New Anti-Money Laundering Bill Could Have Limited Effect
Dechert Associate, Matthew Banham, speaks to International Financial Law Review (IFLR) on the likely impact of the UK Sanctions and Anti-Money Laundering Bill, currently passing through Parliament. Mr. Banham discusses the criticism levelled at the current Suspicious Activity Report (SAR) regime and the potential for reform, as well as the associated risks of doing business with companies who operate in offshore havens.
Mr. Banham specialises in corruption, fraud and financial services regulatory enforcement. He focuses his practice on multi-agency and cross-border investigations. His expertise gained from the financial service industry, the FCA and the SFO means he is adept at providing both compliance and strategic advice to firms and individuals.
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