UK Unveils Major Overhaul of Anti-Money Laundering Rules for £300 Billion Business Services Sector
London, UK – The United Kingdom government has announced significant plans to streamline and reform its anti-money laundering (AML) regulations impacting the country’s vast professional and business services (PBS) sector. The proposed changes, slated for implementation by the end of 2025, aim to make compliance rules clearer and more proportionate to the actual risks faced…