UK to adopt EU laws on combating terrorism and money laundering

Letter to MP Margaret Hodge confirms decision on fifth anti-money laundering directiveThe UK will adopt sweeping European laws designed to combat terrorism and money laundering, the government has confirmed, in a move that could unmask for the first time the beneficiaries of thousands of secretive trusts.In a letter sent to the MP Margaret Hodge, the Department for Business, Energy and Industrial Strategy (BEIS) says the government will to adopt the fifth EU anti-money laundering directive. Cont