Britain Signals Harder Look at Wealthy Russians and Russian Wealth

As featured in New York Times


AML/CTF

quote

“We’ve had a light-touch regulation approach, which means that money has come in — we have no idea really what money is crossing the border,” said Tom Keatinge, director of the center for financial crime at the Royal United Services Institute, a security studies group. Britain needs not just tougher rules, but also better enforcement of existing rules, he said, and “the political will to engage with those ideas.”