UK HM Treasury has launched a consultation on draft legislation for a new Economic Crime Levy. The consultation deadline is 15 October 2021.
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Economic Crime (Anti-Money Laundering) Levy: draft legislation
This measure introduces the draft legislation for a new levy on the anti-money laundering (AML) regulated sector – the Economic Crime (Anti-Money Laundering) Levy, or 'ECL'.
Details
At Budget 2020, the government announced a new levy to raise £100 million per year from the AML-reg…