Tags » De-Risking

Near-o tolerance

A recent article in the Economist made a very valid point about recent AML endeavours – that sometimes they can have unfortunate consequences.  I have blogged quite a bit about “de-risking”, or what the FATF calls “the wholesale cutting loose of entire classes of customer”.  399 more words

Money Laundering

DB pension heading for the PPF? - Read this!

Here are some things you didn’t know about the Pension Protection Fund (PPF). If you are in a pension scheme heading in that direction you should read this! 826 more words

Pensions

The Trump Presidency – Implications and Opportunities for Caribbean IFCs

Alicia Nicholls

On March 31, 2017 I was a panellist representing FRANHENDY ATTORNEYS at the Barbados International Business Association (BIBA) Barbados International Business Forum 2017  169 more words

Trade

Results of FATF Private Sector Consultative Forum

Chairman’s Summary of Outcomes from the FATF Private Sector Consultative Forum, Vienna, 20-22 March 2017

Vienna, 22 March 2017 – The Financial Action Task Force (FATF) held its annual Private Sector Consultative Forum on 20-22 March 2017 in Vienna, Austria, hosted by the United Nations Office on Drugs and Crime (UNODC).

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Anti-Money Laundering

Will US Financial Deregulation help mitigate the de-risking phenomenon?

Alicia Nicholls

The exigencies of complying with a complex and often confusing maze of overlapping regulations, coupled with steep fines for compliance breaches, have been identified as principle drivers for United States-based global banks’ restriction and termination of correspondent banking relationships with respondent banks in other jurisdictions. 1,430 more words

Trade

Feed the machine a healthy diet

Requirements and the agile SDLC

Everyone is familiar with the expression, ‘garbage in equals garbage out’ by now.  This simple statement neatly articulates the necessity for quality software requirements.  1,341 more words

Work In Progress

De-Risking: The ‘Perfect Hurricane’ Threatening Caribbean IFCs

by caribbeantradelaw

My latest publication is an article entitled “De-Risking: The ‘Perfect Hurricane’ Threatening Caribbean IFCs” in the forthcoming IFC Review 2017. It discusses the implications of the de-risking phenomenon for Caribbean international financial centres (IFCs) and some of the steps they have been taking to fight it. 13 more words

Caribbean News