LONDON, June 19 (Reuters) – Britain’s financial watchdog will wait until after next month’s national election to publish its review into how banks conduct mandatory extra checks on “politically exposed” customers and their families for money laundering risks.
The review had been due to be published at the end of June but would now be released after parliament returns following the July 4 election, the Financial Conduct Authority (FCA) said on Wednesday.
Source: REUTER
