The Criminal Finances Bill
On 13 October 2016 The Criminal Finances Bill was introduced to the House of Commons. The Bill signals significant changes to the way the government will now tackle money laundering and corruption, recover the proceeds of crime and counter terrorist financing.
The latest RFS Financial Crime Briefing addresses this new legislation. Financial crime industry stalwart Sue Thornhill puts her expert eye on the detail. Her report distils the critical elements of The Criminal Finances Bill in a way that is accessible and relevant to MLRO’s and Senior Managers.