Thought of the Day

"I wrote this song，Perfect Day，for my grandfather. It's about the last day we spent together，where we drove to the seaside，chatting，laughing and reminiscing. " James Yang 楊永聰

The Treasury Department does not expect U.S financial institutions to take the European Commission’s list into account in their AML/CFT policies and procedures.

-- US Treasury Statement 13 February 2019

猪年大吉

20 December 2018

We wish all of our subscribers and readers a very Merry Christmas and a Happy New Year.

We are taking a break until 3rd January - or so it will seem. What we are actually doing is suspending publication of editorial while we do some major work on the back-end of the platform. For the past three years or so, we've been in beta testing and now (we think) we've got everything working properly and we can, finally, launch the full site with all the features we've been developing all that time.

GlobalKYC.com will continue to function normally: you can sign up and post details of freezing, seizing, confiscation and arrest (marine and aviation) orders and they will appear as usual. And of course, the new Suspicious Crypto-Asset Register will remain open: we expect a huge increase in the number of frauds and extortion attempts using crypt-asset accounts from now until after Chinese New Year (early February).

You'll notice some changes happening during the editorial hiatus while we turn on various functions and services and, also, make changes to presentation, move things around and so on.

Once we come back, we'll be a full-service website with sections for a general readership, specialised professional areas (including financial crime) and crowdsourced KYC information.

We look forward to seeing you on 2nd January.

"At any given time, we are also working on some 700 live CT investigations involving around 3,000 individuals and this record level of activity shows no sign of abating."

-- Deputy Assistant Commissioner Dean Haydon, Senior National Coordinator for Counter Terrorism Policing, UK Counter-Terrorism Policing.

"Where did she get the money?" asked the Magistrate. "I am suspicious of these sudden fortunes..."

Said the astute banker "it is not the custom of our bank to make enquiries into the previous history of its customers."

From "For the Term of his Natural Life, Marcus Clarke, 1872 (serialised in The Australian Journal) and 1874 (novel)

Don't use jargon: this is the entire (readable) relevant content of an e-mail from the UK's Economic and Social Research Council which presumes everyone knows their internal terminology

"Je-S system unavailable 23-26 November. The Je-S system will be unavailable from 21:00 on 23 November to 08:00 on 26 November. This is due to essential maintenance taking place."

What is Je-S? If we don't know that, we don't know whether we care.