Anti-Financial Crime & Financial Crime Compliance
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AML, Financial Crime, UK

NEWS: UK Companies House and Insolvency Service to set up new AML intelligence units with £19m in funding

Bank Junction in the City of London

By Paul O’Donoghue

TWO of the UK’s most prominent state corporate entities will establish new AML investigative “cells” using ring-fenced funds from the state’s new Economic Crime Levy.

In its annual report, the Companies House, the state agency which maintains the register of companies in the UK, said £19 million will be allocated to both it and the state Insolvency Service (INNS).

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