Blog: Paul Tasker on brokers’ anti-money laundering responsibilities and actions

Paul Tasker, CEO of Reg Technologies, sets out responsibilities and a ‘must do’ list for brokers to deliver their crucial role in the fight against money laundering.

Paul Tasker, CEO of Reg Technologies, sets out responsibilities and a ‘must do’ list for brokers to deliver their crucial role in the fight against money laundering.

You can always find a blog or article detailing the cost of fraud and money laundering to the insurance industry, which is often supported by impactful statistics. A ‘Top 4’ survey recently found that ‘two thirds of insurers had experienced fraud or financial crime in the previous year’.

Differences between fraud and money laundering

This is not a surprising statistic, but aggregating fraud and money laundering data appears to be treating the two as the same, which of course, they are not.

Impact

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

April leaders on moving into UK with Lexham buy

Moving into the UK with the purchase of Lexham is part of a plan to build Europe’s premier two-wheels specialist broker, rather than the start of a buying frenzy as a new consolidator, April Group leaders have confirmed.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: