Money Laundering: Regulation
Commons · Question 67270 · Tabled 11 Jul 2025 · Treasury · Official record
Answered 18 Jul 2025
Question
Asked by Edward Morello
To ask the Chancellor of the Exchequer, what assessment she has made of the consistency of enforcement by the Office for Professional Body Anti-Money Laundering Supervision across legal sector regulators.
Answer
Answered by Emma Reynolds, 18 Jul 2025
OPBAS oversees 22 Professional Body Supervisors (PBSs) in the legal and accountancy sectors, to improve their Anti-Money Laundering/Counter-Terrorist Financing (AML/CTF) supervision. Its powers include obtaining information from PBSs, appointing skilled p...