18 Dec 2018
HM Treasury Minister John Glen, commenting on the recently published Financial Action Task Force’s (FATF) evaluation of the UK’s anti-money laundering (AML) and counter terrorist financing (CTF) systems, said: “The report recognises that the UK’s AML/CTF regime is the strongest of the over sixty countries assessed by FATF and its regional bodies.”
However, within a few days of the report’s publication, FATF’s conclusions have attracted criticism, such as that raised by the Bond Group, and raised some important questions, rather than answered them.
Are the points justified?
Advance your CPD minutes for this content, by signing up and using the CPD WalletFREE CPD Wallet