Report:
On The Frontline
The UK's Fight Against Money Laundering
200+ anti-money laundering professionals share their views
The amount of dirty money infiltrating the UK economy is unknown, but likely to be in upwards of £100bn annually1, placing the UK firmly on the frontline of the fight against money laundering. But is our response good enough?
LexisNexis® Risk Solutions, working with the Economist Intelligence Unit*, has surveyed more than 200 professionals charged with combatting money laundering, to gauge the mood in the trenches. The resulting intelligence exposes we have much more to do and highlights:
- Barriers faced to combatting money laundering
- The biggest money laundering risk faced by the UK in the next 12 months
- A need for greater collaboration across sectors and stakeholders
With respondents from across industries including banking, fintech, real estate, legal and gaming, the report provides a holistic view of the battle against money laundering from the frontline – download your complimentary copy.
The ‘Money Laundering Exposed’ Initiative
If the UK is to effectively combat the flow of illicit funds, frank and open conversations with those on the frontline are required. LexisNexis® Risk Solutions is creating a platform for these discussions to take place and be shared, through its latest insight initiative – Money Laundering Exposed.
On the Frontline: The UK's Fight Against Money Laundering © 2019 The Economist Intelligence Unit Ltd. All rights reserved.
Whilst efforts have been taken to verify the accuracy of the information in ‘On the Frontline: The UK's Fight Against Money Laundering’, neither The Economist Intelligence Unit Ltd. nor its affiliates can accept any responsibility or liability for reliance by any person on this information.
* Please note, other than those reports for which it is directly credited as having written, the EIU is not responsible for content in the ‘Money Laundering Exposed’ initiative.
1. National Strategic Assessment of Serious Organised Crime, National Crime Agency, 14 May, 2019, https://issuu.com/nca_uk/docs/official_nsa_-_final_for_web_8d54fba93a80de?e=38089831/69834688
Combat money laundering with innovation, insight and technology
Know your customer capabilities to support anti-money laundering compliance