HMRC fines for money laundering ‘more than double in a year’

The Treasury has created a new watchdog to "tighten the UK’s defences against dirty money whilst minimising unnecessary burdens on legitimate business".

160 properties worth over £4bn have been 'identified as being purchased by high corruption-risk individuals', reports the Joint Committee on the Draft Registration of Overseas Entities Bill

The EU's Fifth Money Laundering Directive is slated to come into play in January, requiring UK letting agents dealing in rents above €10k per month to carry out AML checks on their clients.