UK Sets Three-Year AML and Asset Recovery Strategy
The Home Office published the UK’s Anti-Money Laundering and Asset Recovery Strategy 2026–2029 on 15 September, setting priorities for the next three years. The strategy describes how government and other partners will work together and where investment will be directed.
A ministerial statement accompanying the launch says the programme is backed by more than £550 million over three years and is intended to add 500 law-enforcement officers and specialists by the end of 2029. The strategy’s objectives are to improve the effectiveness and efficiency of the system, disrupt money laundering and high-harm criminal networks, and recover more criminal assets. The government identifies the strategy as part of its broader response to illicit finance.
Why it matters
- The plan sets UK priorities for AML and asset recovery through 2029.
- Its funding and staffing commitments indicate a planned increase in enforcement capacity.
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