New AML duties for UK financial watchdog raise concerns of overload
By Martin Coyle and Sofia Gerace ( October 21, 2025, 16:10 GMT | Comment) -- Handing the UK’s financial markets regulator responsibility for supervising accountancy and law firms in relation to money laundering is a bold move, but questions remain as to how the new “super regulator” will handle its new duties. They will add to a sharply expanding burden for the Financial Conduct Authority, and it is unclear how the regulator will be able to cope.Handing the UK’s financial markets regulator responsibility for supervising accountancy and law firms in relation to money laundering is a bold move, but questions remain as to how the new “super regulator” will handle its new duties....
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