Abstract
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (“MLR 2017”) came into force on 26th June 2017, further increasing anti-money laundering compliance obligations imposed upon financial institutions and others in the UK.
Against this backdrop, this paper will: identify a growing trend of anti-money laundering policy-making affecting the private sector; explore the correlation of legislative and regulatory measures taken in the UK with those in Europe and globally; and ask whether the measures represent a proportionate and effective response to the perceived threat of money laundering and terrorist financing to national security.
Against this backdrop, this paper will: identify a growing trend of anti-money laundering policy-making affecting the private sector; explore the correlation of legislative and regulatory measures taken in the UK with those in Europe and globally; and ask whether the measures represent a proportionate and effective response to the perceived threat of money laundering and terrorist financing to national security.
| Original language | English |
|---|---|
| Pages (from-to) | 215-231 |
| Journal | The Journal of Criminal Law |
| Volume | 82 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - 1 Jun 2018 |
Keywords
- Anti-Money Laundering
- Timeline
- Regulation
- Proportionality
- Effectiveness
