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A U.K. judge's approval of plans to seize assets from an underground banker that almost match his entire turnover sets a significant legal precedent in Britain's ongoing campaign against unlicensed money transmission, sources told ACAMS moneylaundering.com. Shunjian Jiang, the 30-year-old scion of a wealthy Chinese family who moved to London in 2014, admitted two years ago to running an unregistered money services business, or MSB, for Chinese nationals in the United Kingdom following a three-year investigation by HM Revenue & Customs, or HMRC. Confiscation proceedings against Jiang ensued after his guilty plea, culminating with this year's ruling by Southwark Crown...