On 19 December 2022, HM Treasury published the anti-money laundering and countering the financing of terrorism (AML/CTF) supervision report 2020-22.

The report provides information about the performance of AML/CTF supervisors between 6th April 2020 – 5th April 2022 and fulfils the Treasury’s obligation, under section 51 of the Money Laundering Regulations (MLRs), to publish an annual report on supervisory activity.

The report includes supervisory and enforcement data on both the statutory and Professional Body Supervisors, highlighting notable changes in supervisory activity and fines that supervisors have issued.