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
The UK’s National Crime Agency – widely dubbed Britain’s FBI – is at a crossroads. If it is to be at the forefront of the UK’s fight against serious and...
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...
Corruption costs lives in developing countries and the UK is part of the problem. Its army of ‘professional enablers’ (including bankers, lawyers, estate agents and accountants) help to launder and...
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...
