Nigel's Eyes

20240222 Publication "Understanding Suspicion in Financial Crime" - Second Edition


I am delighted and a little bit proud to announce the publication of the second edition of "Understanding Suspicion in Financial Crime".

It has undergone a word by word revision, it's updated and expanded. It's available in paperback and hardback.

To celebrate its launch, it's been released via Amazon group websites with a 25% (ish, depending on the market) discount for purchases before 1 March.

It is impossible to over-state the importance of suspicion in relation to financial crime. It is at the heart of protecting against fraud, bribery and other offences and, of course, it is an essential element of all financial crime risk and control systems for money laundering and terrorist financing systems.

First published in 2014 and now reviewed, updated and expanded "Understanding Suspicion in Financial Crime" remains the only comprehensive study of how, why and when people become, or do not become, suspicious and why they do, or do not, report those suspicions.

Highly regarded in intelligence agencies and law enforcement, the book is essential reading across the entire financial sector and in commercial enterprises.

Now including topics such as how changing attitudes amongst customers, rapid changes in the use of language and the use of "artificial intelligence" in a risk-assessment environment are affecting the question of suspicion, the book adds to its previously wide range of topics, taking lawyers, judges and legislators into the world of financial crime risk officers, law enforcement and intelligence operations in an easy-to-read, informal style that belies the seriousness of the subject and its treatment.

Compliance is mechanical, dealing with risk is intellectual and emotional. Suspicion arises from a risk assessment.

Understanding Suspicion is an essential skill of being an internal auditor.

* You can't understand financial crime risk if you don't understand suspicion.

*You can't build or operate a bank, insurance company or a FinTech if you don't understand suspicion.

*You can't build RegTech or secure the hashtag#metaverse if you don't understand suspicion.

*You can't investigate or prosecute financial crime, or sit in judgment, if you don't understand suspicion.

*You can't draft effective policies and procedures if you don't understand how staff and agents view suspicion.

*You can't draft effective law and regulation if you don't understand suspicion.

This unique book is available via Amazon group sites: search for the following stock codes:

Paperback: B0CW3KNPZH
Hardback: B0CW3KMNT9

"Understanding Suspicion" joins

Trade Based Financial Crime Volume One: Beyond "Trade Based Money Laundering"
Financial Crime Risk and Compliance Casebook

in the growing collection: The Vortex Centrum Financial Crime Risk and Compliance Library

Thanks for reading.

Don't forget The Financial Crime Forum USA on 29th February at 2pm New York Time:

14:05 Criminals, technology and tricks - how tech is used to defeat e.g. anti-fraud checks - David Maimon
14:30 The Corporate Transparency Act - application outside the financial sector : Mike McGovern
14:55 Cannabis Banking : Peter Su
15:20 The Foreign Extortion Prevention Act, The Foreign Corrupt Practices Act and the Politically Exposed Persons regime.

Details and booking (USD30) at


Nigel Morris-Cotterill