Intermediaries could be inadvertently laundering, on average, an estimated £1.5m each year, accordin...
Intermediaries could be inadvertently laundering, on average, an estimated £1.5m each year, according to the Society of Financial Advisers (Sofa). Speaking at the association's half-day conference on the topic, the trade body noted advisers are not taking adequate measures to recognise and report suspicious activity.
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes