Following a public consultation on ‘Improving the Effectiveness of the Money Laundering Regulations’, the government is bringing forward targeted amendments to close regulatory loopholes, address
On 11 March 2024, HM Treasury launched a consultation on the Money Laundering, Terrorist Financing, and Transfer of Funds (Information on the Payer) Regulations 2017
To support the payments sector in delivering economic growth, the government has published the National Payments Vision, setting out its ambition for the sector to
In her first Mansion House speech, the Chancellor announced a package of reforms that the Treasury hopes will ensure the UK’s status as a global
HM Treasury has initiated an open consultation aimed at refining the Money Laundering Regulations (MLRs) to bolster their effectiveness while reducing burdens on legitimate customers.
In recent years, financial scams have become increasingly sophisticated, preying on unsuspecting consumers through various means, including cold calling. To tackle this growing menace and