UK Govt publishes its Anti-Money Laundering and Asset Recovery Strategy 2026–2029, setting out a 3-year plan to strengthen the fight against ML and recover more criminal assets

The strategy estimates that more than £100 billion may be laundered through the UK or UK-linked structures each year and commits £500 million from the Economic Crime Levy and 500 additional officers to tackle the threat. Asset recovery is also a key priority, with nearly £350 million stripped from criminals, more than £1 billion denied and £26 million returned to victims during a recent year-long crackdown. The strategy shifts the focus towards disrupting…