“Fighting financial crime is a priority for the FCA,” said Mark Francis, director of specialists at the watchdog, adding that it had “driven progress in the way money laundering is tackled in the ...

In July 2025 HM Treasury and the Home Office issued the UK National Risk Assessment of Money Laundering and Terrorist Financing 2025 ('NRA 2025'), while the European Banking Authority (EBA) published ...

Chartered Institute of Management Accountants (CIMA) has stated that although the UK government’s announcement to transfer AML/CTF supervision to FCA is not the outcome of what it recommended, it ...

Under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the “Regulations”), the UK’s AML/CTF regime currently consists of three statutory ...

written by Thea Coates Finance Reporter 7 th Feb 24 8:43 am An analysis of more than 1,600 ‘anti-money laundering (AML) events’ recorded across the UK in the last decade shows money laundering is the ...

The UK’s anti-money laundering (AML) watchdog has identified weaknesses in the way professional body supervisors police companies in the legal and accountancy sectors. In a newly released report, the ...

The UK Financial Conduct Authority only accepted four out of 35 crypto business registrations, citing concerns with money laundering compliance. Nearly 90% of crypto firms applying to be registered in ...

Barclays Plc was fined £42 million ($56 million) over failures to properly identify financial crime risks with two clients. The bulk of the fine is tied to Barclays’ failure to adequately manage money ...

The British Government has announced it will overhaul its anti-money-laundering regulations for professional and business services firms by the end of 2025, aiming to make the rules clearer and more ...

The UK’s Gambling Commission has suspended Deadheat Racing’s operating license after raising concerns about social responsibility and possible anti money laundering failures. Deadheat Racing has been ...