After years of facing financial crimes occur within and outside of the country, the United Kingdom’s government has drawn up a new, comprehensive plan to combat criminals with new guidelines. The plan has already been passed through the H.M Treasury and Home Office officials and will be commencing effective immediately. According to the announcement, the government is teaming up with major financial companies in the country in order to combat the increasing cases of money laundering and wash-trading occurring within and outside of the country. Within just the last nine years, the government was able to retrieve as much as
