We are in the midst of the holiday season, and if you are a compliance officer at a commercial bank, the odds are someone in your bank will relate to you some story about a client who is in the bank, ...
Those of you who wondered how Panamanian Immigration was able to identify, and detain, the fugitive (and thrice convicted) Dutch fraudster, Okke Ornstein, when he arrived in Panama, inasmuch as he ...
For those of your who are perplexed as to why Okke Ornstein, who had previously fled Panama to avoid serving prison time for three felony convictions, would have the temerity (or foolishness) to ...
It's not just the fact that half of the companies formed by the Panama law firm of Mossack and Fonseca were BVI corporations, and it's not just that Cayman Islands corporate service firms choose to ...
If you were looking for yet another reason to totally ignore any UN publications, when searching for facts in your research, during compliance due diligence inquiries, or making Country Risk ...
The recent pronouncement, by an agency of the United Nations, UNESCO, that the Temple Mount, in Jerusalem, Israel, has no historical connection to its Christian and Jewish roots, demonstrates that ...
For those banks that continue to cut corners, and thereby costs, from their AML/CFT compliance programs, I direct you to this week's sad story; TD Bank whose planned acquisition of First Horizon Bank ...
Ask any compliance officer how international product diversion money laundering works, or the criminal use of Life Settlements, and you get a bloody blank stare. It's because financial institutions ...
