On 28 April, Reuters reported that the Office for Professional Body Anti-Money Laundering Supervision (OPBAS) said in its annual report that legal and accounting bodies in the UK continue to show significant weaknesses in policing how their members apply AML rules.
https://uk.sports.yahoo.com/news/uk-legal-accounting-bodies-weak-110026443.html
https://www.fca.org.uk/publication/correspondence/opbas-hmt-mlr-46a-supervisory-update-march-2023.pdf
https://www.fca.org.uk/about/how-we-operate/who-work-with/opbas
https://www.lawgazette.co.uk/news/aml-watchdog-demands-more-ambition-from-professional-regulators/5115884.article
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Author: raytodd2017
Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section
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