A report from the country's
The report comes almost two years after
The FSA has warned that while the larger institutions are strengthening their anti-money laundering measures the smaller banks may now be at greater risk. It is an argument that needs to be heeded. As the focus of regulation grows ever tighter, those seeking to launder money will be looking for any signs of weakness that could be exploited. This will mean that the banks that have not ensured their controls are sufficiently robust will be the ones who find themselves targeted by opportunists seeking to channel their funds through the banking system.
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Mr
Rahman Ravelli Solicitors
EC4Y 8BQ
Tel: 203947 1539
E-mail: aziz.rahman@rahmanravelli.co.uk
URL: www.rahmanravelli.co.uk
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