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.
Never known for being a predictable place, the next year in Ukrainian politics will be coloured by the continuing war in the Donbas, the 2019 elections, attempts at reforming a deeply corrupted society and advancing the country’s NATO aspirations.
RUSI is launching a new research and training programme focussed on disrupting the illicit funds earned from the illegal wildlife trade in East and Southern Africa, with a focus on Malawi, Zambia and Mozambique.
The National Strategic Assessment of Serious and Organised crime highlights the growing significance of technology in driving criminal innovation; however, as many police forces struggle to adapt to the digital age, this raises questions about the UK’s ability to tackle the evolving threat.
Information sharing provisions in the context of the fight against money-laundering and counter terrorism finance (AML/CTF) are obsolete and unable to respond to current challenges and threats. The system of reporting suspicious activity needs urgent updating.
Despite a regulatory environment perceived by many as stringent, the UK has a reputation as a global hub for money-laundering. Over the next two years, the UK Government will prepare itself for an assessment of its anti money-laundering and counter terrorist-financing efforts.