Anti-Financial Crime & Financial Crime Compliance
Regulatory Intelligence Leadership | Insight | Network

ABAC, AML, Banking, Financial Crime, Financial Services, Sanctions, UK

NEWS: More powers to seize crypto currencies and sanction Russian Oligarchs in Britain’s new Economic Crime Bill

By AMLi Correspondents

UK LAW ENFORCEMENT is to be given stronger powers to crack down on illicit finance – including tighter sanctions on Russian oligarchs and the ability to seize cryptocurrency assets.

The new powers were outlined under a new Economic Crime Bill delivered in the UK parliament today in the “Queen’s Speech,” delivered in her absence by her son, Prince Charles.

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!