We've written a few times in this space about increasing calls for business regulation in the United Kingdom. New regulations approved in the last week have strengthened penalties and oversight relating to money laundering in the UK. These regs come as a response to an EU-wide money laundering directive.

While not everyone is buying the utility of new regulations, the new laws should come as a boon to the corporate investigative set, who will benefit from any new due diligence requirements. The London Stock Exchange discusses this very issue with investigator Kenn Griffiths of Spring Garden Consultancy.

-- MDT

Labels: money laundering, UK