Better Laws

Patchy progress towards effective AML supervision highlights the urgency of reform

• Dr Helen Taylor

In the dying days of 2022, HM Treasury released two years of covid-backlogged data on Anti-Money Laundering (AML) supervision in the UK. This 2020-2022 report yields no clear picture of...

Is long-awaited reform of the UK’s outdated corporate prosecution rules coming one step closer?

• Dr Susan Hawley

Today, veteran economic crime campaigner Margaret Hodge MP put forward some bold and crucial amendments to the Economic Crime and Corporate Transparency Bill currently going through Parliament to dramatically improve...

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...