Anti-Financial Crime & Financial Crime Compliance
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Compliance News, EU/Europe

British universities have accepted £52m in cash from overseas students from ‘high-risk’ countries, exposing a money laundering risk

NEWS: British banks given more time to check payments for scams

By Vish Gain for AMLi

BRITISH UNIVERSITIES are the latest group of businesses to be placed under an AML microscope as a recent investigation found £52m in cash have been paid to them by international students from ‘high-risk’ countries over the past five years.

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