Tag Archives: tax evasion

When legislation lets you down

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

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

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It pays to check

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?

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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The forgotten victims

Sometimes, what with all the law and policies and procedures, it is easy to forget that every money laundering or white collar crime case is about people.  Whether they are the perpetrators or the victims, the laundering or other crime … Continue reading

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Washing on a star

I will admit that when it comes to reality TV – whether it’s talent shows or making people eat bugs in the jungle or watching the banal lives of young adults in Essex or Chelsea – I’m a non-starter.  My … Continue reading

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Panama: a drop in the ocean

So the Panama Papers are Out There.  Hands up who has gone into the database and searched on their own name….  Of course I did, with such an unusual name – not that I have ever done anything myself, you … Continue reading

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Bye bye banknote

Usually news about banknotes focusses on their design (we’re getting Turner and the fabulous “Fighting Temeraire” on our new £20 note in 2020), their devotees (the New Zealand $5 note has just been named Banknote of the Year for 2015) or … Continue reading

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Slaves to the legislation

In recent weeks there has been a huge amount of soul-searching and hand-wringing about money.  Much of it has concerned the slippery distinctions between tax evasion, tax avoidance and aggressive tax avoidance, with phrases like “morally repugnant” being bandied about … Continue reading

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Bad little bywords

Thank heavens for alliteration, I say.  In today’s crowded, tweeting, 24-hour news world, we don’t have to say “the leak of eleven million documents from the offices of law firm Mossack Fonseca”, but instead can save valuable milliseconds by referring … Continue reading

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