The UK is not effectively supervising the legal and accountancy professions for money laundering risks, according to the latest assessment of the 22 supervisory authorities responsible for overseeing the sectors. AML supervisory reform
Without serious reform and investment, the National Crime Agency’s ability to protect the public from major threats, including corruption, money laundering and organised crime, will be critically compromised, according to...
Summary The Solicitors Regulation Authority (SRA) – which polices anti-money laundering (AML) compliance in solicitors firms – has recently made welcome strides in taking enforcement action against money laundering breaches....
A group of anti-corruption NGOs has written to Foreign Secretary David Lammy urging the UK government to take swift action to identify, seize and return assets stolen from the people...
The UK’s unique use of its aid budget to fund law enforcement efforts to combat international corruption falls far short of what’s needed despite delivering “welcome and valuable enforcement outcomes,”...
Several recent major court cases in the UK have shown how vulnerable arbitration can be to abuse by corrupt actors. As a major centre for international arbitration – settling disputes...
Six years after the National Crime Agency (NCA) applied for the first-ever Unexplained Wealth Order, it has this month secured the forfeiture of two luxury properties – a house in...
Today Mozambique substantially won its $3.1 billion claim against Abu Dhabi shipbuilder Privinvest over its role in a corrupt conspiracy to secure government-backed loans over a decade ago for a...
