In Moneylaundering.com's recent article, it is outlined that UK authorities have restrained or seized a record £383 million of suspected illicit funds in the financial year ending March 2025 - driven by thousands of "defence against money laundering" requests (DAMLs) from regulated institutions. The latest figures reveal 58,000 DAMLs led to 2,048 account freezing and related orders under the Proceeds of Crime Act. 

Anita Clifford of QEB Hollis Whiteman comments on the trend of account freezing orders being a preferred tool. 

Read more here.