Fine words

Timon Molloy, Editor

The sentiments in the long awaited sequel to the UK Government’s Anti Money Laundering Strategy of 2004 are unarguable but tap the rhetoric of “effectiveness, proportionality and engagement” ever so lightly and there is disquietingly tinny resonance. It is all too easy to criticise but “The financial challenge to crime and terrorism”[1], published by HM Treasury last month, begs as many questions as it provides answers.