Financial Crime Financial Crime

New UK dirty-money laws a big advance for enforcers, economic crime agency chief says

By Martin Coyle
  • 31 Jan 2023 10:50
  • 31 Jan 2023 12:00
New UK legislation designed to tackle dirty money flows represents an important step for enforcers despite concerns that it was rushed through Parliament, a senior official said today.

The Economic Crime (Transparency and Enforcement) Act was passed in March last year as an emergency response to Russia’s Feb. 24 invasion of

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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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