted on June 24, 2020 by

With writing a post once a week only (I’ve fallen into writing longer posts less frequently – hope that’s OK), there’s sometimes a bit of a delay until I get round to dealing with something that’s been in the news.  … Continue reading →

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

Leak technique

Posted on May 27, 2020 by

I’ve been doing some remote training recently for a new MLRO, which has been great fun: we’ve covered all the essential and then plenty of those fun, tangential topics that concern MLROs – including beneficial ownership and (our topic for … Continue reading →

Posted in AML, Due diligence, Money laundering | Tagged , , , , , , , , , , , , , , , , | Leave a comment

No, no, no to UWO, UWO, UWO

Posted on April 29, 2020 by

Most of us in the world of AML have welcomed the advent of the Unexplained Wealth Order – the court order introduced by the Criminal Finances Act 2017, which can be served to compel either a PEP or someone involved … Continue reading →

Posted in AML, Bribery and corruption, Money laundering | Tagged , , , , , , , , , , , , , , , , , | 2 Comments

I beg your pardon

Posted on February 26, 2020 by

Baron Black of Crossharbour is not my favourite person, as you may imagine, and it was a dark day in May 2019 when Donald Trump granted him a full pardon, citing Black’s “broad support from many high-profile individuals who have … Continue reading →

Posted in Bribery and corruption, White collar crime | Tagged , , , , , , , , , , , | 5 Comments

Free for all

Posted on February 19, 2020 by

Just as Voldemort’s name cannot be used for fear of conjuring him up, so too we have declared a taboo in our house on the B word (the one to do with the EU) and on the name of the … Continue reading →

Posted in AML, Bribery and corruption, Money laundering, Organised crime, Supervision, Tax | Tagged , , , , , , , , , , , , | 4 Comments

The sniff test

Posted on February 5, 2020 by

The relationship between jewellers and the AML regime is a complicated one.  For several years most jurisdictions have recognised the concept of the “high value dealer” – under UK legislation, that’s “a firm or sole trader who by way of … Continue reading →

Posted in AML, Money laundering | Tagged , , , , , , , , , | 9 Comments

Vote early, vote often

Posted on December 4, 2019 by

Thank goodness it’s nearly over: I don’t think I can take much more politicking this year.  Regular readers will know that I loathe, detest and despair at the idea of our leaving the EU and I have voted (postally) accordingly.  … Continue reading →

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

Pass the popcorn

Posted on October 30, 2019 by

My telly viewing habits are rather old-fashioned: I like nothing better than watching a repeat of a beloved programme (original “Upstairs, Downstairs” and “Poldark”, I’m talking about you) and I steer clear of anything gory, violent, scary or – saints … Continue reading →

Posted in Due diligence, Money laundering, Organised crime, Tax | Tagged , , , , , , , , , , , | Leave a comment

Family values

Posted on September 11, 2019 by

As I hope is clear from this blog, I work with clients from all over the regulated sector – although I will admit that I have very few law firms (because lawyers like to be trained by other lawyers) and … Continue reading →

Posted in AML, Money laundering | Tagged , , , , , , , , | 8 Comments

The law(yer) is an ass

Posted on August 7, 2019 by

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 →

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