Friday, Apr 26 2024 | Time 00:59 Hrs(IST)
image
WorldPosted at: Jun 25 2017 6:39PM


Britain to crack down on militant, criminal financing

LONDON, Jun 25 (Reuters) Britain will bring in new rules today to crack down on funds used to finance organised crime and terrorism, requiring businesses such as banks, estate agents, accountants and payment firms to carry out more checks on money flows.
The government said that while the majority of businesses were vigilant, the new rules would improve the quality of the checks to make sure that businesses can spot suspicious activity and report it.
"Terrorist financing and money laundering are significant threat to our national security, and we are determined to make the UK a hostile environment for illicit finance," Stephen Barclay, economic secretary to the Treasury, said in a statement.
Please log in to get detailed story.
Tags: #Britain to crack down on militant# criminal financing
More News

China launches Shenzhou-18 manned spaceship

25 Apr 2024 | 6:48 PM

Jiuquan, April 25 (UNI) China on Thursday launched the Shenzhou-18 manned spaceship to send three taikonauts to its orbiting Tiangong space station for a six-month mission.

see more..

Over 100 inmates escape from Nigerian prison damaged by heavy rains: official

25 Apr 2024 | 5:15 PM

Abuja, April 25 (UNI) At least 119 inmates escaped Wednesday night from a custodial center damaged by heavy rains in central Nigeria, an official said Thursday.

see more..

Macron outlines vision for an independent Europe

25 Apr 2024 | 4:57 PM

Paris, April 25 (UNI) French President Emmanuel Macron spoke Thursday morning to outline his vision for an independent Europe.

see more..

China against US deploying ballistic missiles in Asia-Pacific region

25 Apr 2024 | 4:11 PM

Beijing, April 25 (UNI) China resolutely opposes the US decision to deploy medium-range ballistic missiles in the Asia-Pacific region, Defence Ministry spokesman Wu Qian said on Thursday.

see more..

Qatar to host meeting of G7, global south officials on Ukraine this weekend

25 Apr 2024 | 4:05 PM

Doha, April 25 (UNI) Qatar is to host a meeting of high-ranking officials and security advisers from the G7 countries and the Global South this weekend to prepare for the upcoming Ukraine conference in Switzerland, Bloomberg reported, citing people familiar with the matter.

see more..
image