Tag Archives: tax evasion

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 →

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

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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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 →

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

Adiós a la Cara de Piña

Posted on May 30, 2017 by

Panama has been in the news recently for its Papers, but long before then we had Noriega (or “Old Pineapple Face”, as his braver countrymen called him – behind his back, of course).  Indeed, when I started out as a … Continue reading →

Posted in Bribery and corruption, Money laundering, Organised crime | Tagged , , , , , , , , , | 5 Comments

More haste, less progress

Posted on May 15, 2017 by

I’m one of those annoying people who take deadlines really, really seriously.  Last year I accidentally prepared two tax returns because I did the first one so far in advance of the deadline that I clean forgot that I had … Continue reading →

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Hold your Criminal Finance horses

Posted on May 5, 2017 by

Well, it’s here: the Criminal Finances Act 2017 has received Royal Assent.  And it has been quite an education in legislative procedure for me at least.  For instance, did you know that the progress of a Bill (before an Act … Continue reading →

Posted in Bribery and corruption, Legislation, Money laundering | Tagged , , , , , , , | 5 Comments

When legislation lets you down

Posted on January 13, 2017 by

For a couple of years I have been tracking the fortunes of “Les W”.  The Wildensteins are one of the highest-profile families in France; Wildenstein & Co was one of the most successful and influential art dealerships of the last … Continue reading →

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Cash tales from the Raj

Posted on December 5, 2016 by

I am often asked whether what we are doing in the world of AML – namely due diligence, record-keeping, staff training and reporting of suspicions – is actually having a positive impact.  I’ve mulled on this before, and no doubt … Continue reading →

Posted in AML, Bribery and corruption, Money laundering | Tagged , , , , , , , , , | 1 Comment

It pays to check

Posted on November 30, 2016 by

Last week I watched a programme called “What Britain Earns with Mary Portas”.  Although the title suggests that this was a limited look at the earnings of people who are in business with Mary Portas, it was in fact a … Continue reading →

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Don Donald?

Posted on November 11, 2016 by

I’m not going to hide it from you: I’m devastated by the Trump win.  Devastated and not a little scared.  I’m no fan of career politicians – I’d rather people did a proper job before turning to public service – … Continue reading →

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