The UKFIU has published its SARs Annual Report which shows that Funds Denied from Defence Against Money Laundering (DAML) requests were up by 59% in
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 December 2022, HM Treasury published the “Anti-money laundering (“AML”) and countering the financing of terrorism (“CFT”): Supervision Report 2020-22”. The financial crime report provides
2022 has been an extremely staggering year so far for financial services all across the world. Still in recovery mode from the COVID-19 pandemic, the