i am mindful, the words of tom keating, respected characterfor am mindful, the words of tom keating,cted character for the national centre for crime and studies, who said last month the british government can no longer ignore the ugly truth that the reputation of london and the uk more broadly, is as the money—laundering capital of the world. it is justifiably earned, it has been stoked by the ambitions of the city, aided in no small part, by past governments. an interesting quote, he may well be right. the serious fraud office focuses of course on the top level of serious and complex fraud and also mainly commercial bribery. i am pretty stunned. he may be right, you say. so you may work ina milieu, be right, you say. so you may work in a milieu, where the city, aided and abetted by past governments has become a place where money—laundering is the norm?|j money—laundering is the norm?” don't think i necessarily agree with that. i certainly wouldn't regard money—laundering as the norm. we do know, however, there has been cash flows into this country which may be questionable and it is