The Criminal Finances Act passed into UK law on 27th April 2017. It aims to improve the UK’s ability to combat financial crimes – most notably money laundering, corruption, tax evasion and terrorist financing. The Act will do this by creating…
The Fourth AML Directive: Filling the Silence
Although the Fourth Anti Money Laundering Directive is now “set in stone”, the UK does still have some degree of flexibility in how it implements the European requirements. This was what the Head of Financial Crime at the FCA (Rob…