questionText: 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.
answerText: 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...
heading: Economic Crime