Source · Select Committees · Foreign Affairs Committee
Recommendation 17
17
It is deeply regrettable that it has needed a war for the Government to make...
Conclusion
It is deeply regrettable that it has needed a war for the Government to make progress on long-promised plans to tackle the flows of illicit finance through London and beyond. While sanctions remain in place, freezing the corrupt wealth of President Putin’s supporters, now is the time to take action: to strengthen legislation against enablers; to adequately resource the National Crime Agency and other bodies The cost of complacency: illicit finance and the war in kraine 27 responsible for bringing criminal cases to trial; and to coordinate strategically with our allies and others, particularly the US, so that those with dirty money no longer have a place to hide it. (Paragraph 40) 28 The cost of complacency: illicit finance and the war in kraine
Government Response
A response document is linked to this report, dated 26 October 2022. Response attribution to this conclusion has not been verified. Read the response document ↗