Some few salient points for further debate, discussion and dialogue. In my book, Financial Crime Risk Management and Compliance (2016) , I have provided some simpler working definitions for everyone to be on the same page. Money Laundering (ML) is the process by which criminals attempt to conceal or disguise the ownership and origin ofContinue reading “Why Banks carry out Enhanced Due Diligence (EDD) on Politically Exposed Persons (PEPs)”
Tag Archives: #Abuse of Office
The Presidential Royal Asian Tigers Greed
Ex-President of Taiwan Chen stated that “Money is dry, and cannot be laundered. The money is clean, it is not dirty, and does not need laundering.”
