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Flag It Up

The legal and accountancy sector are working with HM Government to support the Flag It Up campaign, a joint initiative that aims to raise awareness about the warning signs of money laundering.

The National Crime Agency’s National Strategic Assessment 2017 indicates that previous figures of £36 billion to £90 billion for all money laundering impacting on the UK could be a significant underestimation. Money laundering is also an enabler of serious and organised crime, which as well as costing the UK an estimated £24 billion a year, perpetuates wider social harms that damage communities and people’s lives.