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Lloyds freezes 8,000 offshore Jersey accounts in dirty money push
Lloyds Banking Group froze the accounts of about 8,000 offshore banking customers as part of a crackdown on money laundering, after asking them for three years to prove their identity. The move to meet more stringent “know your customer” requirements highlights the growing pressure on global banks to meet tougher…
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Click here to read the full story: Financial Times