Money Laundering Bulletin
Will the levy break, or break you first?
John Binns (+44 (0)20 7430 2277, jbinns@bcl.com) is a partner in the businesscrime and corporate regulatory department of BCL Solicitors LLP (www.bcl.com).
The UK Budget on 11 March 2020 included a levy – figure(s) yetto be determined - on regulated firms to help fund the fight
against financialcrime.
John Binns of BCL Solicitors questions the rationale.