Two-thirds of UK corporate finance firms in survey must work on AML

Of 270 corporate finance firms which responded to a UK Financial Conduct Authority (FCA) survey, around two in three were found to be in potential breach of the Money Laundering Regulations, falling short on at least one aspect of AML.

Of 270 corporate finance firms (CFFs) which responded to a UK Financial Conduct Authority (FCA) survey [1], around two in three were found to be in potential breach of the Money Laundering Regulations, falling short on at least one aspect of AML.