David Povey

This post has been provided courtesy of ICA

April 21, 2022

The dangers of money laundering within the art market

Do you know your Pablo Picasso from your Inigo Philbrick, or Leonardo da Vinci from your Larry Salander? Two of them are amongst the world’s most renowned artists, while the other two have both been imprisoned for a variety of …

April 19, 2022

Managing Correspondent Banking Relationships

Correspondent banking is a vital part of the global economy. But when incorrectly managed, correspondent banking relationships can present considerable financial crime risks. With recent high-profile failings seeing many international banks scale back such relationships, a recent ICA webinar looked …

April 11, 2022

5 considerations for a Transaction Monitoring system

Transaction Monitoring is an area that is constantly in the spotlight. The challenge for a financial institution is to get the balance right of monitoring the accounts of those individuals who are up to no good, but without impacting on …

March 10, 2022

Russia sanctions surgery – what are the implications for your business?

As the terrible conflict in Ukraine intensifies, sanctions are making global headlines. This public and media interest has brought with it fresh challenges for those trying to keep pace with the complex measures imposed by governments on entities linked to …

February 14, 2022

Happy Valentine’s Day – or is it?

A look inside the dangerous world of romance fraud Action Fraud describes romance fraud as ‘ Romance scams involve people being duped into sending money to criminals who go to great lengths to gain their trust and convince them that …

December 6, 2021

Old crimes, new methods

Times and technology may change, but the fundamental means by which criminals attempt to launder money and carry out their nefarious acts are still rooted in the same criminal process – commit a crime, evade capture and benefit from the …

September 6, 2021

Why compliance needs to talk about sustainability

Sustainability is as old as human existence itself, but it is only recently that it has been thrust into the limelight as an international issue of concern. The potentially catastrophic implications of climate change have elevated sustainability as a priority …

June 8, 2021

How global compliance works at the local level

There are many readily accepted global definitions of compliance, and the nature of being compliant, whether from international organisations or regulatory bodies. But are such definitions and understandings followed – or even recognised – at a local and regional level? …

November 16, 2020

Cryptocurrency is complicated – but it’s not going away

“The future of money is digital currency”  – Bill Gates “I can say with almost certainty that cryptocurrencies will come to a bad end” – Warren Buffet When such esteemed (and profitable) investors have such contrasting views about cryptocurrency, it …

August 25, 2020

UK sanctions: A brave new dawn?

23 June 2016: Brexit vote 31 December 2020: Brexit will come into law 2021 and beyond: A new era 23 June 2016 was polling day for one of the most contentious polls ever put to the British people. More than …

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