HMT publishes AML/CTF: Supervision Report 2019-20

The report includes supervisory and enforcement data on both the statutory and Professional Body Supervisors, highlighting in particular: any notable changes in supervisory activity (including interactions with supervisors’…

FCA fines NatWest over AML failures

NatWest fined £264.8 million after failing to comply with account-monitoring requirements, becoming the first bank to be criminally convicted under the UK’s AML regulations. The ‘red flags’ that were reported included significant amounts…

Chatham House report on UK’s problem with kleptocracy

The Paper details the laundering of monies and reputations by elites from Eurasia’s kleptocratic states, and the material and reputational damage rendered to the UK’s sovereignty and democracy. It includes removing legal loopholes, establishing transparency in...

Home Office Drug Recovery Champion annual report

The report outlines the work Dr Day has undertaken since his appointment and sets out his future work programme. He will inform the Government’s policy and practice in the context of our ambition to protect vulnerable people who are dependent on drugs and reduce drug...

HMT Financial Inclusion Report 2020-2021 

The Financial Inclusion report outlines the government’s progress to tackle financial exclusion over the last year and to ensure that all individuals, regardless of their background or income, have access to useful and affordable financial products and...