AML

The Power & Influence Of Money Laundering

The Power & Influence Of Money Laundering

Money laundering entails a number of complex processes and while the ultimate aim is to ‘clean’ the laundered funds– the social and economic issues which derive from this criminal activity cannot be taken lightly. Peter Lilley throws the spotlight on an ever-present issue of global proportions.

Q&As On High Net Worth Individuals

Q&As On High Net Worth Individuals

There is no strict definition for a ‘High Net Worth Individual’ (HNWI) but it is commonly accepted worldwide that to become a HNW member a person will possess over one million dollars in liquid financial assets. With levels of wealth increasing over the decades, a person can also now be categorised as an ultra-HNWI: a person with available assets in excess of 30 million dollars.

Multistorey Money Laundering

Multistorey Money Laundering

This is a specific multistorey car park located in a provincial town in the United Kingdom. I know it well, as I frequently park there. It is built behind one of the town's main shopping streets and has an entrance inside to the back of a major chain store. So it is not really remarkable in any way….

Money Laundering Fundamentals

Money  Laundering  Fundamentals

The perception that still endures of money laundering is of a suspicious character turning up at the counter of a bank with a suitcase (probably helpfully labelled swag) overflowing with used notes. Amazingly in some countries - and with some banks - this may still happen, but nowadays most money launderers run very sophisticated global operations.