Get tougher on dirty money, banks are warned

The Daily Telegraph - Business - - Business -

Bri­tish banks need to do more in the fight against dirty money, ac­cord­ing to Bank of Eng­land deputy gover­nor Sam Woods. A new cache of leaked doc­u­ments shows ma­jor banks moved $2 tril­lion (£1.7 tril­lion) in sus­pect funds over nearly two decades. Mr Woods said: “The job is never done.” But he does not think new rules are nec­es­sary.

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