Chris Stott and Alex Spurgeon of Eversheds Sutherland’s corporate crime and investigations team, have shared Four anti-money laundering changes to watch out for in 2024.

Financial crime will continue to be a focus for the Financial Conduct Authority this year.

According to its latest annual report, 613 financial crime supervision cases were opened in 2022/23 – an increase of 65% from 2021/22 and 10% from 2020/21.

Furthermore, of the FCA’s open cases, 162 were criminal and 138 “dual track” (both criminal and regulatory) investigations.

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