Alekseev Alexandr

Let's return to the question about Due Diligence. Part 1 Banking secrecy as a ticket to commercial success

Perhaps one of the most popular questions that we hear for the last 12 years of our practice, sounds as follows: "Which bank, for the present day, does not ask questions when opening an account and in its further applications?" And now, for the last 3 years, we always answer like this: "No miracle happened! No! ".Why are we so adamant? And what has made us to come to such conclusion? Let's try to imagine...

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Andorra 
Belgium 
United Kingdom 
Denmark 
Italy 
Liechtenstein 
Luxembourg 
Netherlands 
Switzerland 
and 7 more
17 August 2015

Let's return to the question about Due Diligence. Part 2 FATF group and short history about anti-money laundering

It began long before the terrorist attacks on September, 11 - in 1989, when the FATF group (Financial Action Task Force on Money-Laundering) was created. It is an intergovernmental organization, whose aim is the development of standards against money laundering and financing of terrorism both nationally and internationally.The activity of this organization has become a major driving force of this struggle....

Austria 
Andorra 
Belgium 
United Kingdom 
Denmark 
Italy 
Liechtenstein 
Luxembourg 
Netherlands 
Switzerland 
and 7 more
17 August 2015

Let's return to the question about Due Diligence. Part 3 What to do?

If after responses, mentioned above, the questioner persisted: “And yet, where to find the most “incurious Bank”?”, then we offer to consider the financial institutions of the following countries:Libya, Cuba, Nigeria, possibly Zimbabwe, well, and of course, North Korea. But there you will be asking quite different questions…Well, if you (temporarily) give up the ironic idea...

Austria 
Andorra 
Belgium 
United Kingdom 
Denmark 
Italy 
Liechtenstein 
Luxembourg 
Netherlands 
Switzerland 
and 7 more
17 August 2015

Virtual Affairs: the bank of the future has no borders - it's where its clients are

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