© 2020 – 2024 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
Image default
News

UK’s anti-money laundering measures need complete reset, says report

Chatham House researchers say professional enablers continue to offer foreign kleptocrats ‘a home-from-home in London’

Un-policed and often unenforceable anti-corruption laws have made the UK the global money-laundering capital for a post-Soviet Union elite, severely damaging Britain’s international reputation and the rule of law, the London-based thinktank Chatham House says in a report.

The research calls for new measures to constrain what it described as a near-self-regulated army of professional enablers – accountants, lawyers and reputation managers – that service Russian criminals in the UK.

Continue reading…

Related posts

Boris Johnson cuts ties with government lawyers assisting him in Covid inquiry

AEA3

New Zealand interest rate hike raises pressure on central banks over inflation

AEA3

Luis Rubiales to quit in wake of World Cup kiss scandal

AEA3