UK’s Data (Use and Access) Act 2025 strengthens financial crime controls by improving regulators’ access to data, tightening digital ID checks, and facilitating secure intelligence sharing

The UK’s new Data (Use and Access) Act 2025 is now law, strengthening the country’s financial crime framework. The legislation gives regulators faster access to customer and business data, introduces stricter digital ID checks and signature requirements, and establishes secure channels for information sharing between banks, regulators…