A recent survey has revealed that 36% of firms in the emerging financial sectors of the UK have experienced instances of money laundering or financial crime in the past six months. The banking sector has been particularly affected, with 42% of banks acknowledging being victims of such crimes during this period. The survey, conducted by SmartSearch, collected insights from compliance decision-makers across various sectors, including banking and property development.
Of the participants, 41% reported an increase in attempts at financial crime over the past year, but the majority felt that there had been no significant change in the frequency of these criminal activities over the year. The findings have raised concerns about the growing risk of money laundering and financial crime, not only to businesses but also to the wider public and the economy.
By FCCT Editorial Team
, an independent military force, and allied militias in Sudan raped several dozen women and girls in West Darfur’s capital, El Geneina, and those fleeing to Chad between late April and late June 2023, Human Rights Watch said today. The assailants appear to have targeted people because of their Massalit ethnicity and, in some cases, because they were known activists.){kind=link}