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Money-laundering levy will be used to boost UK reporting, government says

By Martin Coyle ( July 22, 2020, 14:23 GMT | Insight) -- A levy on banks expected to generate 100 million pounds a year will be used to improve systems designed to report money laundering and fund additional investigators tasked with rooting out dirty money, the UK government has said.A levy on banks will be used to improve UK systems to flag up suspected money laundering and fund an uplift in the number of investigators tasked with rooting out dirty money, the country's government has said....

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