Happy birthday OFSI
Ten years after the creation of the Office of Financial Sanctions Implementation, we look at how the UK sanctions regime has evolved—from early uncertainty to strict liability enforcement, sanctions list complexity, and …
SUBJECT COLLECTION
Sanctions & corruption
Sanctions, bribery, political exposure and hidden wealth.
The questions behind the subject
Sanctions, politically exposed people and proliferation financing raise different questions. These episodes help untangle the terminology and explore the practical challenges of identifying exposure.
- Who or what is subject to a restriction?
- What does a sanctions list tell you—and what still needs investigation?
- How does proliferation financing fit into financial crime risk?
SUGGESTED LISTENING SEQUENCE
Read the dates alongside the discussions: rules and investigations develop over time.
All episodes in this collection
Crime on the high street - part two
In the second of a two part, end of year podcast, we continue to explain how we helped with a major BBC investigation into crime on the high street, involving the sale of illicit cigarettes and vapes, modern human slaver…
Crime on the high street - part one
In the first of a two part, end of year episode, we explain how we helped with a major BBC investigation into crime on the high street, involving the sale of illicit cigarettes and vapes, modern human slavery, people tra…
The highs (and lows) of PEP classifications
The FCA recently published new guidance specifically in relation to UK PEPs which we decided needed a closer look. So we did!
A proliferation explanation conversation
In this episode we turn our attention to the thorny subject of proliferation financing and provide a basic explainer of what it's about and why it's important. The documents referred to in the episode can be accessed via…
Are PEPs domestic?
Following some recent banking shenanigans, there’s been a rapidly introduced change in the UK law relating to PEPs. We think it needs to be put into a global context.
Alternative Laundries 3 - Art, auctions, sanctions and shells
Occasionally, we record an episode which is truly an exclusive, and this is one of them. This episode started life as a straightforward explanation of the use of art and auctions in money laundering schemes. And then it …
British Shells and the Beirut Blast
The massive explosion in Beirut. Sanctioned individuals. Dangerous chemicals. UK shell companies. ISIS. Russia. Syria. What connects them all? We do. There is an accompanying article on The Dark Money Files LinkedIn page…
Sanctions (Room) 101
At long last (some may say) we look at various types of sanctions, the people or entities to whom they may be applicable, and the main issuers of sanctions lists, explaining (at a high level) how they work and what finan…
Risky Business
In this episode we complete our look at PEPs by going into Enhanced Due Diligence in a bit more detail before turning our attention to other high risk situations.
It's time for a PEP talk!
In this episode we talk all things PEP. We cover how to define one, what constitutes a relative or close associate, what is the difference between source of wealth and source of funds and the thorny issue of PEP retireme…
Panorama, Money Laundering, Whistleblowers and PEPS
In this episode we look back at a recent episode of the BBC1 news programme "Panorama" featuring drug money, gold bullion, billions of dollars of money laundering, poor treatment of whistle-blowers and a (very brief) app…
Episode 1 - The Background
This is the first in a series of podcasts which explain in a non-technical way how "Dark Money" (e.g. money laundering, corruption, bribery, tax evasion) enters the financial system and infects everything it touches. It …
Read & explore
LinkedIn
British shells and the Beirut Blast (updated)
Tracing connections through British companies and public corporate records.
Updated version at sourceSuggested subject matches; editorial review in progress.
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