UK AML Reform Targets Professional Services

Posted 10/24/25

The UK government has confirmed that the Financial Conduct Authority (FCA) will assume sole responsibility for anti-money laundering (AML) and counter-terrorism financing (CTF) supervision of professional services providers, including law firms, accountants, and trust and company service providers—marking the most significant overhaul of the AML regime in more than a decade.

This item is available in full to subscribers.

Please log in to continue

Log in