Articles and news / matters of concern
Contact us for details and what you need to know on any of the following:
- Legalisation of recreational cannabis in Canada: Did you think about the ramifications for your firm when recreational cannabis was being legalised in Canada? Were you ready or have you adapted yet? Old news but potentially still relevant if you are not already complying...
- Money laundering through casinos, real estate and luxury items (cars, yachts...). Lots to say on this.
- Beneficial ownership - transparency and disclosure: Who really owns these offshore/shell/shelf companies? Getting behind the fronts that are corporate service providers. Do the Panama and Paradise Papers ring a bell?
- Human trafficking (sex trade, illegal immigration and other forms of slavery) and how financial institutions can join the fight in identifying and reporting the criminals
- The minefield: virtual currencies
- How to implement an effective counter-terrorist financing programme. You probably think your current AML programme is enough, but I have news for you: "It's not!"
- Do you have international operations, in high risk countries? Have you thought about kidnapping risk, bribery, sanctions?
- International cooperation - Everyone says it's needed, but how can it be achieved, and safely, when balanced against privacy legislation?
- "Reputation, reputation, reputation! Oh, I have lost my reputation! I have lost the immortal part of myself, and what remains is bestial. My reputation, Iago, my reputation!" (as spoken by Cassio in Shakespeare's Othello, Act 2 Scene 3)
Contact us to help with any of the above.
Write to enquiries@astris-solutions.com