Britain plays a central role in the global financial system, for good and ill. Our financial services are a major employer and tax-payer, but they also enable globalized corruption: according to the National Crime Agency, at least 100 billion pounds worth of illicit money flows through our institutions every year. Much of this money is corruptly acquired from some of the world’s poorest countries and, indeed, much of it ends up buying top end real estate, and luxury goods from the London’s finest brokers.
Kleptoscope 9 looked at what the government is doing about this, and what it should do next.