Reference Case Number: FOI9875
Freedom of Information: Right to know request:
How many investigations were carried out by the FCA in relation to Anti Money Laundering compliance breaches in 2019, 2020, 2021 and 2022 to date. In each of the cases above, if it is not possible, within the time and cost constraints of the Freedom of Information Act 2000, to provide the information requested for 2019, 2020, 2021 and 2022 to date, please could the information be provided for 2020, 2021 and 2022 to date, only.
FCA response:
The number of investigations opened to investigate suspected serious misconduct and/or potential breaches are as follows:
2019 – 34
2020 – 7
2021 – 5
2022 – 8
Please note, we have not included any data concerning investigations into money laundering offences under Part 7 of the Proceeds of Crime Act 2002. The FCA is not a lead prosecutor for such offences, although we may conduct investigations and prosecute where the money laundering offences are predicated on other criminal offences for which we are the lead prosecutor (eg insider dealing, or unauthorised deposit taking).