Friday, 10 July, 2015 – 10:27
Yanis Varoufakis, has resigned. In one of his last pronouncements as Greek Finance Minister, Varoufakis said the idea that Greece could print Drachmas was a fallacy. He is reported as having said “we destroyed all the presses.”
While he might be right in one respect, that of printing actual Drachma notes, he’s fundamentally wrong in another. There is an option that would fix much of the crisis – although it’s one that would cause the EU to have a major fit.
We’ve been here before and if it wasn’t so serious, at least part of it would be funny.
Instead, MLROs across Europe have a nightmare in the making.
Monday, 16 March, 2015 – 00:00
Imagine that you need to book a flight at short notice from London to Kuala Lumpur and back. There aren’t many options but you find one with a transit in Abu Dhabi and, even better, it only takes about an hour longer than a direct flight. So you book it on-line through a reputable on-line service but, because the flight is at short notice, it’s necessary to do some of the paperwork by phone.
Pages: 1 2 3 4 5 6 7 8 9 10 11 12
Wednesday, 26 November, 2014 – 00:00
When I began writing my new book, there was one primary focal point: big companies providing internet services profit from the crimes of others. That profit can be tracked and traced and internet companies can be made culpable in just the same way as banks, etc. who deal with criminals.
One of the great things about having been, albeit briefly, a criminal defence lawyer is that I’ve heard some pretty stupid defences.
Friday, 10 October, 2014 – 00:00
Sometimes we find that we have made superb decisions because, when we have to make similar decisions, it turns out that we assess all the latest data and do the same as before.
From Nigel Morris-Cotterill – LinkedIn contacts newsletter September 2014
The monthly newsletter has slipped a bit behind schedule because other things have slipped, too. So this is a long newsletter, covering two months.
Wednesday, 17 September, 2014 – 00:00
I’m English. I don’t have a vote in tomorrow’s Independence for Scotland vote. If I did, I’d vote that they are thrown out of the Union, that all Scots are sent back across the border, unable to benefit from continued residence in the rest of the UK. I’d revoke the damage including fundamental constitutional change done to England by the Scottish combine of Blair/Brown and Darling.
Friday, 12 September, 2014 – 00:00
Not the best start to Friday to discover that some bastard is promoting illegal copies of my book “Sun Tzu and the Art of Litigation” hosted by Cloudflare on a domain released by Public Domain Registry (PDR) – a company we are already looking at because it is heavily featured, along with GoDaddy, in the latest wave of domain registrations for spamming – all with a .eu address. More in the imminent issue of World Money Laundering Report.
Wednesday, 3 September, 2014 – 00:00
This week: a crazy month when it’s supposed to be the silly season, why e-book sales via Amazon.com are beginning to look like a bad idea and how pop culture makes our lives more difficult by spreading rubbish under the guise of knowledge.
Monday, 18 August, 2014 – 00:00
Is social media turning us into a species akin to goldfish?
It’s taken far longer than expected but as of two minutes ago, “How does that make you feel? Identifying suspicion in money laundering and terrorist financing” with all errata in the body of the book instead of on the more usual scrap of paper is available.
Friday, 4 July, 2014 – 00:00
A few days ago, I started writing a blog called “Taking a punt on ISIS.” The title is a pun (I like headlines that twist language much more than those that scream “Top Ten Ways To…” and then say something utterly banal like “mess up your job application”).
It is often said that there are no coincidences. But unless one believes in some kind of grand-master who manages the minutiae of the lives of all creatures and things on Earth, and beyond, sometimes it is clear coincidences do exist.
Here’s an example.
Friday, 21 March, 2014 – 00:00
Shhhh. “How does that make you feel – identifying suspicion in money laundering and terrorist financing”(1) has gone through final editing and pre-press and is now in proofing (which is a bit of a technicality because it’s been proofed in its final print format several times during production). Looking good to pop out of this final stage later today (tomorrow in the USA) Why “shhhhh?” Now it’s all in someone else’s hands and I’m going to sleep for three days.
Tuesday, 11 March, 2014 – 00:00
Much to my shock, the book has now grown to the point where it has to be reformatted to take account of its new thickness (that is in the number of pages, not the stupidity of the author).
So all the graphics that were carefully sized are now in the process of being resized as part of the pre-production process. Oh, and we’ve got the ISBN numbers but I’m not sure if that means it can be pre-ordered. I’m a bit hazy on the practicalities, partly because I’ve reached the point of doing nothing except writing. If I could have Nescafe’s Blend 37 on a drip, I would. (1)
Ten days ago, I had two chapters outstanding. After writing one of those, now I have three outstanding. Each piece of research seems to spawn at least one more.
Sunday, 2 March, 2014 – 00:00
28 February 2014 – a day I’ll remember – it’s the day my son’s first album was released and immediately (i.e. that day) went to number 3 in the Taiwan music charts.
Looking into suspicion for the new book “How does that make you feel?” with the subtitle of “Understanding Suspicion in Financial Crime”, an important source of material is in relation to stop and search. Add in profiling and predictive policing and it all starts to look a bit like the Tom Cruise film “Minority Report.”
I’m grateful to NatWest for telling me of a possible security breach relating to my “Credit Card Online Service” but there are a couple of factors that don’t quite hang true – aside from the basic one that, like most recipients of phishing mails, I don’t have an account with the target bank.
The US Presidential campaign, 2012, is winding up. It says a lot about how we, as people, make decisions.
The US presidential campaign comes to an end with an interesting revelation: the US people are being asked which of two liars they trust least – and to vote for the other one.
25 June 2003
The financial services industry is getting only part of the risk management and anti-money laundering point. And modern business models in banking and insurance militate against effective know-your- customer procedures says Nigel Morris-Cotterill .
World-wide, regulators are including in the requirements they place on affected businesses demands that they build a profile of their customers.
This “know your customer” approach is vital in the attempts to detect and deter money laundering and terrorist financing.