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Money Laundering Bulletin

UK Revenue & Customs fines rise in value, fall in volume

HM Revenue & Customs levied fines for anti-money laundering breaches totalling UK£2,258,657 in the 12 months to 31 March 2018, almost double the previous year’s figure of UK£1,182,179 according to data obtained under a Freedom of Information request by Fortytwo Data, the AML and sanctions screening specialists.

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