What to Make of UK’s Policy on ‘Dirty’ Money from Russia?

Anastasia Nesvetailova analyses the premises, aims and likely efficacy of UK’s new  policy targeting Russian ‘dirty’ money. Her argument  is threefold: a) the premise that all Russian money inflows into London are ‘dirty’ over-simplifies the state of the economy and the nature of  London as a global financial centre; b) in practice, distinguishing between ‘dirty’ money and ‘clean’ capital being used in London is likely to be impossible; c) in the face of Brexit, the UK’s proclaimed policy tackling dirty money inflows is likely to be toothless.

Read the full story here or reprinted in Estonian here.

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