Blog tagged as AML

Is your AML Framework preventative or performative?

A deep dive into the Forty Elephants’ criminal empire, showing how their operations map perfectly onto today’s AML framework of placement, layering and integration — and why their red flags still matter for modern compliance.

Politically Exposed Persons: the who, and the why.

Gunpowder Plot - the case of the anonymous letter that alerted the authorities to treason - learn the lessons from history

What is the difference between Source of Funds and Source of Wealth. Following the SRA Thematic Review we consider this

All Hallows Eve is full of Tricker. But every tale has an underlying lesson.

Short snappy key points on SRA's Warning Notice on Client & Matter Risk Assessments

Why do these acronyms matter?

Are you swimming or are you sinking?

As an illustration let's look at the concept of Car Maintenance through the lens of AML. Find out more.

We take a deep dive: SRA Warning Notice published on 18 October 2023 The SRA’s Warning Notice (18 October 2023) highlights persistent weaknesses in Client and Matter Risk Assessments (CMRAs), with over half of reviewed assessments deemed ineffective in 2022/23.

The Law Society of Scotland has updated their CMRA guidance. Let's have a look.

July 2025, changes on the DAML Exception. Read further, from Hansards to LinkedIn SAR Comment. Learn more.

Key points from the The July 2025 Treasury Response of the 2024 Consultation on Money Laundering

Co-ordinated efforts target high risk companies. 11,500 companies removed from the Companies House Register

Geographical Risk - not only a consideration in your FWRA but also in relation to your clients. Apart from FATF are there any other resources to assist in understanding risk? See this toolkit of information.

A frequent compliance phrase is garbage in garbage out - read more

Someone suggested that it could be cheaper for firms to be non-compliant. But are there other considerations?

Will Digital Wallets be the sole source of truth for the regulated industries?

Stay alert. Stay compliant. Don't bite the apple without checking the orchard