London’s Financial Flows Are Polluted By Laundered Money

BRITAIN likes to see itself as a leader in the fight against illicit finance and corruption. The government has recently been talking even tougher, as worsening relations with Russia have focused attention on the number of oligarchs who have interests in London. Anyone looking to stash dirty money “should be in no doubt that we will come for them,” warns Ben Wallace, the economic-crime minister….Time to clean up

Britain’s war on dirty money lacks oomph
It is strong on transparency but weak on enforcement

London has been accused of being a major centre of money laundering.                                 Photograph: Alamy Stock Photo