We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

MPs Demand Overhaul Of UK's 'Fragmented' AML Defenses

Law360, London (March 8, 2019, 12:25 PM GMT) -- A panel of influential lawmakers published a detailed report on Friday describing the U.K.'s anti-money laundering enforcement as “highly fragmented” and recommended broad reforms to bolster the fight against financial crime.

Nicky Morgan, who heads the Treasury Committee, warned the government that it "needs to bring greater order to a fragmented supervisory system" and must work harder to fight the known risks. (AP) The parliamentary Treasury Committee called for reforms to allow HM Revenue and Customs to closely regulate estate agents and for Companies House, the U.K.’s registrar of businesses, to stop professionals using shell companies to conceal the true owners...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

map

Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.

Related

Sections

Government Agencies