Global Horizon Scanner: AML enforcement on the rise

In the first instalment of our global horizon scanner series, our global investigations team considers the growing trend of regulatory enforcement relating to anti-money laundering (AML). 

In the UK, there have been consultations relating to the AML and counter-terrorism financing (CTF) supervisory system. With the Financial Conduct Authority set to become the single professional services supervisor with consolidated responsibility for AML and CTF, HM Treasury is seeking views on the FCA’s duties, powers and accountability mechanisms.

For more information on global developments in AML enforcement, read the full article here.