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The Home Office announced a package to strengthen the UK's anti-money laundering effort, funding a new Anti-Money Laundering and Asset Recovery Strategy with £500 million over three years and recruiting 500 officers across police forces, the National Crime Agency and the Crown Prosecution Service. The move follows NCA warnings that more than £100 billion is laundered through the UK annually and cites fintech, crypto and AI as growing drivers of the threat.
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