UK Treasury opens public consultation on improving the effectiveness of Money Laundering Regulation (MLR)
On March 11, London time, the UK Treasury launched a public consultation to improve the effectiveness of its money laundering regulations (MLRs). This consultation includes discussions on how to best support the use of digital identities when verifying customers. MLRs are used in financial services, real estate transactions, gambling, art sales, and other areas where digital identity services are crucial…