More than a dozen U.K. banks are engaged in "advanced talks" with British law enforcement and government agencies to "systematically share intelligence on major financial crimes," Reuters reports. The push to share customer financial information is an effort to stop crimes such as money laundering and financial support of terrorism, while stymieing the flow of money from Russia and other rogue jurisdictions.
22 June 2023
UK banks in talks with government to share customer data to prevent financial crimes
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