This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

UK anti-money laundering supervisors must improve, oversight body says

( September 23, 2024, 09:33 GMT | Official Statement) -- MLex Summary: UK anti-money laundering supervisors in the legal and accounting sectors have to do “much more” to improve, the Office for Professional Body Anti-Money Laundering Supervision, OPBAS, said. A large proportion of supervisors were assessed as only “partially effective,” with gaps in enforcement identified, inconsistent approaches and limited AML resources. OPBAS, which sits within the Financial Conduct Authority, supervises the AML approach of 25 professional bodies including the Institute of Chartered Accountants, the Solicitors Regulation Authority and the Bar Standards Board.  Statement below, report attached. ...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login