Preventing financial crime – focus on prevention and deterrence

The prevention of financial crime is a perennial regulatory hot topic. The UK, in common with other major economies, has seen change in its laws over recent years, strengthening and modernising those already in place. The year 2013 shows no signs of a let up in the continued drive to prevent financial crime and to take effective regulatory action against those who fail to do so. In this article, Emma Radmore looks at recent initiatives affecting UK businesses.