Tag Archives: training

It’s for you-hoo!

Posted on June 16, 2017 by

Apart from the days when I am out preaching the AML gospel, I work alone in an office above my garage.  Although this means that I get all the Jaffa Cakes and can break off to dance to ABBA’s “When … Continue reading →

Posted in AML, Training | Tagged , , , | 12 Comments

A fine fortnight

Posted on June 7, 2017 by

What else could I blog about today but the seemingly daily fines on financial institutions for AML failings?  Here’s what has happened (you can see the links to all of these stories on the Newsroom page of my website): 22 … Continue reading →

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

A record number of records

Posted on May 24, 2017 by

I know I said last time that I wouldn’t be doing anything until the UK’s new Money Laundering Regulations 2017 and their attendant guidance notes are finalised and approved (we’re working towards 26 June 2017), but that doesn’t stop me having … Continue reading →

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

The law is just the law

Posted on April 18, 2017 by

For my next survey question, I moved into the realms of fantasy (or at least, I hope it’s fantasy – with Brexit, nothing’s certain any more): “If all the AML obligations were removed from legislation and regulation, what would you … Continue reading →

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

Power to the AML people

Posted on April 12, 2017 by

Now that I have whetted your appetites with that first course of participants in my little AML survey, let’s move on to the first meat course: why you do what you do.  The survey question was: “Being totally honest, please … Continue reading →

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

A spotless reputation

Posted on March 15, 2017 by

Recently I had a fog-induced flight delay at one of the Channel Island airports [I’m not being coy for no purpose; I am trying to relate an event without identifying the individual concerned].  It was tedious beyond belief, but the … Continue reading →

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

Prize porkers

Posted on March 6, 2017 by

As visitors to my website and this blog cannot help but notice, I have written a few books about AML.  There are two series of the “piggy” books – one for directors (with their AML oversight responsibilities) and one for … Continue reading →

Posted in AML, Publications | Tagged , , , , , , | 4 Comments

Idling in neutral

Posted on February 24, 2017 by

One of the difficulties of running a specialist, one-person business is providing relevant training for the staff – i.e. me.  If an AML conference looks particularly ground-breaking I will sign up, but many of them go over (what is to … Continue reading →

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

Windows of opportunity

Posted on February 10, 2017 by

As I design, prepare and deliver AML training, I often find that unexpected themes appear in what I am saying.  Nearly every training session I do has some revised basic information – what money laundering is, what the local legislation … Continue reading →

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

Forget the carrot – where’s that stick?

Posted on January 9, 2017 by

Years, nay, decades ago, when I started out in AML training, I vowed to myself that my training would be different.  It would not concentrate on money laundering penalties, or feature the phrases “clapped in irons”, “bread and water” or … Continue reading →

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