It is interesting to hear that the government is setting up a new body - the Office for Professional Body Anti-Money Laundering Supervision (OPBAS) - to streamline the existing guidelines governing anti-money laundering (AML) efforts in the UK. 

At first glance this looks to be another positive step for the government in its fight against financial crime. However, only time will tell whether the new group will effectively contribute to the numerous trade bodies already in place tasked to do the same thing.