Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what his Department's planned timescale is for publishing the outcome of its consultation entitled Reforming anti-money laundering and counter-terrorism financing supervision.

Following the Treasury’s consultation on reforming the UK’s Anti-Money Laundering and Counter-Terrorism Financing supervisory regime which closed September 2023, the Government aims to respond in the coming months. We would like to thank everyone who took the time to respond to the consultation. The evidence we received reinforced the importance of anti-money laundering and counter-terrorism financing supervision in reducing economic crime.