The Dark Money Files
A series of podcasts that explain to a non-technical audience how dark money, including money laundering, corruption, bribery, and tax evasion, enters the financial system and infects everything it touches.
Episodes
Document or detect?
We take a look at the effect of human behaviour on our ability to stop criminals gaining access to the financial system and why that system is more likely to produce comprehensive documents than effective detection.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at h
The verification game
We look at the role of Authorised Corporate Service Providers (ACSPs) in the new regime at Companies House and explain why understanding both its strengths and weaknesses is important to anyone responsible for onboarding or monitoring UK companies, wherever in the world you work.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on T
Is Companies House an economic bellwether?
One for the geeks! Changes in company formation levels are often use to justify/criticise different governments' economic policies.We go behind the headline figures to see if this is justified or not (HINT: not!).Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website a
Happy birthday OFSI
Ten years after the creation of the Office of Financial Sanctions Implementation, we look at how the UK sanctions regime has evolved—from early uncertainty to strict liability enforcement, sanctions list complexity, and the growing expectations on the private sector. Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at h
It's a grey(list) area
Today we tackle some colourful risk lists or, to be a bit more precise, some black and grey ones, along with some strange differentials. Like how come the UK has a high risk third country list when there are no second countries in sight?Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files o
Crime on the high street - part two
In the second of a two part, end of year podcast, we continue to explain how we helped with a major BBC investigation into crime on the high street, involving the sale of illicit cigarettes and vapes, modern human slavery, people trafficking, tax evasion, corruption and money laundering.In this episode, undercover filming unearths a shocking story and we explain our part in finding some of the pro
Crime on the high street - part one
In the first of a two part, end of year episode, we explain how we helped with a major BBC investigation into crime on the high street, involving the sale of illicit cigarettes and vapes, modern human slavery, people trafficking, tax evasion, corruption and money laundering.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitte
A fine fanfare - Coinbase and JP Morgan SE
We examine two recent final notices issued by two different regulators relating to two quite different enterprises and find a surprising amount of commonality in their thinking.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles.com/
The Dark Money Files meets (Episode 1)... The Laundry
In the first of a new, occasional series, in which we sit down and chat to fellow anti-financial crime professionals, we kick off with Marit Rødevand from Strise to talk about AI and other new fangled gizmos.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://
Policing the corporate landscape - the role of The Insolvency Service
The UK Insolvency Service does a lot more than just oversee insolvencies and, in a recently published five year strategy document, they outlined some ambitious future goals which we thought were well worth a conversation.So we had one!Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or
The highs (and lows) of PEP classifications
The FCA recently published new guidance specifically in relation to UK PEPs which we decided needed a closer look. So we did!Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles.com/
Where there's a will...
In this episode we explain how we supported a major BBC investigation into a Hungarian organised crime group which was systematically forging wills and stealing the assets belonging to the estate from under the noses of the true beneficiaries.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_f
Transparency and trust issues: the secret life of property
In this episode, we chat about a recently published report by Transparency International (see: https://www.transparency.org.uk/news/trust-issues-tackling-final-frontier-secret-property-ownership) and how it impacts on our ability to identify the true ownership of real estate in the UK (and elsewhere).Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark
Trigger warning!
We bring you our latest deep dive into the world of crazy company incorporations and weird worldwide coincidences by way of North London, New Zealand and a much loved British sit-com.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles.com
The sharing of suspicion
SARs!Search and rescue services?Subject access requests?Sudden acute respiratory syndrome?No - suspicious activity reports! That's what we are talking about this time. And there's a lot more to them than you might think.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see o
Don't let mules make an ass of your firm
In this episode we look at the FCA's latest thematic review of the National Fraud Database and money mule account detection tools and summarise what we think firms can take from it and what actions they might consider taking in response.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_fi
We're scamming, we hope you like scamming too...
"...Because every day we pay the price, we’re the living sacrifice"Taking inspiration from Bob Marley (sorry about the pun) we've done a little episode about scams and scammers (and some hints on how to spot them).Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see ou
Unheard voices - fine outcomes
In this episode we look at some of the links between three recent enforcement actions.We try to avoid the knee jerk reactions, and think a bit deeper about them.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles.com/
Financial Crime Training - Mind the gap!
We turn our attention to the requirement to train relevant staff on all matters anti-financial crime.And if you're planning on training - your training needs a plan!Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles.com/
The (out)source code
In this episode we turn our attention to the tricky subject of outsourcing. We were going to get someone else to do it for us but we couldn't find a suitable candidate. :)Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles.com/
Hot spots and intelligence 2
Hot spots and intelligence 2In this second episode we look more broadly at the genesis of intelligence led policing, how it works and how compelling it is to draw parallels with our world of anti-financial crime.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at http
Hot spots and intelligence
In this episode we report on a recent visit to the European Crime Analysis conference in Copenhagen and draw parallels between the work of law enforcement and those working in compliance.Links referred to in the episode:Hot spot policingWolfsberg Group Statement on Effective Monitoring for Suspicious ActivitySend us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/
Are corporate entities the Swiss army knife of financial crime?
In this episode we explore some of the many different ways in which corporate entities can be used to engage in financial crime – although, as far as we are aware, they aren’t much use in removing stones from horse’s hooves.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our web
Organised Crime - two's company but three's an OCG
We dive into the details of OCGs and how they use corporate networks to launder their ill-gotten gains - and the clues they leave behind.And, rather appropriately, we also introduce the world to our new sponsor: https://riskalert247.com/Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files o
A proliferation explanation conversation
In this episode we turn our attention to the thorny subject of proliferation financing and provide a basic explainer of what it's about and why it's important.The documents referred to in the episode can be accessed via the links below: FATF Guidance on PF risk assessment | https://bit.ly/4a9FKTM UK National Risk Assessment of PF | https://bit.ly/3JP2Lk7 | RUSI paper on PF in banking | h
It’s payback time! – the new UK regime for mandatory scam reimbursement
With a forthcoming new requirement which makes it mandatory for UK payment service providers (PSPs) to reimburse the victims of some types of fraud, we look at the rules and how they are likely to play out.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://ww
The democratisation of crime
Taking a slightly different direction from our normal content, we step back and look how the landscape of crime has changed over the years, and how in the process it has become democratised.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfi
Bar Wars - Attack of the Clones
Following the news that nearly 800 restaurants in the UK have been cloned over the last few weeks, we thought we’d bring you the story behind the story. Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles.com/
It's over to EU
It’s over to EUAfter a succession of episodes looking at the UK financial crime landscape, we shift our focus over the channel to Europe and the proposed changes to EU AML legislation.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles.co
Are PEPs domestic?
Following some recent banking shenanigans, there’s been a rapidly introduced change in the UK law relating to PEPs.We think it needs to be put into a global context.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles.com/
ECCTA Part 2 - SLAPPS, Fraud, Crypto and information sharing
In this second part of our review of the Economic Crime and Corporate Transparency Act, we look at the provisions relating to failing to prevent fraud, crypto assets, information sharing and Strategic Lawsuits Against Public Participation (SLAPPs).Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/
Companies House - it's time to Act
Following the enactment of the Economic Crime and Corporate Transparency Act, reform is on the way to Companies House.But what does it look like and when will it happen?Here's our initial overview.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.th
A close shave – Ockam’s razor and plausibility
In this episode we walk the path from certainty to impossibility, via probable, possible and plausible.A conversation involving wind turbines, zebras and UFOs.You need to listen to understand!Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoney
Ownership, control, or influence? UBOs and further complications
In this second episode devoted to ultimate beneficial ownership, we delve into the world of exchange traded companies and the esoterica that is trusts.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles.com/
Ownership, control, or influence? It’s time for the UBO question!
In this episode we, somewhat belatedly, begin to tackle the thorny issue of identifying ultimate beneficial ownership. And we do so by pointing out that the “ownership” part of UBO is a bit misleading because it doesn’t cover control or influence.But then a UBOCI is a bit of a mouthful.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-lt
A Neidle in a tax scam
In this episode we walk through a recent, in-depth report into probable VAT and employment tax fraud reported on by Dan Neidle of the Tax Policy Associates, in partiucalr, how various different proessionals, individuals both here and abroad, and social media websites can be used, wittingly or unwittingly, to further the fraudsters aims.Send us Fan MailSupport the showFollow us on LinkedIn at https
A view from the Farage side
We couldn't let the recent Farage brouhaha with Coutts go by without some sort of comment.We've tried to chart a calm course through some choppy waters!Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles.com/
You find what you look for!
In this episode we ask "What have the dinosaurs ever done for us?" It turns out, if you ask the right questions, it's quite a lot.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles.com/
Bias and noise – how they differ and why it matters
In this episode we take a (hopefully) user-friendly trip down the statistical road and explore some of the common pitfalls that can be encountered in preparing management information.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles.com
MI oh MI What a Wonderful Day
In this episode we look at the thorny issue of Management Information. What is it and what’s it for.Simple questions you might think, but often overlooked.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles.com/
Show me the money!
In this episode we bring you an update about regulatory expectations in respect of cash deposits. Along with a brief history of the UK’s Post Office dating back to the 17th century and the somewhat surprising news that it is still possible to make unlimited daily cash deposits of up to £20,000 with no form of identification.More information on KURE (brought to you by our sponsors Deep PoolmLtd) ca
VATs the problem?
In the first episode of season 10, we turn our attention to an extraordinary story about online retail sales, China, VAT and HMRC.Despite all the apparent jargon, it is just an everyday tale of 11,000 companies all suddenly deciding to register to a private address where the owner had never heard of them.Which didn’t stop him being sent £500,000 in debt enforcement letters.And, in a first for The
Investing in testing 2 - Is it in the test?
In the second part of our look at multiple choice tests we talk about how some fairly basic statistical analysis can help to validate their effectiveness. Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles.com/
Investing in Testing - why assessment matters: Part 1
Does your assessment programme correlate to individual performance? And if not, why not?Part one of a journey on the road to cognition.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles.com/
KYC - The Canary in the Coal Mine
In this episode we talk about using our (metaphorical) little yellow bird as a predictor of the overall effectiveness (or lack of it) of your anti-financial crime framework.Would your KYC fall off its perch at the first whiff of trouble?Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files
Dr Blake’s casebook – a roundup of stories you may have missed
In this episode we work through three of the smaller regulatory actions from last year which nevertheless contain nuggets of gold, successfully panned by Ray.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles.com/
Can we have the Bill please?
In something of a departure from our normal content, we review the passage of the Economic Crime and Corporate Reform Bill through the UK parliamentary system and use the opportunity to explain in more detail just how the scrutiny and passing of legislation works in practice.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitt
Trivia - when three paths meet
In this episode we weave together crypto, courts and controversy when Sam Bankman Fried meets the Court of Justice of the European Union and a millionaire underwear Baroness. Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles.com/
AOB – recent publications and guidance
It’s been a little while so we thought we’d do a bit of a catch up on some recent publications from Wolfsberg, the FATF and the Finnish FSA.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles.com/
Fraud part three: Watcha gonna do about it!
In our final part of our look at fraud, we explain, in general terms, current approaches to how best to compensate the victims and deny the fraudsters (as well as explaining briefly, why the gap since the last episode).Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website
Your company is not welcome here!
We interrupt our suite of podcasts on fraud to bring you a special episode relating to the human cost of fake company incorporations.Working with various different media outlets, we’ve helped bring to light some of the stories relating to people who unwittingly fall foul of fake company incorporators.Listen, for example, to this recent episode of BBCs You and Yours: https://www.bbc.co.uk/programme
Fraud part two: The grift that keeps on grifting
In this second part of our series on fraud we delve into some of the different types of fraud.We proffer some “mildly salacious” examples, along with others which are rather more serious.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles
Fraud, intents and purposes
In this pun laden episode, we start to delve into the world of fraud. More to follow…Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles.com/
Synthetic data and real-world applications: The FCA call for input
The UK regulator, in common with most regulators around the world, is keen to understand the role that synthetic data might play, alongside Artificial Intelligence and Machine Learning.It has made a call for input which closes on 22 June. In this episode we review the current state of play, the uses for synthetic data and why contributing to this call is so important.Link to the call: https://www.
Tax: Avoidance, evasion, and small umbrellas
In this episode we tackle the thorny issue of tax avoidance, aggressive tax avoidance and tax evasion. We also take a closer look at one of the schemes which falls somewhere on that spectrum: mini-umbrella companies.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at
Selfies, Swipes and Security - authentication in the digital age
In this episode we look at all things digital and how it is changing the landscape of authentication whilst making KYC more dynamic.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles.com/
A view from the dark side – Part 3
To conclude this trilogy of podcasts looking at the world from the money launderers point of view, Ray and Graham take a deep dive into trade-based money laundering and trade finance.They revisit the research conducted by John Zdanowicz – copy of the report referred to can be found here.$5000 tweezers and enriched uranium at $15/kg make for a lively episode! Send us Fan MailSupport the showFollow
A view from the dark side - Part 2
In this second part of Graham & Ray’s trip to the dark side, and with almost prescient timing, they explain how to set up a global money laundering machine.Please don’t try this at home.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfi
A view from the dark side - Part 1
Having spent three years and 93 episodes reporting from the side of the great and the good, Ray and Graham move the focus to the view from the dark side.And it sounds like they had an inordinate amount of fun doing so!Two more parts to follow!Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_f
NatWest Bank and HSBC: The King, his cleaner and the thirsty aspidistra
We bring this trilogy of episodes around transaction monitoring failures to an end with a final review of the NatWest case and a comparison with the recent fine levied against HSBC.What’s that got to do with a King, his cleaner and a thirsty aspidistra? You’ll need to listen to find out!Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-l
NatWest Bank and the Bradford Laundromat - part 2
In this episode we bring you the second part of our deep dive into the criminal prosecution of NatWest through the lens of the Statement of Facts which accompanied the guilty verdict.This time, amongst other things, we cover smelly banknotes and bin bags full of cash.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at h
NatWest Bank and the Bradford Laundromat - part 1
In this episode we bring you part one of a deep dive into the criminal prosecution of NatWest through the lens of the Statement of Facts which accompanied the guilty verdict.No matter where you are in the world, given the ubiquity of AML regulations, this will be relevant to you and your organisation.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark
Green flags and white lists
In this episode we want to move away from always being suspicious and look at the other side of the coin. Can we use green flags to help identify suspicious behaviour from a very different angle?And do we need to be cautious in our use of whitelists?Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com
Companies House Advanced Search
In this episode we enthusiastically review the new advanced search function recently launched on the Companies House website. We also make a heartfelt plea for other corporate registers to look and learn from the huge potential gains in proactively managing corporate financial crime risk that it facilitates.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/t
Regulators, statistics and benchmarking
In this episode we look at how the FCA’s REP-CRIM report can assist firms in assessing the effectiveness of their AML controls through both trend analysis and benchmarking against their peers. And we explain how trend analysis such as this can benefit all financial institutions wherever they do business. Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/th
Set the controls for the heart of the risk
In this episode we review the need for firms to review, and adjust as necessary, their financial crime control environment. We also talk about some of the triggers which might cause these adjustments and the actions which might follow. Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or
The Pandora Papers
In this episode we give our views on the Pandora Papers and some of the broader considerations which might flow from their release.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles.com/
Everything you ever wanted to know about remediation but were afraid to ask!
Remediation programmes are becoming an all too frequent feature of life for financial crime compliance departments, so we we’ve put together a summary of good practice, do’s and don’ts and other things to consider when embarking on such a course of action.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitt
It's RAG week at The Dark Money Files
Sometimes you just have to go back to basics. And this week it's risk. Does low risk equal no risk? Is all risk equal? Should you ever do EDD on a low risk customer?We answer these questions and many more.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https:
Alternative Laundries 4 - Informal Value Transfer Systems
In this episode we wander away from traditional banking intro the world of informal value transfer systems. Oh, and we look at the price of missile launchers. But you’ll need to listen to understand why!Link to the TBML paper written by John Zdanowiczhttps://www.researchgate.net/profile/John-Zdanowicz/publication/46556338_Trade-Based_Money_Laundering_and_Terrorist_Financing/links/02e7e534489c54510
Alternative Laundries 3 - Art, auctions, sanctions and shells
Occasionally, we record an episode which is truly an exclusive, and this is one of them.This episode started life as a straightforward explanation of the use of art and auctions in money laundering schemes. And then it went off on the most unexpected and jaw dropping tangent. You’ll need to listen to understand how art, auctions, sanctions and shell companies relate to the explosion in Beirut and
Dark Money Conference Special
This is just a very quick episode to let everyone know about the upcoming Dark Money Conference. It's online so it doesn't matter where in the world you are and it' going to be great! link to the website: https://darkmoneyconf.com/Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dar
The FCA's Dear CEO AML Letter
We interrupt our series on Alternative Laundries to review the recent FCA Dear CEO AML letter which, whilst aimed squarely at UK financial institutions, will have relevance across the world, especially where those global banks have UK retail operations.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.
Alternative Laundries 2 - What are the odds?
In the second part of our Alternative Laundries series, and against all the odds, we turn our attention to casinos and gambling. It's a big deal!Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles.com/
Alternative Laundries
In this episode, we dive into the world of alternative money laundering methodologies, starting with lending and insurance. And we find out that, with a bit of imagination, any store of value can be used to launder money - sometimes in surprising ways!Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.
Stings, Hacks and Honeypots
Following the news that the FBI and Australian Federal Police had managed to seed a bogus “encryption device” into a huge global network of organised criminal gangs, followed by an equally global set of raids, arrests and asset seizures, we review what we know, alongside the recent Encrochat hack and surmise what this might mean in the fight against global organised crime.Send us Fan MailSupport t
Financial Intelligence Units and the Egmont Group
In this episode we talk all things FIU along with the history and role of the Egmont Group. We discover the different flavours of FIU and how they work with the other elements of government and the law.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.th
Everyone's a critic!
In this episode we look at the role of critical thinking in the world of Financial Crime Compliance. What it is, how it works and some examples of critical thinking in practice. And we conclude that it is one of the most important skills necessary for effective risk management.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twi
We're going Dutch for this round!
With the breaking news that ABN AMRO have been fined just under €500m and three former executives are currently subject to a criminal investigation, we draw out the main themes emerging from the report.Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.th
NatWest bank charges and boiling a frog
In this episode we talk about the recent criminal charges brought against NatWest Bank and liken the underlying issues to boiling a frog. Of course. Send us Fan MailSupport the showFollow us on LinkedIn at https://www.linkedin.com/company/the-dark-money-files-ltd/ on Twitter at https://twitter.com/dark_files or see our website at https://www.thedarkmoneyfiles.com/
