Log In | Subscribe | | |


Financial Crime Risk Management and, in particular, issues relating to money laundering, have left a number of people dead and far more threatened with harm to themselves or their families. Similarly, reporting on issues that embarrass governments or criminal gangs has led to murders. Put them together and you get Daphne Caruana Galizia, a blogger in Malta who has been at the forefront of working through the Panama Papers, revealing information on the activities of the clients of Mossack Fonseca and their network, which had long had a presence in Malta. Yesterday, someone blew up her car with her in it, reminding MLROs, etc. everywhere of why confidentiality is a matter of their personal safety.

A purported mailing list broker is marketing a list of users of money laundering, etc. risk management software. There are clear security implications for officers in sensitive functions, if the list is what it claims to be and money laundering risk officers, etc. should therefore be aware that information relating to them and their employers and suppliers is being indiscriminately touted for sale.