How effective are the current regulations in identifying and preventing money laundering(for example, in the regulated sector)?
Background
To effectively respond to and tackle economic crime, it is important to ensure that government policy and law enforcement activity is having the desired impact. Only through reviewing our responses and understanding ‘what works’ can we seek to adapt and close vulnerabilities and strengthen our response.
Further research on ‘what works’ for economic crime could consider how best to assess ‘what works’ in preventing and disrupting economic crime, particularly given the challenges presented by the hidden nature of the crime types involved. This section also includes some questions that are relevant across all the crime types, as similar questions applying a cross-cutting approach may be of particular value here.
Next steps
Get in touch with NECC-IF-Research@nca.gov.uk EconomicCrimeResearch@homeoffice.gov.uk
Source
This question was published as part of the set of ARIs in this document:
Economic Crime Areas of Research Interest ARI report July 2025 1
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Why might this be relevant?
The project focuses on detecting and reporting fraudulent and suspicious financial activities, which is directly related to identifying and preventing money laundering.
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The (Mis)Use of Corporate Vehicles by Transnational Organised Crime Groups in the Concealment, Conversion and Control of Illicit Finance
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Why might this be relevant?
The project investigates the misuse of corporate vehicles by transnational organized crime groups for concealing illicit finances, which is relevant to understanding money laundering.
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Using Open Banking and Data Technologies to prevent money-laundering in the UK property market
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Why might this be relevant?
The project focuses on using Open Banking and Data Technologies to prevent money laundering in the UK property market, directly addressing the question.