uk iconUK

HMRC ramps up fines for money laundering failures

Fines imposed by HMRC for failing to comply with anti-money laundering obligations increased by 91 per cent last year.

HMRC ramps up fines for money laundering failures
smsfadviser logo

The financial services regulatory consultancy, fscom, says the value of fines imposed on businesses rose to £2.3m last year.

Read more at Economia

Subscribe to Financial Accountant

Receive the latest news, opinion and features directly to your inbox