show episodes
 
Loading …
show series
 
In a complete departure from our normal podcast we bring you part one of an unscripted conversation between Ray and Graham, looking back at some of the major news stories of the year (noting to do with financial crime). In this first part we cover January to March. Please be aware, we are unashamedly open about our own beliefs which not everyone wi…
 
In this episode we look at (and broadly welcome) the proposed reforms to Companies House - an issue which matters globally given the ubiquity of UK entities in global money laundering schemes. Our reservations - budget and timetable (plus a few more technical quibbles)By Graham Barrow and Ray Blake
 
Following our hugely successful Dark Money Conference in association with fscom, Ray and Graham take a bit of time out to look back at the highlights and draw out some of the compelling themes that emerged. They also announce how those who were unable to attend can get access to all of the content and the associated masterclasses as well! For ticke…
 
In this episode we review the recent guidance issued by the UKs tax regulator (HMRC) for the benefit of Trust and Corporate Services providers. Amongst other things, it provides a very clear and articulate statement of some of the red flags to watch out for (along with a lot of abbreviations).By Graham Barrow and Ray Blake
 
The third part of our look at the Consent Order issued by the DFS NY against Deutsche Bank throws up some worrying inconsistencies between the CO and the Bruun & Hjejle Danske bank report. Was it because Danske Head office didn't know, they did but didn't disclose to B&H or they did disclose and it was withheld from the final report?…
 
In part two of our special report into the Consent Order issued by the DFS NY against Deutsche Bank we look at its troubled relationship with FBME, the Cyprus based subsidiary of the Federal Bank of Lebanon and conclude that being a correspondent brings with it ethical issues that are not always there with direct client relationships.…
 
In the first of a trilogy of special episodes relating to the recent Consent Order agreed between Deutsche Bank and the Department of Financial Services - New York, we look in detail at the nature of the relationship, and the mistakes that were made, when Deutsche Bank decided to do business with Jeffrey Epstein. Some of which (surprisingly) has ei…
 
In this episode we cover the foundations of trade based money laundering, what it is and how, classically, it is done. Along the way we make some surprising price discoveries on Amazon, compare a pair of tweezers to the size of a hydrogen atom and discover an unlikely candidate for dual use goods. Link to the John Zdanowicz TBML research: https://w…
 
In what is probably the most important episode we've recorded to date, we talk about the way in which money laundering is reported and the potentially sexist narrative that underpins it. We also talk about how the frame of reference which the general public forms in relation to money laundering can be altered (for better or worse) by the manner of …
 
In this second part of assessing customer risk, we look at the impact of delivery channel, products, entity type and industry on the overall risk rating. We talk about the changes that new technology have had on verification of ID and how different firms need to tailor their risk assessment to their own product and demographic range prior to addres…
 
We take a close look at events reported by SVT (Swedish Television) in relation to SEB's non-resident banking in the Baltics. Based on leaked material which has been shared with us, we include a forensic review of the detailed statement carried on their website and conclude that their are areas which still leave room for concern.…
 
In this episode we look back at a recent episode of the BBC1 news programme "Panorama" featuring drug money, gold bullion, billions of dollars of money laundering, poor treatment of whistle-blowers and a (very brief) appearance from one half of the duo. We talk about the money laundering "process" and how the description could be improved and look …
 
This week we look at two separate issues (but there are similarities). First up, Swedbank published its 3rd quarter results this week and included an update on their ongoing investigations into the alleged use of their bank as part of a money laundering operation in the Baltics. Secondly, we revisit the recent FATF plenary in Paris and put forward …
 
In this final episode of the Deutsche Bank story we look at the acquisition of Morgan Grenfell and Bankers Trust along with the banks somewhat strange relationship with Donald Trump. We also mention "The Dark Money Files Live" event which is coming soon to a location in London (with others to follow, we hope.…
 
In this episode we complete our review of Deutsche Bank's inspection by the FCA which led to them being fined £163m (and $425m by the Department of Financial Services - New York). W explain in some detail all of the areas identified for criticism but also highlight some of the good things Deutsche Bank did which don't always get the publicity they …
 
In this second part of our in-depth review of the recent travails at Deutsche Bank we talk about the background to the Systematic AML Programme (SAMLP) visit by the FCA, the LIBOR fine which preceded it (including the £100m fine for DB's breach of Principle 11) as well as describing what exactly a SAMLP entails. Whilst this is specifically a tool i…
 
Loading …

Quick Reference Guide

Copyright 2021 | Sitemap | Privacy Policy | Terms of Service
Google login Twitter login Classic login