The UK Is Still an Attractive Destination for Dirty Money | Opinion
Federaţia Rusă
For years the U.K. promised to clamp down on dirty money, prioritizing regulatory reform and investment in parts of its criminal justice system . On paper, it has one of the strongest financial-crime regimes in the West. So why is it still an attractive destination for hiding dirty money? The answer lies in the porous oversight of its highest-risk sector, the property market. Transparency International (TI) called the U.K.’s property market “ a home for corrupt money ” in 2015. More than a
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