Long short – UK thematic review of AML in the capital markets

Denis O’Connor is a Fellow of both the Institute of Chartered Accountants in England & Wales and the Chartered Institute of Securities and Investment. He was a member of the British Bankers’ Association Money Laundering Committee from 2003-10 and a member of the Joint Money Laundering Steering Group’s Board and Editorial Panel between 2010 and 2016. He has been a frequent speaker at industry conferences on financial crime issues, both in the UK and abroad.

Despite operating at the heart of the financialsystem, UK capital market participants are underperforming against regulatory anti-money laundering standards. Denis O’Connor assesses the Financial Conduct Authority’s findings.