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Court of Appeal considers mental element for criminal intent under POCA
The young high-flyers in Whitehall, who deal with UK financial crime policy, in between winging along the corridors of power found time to talk to practitioners at the Anti-Money Laundering Professionals Forum annual financial crime seminar in the..
Online Published Date:
03 April 2014
Appeared in issue:
212 - 03 April 2014
Two in enforcement, three in scope – UK regulator takes aim at AML
Sanctions, on the hard edge of international diplomacy, are presently ratcheting up over Crimea, with US [1] and EU [2] asset freezes and visa bans prompting retaliation in kind by Moscow [3], but there are good reasons to think they won’t go..
Online Published Date:
03 April 2014
Appeared in issue:
212 - 03 April 2014
The green heart of Europe beats a little faster - Luxembourg
Half a dozen follow-up reports later, Sue Grossey assesses Luxembourg’s progress since its 2010 mutual evaluation by the Financial Action Task Force.
I never meant to stick with (anti-)money laundering, you know; it was supposed to be..
Online Published Date:
03 April 2014
Appeared in issue:
212 - 03 April 2014
Better late than out – Turkey tackles terrorist finance
Financial Action Task Force patience was running on empty when Ankara finally passed terrorist financing legislation. One crisis averted, perhaps, but Paul Cochrane, in Beirut, and Michael Kosmides, in Athens, find that other deficiencies..
Online Published Date:
03 April 2014
Appeared in issue:
212 - 03 April 2014
Safe bet – the risk in online gambling
Odds are better, overheads low, customers plentiful – online gaming has struck lucky, but is the wise money on the criminal or AML compliance to win? Paul Cochrane checks the state of play.
Online gambling is big business – worth..
Online Published Date:
03 April 2014
Appeared in issue:
212 - 03 April 2014
Control without constraint – EU’s e-money balance
Money flows constantly, always finding new, electronic channels. European legislators are hard at work on how to regulate rather than divert (much less stem) the tide of innovation. Robert Stokes reports on the current Fourth EU ML Directive..
Online Published Date:
03 April 2014
Appeared in issue:
212 - 03 April 2014
Reformation - Pope Francis calls the Vatican Bank to account
The history of the Roman Catholic church is coloured by financial intrigue, which, of late, has attached to the provenance of deposits and obscure workings of the Istituto per le Opere di Religione, better known at the Vatican Bank. Mindful of the..
Online Published Date:
03 April 2014
Appeared in issue:
212 - 03 April 2014
Policy matters
The young high-flyers in Whitehall, who deal with UK financial crime policy, in between winging along the corridors of power found time to talk to practitioners at the Anti-Money Laundering Professionals Forum annual financial crime seminar in the..
Online Published Date:
03 April 2014
Appeared in issue:
212 - 03 April 2014
Call my bluff – Crimea
Sanctions, on the hard edge of international diplomacy, are presently ratcheting up over Crimea, with US [1] and EU [2] asset freezes and visa bans prompting retaliation in kind by Moscow [3], but there are good reasons to think they won’t go..
Online Published Date:
03 April 2014
Appeared in issue:
212 - 03 April 2014
Criminal negligence – why AML isn’t working
Spending on anti-money laundering and combating terrorist financing is reaching levels even institutional shareholders may start to notice, but to what purpose? Convictions for money laundering and recovery of criminal proceeds remain de minimis...
Online Published Date:
03 April 2014
Appeared in issue:
212 - 03 April 2014