{"id":30955,"date":"2015-10-16T14:53:52","date_gmt":"2015-10-16T13:53:52","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=30955"},"modified":"2015-10-16T14:53:52","modified_gmt":"2015-10-16T13:53:52","slug":"could-the-uks-professional-firms-be-leaving-us-exposed-to-money-laundering","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2015\/10\/16\/could-the-uks-professional-firms-be-leaving-us-exposed-to-money-laundering\/","title":{"rendered":"Could the UK&#8217;s professional firms be leaving us exposed to money laundering?"},"content":{"rendered":"<p>The <a href=\"https:\/\/next.ft.com\/content\/7d3a0a24-733d-11e5-a129-3fcc4f641d98\" target=\"_blank\">FT reported yesterday <\/a>that:<\/p>\n<blockquote><p>Billions of pounds of corrupt cash are flowing through the UK\u2019s financial sector, according to an official report that accused \u201cknown professional enablers\u201d in the <a class=\"article__body__link\" href=\"https:\/\/next.ft.com\/48cdbfb6-45c9-11e5-af2f-4d6e0e5eda22\" data-trackable=\"link\">l<\/a>egal and property sectors of facilitating money-laundering.<\/p>\n<p>In the first assessment of its type, the government branded the banking, law and accountancy industries as posing a \u201chigh risk\u201d of money-laundering. It concluded that the size and complexity of the financial sector left it \u201cmore exposed to criminality\u201d than in many other countries.<\/p><\/blockquote>\n<p>The professions are not happy, of course. But some of us have said this for a very long time. It's good to be confirmed to be right.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The FT reported yesterday that: Billions of pounds of corrupt cash are flowing through the UK\u2019s financial sector, according to an official report that accused<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2015\/10\/16\/could-the-uks-professional-firms-be-leaving-us-exposed-to-money-laundering\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,14],"tags":[],"class_list":["post-30955","post","type-post","status-publish","format-standard","hentry","category-accountancy","category-corruption"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/30955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=30955"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/30955\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=30955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=30955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=30955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}