New watchdog to oversee profession’s anti-money laundering regime

//New watchdog to oversee profession’s anti-money laundering regime

New watchdog to oversee profession’s anti-money laundering regime

The Treasury is to open a new front in the fight against money laundering by creating a watchdog that will tackle potential weaknesses in the supervision of lawyers and other professionals. Housed at City regulator the Financial Conduct Authority, the Office for Professional Body Anti-Money Laundering Supervision (OPBAS) will complement updated draft AML regulations, published yesterday.

By | 2017-03-20T11:18:22+00:00 March 17th, 2017|Uncategorized|0 Comments

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