Financial Crime Financial Crime

Group of UK lawmakers push for 'failure to prevent' clauses to toughen financial crime bill

By Martin Coyle
  • 23 Jan 2023 16:55
  • 23 Jan 2023 16:55
Money laundering and fraud could face tougher penalties in the UK if a group of lawmakers can get amendments they are planning to the proposed economic crime bill through Parliament.

In a debate due tomorrow and Wednesday, parliamentarians will push for changes to the Economic Crime and Corporate Transparency Bill that could see

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Martin Coyle

Senior Correspondent

Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.

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