Former Treasury man Barrett launches firm to run money-laundering checks

Richard Barrett and Cormac Doddy have founded Know Your Customer

29th January, 2017
Richard Barrett

Out of the demise of one business has come another for former Treasury property developer and financier Richard Barrett.

The Chinese government has cracked down on its citizens moving money overseas, hitting hard at HXL Group, the fledgling firm he started a year ago. However a new seven-figure backed enterprise has emerged from its demise. Barrett and Cormac Doddy, a former executive at Barrett’s Chinese business, have started Know Your Customer, an international anti-money laundering...

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