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Warnings about Russian money being laundered in London

U.S diplomats have expressed fears that any sanctions imposed on Russia over potential conflict in Ukraine could be ineffective due to the volumes of Russian wealth in London.

American authorities have been critical of the failure by Britain to deliver tough economic penalties against Putin after years of allowing Russian kleptocrats to funnel significant amounts of money through the capital.

Want to read more? Access the full story here.

Published on January 28, 2022

Filed Under: Useful Information Tagged With: aml, business, compliance, due diligence, investigations, isle of man, training

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