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Rapid Response Team: 0800 559 3500
Switchboard: +44 (0)203 947 1539
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Niall Hearty considers the UK government’s consultation on reforms to the Money Laundering Regulations

Author: Niall Hearty  12 April 2024

Posted in : Anti-Money Laundering .

The government’s consultation on proposed changes to the Money Laundering Regulations (MLRs) was the subject of an article by Niall Hearty.

In his piece, which was published by Solicitors Journal, Niall says that the consultation document, “Improving the effectiveness of the Money Laundering Regulations’’, is the result of HM Treasury’s wish to make anti-money laundering rules more proportionate for companies and their customers and to clarify when checks are needed. 

He explains that the consultation is part of a wider programme of work aimed at reducing money laundering, as set out in the Economic Crime Plan 2023 to 2026. 

Niall outlines the background to the consultation. He concludes that it is difficult at this stage to assess what the impact of the consultation will be.

The full article can be read here.

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Niall has a wealth of corporate crime expertise and an ability to coordinate global bribery and corruption cases. His achievements in such investigations have made him a logical choice for corporate clients.

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