i-law

Money Laundering Bulletin

Shell shock

War changes everything. The Economic Crime Bill, just a few weeks ago not important enough to be debated, catapulted to the front of the UK legislative agenda at the start of March [2022], as the Economic Crime (Transparency and Enforcement) Bill, and was an Act by the Ides. [1] So, perhaps now is not the time to harp on about how indifferent successive UK governments have been to money laundering, fraud, corruption, preferring just to wave in kleptocrats’ money, ignoring their ties to despotic regimes elsewhere, the process smoothed, with not nearly enough questions asked, by an army of the brightest and ‘best’ London bankers, lawyers, accountants and reputation cleansers.

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