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Political Focus to Remain on Banking for ‘Years to Come,’ Says U.K. Lawmaker

With U.K. elections only two months away, Tory and Liberal Democrat lawmakers alike have been forwarding strategies to tackle tax evasion and other financial crimes. One consideration of the Labour Party: whether British officials have the proper resources to penalize wrongdoers, according to Member of Parliament Chris Leslie, who also serves as the Shadow Chief Secretary to the Treasury. In a speech Tuesday at City Week 2015 in London, Leslie emphasized the need to restore public trust in the financial services sector. After the speech, he spoke to ACAMS moneylaundering.com reporter Irene Madongo about an upcoming Labour Party review of...

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