Money laundering continues to pose a serious threat to the UK financial system, costing billions and enabling organized crime to thrive. This practical guide is designed specifically for banking professionals who need to understand their responsibilities under anti-money laundering (AML) law and how to identify and mitigate high-risk activity. Covering essential topics like due diligence, red flags, FATF guidance, and real-world case studies, this guide provides banks with a clear framework for strengthening compliance and protecting their operations. Whether you’re in compliance, risk, or client onboarding, this resource is essential for staying ahead of regulatory expectations and criminal tactics.
Why Download This Guide?
In this guide you will learn:
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How UK banks are impacted by money laundering and the law
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Key warning signs and red flags to watch for in client activity
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Best practices for conducting effective customer due diligence
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How major AML failures, like the HSBC scandal, could have been prevented
