Articles and opinions by Chris Douglas
Keppel case - A wake up call for bankers
The case of Keppel Offshore and Marine being involved in corruption has wider implications than just the company and those involved. Any bank involved in the transfer of funds used to pay of bribes should be concerned.
What banks must do to prevent money laundering
Preventing money laundering is no easy feat, not with both the criminal environment, and product and service risks posing as main hindrances. Frankly, it is up to banks and regulators, such as the Australian Transaction Reports and Analysis Centre, to collaborate and solve this problem.