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

​Comment: UK banks make tech push for smarter money-laundering reports

By Annie Robertson ( November 18, 2019, 12:08 GMT | Insight) -- Banks in the UK gather and process reams of data to help crack down on money laundering and illicit financial flows, but regulators and lawmakers worry that quantity gets in the way of quality. But banks such as HSBC — not long ago better known for its compliance failings — are taking strides to improve the suspicious activity reports they make.After years of pressure on UK banks to do more to stem dirty-money flows through the City of London, regulators now receive close to half a million reports of suspicious transactions each year. Great news, surely?...

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