Money laundering

On 21 October 2025, HM Treasury published a Consultation Response providing details of responses to its 2023 consultation on the reform of the anti-money laundering/ counter-terrorist financing (AML/CTF) supervision regime and confirming that the Government has decided that the Financial Conduct Authority (FCA) should become the single professional services supervisor for

On 22 October 2025, the European Banking Authority (EBA) published its fifth and final report on the functioning of anti-money laundering and countering the financing of terrorism (AML/CFT) colleges.

Key findings

The final report notes that overall the EBA found that the state of the colleges’ framework has remained stable since

On 9 October 2025, the Anti-Money Laundering Action Plan Act (Wet plan van aanpak witwassen, the Act) was published in the Dutch Government Gazette. The Act introduces a ban on cash payments of EUR 3,000 or more by traders of goods in the Netherlands.

This measure forms part of the Dutch government’s

On 8 October 2025, the European Banking Authority (EBA) issued a final report on Member State competent authorities’ (NCAs) approaches to the anti-money laundering and countering the financing of terrorism (AML/CFT) supervision of banks.

Background

The final report follows in-depth reviews that the EBA carried out on 40 NCAs’

On 2 September 2025, the Home Office published its outcomes progress report on the Economic Crime Plan 2 (ECP2), which was published in March 2023 and set out how public and private sectors would cut economic crime, protect national security and support the UK’s economic growth. The report provides a summary of key

On 2 September 2025, HM Treasury (HMT) published a draft of the Money Laundering and Terrorist Financing (Amendment and Miscellaneous Provision) Regulations 2025 (the draft SI) alongside a note detailing the policy intention of the draft SI.

The draft SI makes certain technical amendments to the Money Laundering, Terrorist Financing and Transfer

With under two weeks to go until the new UK failure to prevent fraud offence comes into force, this blog discusses the priority actions companies can take in preparation.

On 1 September 2025, the UK’s new “Failure to Prevent Fraud” (FtPF) offence will come into force, reshaping corporate liability for fraud and effectively