Inquiries to Britain as part of investigations into money laundering have more than doubled since 2012, new figures have shown.
The number of so-called mutual legal assistance (MLA) requests to the UK increased 12 per cent to 163 last year, up from 146 in 2015, figures obtained by Thomson Reuters’ legal business through a freedom of information revealed.
In 2012, 73 MLA requests were made followed by 70 in 2013.
Mutual Legal Assistance (MLA) is the method of co-operation between states for obtaining assistance in the investigation or prosecution of criminal offences.
The National Crime Agency (NCA) estimates that between £36bn and £90bn is laundered through the UK every year.
Back in March, the UK government set up the Office for Professional Body Anti-Money Laundering Supervision to crack down on illegal money entering the UK.
The new watchdog is a part of the Financial Conduct Authority.