Peter Sands, Haylea Campbell, Tom Keatinge and Ben Weisman
This paper, a joint project between RUSI and the Mossavar-Rahmani Center for Business & Government at Harvard, explores the pros and cons of imposing 'cash thresholds', including whether they should be introduced at a uniform level across different countries and, in particular, throughout the Eurozone.
The enormous attention given to Bitcoin’s rise has prompted security agencies to ponder whether cryptocurrencies could become a terrorist financing tool. A recent case suggests terrorists may be testing the waters. But overreaction could stifle an important new financial technology.
The financial sector has long been in the forefront of the fight against financial crime. But, as the industry works to rehabilitate its reputation following the global financial crisis, this largely unseen role is increasingly being brought into the light.
The war on cash – and especially against high-denomination banknotes – has gathered pace over the past year. It is a campaign in which countries have taken different approaches with differing results, but one which is likely to be continued and spread world-wide.
The illegal wildlife trade (IWT) is estimated to generate up to $23 billion per annum globally in illicit profits. Remarkably, it is still being treated as a wildlife crime rather than a form of organised crime, ignoring the financial dimension. A financial approach to tackling IWT is urgently needed.
The rapid rise of Bitcoin has prompted extensive discussion about the nexus between virtual currencies and financial crime. This paper examines the financial crime risks involving virtual currencies...
As the threat from lone-actor and small cell terrorism evolves, this paper examines the financing of both disrupted and successful plots since 2000 in Great Britain, France and Australia. These plots...
Inês Sofia de Oliveira, David Artingstall and Florence Keen, with Matt Russell and Ben Luddington
The UK has one of the most advanced anti-money laundering (AML) legal and regulatory frameworks in the world. This paper, researched with the help of PwC, is a collection of perceptions expressed by...