For AML Overhaul, Britain Chooses Newer, Stronger FCA

Kathryn Westmore, a senior research fellow at the Royal United Service Institute in London, said that in all likelihood, officials will not have the new system in place before the Financial Action Task Force's next evaluation of Britain. "But this can help craft a narrative for FATF," Westmore told moneylaundering.com." It gives the UK something that demonstrates political will to address some of the longstanding issues."