https://www.accountancyage.com/2019/04/26/electronic-verification-can-tackle-money-laundering/

The 5th Money Laundering Directive; mandating electronic verification
The UK is one of the most targeted nations in the world for money launderers. Martin Cheek, MD of SmartSearch, says electronic verification, mandated by the 5th Money Laundering Directive where possible, is the answer.