To ask the Chancellor of the Exchequer, what steps her Department is taking to improve oversight and enforcement action against the use of unregulated informal value transfer systems.
Informal transfer value systems (IVTS) is a type of Money Service Business (MSB) activity. HM Revenue &amp; Customs is the main supervisor of MSBs and leads inter-agency work to tackle the money laundering and illicit finance risks faced by the sector. Th...
Economic Crime