Money Laundering Bulletin
UK government launches anti-corruption strategy
The British government has announced its long awaited anti-corruption strategy, issuing a paper detailing a comprehensive list of reforms, including significant anti-money laundering (AML) and anti-fraud components. [1] The paper said the programme would have four elements: “Prosecuting and disrupting people engaged in corruption (Pursue); preventing people from engaging in corruption (Prevent); increasing protection against corruption (Protect); and reducing the impact of corruption where it takes place (Prepare).”