A perfect regulatory storm is brewing
The British are obsessed with the weather, it dominates our conversation, our lives and recently the news headlines. Apocalyptic weather has been reported in Central America, the Caribbean Islands and across the state of Florida, whilst in Asia deva…
It’s Our Anniversary
Well, Great Chatwell Academy of Learning is one year older today, and very much wiser. We’ve learned that you need great relationships, honesty and lots of hours of dedicated application to grow a business when there are so many other established an…
The fight against crime is too important to leave the status quo as it stands.
The elephant in the room!
I have observed with increasing unease and frustration for some time now how despite the very honest and diligent efforts of the band of brothers and sisters in the financial crime compliance profession around the world we…
Cross Border Risk Conference – a Post Event Update
At Great Chatwell Academy of Learning, we are continually looking to improve our offering by getting feedback from attendees at our courses and conferences. Recently, we had plenty of really positive feedback from our recent Cross Border Risk Confer…
MLROs.com and Great Chatwell Academy Cross Border Risk
Tax evasion. Criminal proceeds from the sales of vast sums of illicit drugs and narcotics. Offshore incorporation of legal entities. The misuse of virtual currencies to launder the proceeds of crime. These are just some of the issues that we will b…
“Land Ahoy!”
The unchartered and unregulated seas of virtual currencies have until now provided rich pickings for those peddling illicit goods, sanctions and tax evaders and money launderers. With the notable exception of the rulings provided by FinCEN and the ‘…
Pointing a finger of suspicion?
When a piece of art sells for a world record fee of $430 million, and your first thought is that this represents a perfect case study for money laundering, you start to think that you may have been in the financial crime compliance profession for to…
Bribery and Corruption Update: Transparency International
Which country in Africa performs better than almost every other country in the world concerning bribery and corruption according to its citizens?According to the latest report by Transparency International, The Global Corruption Barometer, the citiz…
One nil to the gamekeepers
Thinking like a poacher is critical to managing an effective and meaningful risk assessment process and countering the risk of supporting their illicit activities.
Well-resourced and committed criminal financiers and terrorist financiers will be aw…
Standards need to improve inside and outside of Parliament!
Today we learned of the premature demise of yet another UK Member of Parliament, who was responsible for guiding the nation on matters of ethical and lawful conduct, because of personal conduct that is unbecoming of a peer of the realm and allegedly…