The UK Government has published the Economic Crime Plan 2 2023-2026.
Chartered Accountants Ireland as a member of the Accountancy AML Supervisors Group (AASG) has participated in the development of this latest Economic Crime Plan 2. This Plan builds on the foundations of its predecessor with new actions to improve the system-wide response to economic crime through enhanced cooperation between government, law enforcement, supervisory agencies and the private sector.
The key outcomes of this Plan are to reduce money laundering and recover more criminal assets, combat kleptocracy and drive down sanction evasion, and cut fraud.
Press release available here.