#EU’s tax haven blacklist omits c.33% global financial secrecy of EU member states in 2020. EU blacklist has never covered 10% global financial secrecy - grey list no longer meaningful #UK & Dependencies targeted by EU - sheer hypocrisy taxjustice.net/2020/02/18/eu-… via Tax Justice Network Bsky: @taxjustice.net

#coronavirus Impact 68% #China exports $BN 2018: #US 480 19.2% #HK 303 12.1% #Japan 147 5.9% #SouthKorea 109 4.4% #Vietnam 84 3.4% #Germany 78 3.1% #India 77 3.1% #Holland 73 2.9% #UK 57 2.3% #SG 50 2% #Taiwan 49 2% #Russia 48 1.9% #AUS 48 1.9% #Malaysia 46 1.8% #Mexico 44 1.8%

2020 was watershed moment for #FATF #FollowTheMoney - aligning with robust, #UN-driven US policy on illicit finance: #Iran #NorthKorea warnings. Strict #Enforcement the next step - #EU must align with US. #DOJ #OFAC #FINCEN CFATF GIABA Council of Europe GAFILAT @CoE_HRightsRLaw

FCA Orders Epayments Systems to Suspend Operations on AML Concern #amlcft aml.cx/ogirf

#Coronavirus impact will be global, profound. Market institutions could not factor rapid exogenous risks into long-term models. #China data cover-up disgrace. Central banks lack firepower after #QE post #GFC Coronavirus Crisis Goes Global telegraph.co.uk/business/2020/… via Telegraph Business

FATF making a difference: UK investigations of high-end money laundering (a long-standing area of risk) have increased since being prioritised in 2014. See more➡️bit.ly/37Wk0KU #FollowTheMoney #FATF

Top 5 global risks for 2020? 1. US-Iran conflict > spike in global oil prices 2. Trade war: US & EU 3. Coronavirus on global economy 4. Debt burdens > emerging markets recession 5. HK protests > exodus from Asia’s financial centre ⁦The Economist⁩ pages.eiu.com/Feb-20---Top-5…

Here's the latest on #coronavirus in Iran: ▪️VP Masoumeh Ebtekar tested positive for virus, state media reports ▪️Friday prayers in Tehran and other cities canceled, news agencies say ▪️Entry by Chinese nationals banned ▪️245+ cases confirmed with 26 deaths

Key US policy - protection of #nationalsecurity and #religiousfreedom. This is global US domestic and foreign approach and involves protecting #USD and US market. This includes robust Donald J. Trump actions at non-US, secondary #sanctions level - which very few understand.

There is a line between #derisking with the purpose of #combating #MoneyLaundering or de-risking for cost-efficiency, which is definitely not in line with the #AML Regulation. Read my newest paper on the subject: papers.ssrn.com/sol3/papers.cf… #sustainablefinance #financialinclusion

#COVIDー19 #marketcrash2020 has hit #goldprice. But #Gold still trades at relative highs. Nowhere near "Brown's Bottom" when Gordon Brown sold 56% UK gold at bottom of the market (1999-2002) at average price of $275/oz! Gold now 5x higher at $1,529.25/oz bullionbypost.co.uk/gold-news/2019…

Regardless of the source of the coronavirus, it is now a roadmap for future bioterrorism. Damage has been quick & enormous & worldwide. The responses have been predictable & ineffective. And the cost of a potential weapon such as this is close to zero. lnkd.in/dCiBH42

#Iran #COVID19 #Coronavirus true death toll 5,500+ in 186 cities acc to Iran Opposition #PMOIMEK. Official Iran deaths: 853! Major death tolls in: #Tehran: 750 #Gilan: 681 #KhorasanRazavi: 457 #Babol: 250+ #EastAzerbaijan: 150 Ilam: 120+ #Mazandaran: 70 english.mojahedin.org/id/17fdc501-1c…

The COVID-19 pandemic contains lessons for AML professionals, says Martin Woods Martin Woods. His latest observations, published today [Friday 24 April 2020], can be read (for free) at ow.ly/Ph0i50znz9F

What key learnings do you think leaders in the global financial sector should take away from the pandemic? Read the full commentary from RUSI on the financial crime challenges associated with COVID-19: bit.ly/2VC2jfl

Looking forward to a lively discussion with audience participation!

Financial crime never sleeps. And neither do we. Watch this space. #OnlineWithACAMS

Great webinar today with Innovate Finance on fundraising in today’s environment, with Fintel Security SAN InnoVentures and Globacap Nice to see #UKFW20 transition successfully to a virtual format!

Innovate Finance #Virtual #FiresideChat Breega and Curve - the perfect pairing? @YaelSSimon1 from Fintel Security was the host and moderator, and she was joined by Shachar Bialick Curve CEO, and Ben Marrel, Co-Founder & CEO at Breega thefintechtimes.com/fireside-chat-…

A lot of people are asking whether the government might be legally liable for its handling of Covid-19. This guest blogpost by Henry Blaxland QC takes an expert look.