Insights: Financial Intelligence

Not Even Intelligence Analysts Expected the Spanish Inquisition

This link is meant to make intelligence analysts feel a little better about their predictive skills. If there’s a profession renowned for failure to make accurate analysis of forthcoming events, then the profession of economist come top of the class as this article describes. As an aside, one of the authors discussed in the article…

The Importance of Ignorance in Intelligence

Here’s a chewy subject. At IMSL we offer our analytical services to a range of markets. Although most of our in- house talent has been originally drawn from the military and police, we now have significant skill sets in other areas – money laundering, politics, healthcare, and a range of commercial stuff. So, how important…

Integrate it!

Post from Rob Evans, IMSLs financial crime intelligence lead. The word ‘integrated’ has become one of the most significant and frequently used terms in the financial crime prevention arena over the last 2-3 years.  It has been driven predominently by a recognition of the correlation between the various forms of crime typologies and the ever…

Sanctions compliance; North Korea, drugs, guns and money.

This post by IMSL Banking Intelligence lead, Rob Evans. On the 15 July 2013 the Chong Chon Gang, a North Korean flagged freighter was searched and seized by Panamanian authorities on suspicion of drug smuggling.  The search identified a number of Soviet era weapon systems that were reportedly being shipped from Cuba to the Democratic…

Financial Crime…It’s Child’s Play

This post from the IMSL Banking intelligence lead, Rob Evans. On 06 May 2013 Dan “Daisy” Xin Li, 44, co-owner of Woody Toys Inc was sentenced to 14 months in custody for participating in an elaborate money laundering scheme that generated millions of dollars for Mexican and Colombian drug cartels. The technique they employed is…