UK banks must do more to fight dirty money, says BoE's Woods

LONDON, Sept 22 (Reuters) - Britain's banks need to do more
to fight dirty money or risk facing more severe fines, Bank of
England Deputy Governor Sam Woods said on Tuesday.

"If the banks get this wrong, then costs for them are very
severe, as you have seen in recent years the big fines here in
the UK and in the U.S.," Woods told Bloomberg TV. "They have
been doing a lot but they'll need to do more, and unfortunately
this is one of those things that the job is never done."

(Reporting by Huw Jones
Editing by Gareth Jones)