Events listed in Money Laundering
HMRC issues £3.2 million in money laundering penalties
ID 23622
The HM Revenue & Customs (HMRC) has released its latest statistics on firms that have violated the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, the key regulations in UK pertaining to money laundering. According to the HMRC, it has fined hundreds of businesses a combined total of £3.2 million for violating anti-money laundering regulations. These fines were ...