Skip to Primary Navigation

Clampdown on dirty money in London has candy stores in its sights

Oxford Street
London’s Oxford Street. Photo: Carl Court/Getty Images

Public, private and third sector bodies aim to rid London of image as ‘laundromat for dirty money’.

Take a walk along Oxford Street, the famous shopping thoroughfare in London’s West End, and you may be struck by the amount of candy on offer. There are 30 stores selling American candy and cheap souvenirs – dubbed ‘tat’ by Londoners – within a one mile area in the district,

Get full access, free for a month

This is a Premium article. Start your 28-day free trial to continue reading and access all content on GRIP – no payment details required.

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience