U.K. Anti-Crime Agency to Focus on Money Laundering to Protect London as a Global Financial Center

By Irene Madongo

The United Kingdom's national economic crime unit will launch a new assault on money laundering in what it sees as an essential fight to protect the country's reputation as a financial center, a top official in the agency said Thursday, in an interview with ACAMS "Dealing with money laundering is important as the [National Crime Agency] is keen to protect the U.K.'s image as a safe place to do business, which [in] turn protects the wellbeing of the U.K. and its people. There is a lot going on with money laundering, and we cannot be seen to be doing...