Afghanistan exit sparks UK regulator to warn of financial crime threat

clock • 2 min read
Afghanistan exit sparks UK regulator to warn of financial crime threat

Financial services firms should be aware of the possible impact the developments in Afghanistan may have on "patterns of financial activity when they assess risks related to particular customers and flows of funds", the Financial Conduct Authority said in a statement today (31 August). On the day the US leaves Afghanistan bringing an end to a 20-year war launched after the September 11 attacks, the regulator highlighted that it expected firms to establish and maintain systems and controls ...

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