NatWest’s planned closure of the UK bank accounts of Russia state-funded TV network RT has caused a storm of debate in Moscow. Russia has been quick to accuse the UK government of being behind it, but the most likely driver may be banking compliance matters.
General Sir Richard Barrons has laid out his concerns about the defence and security postures adopted by the UK, NATO, and the West more generally, at a time of what he argues is a substantially increased threat to global peace and security.
Information sharing is important in anti-money laundering (AML) and countering terrorist finance (CTF). Research should look at fundamental issues of why, when and where to share particular types of information to achieve desirable outcomes, as well as legal constraints and sharing mechanisms.
The internet clearly matters to terrorists, but online content by itself rarely causes people to carry out terrorist attacks. Responses should therefore not be limited to the mass removal of terrorist content from online platforms.
The rise of cyber-dependent crime highlights the challenges facing the anti-money laundering framework in a digital era. This should be viewed as a wake-up call as well as an opportunity to update and improve the antiquated regime.