UK: Biggest Reforms to Money Laundering Regime in Over a Decade

From Gov.UK

The government’s action plan for anti-money laundering and counter-terrorist finance will deliver on the aim, set out in the strategic defense and security review, to make the UK a more hostile place for those seeking to move, hide or use the proceeds of crime or corruption.

It comes 3 weeks ahead of the Prime Minister’s global anti-corruption summit and demonstrates the UK’s commitment to tackling the issue both domestically and internationally.

The action plan sets out 3 priorities.

Read the full article.