News

From the Editor: Not Going Gently…

In the 2007 film "The Bucket List," terminally ill characters played by Jack Nicholson and Morgan Freeman flee a cancer ward to go out into the world in order to be able to check items off a list of things they'd always wanted to do in life. In contrast, the United Kingdom's Financial Services Authority, which has been given a parliamentary death sentence of early 2013, is staying calm and carrying on with business as usual, only more so. "Only more so" because, while the authority issued no AML-related penalties or enforcement actions in 2011, it announced a record 8.75...

TO READ THE FULL STORY