The Staggering Cost of Anti-Money Laundering Rules


In the Media

Julian Jessop quoted in The Daily Mirror


Harrison Griffiths referenced in CapX

IEA Research referenced in The Telegraph

Research on the costs of Anti-Money Laundering (AML) regulations, by IEA Senior Research Fellow Jamie Whyte, has been referenced in The Daily Telegraph.

The article said:

“Analysis by free-market think tank the Institute for Economic Affairs (IEA) has found that enforcing anti-money laundering rules alone costs lenders £34bn annually. The IEA noted that this is nearly double the total budget for policing across the UK.”

Read the full article here.

You can also read Debanked: The Economic and Social Consequences of Anti-Money Laundering Regulation.

Debanked was also referenced in a recent CapX article and in Master Investor.

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