Tag Archives: training

E for effort

Here I am, back from my holiday, refreshed and raring to go.  I will admit that I was feeling rather jaded before my break, and wondering whether AML – or more specifically, AML and I – had run its course.  … Continue reading

Posted in AML, General thoughts, Training | Tagged , , , , , , | 14 Comments

Confession is good for the soul

Today’s question: in what way is an AML trainer like a Catholic priest?  Let me set the scene (which I shall keep deliberately vague, for reasons that shall become obvious).  Some time ago I was invited in to see a … Continue reading

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Turn and face the strange

I am in reflective mood.  Over a recent wet weekend my husband and I tidied out our loft.  (I know: not for us a glamorous mini-break in San Tropez.)  And amongst the usual broken suitcases, comically out-of-date clothes and half … Continue reading

Posted in AML, Training | Tagged , , , , , , , , , , , | 8 Comments

Pour encourager les autres

In the world of prosecution, it’s sometimes damned if you do and damned if you don’t.  Since the Bribery Act 2010 came into force on 1 July 2011, the UK authorities have had access to the corporate offence of failing … Continue reading

Posted in AML, Bribery and corruption, Due diligence, Legislation | Tagged , , , , , , , , , | Leave a comment

A laundering own goal

People sometimes ask me how I can bear to stick with just one subject for over twenty years – yes, that’s how long I have been AML-ing.  And I simply say that although the subject remains the same, and indeed … Continue reading

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

Training across the Board

At the end of each year I do a review of what I have done during that year.  Each time I issue an invoice I categorise it by jurisdiction, by sector and by activity type, and this enables me to … Continue reading

Posted in AML, Regulation, Training | Tagged , , , , , , , , | 4 Comments

It’s for you-hoo!

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

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

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 , , , , , , , , | 6 Comments

The law is just the law

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

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