Posts Tagged ‘OFAC’
May 1st, 2013
There’s Too Big to Fail, But What About To Small?
There’s Too Big to Fail, But What About To Small? In the Compliance world there is Too Big to Fail… you know, the global financial institutions that are so large [...]
March 1st, 2013
Corruption, How Do We Stop It
Corruption How Do We Stop It Corruption is Fiscal Terrorism? I have seen this argument and we have a good deal of empathy for the assertion and legitimacy in the [...]
February 1st, 2013
Newest Iranian Sanction Developments
Newest Iranian Sanction Developments US Treasury Advisory: Iran and the Use of Exchange Houses and Trading Companies to Evade U.S. Economic Sanctions against Iran. On January 10, 2013, the U.S. [...]
December 16th, 2012
Trade Based Money Laundering
The money launders have been moving physical cash as well as using the financial systems to move money for years and years. And while the “Black Market Peso Exchange” has [...]
November 1st, 2012
Pakistan – Sanctions, terrorism and war.
Sanctions are brewing against Pakistan. The United Nations is threatening sanction on Pakistan for failing to curb anti money laundering and terrorist financing. Some initiatives are also being taken to [...]
October 1st, 2012
Open Source Innovation
We all get it, innovate or die. More acutely we must craft profitable innovations that are unique where above average margins can be harvested, at least for a bit of [...]
October 1st, 2012
Practice at Laundering Money
This was fun – oh my gosh this was fun! Every so often we challenge each other in the office to see how good our skills can be in the [...]
August 1st, 2012
HSBC Screwed Up Really Big
Shortly after you read this HSBC will have settled with the US regulators for allowing Iran to launder 250 Billion dollars – yeah $250 billion dollars. How much is that, [...]
July 1st, 2012
Hacked Off
Hacking and being hacked once was an embarrassment, a red-faced moment. Now it is part of life. For example your humble editors have been part of an ongoing denial of [...]
June 1st, 2012
Food Riots in the EU?
aka The Pingo Doce riots. Pingo Doce is a chain of stores in Portugal with some 300 to 350 locations. It was May 1st and while May Day is not [...]
