Total fines fall and change awaits - UK AML supervision report 2023/24

The UK government says in its 12th annual report on the performance of anti-money laundering supervisors, covering 2023/24, that it "remains committed" to reforming the superstructure of 25 regulators that police obliged entities: four options were put forward in 2023 and a plan is now "a priority": no date set.

The UK government says in its 12th annual report on the performance of anti-money laundering supervisors, covering 2023/24 [1], that it "remains committed" to reforming the superstructure of 25 regulators that police obliged entities: four options were put forward in 2023 [2] and a plan is now "a priority": no date set.