All you care about is money

Taking control of debt, free debt advice, improving your credit score and low-cost borrowing. Renting, buying a home and choosing the right mortgage. Running a bank account, planning your finances, cutting costs, saving money and getting started with investing. Understanding your employment rights, dealing with redundancy, benefit entitlements and Universal Credit. Planning your retirement, automatic enrolment, types of pension and retirement income. Buying, running and selling a car, buying holiday money and sending money abroad.

But what you might not know is that these programmes are based on real-life events, more specifically, some of the biggest money laundering cases in history. Just like on TV, real-life criminal organisations are constantly coming up with more creative ways to convert their illegal proceeds into legitimate money through the use of cash businesses, low value electronic payments or cryptocurrency proxies. The practice of making illicit funds seem legitimate is known as money laundering and preventing criminals from laundering money is known as Anti-Money Laundering or AML. Luckily, the international community has taken action to deter such practices from happening again. Its remit was to look at the growing problem of money laundering and to think about how it could be better prevented. The FATF came up with a series of 40 recommendations, last revised in