UKFIU podcast on Illicit finance in Organised Immigration Crime

Listen to the latest UKFIU podcast to find out about the current threat, and how IVTS plays a role in enabling this crime.

In this episode, panellists from the National Crime Agency (NCA) address the illicit finance angle of Organised Immigration Crime (OIC). Panellists explain the current threat picture, how Informal Value Transfer Systems (IVTS) play a role in enabling this crime and the actions being taken by the NCA to disrupt organised crime groups involved in OIC.

Listen to Episode 24 now.

If you know, suspect or have reasonable grounds for knowing or suspecting that a person is engaged in money laundering or dealing in criminal property, you must submit a Suspicious Activity Report (SAR) via SAR portal to the UK Intelligence Finance Unit (UKFIU).

Further guidance and support on risk management and other components of Money Laundering Regulations compliance is available on our AML webpage. You can also contact us on +44 (0)20 7367 1347 or via email [email protected].

AAT Comment offers news and opinion on the world of business and finance from the Association of Accounting Technicians.