Johnson vows to step up pressure over money laundering in UK

Featured in The Financial Times



“Over the past week, the UK has faced challenges operationalising its own sanction law for use against individuals despite the law being less than a month old,” said Tom Keatinge, founding director of the Centre for Financial Crime and Security Studies at the Royal United Services Institute think-tank. “These amendments suggest the government has to some extent thrown in the towel and will rely on the actions of allies to put in place these sanctions,” he added. “We can be certain that this unfortunate delay has been exploited by those who anticipate being in the government’s sanctions sights.”