HM Treasury has published the Anti-Money Laundering and Asset Recovery Strategy, backed by GBP 500 million over three years from the economic crime levy. The government will recruit 500 officers across police forces, the National Crime Agency and the Crown Prosecution Service to trace illicit funds, disrupt organized crime networks and seize criminal assets, including those linked to Russian and other international money laundering networks. The strategy will expand financial intelligence capabilities, use advanced technology and strengthen cooperation with the private sector and international partners. It also seeks to recover more criminal assets and direct a significant share of recovered funds to public services and law enforcement. Over the past year, authorities stripped criminals of almost GBP 350 million, denied them more than GBP 1 billion, returned GBP 26 million to victims and disrupted 2,700 illicit finance operations.
2026-09-15HM Treasury
UK's HM Treasury launches GBP 500 million anti-money laundering strategy with 500 new officers
HM Treasury has launched a GBP 500 million anti-money laundering and asset recovery strategy funded over three years through the economic crime levy. It will add 500 officers across key enforcement agencies and strengthen intelligence, technology and partnerships to disrupt money laundering networks and recover criminal assets.