In the world of high finance and banking, there are lots of complications. With multiple levels of interest rates for consumers and for other institutions, bonuses, kickbacks, hedge funds, and actuaries, it’s impossible for anyone to know everything about what is going on. Whilst all of us, no matter where or who we are, will likely be subjected to an AML ID CHECK, such as those from www.w2globaldata.com/regulatory-compliance-solutions-and-software/aml-id-checks/ at some point, there are many examples of financial wrongdoing.
One of the best shows about this is the Netflix hit “Dirty Money”. This is a show that seeks to illustrate all of the issues that can arise in the world of finance and how it can be easily manipulated by the people that run them, governments or successful individuals that work with the system.
The show’s main aim is to try and dissuade us from allowing Governments to bring in more and more financial deregulation. This was the case prior to 2008, when a sudden crash in the USA’s mortgage market meant that cash was severely restricted and banks needed to be “bailed out” by the public purse. In the UK, stringent rules and regulators, such as the Financial Conduct Authority, were created in several markets to stop this from happening again. Dirty Money shows what would happen if they weren’t there. With the world moving to a period of increased doubt and insecurity, it’s good to bear in mind the lack of ethics many in higher positions can show.