News

18 January 2021

Jessica Parker quoted in FT and Law360 on payments firm fined record £23.8m for AML failings

Partner Jessica Parker has been quoted in the Financial Times and Law360 on HMRC issuing a record-breaking fine of £23.8 million to a payments firm for anti-money laundering failings.

“The record fine issued to MT Global today is the latest in a line of cases pursued by HMRC against money services businesses. This industry has been a focus of HMRC’s money laundering compliance activity for some time,” she said.

You can read the full article in the Financial Times with a subscription and the Law360 article by clicking here.

TwitterLinkedInEmail