Those of you who, over the last two months, have had to deposit large amounts in the bank would have had the opportunity to experience first hand the new regulatory environment in respect of domestic financial transactions. Others of you may have received or will receive requests to provide documentation on yourself and/or each transaction involving your account at the bank. You would have appreciated that the rules of the game have changed even for you, and that all of the laws that you read about being enacted to curtail nefarious criminals, money-launderers and drug traffickers also included you, and have a bearing on your previously normal way of doing business. Similarly in the offshore sector many good and decent clients will have to be inconvenienced for the abuses of the minority. This is not to say that the attack against the crimes of drug trafficking and money laundering of the proceeds of crimes is wrong. Indeed we have possibly already seen the effect of this locally by
