Refused DAMLs up, assets denied down - UK FIU annual report

In the year to March 2024, the UK financial intelligence unit (UKFIU) refused consent to go ahead with a transaction following a defence against money laundering (DAML) report, where there was no previous law enforcement investigation, 61% more times than in the previous 12 months.

In the year to March 2024, the UK financial intelligence unit (UKFIU) refused consent to go ahead with a transaction following a defence against money laundering (DAML) report, where there was no previous law enforcement investigation, 61% more times than in the previous 12 months.