Topic
Money laundering
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Anti-money laundering (AML)
Laws and controls that require financial firms to detect and report attempts to disguise the criminal origin of money.
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Money mule
A person who receives and moves money on behalf of criminals, knowingly or not. Acting as a mule is a crime in…
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Failure to prevent fraud offence (ECCTA 2023)
Large organisations can be criminally liable if an employee or agent commits fraud intended to benefit them, unless they had reasonable fraud-prevention…
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EU Anti-Money Laundering Regulation & AMLA
A single EU AML rulebook directly applicable in all member states, supervised by the new Anti-Money Laundering Authority.
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The UK’s “failure to prevent fraud” offence is live. Here’s what changed for companies
Since 1 September 2025, large organisations can be prosecuted if staff commit fraud that benefits the company.