September 16 2018
British law enforcement officers trying to combat money laundering are being frustrated by a lack of co-operation by the authorities in the Cayman Islands, BBC News reported.
The National Crime Agency (NCA) said it was “asking for information we don’t get”.The NCA said it has significantly stepped up efforts to seize dirty Russian money coming into the UK. It has also launched investigations into British-based lawyers and accountants suspected of facilitating money laundering, which is estimated could amount to as much as £1 billion (US$1.3 billion) a day.