A new effort to give U.K. financial institutions broader access to financial intelligence and better feedback on suspicious activity reports will receive more funding as part of a wider drive to tackle high-end money laundering, a senior government official said Thursday.
The National Crime Agency issued a press release announcing it had secured unexplained wealth orders as a part of its investigation into London properties linked to a politically exposed person.
May 28, 2019
The United Kingdom's National Crime Agency announced the first use of new powers under the Criminal Finances Act 2017 to secure two unexplained wealth orders to investigate £22 million in assets that are believed to be ultimately owned by a politically exposed person.
February 28, 2018
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