Moves to curb cash laundering at bureaux de change

UK - Britain is the last European Union country not to regulate bureaux de change, which UK ministers believe act as a conduit for dirty money.

The UK government this week announced plans to "speed up and beef up" measures announced in May to clamp down on bureaux de change as part of a crackdown against organised crime.

However, they may still be accused of having waited too long to tackle the problem.

According to Treasury estimates, £3bn-£4bn a year leaves the UK through bureaux de change - 65

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.