The average jail term for money-laundering offences rose to a record high of 27 months in 2018 following the introduction of tougher new sentencing guidelines as part of a crackdown on the flow of dirty money into the UK.
Research by Thomson Reuters revealed the average length of prison sentences for offenders convicted of money laundering has risen 32 per cent in the past decade, from a term of 20.5 months in December 2008.