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US charges 32 with complex scheme to fund North Korea’s nuclear weapons programme
By Keith Nuthall
Online Published Date:
29 May 2020
Appeared in issue:
275 - 01 July 2020
BNP Paribas fined CNY2.7m in China for CDD and reporting breaches
The Chinese subsidiary of BNP Paribas will pay a CNY2.7million (US$378,500) fine after People’s Bank of China investigators found thatcustomer identification was not always verified and large and suspicioustransactions sometimes not reported. The..
Online Published Date:
01 June 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown - day seventy
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
01 June 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown - day seventy-one
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
02 June 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown - day seventy-two
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
03 June 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown - day seventy-three
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
04 June 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown - day seventy-four
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
05 June 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown - day seventy-seven
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
08 June 2020
Appeared in issue:
275 - 01 July 2020
Civil recovery and tax evasion: a winning combination?
John Binns (+44 (0)20 7430 2277, jbinns@bcl.com) and Harry Travers (+44 (0)20 7430 2277, htravers@bcl.com) are partners at BCL Solicitors LLP, specialising in financial crime, money laundering and sanctions.
Online Published Date:
09 June 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown - day seventy-eight
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
09 June 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown - day seventy-nine
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
10 June 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown - day eighty
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
11 June 2020
Appeared in issue:
275 - 01 July 2020
Conflict costs - Syria
As Syria enters its tenth year of civil war, the economy is in tatters, foreign currency is in short supply, and sanctions have not only been renewed, the United States has introduced additional, secondary measures. Funds still flow, but how? Paul..
Online Published Date:
12 June 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown - day eighty-one
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
12 June 2020
Appeared in issue:
275 - 01 July 2020
Eyes always open – KYC 'now'
Dermot Corrigan (+44 7710 266333, dermot.corrigan@smartkyc.com) is CEO of smartKYC.
Online Published Date:
15 June 2020
Appeared in issue:
275 - 01 July 2020
An altogether different order – quantum computing threat & defence
The ability to be in two places at once, albeit at particle level, while not measurable, as it will affect the outcome, may sound like the stuff of science fiction, but quantum computing, which harnesses the theoretical physics, is hard fact, finds..
Online Published Date:
15 June 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown - day eighty-four
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
15 June 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown - day eighty-five
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
16 June 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown - day eighty-six
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
17 June 2020
Appeared in issue:
275 - 01 July 2020
Commerzbank London fined UK£37.8 million for nearly five years of AML breaches
The London branch of German lender Commerzbank is to pay a UK£37,805,400 penalty after the UK Financial Conduct Authority (FCA) found widespread AML failings in its know your customer (KYC) and monitoring framework between 23 October 2012 and 29..
Online Published Date:
18 June 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown - day eighty-seven
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
18 June 2020
Appeared in issue:
275 - 01 July 2020
AML and solicitors: time to root out the bad apples?
John Binns(+44 (0)20 7430 2277,jbinns@bcl.com) is a partner at BCL Solicitors LLP in London, specialising in AML compliance and enforcement.
Online Published Date:
18 June 2020
Appeared in issue:
275 - 01 July 2020
JAK Medlemsbank fined SEK1.6m for risk assessment, CDD failings
JAK Medlemsbank, the Swedish cooperative bank, has been fined SEK1.6 million (US$170,000) by Finansinspektionen for “significant deficiencies” in its AML/CFT risk assessment and customer due diligence practice, including record-keeping.In many..
Online Published Date:
19 June 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown - day eighty-eight
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
19 June 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown - day ninety-one
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
22 June 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown - day ninety-two
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
23 June 2020
Appeared in issue:
275 - 01 July 2020
Ownership unlocked – jurisdictional keys to criminal property
‘Safe as houses’ may still apply to criminal funds invested in real estate in many parts of the world but laws and enforcement authorities are beginning to recover lost ground. Jonathan Dyson reports.New initiatives internationally aim to tackle..
Online Published Date:
23 June 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown - day ninety-three
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
24 June 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown - day ninety-four
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
25 June 2020
Appeared in issue:
275 - 01 July 2020
SEB fined SKr1bn over weak AML in Baltics
SEB, the Swedish lender controlled by the Wallenberg family of industrialists, has been fined SKr1 billion (US$107m) by the Finansinspektionen for deficiencies in anti-money laundering controls in its Baltic operations. [1]The financial markets..
Online Published Date:
25 June 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown – day ninety-five
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
26 June 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown - day ninety-eight
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
29 June 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown - day ninety-nine
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
30 June 2020
Appeared in issue:
275 - 01 July 2020
Cum-Ex – tax redux
Denis O’Connor, a Fellow of both the Institute of Chartered Accountants in England& Wales and the Chartered Institute of Securities and Investment, was amember of the British Bankers’ Association Money Laundering Committee from2003-10 and a member of the Joint Money Laundering Steering Group’s Board andEditorial Panel between 2010 and 2016. He has been a frequent speaker at industryconferences on financial crime issues, both in the UK and abroad.
Online Published Date:
01 July 2020
Appeared in issue:
275 - 01 July 2020
Offshore reach – beneficial ownership registers on the horizon
The UK’s overseas territories fought longand hard to prevent public disclosure of who owns and controls the legalentities listed in their registries but a UK legislative deadline of December2023 is finally compelling change: Gemma Handy, based in St..
Online Published Date:
01 July 2020
Appeared in issue:
275 - 01 July 2020
Pack your (virtual) bags
Susan Grossey may be contacted on +44 (0)1223 563636, susan@thinkingaboutcrime.com, www.thinkingaboutcrime.com
Online Published Date:
01 July 2020
Appeared in issue:
275 - 01 July 2020
Public Data v. Private Understanding: one reason why firms are falling short in the fight against money laundering
Tim Parkman (tim.parkman@cddpro.com) and Stuart Hammond (stuart.hammond@cddpro.com) are independent financial crime consultants and directors of CDD Pro Ltd (www.cddpro.com).
Online Published Date:
01 July 2020
Appeared in issue:
275 - 01 July 2020
First in Jersey: lessons from the Abu Dhabi Commercial Bank case
Eleanor Davies (+44 [1534] 766254, eleanordavies@bakerandpartners.com) is an associate at Baker &Partners.
Online Published Date:
01 July 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown - day one hundred
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
01 July 2020
Appeared in issue:
275 - 01 July 2020
FATF defers countermeasures for weak AML/CFT in view of COVID-19
ByKeith Nuthall
Online Published Date:
01 July 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown – day one hundred and one
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
02 July 2020
Appeared in issue:
275 - 01 July 2020
UK lockdown - day one hundred and two
Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.
Online Published Date:
03 July 2020
Appeared in issue:
275 - 01 July 2020
Priority focus: FATF, the next two years
Interview by Keith Nuthall.
Online Published Date:
07 July 2020
Appeared in issue:
275 - 01 July 2020