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These initiatives were driven by Baroness Warwick of Undercliffe, and are more likely to reflect personal policy preferences.
Baroness Warwick of Undercliffe has not introduced any legislation before Parliament
Baroness Warwick of Undercliffe has not co-sponsored any Bills in the current parliamentary sitting
The Government published its summary of the impacts of the increases to the Economic Crime (Anti-Money Laundering) Levy in the policy paper titled "Economic Crime Levy – changes to bands and charges”. [1]
The Levy was designed with simplicity and proportionality at its core, to limit the administrative burden on regulated entities. Accordingly, it applies to any entity that carries out activity regulated by the Money Laundering Regulations and no entity pays more than 0.1% of its revenue in charges.
A full review of the Levy will be undertaken in 2027.
[1] https://www.gov.uk/government/publications/economic-crime-levy-changes-to-bands-and-charges/economic-crime-levy-changes-to-bands-and-charges