Nine seasonal lessons from the NatWest case

John Binns (+44 (0)20 74302277, jbinns@bcl.com) is a partnerat BCL Solicitors LLP, specialising in financial crime and money laundering,including advice to the regulated sector.

The sight of people lugging UK£700,000 in black bin bagsthrough a West Midlands shopping centre to a NatWest branch was just onestartling red flag among multiple warning signs the bank missed in failing toprevent a UK£365m alleged money laundering scheme. John Binns of BCLSolicitors offers a seasonal nine lessons to be learnt from this ground-breakingcase.