Reputation launderers, notably public relations agencies and law firms, are distorting the financial crime and sanctions risk profiles of kleptocratic regimes and oligarchs seeking to launder and protect their illicit gains according to academic and investigative researchers. Banks can also… Read More ›
Better information sharing and collaboration is needed to combat trade-based money laundering (TBML) according to a substantial report released on Monday by the US Government Accountability Office (GAOs). Countering Illicit Finance and Trade concluded that TBML is one of the… Read More ›
The lead author of the US’ anti-money laundering (AML) act of 2020, senator Sheldon Whitehouse, is urging the Financial Action Task Force (FATF) to strengthen its standards for countries to gather important data in the fight against money laundering. The… Read More ›
US President-elect Joe Biden is expected to make a crackdown on illicit finance – both domestically and internationally – a cornerstone of his administration. Earlier this year Biden stated his position on corruption and illicit finance in an essay… Read More ›
If the UK is to stand any chance of identifying and confronting illicit finance, it needs to place intelligence at the heart of its response according to the director of the Royal United Services Institute’s (RUSI’s) Centre for Financial Crime… Read More ›