CRL has published its 2024-25 AML Supervision Report, summarising our progress in tackling money laundering and setting out priorities for the year ahead.
We have strengthened our supervisory approach through enhanced data collection, more rigorous risk assessments and closer engagement with firms. We’ve also increased the resources available for this important work.
The sector’s overall risk rating has moved from low to medium, mainly due to weaknesses in source of funds checks and AML training. CRL will continue to focus on training, governance and further collaboration with OPBAS and HM Treasury.
Access the full report to find out more, including key highlights, weaknesses identified and our strategic priorities for 2025-26.
