Also let me tell you the next BoE meeting outcome: keep interest rates at rock-bottom because the UK is in a debt nightmare. How will you wash money with that info?
I don't understand the premise here. The "hanging offence" line is laughable. Not a single person went to jail over 2008. The absence of criminal repercussions for financial crimes is the UK's unique selling point.
The BoE themselves tried to cover up LIBOR fixing. If you want to find criminals it's not hard.
I don't like this article as it supposes that money laundering is at the edge of acceptable behaviour in London. The truth is it's rampant.
> “They would discuss whether interest rates were going to rise or fall.”
That must have been boring. "They are going to hold them at the zero bound again or the UK will implode" would have been the answer for five years running.
Where does this rubbish come from? GCHQ misdirection department or a lone looney?