Tag: #AML
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Put out Red Flags
Red flags are used in all sorts of professions as a way to generalise from one known context to another, hopefully, similar context. They are a useful introduction for policy-makers, other non-specialists or entrants to a profession. They are a short-cut for hard data analysis and, in the anti-money laundering (AML) arena, a poor substitute…
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Towards innovation in the global war on dirty money
A recent RUSI commentary by Helena Wood invited the Financial Action Task Force to promote innovation via its forthcoming Review of Asset Recovery. The article attracted positive comments on LinkedIn including an observation from Richard Gould (a former FATF Evaluator) that “The potential to use the methodology in the way recommended by Helena is, in…
A Fair Cop 