UK’s anti-money laundering measures need complete reset, says report
theguardian.comUn-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.
Urging a complete reset in the government’s laws to combat money laundering, the report by coincidence will be published later on the day that the foreign secretary, Liz Truss, is due to address the thinktank about the UK’s foreign policy priorities. It was authored
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