UK lockdown - day thirty-nine

Martin Woods (martin@amlwoods.com) is a former Metropolitan Police Officer and latterly the Head of Financial Crime at Thomson Reuters.

Heading towards the end of week six and the Prime Minister has promised detail on how the lockdown restrictions might gradually be removed. Put another way, the government is going to review the de-risking measures applied thus far. I note that UK firms and banks have, in the past, faced criticism, even litigation, for applying blunt AML de-risking strategies to their businesses.