08 Mar 2019
Britain must not go soft on anti-money laundering standards to win trade deals after it leaves the European Union, a panel of lawmakers said on Friday.
The report on economic crime from parliament’s Treasury Select Committee (TSC) also called for better estimates for such crimes, and for a single supervisor of Britain’s 25 bodies that enforce anti-money laundering rules.
Britain’s tax and revenue service should ensure that all estate agents are registered with it to ensure compliance with rules aimed at stopping proceeds of corruption being stashed in property, the report said.
By Huw Jones, Reuters, 7 March 2019
Link to Reuters
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