The UK, as a major financial centre, and its Overseas Territories and Crown Dependencies, have long been attractive destinations for laundering dirty money. While there is no official figure for how much money is laundered through the UK, the National Crime Agency found that there was a “realistic possibility that the scale of money laundering impacting the UK is in the hundreds of billions of pounds annually”.
We track whether the UK’s laws designed to deter the laundering of corrupt money and confiscate the proceeds of corruption are working. We focus on:
For more information, please contact:fwood@burness.com FOR IMMEDIATE RELEASE 28 April 2026 Ahead of the UK-hosted Illicit Finance Summit – a groundbreaking opportunity to tackle ‘tainted gold’ flowing through the global...
Gold is no longer simply a financial asset or commodity. It has become a strategic vehicle for organised crime, sanctions evasion, corruption, and political control. Its high value and ease...
The government’s plan to raise the bar for including consultation requirements in legislation is a risky move that could threaten public trust in politics.
The government’s plan to raise the bar for including consultation requirements in legislation is a risky move that could threaten public trust in politics.
At a glance: Introduction The latest report from the Office for Professional Body Anti-Money Laundering Supervision (OPBAS) comes at a pivotal time as the government progresses plans to transfer supervision...
A new tool tracking the progress of anti-money laundering (AML) supervision shines a light on the real weaknesses and inconsistencies in the current supervisory regime and underscores the urgency of...
Today the Treasury announced long-awaited plans for a radical overhaul of the UK’s anti-money laundering (AML) supervisory regime which will see the Financial Conduct Authority (FCA) step up as a...
