Parv Consulting

15/08/2018

We are currently offering a Consultation until the end of the year. Please follow the link below for further details and feel free to forward this onto anyone whom you feel could benefit.
http://bit.ly/FreeAMLConsultation

19/07/2018

Filing Suspicious Transactions Reports ( ) are a crucial part of any program. As a result I have compiled a list of "Do’s and Don’ts" of STR filing to ensure good quality STRs and less workload for companies and intelligence agencies alike.

Filing Suspicious Transactions Reports (STRs) are a crucial part of any AML program. As a result I have compiled a list of "Do’s and Don’ts" of STR filing to ensure good quality STRs and less workload for companies and intelligence agencies alike.

11/07/2018

Russian poising scandal regarding Sergei Skripal leads to the making their offshore tax havens more transparent. How did this happen and what does this mean? Please read on as I piece things together and explain the ramifications.

Sergei Skripal's poising scandal has lead the UK to make their offshore tax havens more transparent, which is a game changer in AML efforts.

28/06/2018

With breathing down Hong Kong's neck, boarder currency controls will finally be introduced just in time for FATF's inspection later on this year. Let me piece together the story for you and explain what this means.

With FATF breathing down our neck Hong Kong will finally enforce boarder currency controls, just in time for FATF's inspection later on this year. Let me piece together the details for you and explain what this means.

21/06/2018

The has agreed to force exchanges to identify their users, which will only serve to boost the legitimacy of .

The EU has agreed to force Cryptocurrency exchanges to identify their users, which will only serve to boost the legitimacy of Virtual Currencies.

13/06/2018

and both clamp down on . I am glad that they do agree on something, and their concerns are justified.

India and Pakistan both clamp down on Cryptocurrencies. I am glad that they do agree on something, and their concerns are justified.

04/06/2018

are an essential part of an program. For in , AML audits are only starting to catch on, but this is not necessarily good news. http://bit.ly/AuditProblems

External AML Audits are an essential part of a compliance program. It shows that a company follows their stated policy and helps identify areas of concern and improvement. For SMEs in Hong Kong, AML audits are only starting to catch on, but this is not necessarily good news.

25/05/2018

What does India's biggest case have to with ? Please read on as I connect the dots of how Hong Kong played an important role in laundering the illicit proceeds of a billionaire fugitive diamantaire.

What does India's biggest fraud case have to with Hong Kong? Please read on as I connect the dots of how Hong Kong played an important role in laundering the illicit proceeds of a billionaire fugitive diamantaire.

24/05/2018

Over the years we have come across many policy manuals, some that are organised and well written, to others that deserve to be set on fire. Here are 6 basic mistakes to avoid. http://bit.ly/AMLPolicyMistakes

Over the years I have come across many AML policy manuals, some that are organized and well written, to others that deserve to be set on fire. Here are 6 basic mistakes to avoid.

23/05/2018

Cold-calling telemarketing is a pervasive nuisance that the government in Hong Kong is hesitating to address. There are things we can do in the short term and to pressure the government into tackling the problem.
http://bit.ly/StupidColdCalling

Have you ever been in the middle of something important, or on holiday and then your phone rings only for an annoying telemarketer to fire Cantonese at you like a machine gun? I have, and there are things we can do to partially solve the problem in the short term and to provide permanent reprieve in...

22/05/2018

There are many worrying trends among in , here are my Top 5 Worrying Trends that I have noticed in the market as of late. http://bit.ly/5WorryingTrends

There are many worrying trends in the High Risk Business Industry, here are my top Top 5 Worrying Trends that I have noticed in the market as of late.

21/05/2018

Here are the 10.5 worst excuses for having an ineffective compliance program that I have come across during my many years of working with in the Industry.
http://bit.ly/ComplianceExcuses

Here are the 10.5 worst excuses for having an ineffective compliance program that I have come across during my many years in the Anti-Money Laundering Industry.