Rabobank frenetic in anti-money laundering compliance (but caught between two fires)
One of the main functions of banks is to handle their customers' payments. Another, lesser-known role of banks has become increasingly important in recent years, which is to protect the financial system from abuse and crime. After all, crime should not pay. Because by opening an account, the bank gives account holders access [...]
Why the media should now refer to Jos B. by his initials
By releasing his photo and full personal details, the prosecution achieved its goal of arresting suspect Jos B. in Spain within a short time. Good detective work. Also with the help of the media who picked up and circulated the press release and press conference en masse. Unfortunately, the media did not stop there. [...]
What example does Eurlings' VOG set for society?
When it became known that Camiel Eurlings, despite his transaction with the OM, had been issued a certificate of good conduct, some surprise was noticeable in the media. Yet this issue was not so surprising as a board member of the NOC*NSF is not a political office holder, for whom, partly because of an exemplary function, a specific screening profile applies with higher integrity requirements. [...]
How the rise in insurance fraud can become a problem of bona fide policyholders.
Fraud can erode citizens' and businesses' confidence in our economic system, undermining tax morale and solidarity. This, in turn, can make those same citizens and businesses more inclined to break the rules for their own gain. After all, someone else is doing it too and the chance of getting caught is apparently [...]