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OPINION: Time for firms to up their game on AML compliance

Figures of Businesspeople with Dollar Sign Heads
Photo: Getty Images

Following a recent FCA review into firms’ money laundering defences, Tony McClements gives advice on how to stay ahead of the regulatory curve.

The UK’s financial services regulator has recently highlighted an urgent need for wholesale brokers to strengthen their anti-money-laundering (AML) frameworks.

These brokers play a crucial role in keeping the wheels of our financial services sector revolving, facilitating large-scale financial transactions between institutional clients such as banks, investment funds and

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