Better Laws

Lawyers face near impunity for breaching money laundering rules in UK

Law firms in the UK face almost zero risk of criminal enforcement if they breach money laundering rules, and very little prospect of meaningful fines, according to a report released...

HMRC faces ongoing performance gaps that undermine effective AML supervision, despite recent improvements

• Dr Daniel Beizsley

HMRC’s latest annual self-assessment report of its performance reveals seven problem areas that are undermining its effectiveness as an anti-money laundering (AML) supervisor.

UK’s ongoing weak link in the fight against dirty money – the supervision of lawyers and accountants

The 2021 review of how the UK’s 22 different legal and accountancy supervisors (known as Professional Body Supervisors or PBS), are performing in terms of combating dirty money was released...

Settling with kleptocracy – do the UK’s civil recovery settlements let money laundering suspects off the hook?

• Dr Susan Hawley

6th July 2021 Some initial thoughts from Susan Hawley, Executive Director of Spotlight on Corruption   From the reaction on social media, yesterday’s National Crime Agency (NCA) settlement with Izzat Javadovaand...