Labour to launch taskforce into ‘dirty money’ in the City
28 Sep 2021

Labour will set up a taskforce into “dirty money and ill-gotten gains” that have been laundered in the City of London, Lisa Nandy has announced.

The shadow foreign secretary told the Labour party conference this morning that the Taskforce on Illicit Finance will aim to make the UK “the most inhospitable place in the world” for dirty overseas money.

The City of London has long had a reputation as a haven for money laundering for foreign governments and organised crime.

Read more at CityAM

RiskScreen: Eliminating Financial Crime with Smart Technology

Count this content towards your CPD minutes, by signing up to our CPD Wallet