Property News · May 12, 2022

Cross-party MPs call for more action on money laundering and corruption


UK is now ‘the jurisdiction of choice for dirty money’, warns parliamentary group as it launches economic crime manifestoThe UK has become “the jurisdiction of choice for dirty money”, harming both its national reputation and democratic institutions, a cross-party group of MPs has warned as they urged a new government focus on money laundering and corruption.An economic crime manifesto launched by the group calls for measures including major transparency reforms for company records, a crackdown on tax avoidance in UK overseas territories, and more resources for enforcement. Continue reading…

Source : theguardian.com
Read more…Cross-party MPs call for more action on money laundering and corruption