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UK spreads financial crime compliance to colonies

Chris Hamblin

Clearview Publishing

22 December 2014

A Joint Ministerial Council paper entitled "Progress on Implementation of Agreed Actions," completed by HM Government and dated 31 October 2014, seeks to extend the provisions of various anti-financial-crime treaties to the UK's overseas territories.

 

These international treaties are to do with tackling corruption, bribery and the financing of terrorism and of organised crime (the United Nations Convention Against

Corruption (UNCAC); the Organisation for Economic Control and Development's Anti Bribery Convention; the UN's Convention for the Suppression of the Financing of

Terrorism (UNSFT); and the UN's Convention on Transnational Organised Crime (UNTOC)).