Wilful Blindness

By ·

wilful blindness
You are here:

Wilful blindness is a legal term for which a person is said to deliberately shut his eyes to the obvious, the result of which he does not care to have, he may be said to have been willfully blind to the truth.

Source: Koo Pui Fong v PP.

Related Post

 Money Laundering Money laundering is one of the key ‘engines of crime’ sustaining global criminal business worth billions of dollars. The task of combating it has become more difficult, due to the increasingly global and virtual nature of financial services and the emergence of technology-enabled factors such as crypto-currencies and anonymisation tools that frustr...
 De-risking The Finanial Action Task Force defines de-risking as: The phenomenon of financial institutions terminating or restricting business relationships with clients or categories of clients to avoid, rather than manage, risk in line with the FATF’s risk-based approach The approach towards de-risking is counter-productive to the goals of an anti-money la...
 BIS updates guidelines on sound management of risks related to money laundering and financing of terrorism The Basel Committee on Banking Supervision has finalised its revisions to the annexe on correspondent banking.These revisions are included in a new release of the guidelines on the Sound management of risks related to money laundering and financing of terrorism, which was first published in January 2014, with a first revised version issued in F...

Reader Interactions

Leave a Reply

Your email address will not be published. Required fields are marked *

Be the first to know
We hate spam as much as you do