FCA sets out money laundering measures for post office use

Regulatory Updates | 25/04/23

This week, the FCA announced a series of measures designed to reduce the risk of money laundering via the Post Office. Financial institutions that allow customers access to their services via the Post Office will need to be aware of new measures that include suspicious activity training, expedited suspicious activity reporting, reduction in cash deposit limits and improved intelligence and information sharing.

Source: FCA