What leaving the EU means for anti-money laundering legislation

The coronavirus pandemic has somewhat eclipsed Brexit this year – which is no mean feat. Cast your mind back to pre-Covid days, and you may remember Brexit was the only subject in town.

It dominated news headlines not just in the UK but internationally too. In January this year, the UK officially left the EU and since then the country has been in a transition period with governments across Europe locked in trade negotiations that come what may, deal or no deal, will end on 31 December.

Planning for a post-Brexit world and what this might look like is what most organisations are doing right now – and this includes those for whom anti-money laundering (AML) checks and procedures form an important part of their business.

Read the full article by Jerry Walters, Managing Director at FCS, on Estate Agent Today