…debanking is a problem in the UK. In 2021/22, UK banks closed 343,000 accounts, up from 45,000 in 2017 when the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR 2017) was passed into law. ...
The improvement percentage column compares the performance of RFF to MLR as the benchmark model. The actual and predicted values used in the calculation of MAE and RMSE have been normalised in the range [0,1]. 4.1.2. Production functions Similarly to the calculation of household utility ...
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