Reduced bench time but wish me luck - thanks for the support!

[Allen Dewire]

Good stuff Andrew and I can only wish you the best!!! I know you will have no probs with the schooling. Extra cash, while not good for the stash, is always good to have in these trying times.

..... and in English?!!!

I'm with Mr. Smiff as to what you and Ian were talking about. After re-reading it, I think, I have come to the following conclusion(s)......

You are going to school to further your money laundering skills and therefore will be paid more for it. I think, with your current laundering skills, you should be rich enough to stop working all together. I may be wrong, but this seems like a good thing???!!! Is there a sub-course in your schooling to help improve your nicking the hotel chocolates out of the rooms too? Or is that a different school?

In conclusion, please take care of yourself and if you should get caught, just send us your cell number and address and we will try to send some care packages (including saw blades) to help you out during your 20 year stay.......

Prost
Allen

[The Smythe Meister]

Good stuff Andrew and I can only wish you the best!!! I know you will have no probs with the schooling. Extra cash, while not good for the stash, is always good to have in these trying times.


I'm with Mr. Smiff as to what you and Ian were talking about. After re-reading it, I think, I have come to the following conclusion(s)......

You are going to school to further your money laundering skills and therefore will be paid more for it. I think, with your current laundering skills, you should be rich enough to stop working all together. I may be wrong, but this seems like a good thing???!!! Is there a sub-course in your schooling to help improve your nicking the hotel chocolates out of the rooms too? Or is that a different school?

In conclusion, please take care of yourself and if you should get caught, just send us your cell number and address and we will try to send some care packages (including saw blades) to help you out during your 20 year stay.......

Prost
Allen

Cheers Allen...
I think that sums it up nicely

[Tim Marlow]

Cool. Education is never wasted. Put as much in as you can and you will get the most out of it Andrew. Once you get used to the new regime you’ll still work in some bench time. It’s in your blood…..

[spanner570]

Andrew, you lost me (and a few others) on the first few words of your 'Job Description' :upside:

But I'm not lost in wishing you all the best in your future studies and the future in general.

Keep in touch, there's a good lad!

Ron

[Jim R]

All the best Andrew in your endeavours. I'm sure you'll find a bit a bench time to de-stress.
I agree with John totally. How on earth you "workers" find any time to model does you credit. Even us old timers who are retired find it hard at times.

[wotan]

Good luck with the exams Andrew. Like The other John I am retired now but in my earlier life I was involved in derivative products and banking and compliance so I know a little of what you are talking about. Fortunately there weren't as many rules about when I was working it was all a bit seat of the pants.

John

[stillp]

Best of luck Andrew.
Pete

[BattleshipBob]

Very best of luck with the new qualifications

[adt70hk]

..... and in English?!!!

Good for you Andrew , go for it . Most of us are retired, so marvel at the out put those still working manage . Hope you do manage some modeling and to keep in touch .

Good Luck mate!
Steve

Interesting job, Andrew.
Best wishes for your course and final exam.:thumb2:
Bench is patient, will be still there and welcome you as if you never left. :smiling:

Good luck with the exams Andrew. Like The other John I am retired now but in my earlier life I was involved in derivative products and banking and compliance so I know a little of what you are talking about. Fortunately there weren't as many rules about when I was working it was all a bit seat of the pants.

John

Best of luck Andrew.
Pete

Very best of luck with the new qualifications

Good luck Andrew. Now if you could ask your employer to fund my research into making models and the mental health benefits, then that would be greatly appreciated

Thanks for the support! Just shows what a great site this is!!


Andy - Apologies for confusing you!! Basically I have to make sure nasty criminals don't use their ill gotten gains to fund the finance agreements with us!! Oh and if you think my brief introduction was hard to follow.....below is one of the more straightforward extracts from the UK's 'The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017' (Section 28)...........and I am being serious, it really is one of the easier sections to follow!!

Al - love the idea.....but I don't think they will run with it unfortunately....:sad:....it's a German owner and so there are problems with certain symbols.....but in their defence they're very good on the mental health side at least in my experience.

John (Wotan) - glad you were able to follow me!

ATB

Andrew


-----------------------------------------------------------------------------
[HEADING=3]Customer due diligence measures[/HEADING]
Section 28.—(1) This regulation applies when a relevant person is required by regulation 27 to apply customer due diligence measures.

(2) The relevant person must—

(a) identify the customer unless the identity of that customer is known to, and has been verified by, the relevant person;

(b) verify the customer’s identity unless the customer’s identity has already been verified by the relevant person; and

(c) assess, and where appropriate obtain information on, the purpose and intended nature of the business relationship or occasional transaction.

(3) Where the customer is a body corporate—

(a) the relevant person must obtain and verify—

(i) the name of the body corporate;

(ii) its company number or other registration number;

(iii) the address of its registered office, and if different, its principal place of business;

(b) subject to paragraph (5), the relevant person must take reasonable measures to determine and verify—

(i) the law to which the body corporate is subject, and its constitution (whether set out in its articles of association or other governing documents);

(ii) the full names of the board of directors (or if there is no board, the members of the equivalent management body) and the senior persons responsible for the operations of the body corporate.

(4) Subject to paragraph (5), where the customer is beneficially owned by another person, the relevant person must—

(a) identify the beneficial owner;

(b) take reasonable measures to verify the identity of the beneficial owner so that the relevant person is satisfied that it knows who the beneficial owner is; and

(c) if the beneficial owner is a legal person, trust, company, foundation or similar legal arrangement take reasonable measures to understand the ownership and control structure of that legal person, trust, company, foundation or similar legal arrangement.

(5) Paragraphs (3)(b) and (4) do not apply where the customer is a company which is listed on a regulated market.

[adt70hk]

Good stuff Andrew and I can only wish you the best!!! I know you will have no probs with the schooling. Extra cash, while not good for the stash, is always good to have in these trying times.


I'm with Mr. Smiff as to what you and Ian were talking about. After re-reading it, I think, I have come to the following conclusion(s)......

You are going to school to further your money laundering skills and therefore will be paid more for it. I think, with your current laundering skills, you should be rich enough to stop working all together. I may be wrong, but this seems like a good thing???!!! Is there a sub-course in your schooling to help improve your nicking the hotel chocolates out of the rooms too? Or is that a different school?

In conclusion, please take care of yourself and if you should get caught, just send us your cell number and address and we will try to send some care packages (including saw blades) to help you out during your 20 year stay.......

Prost
Allen

Cool. Education is never wasted. Put as much in as you can and you will get the most out of it Andrew. Once you get used to the new regime you’ll still work in some bench time. It’s in your blood…..

All the best Andrew in your endeavours. I'm sure you'll find a bit a bench time to de-stress.
I agree with John totally. How on earth you "workers" find any time to model does you credit. Even us old timers who are retired find it hard at times.

Apologies guys, somehow missed you off the above reply!!

[Guest]

Apologies guys, somehow missed you off the above reply!!

I about this compliance first hand , wanted to give our eldest grandson some money towards his first house. His building society asked for proof where it came from , had to ask my account to sign that it came from my own funds .

[wotan]

What? You couldn't use your ill gotten hoard John?

John

[adt70hk]

I about this compliance first hand , wanted to give our eldest grandson some money towards his first house. His building society asked for proof where it came from , had to ask my account to sign that it came from my own funds .

That's very generous of you!

I also think there is an issue with making sure you're not suddenly going to claim that a % of the house isn't yours because you helped fund the purchase.

[adt70hk]

What? You couldn't use your ill gotten hoard John?

John

Good point.... Given his predilection for all things fire related, he could probably make a good living starting fires for dodgy insurance claims!! :smiling5:

[rtfoe]

Good luck on your exams Andrew. It's always good to be able to learn and still absorb. My grey cells are beginning to loose its absorbency :smiling6:. Your son will keep the bench warm for you.

Cheers,
Wabble