UK Shifts AML Focus to Disrupting Illicit, Tech-Enabled Networks

The United Kingdom is preparing to spend 500 million pounds and hire hundreds of new financial crime specialists as it shifts its anti-money-laundering strategy from pursuing individual offenders toward disrupting the increasingly technology-enabled financial networks that allow illicit money to move. 15) announced that 500 new officers will be deployed across police forces, the National Crime Agency and Crown Prosecution Service under its new Anti-Money Lau