Charlie Delingpole Blog

www.delingpole.com

Month: January 2021

The impact of Janet Yellen on National Security and AML in 2021

Janet Yellen’s confirmation as treasury secretary is bound to have a significant impact on a range of issues, including but not limited to: Coronavirus and spending: PPP relief, and the potential for increased sympathetic fraud China: Changes in sanctions, particularly…

Frank Slootman: “no strategy is better than its execution”

“The board saw [the former CEO] taking Snowflake to the moon and believed Slootman could pilot the ship to Mars.” Frank Slootman is the CEO of Snowflake, and is one of the most well credentialled CEO’s in Silicon Valley, having…

Anti-Money Laundering Act of 2020

The Anti-Money Laundering Act of 2020 is the biggest change to AML legislation in the US in a generation. Key elements include: Fincen to collect data on UBO’s (whereas EU saw UBO registers). The precise mechanism of implementation has been…

What does the OCC Interpretive Letter mean regarding INVN and Stablecoins means for Payment Companies?

The former Coinbase Chief Legal Officer, who is now Chief Comptroller of the OCC, issued an interpretive letter stating that it was fine for banks to use stablecoins and INVN’s (“blockchains”) Winners: Crypto Exchanges like Coinbase. Banks will have to…

Anti-Money Laundering Crypto

Is OCC Comptroller Brian Brooks is driving the big crypto price boom?

  It’s not just hedge funds that are driving the crypto price boom: structural pressure from OCC Comptroller Brian Brooks is also important. As we know from the life of Robert Moses, the post-war New York bureaucrat lionized as the…

Anti-Money Laundering

2021 Predictions

Vaccine Roll-Out End of lock-down by May: in the UK  – 2m jabs weekly, meaning large immunisation by April, with some slippage so potentially by May we should be out of the lock-down.  We will not be “back to normal”…