U.K. Moves to Tighten Laws on Oligarchs. Critics Say It’s Too Late.
https://www.nytimes.com/2022/03/01/world/europe/ukraine-russia-oligarchs-uk.html
https://www.nytimes.com/2022/03/01/world/europe/ukraine-russia-oligarchs-uk.html
Russian oligarchs in UK face new laws tackling ‘dirty money’
https://www.theguardian.com/politics/2022/feb/28/russian-oligarchs-in-uk-face-new-laws-tackling-dirty-money
Related:
https://www.telegraph.co.uk/news/2022/02/27/time-stop-letting-despots-weaponise-western-freedoms/
https://www.theguardian.com/politics/2022/feb/28/russian-oligarchs-in-uk-face-new-laws-tackling-dirty-money
Related:
https://www.telegraph.co.uk/news/2022/02/27/time-stop-letting-despots-weaponise-western-freedoms/
'Londongrad' takes a hit
https://www.reuters.com/world/uk/londongrad-takes-hit-britain-slaps-tougher-sanctions-russia-2022-02-24/
How much Russian money is there in the UK?
https://www.bbc.com/news/60348046
Russian Money Laundering in the West
https://www.nytimes.com/2022/02/24/opinion/russia-ukraine-sanctions-offshore-accounts.html
Paul Krugman notes:
There are two uncomfortable facts here. First, a number of influential people, both in business and in politics, are deeply financially enmeshed with Russian kleptocrats. This is especially true in Britain. Second, it will be hard to go after laundered Russian money without making life harder for all money launderers, wherever they come from — and while Russian plutocrats may be the world champions in that sport, they’re hardly unique: Ultrawealthy people all over the world have money hidden in offshore accounts.
What this means is that taking effective action against Putin’s greatest vulnerability will require facing up to and overcoming the West’s own corruption.
Germany is the weak link in the West’s alliance
https://www.telegraph.co.uk/business/2022/02/25/germany-weak-link-wests-alliance/
https://www.reuters.com/world/uk/londongrad-takes-hit-britain-slaps-tougher-sanctions-russia-2022-02-24/
https://www.bbc.com/news/60348046
https://www.nytimes.com/2022/02/24/opinion/russia-ukraine-sanctions-offshore-accounts.html
Paul Krugman notes:
There are two uncomfortable facts here. First, a number of influential people, both in business and in politics, are deeply financially enmeshed with Russian kleptocrats. This is especially true in Britain. Second, it will be hard to go after laundered Russian money without making life harder for all money launderers, wherever they come from — and while Russian plutocrats may be the world champions in that sport, they’re hardly unique: Ultrawealthy people all over the world have money hidden in offshore accounts.
What this means is that taking effective action against Putin’s greatest vulnerability will require facing up to and overcoming the West’s own corruption.
Germany is the weak link in the West’s alliance
https://www.telegraph.co.uk/business/2022/02/25/germany-weak-link-wests-alliance/
Related:
Why the West has itself to blame for Russian corruption
https://www.washingtonpost.com/opinions/2021/10/11/why-west-has-itself-blame-russian-corruption/
https://www.washingtonpost.com/opinions/2021/10/11/why-west-has-itself-blame-russian-corruption/
The City of London Is Hiding the World’s Stolen Money
https://www.nytimes.com/2021/10/11/opinion/pandora-papers-britain-london.html
https://www.nytimes.com/2021/10/11/opinion/pandora-papers-britain-london.html