PEPs, their private bankers and the whistleblower – a case study

DenisO’Connor is a Fellow of both the Institute ofChartered Accountants in England & Wales and the Chartered Institute ofSecurities and Investment. He was a member of the British Bankers’ AssociationMoney Laundering Committee from 2003-10 and a member of the Joint MoneyLaundering Steering Group’s Board and Editorial Panel between 2010 and 2016. Hehas been a frequent speaker at industry conferences on financial crime issues,both in the UK and abroad.

Tensions between Compliance and privatebankers were instructively played out in a recent London employment tribunalcase. Denis O’Connor examines theevidence.