STR: Suspicious Transaction Report

This episode explores the potential of whistleblower reward programmes to transform economic crime investigations.

CFS Director Tom Keatinge is joined by Eliza Lockhart, Research Fellow at CFS, and Nick Ephgrave, Director of the Serious Fraud Office, to discuss Eliza's SOC ACE research paper, 'The Role of Financial Rewards for Whistleblowers in the Fight Against Economic Crime'. Together, they examine how financial incentives could empower whistleblowers, tackle economic crime and drive cultural and systemic change in the UK.

Read the full paper

Talk of state threats, hostile states and hybrid warfare has notably increased. But how do these threats differ from those faced in the past?

CFS Director Tom Keatinge is joined by Matthew Redhead, Senior Associate Fellow at CFS, to discuss his new Serious Organised Crime and Anti-Corruption Evidence (SOC ACE) research programme paper, 'Old Wine, New Bottles: The Challenge of State Threats', and to explore this increasingly prevalent phenomenon.

Read the report here: https://rusi.org/explore-our-research/publications/external-publications/old-wine-new-bottles-challenge-state-threats

We explore the growing threat of sabotage attacks across Europe and the technological tools used for financing and recruitment.

Host Tom Keatinge is joined by Dr Daniela Richterova, Senior Lecturer and Associate Professor at the Department of War Studies at King's College London, and Holger Roonemaa and Inga Springe, investigative journalists from the Baltic states, to discuss Russia's growing campaign of sabotage.

For further reading, see Holger and Inga's reporting here and Daniela's co-authored article for the RUSI Journal on the sabotage gig economy here.

This episode explores the astonishing case of one of the world's biggest money-laundering schemes via the well-known Swedish Bank, Swedbank.

Host Tom Keatinge, CFS Director, and investigative reporter Axel Gordh Humlesjö examine the Swedbank story, what led to the investigation and how, even if banks have robust compliance systems that safeguard them against criminal misuse, they remain vulnerable to those with malign intent.

How might a second Trump term reshape the US's use of sanctions?

Host Kinga Redlowska, CFS Director Tom Keatinge and sanctions expert Jeff Lord examine the potential impact of a second Trump term on Russia, and how Europe should respond. With the rise of China and changing global dynamics, the conversation considers whether Trump's trademark 'maximum pressure' tactics will resurface – or if he'll veer towards a novel and more unpredictable strategy.

Tom Keatinge and Wagner expert Jack Margolin discuss how the group became a global mercenary powerhouse and how to counter the rise of such groups.

With insights from Jack Margolin, author of 'The Wagner Group: Inside Russia's Mercenary Army', this episode explores how the Wagner Group evolved into a global mercenary enterprise, profiting from conflict worldwide. With host Tom Keatinge, they unpack Wagner's unique financial model, the strategic use of corruption, and how sanctions aim to contain these shadow networks. As new players emerge to fill the vacuum left by Wagner, they highlight the urgent need for the global community to address systemic vulnerabilities enabling such networks and to disrupt the rise and operation of similar paramilitary organisations.

Host Kinga Redlowska, Head of CFS Europe, and Tom Keatinge, CFS Director, are joined by Stephanie Baker, Bloomberg investigative journalist and author of Punishing Putin.

They delve into the impact of sanctions on Russia following its illegal invasion of Ukraine, exploring Russia's evasion tactics, the role of oligarchs, and the evolving use of sanctions as a tool in global diplomacy.

Host Tom Keatinge sits down with CFS Associate Fellow Stephen Reimer and international lawyer Ishita Chakrabati to discuss how authoritarian regimes are abusing the Financial Action Task Force (FATF) standards.

Drawing on insights from a two-year RUSI study, this episode analyses how the FATF standards, which aim to tackle money laundering and terrorist financing, are being exploited by authoritarian regimes to silence dissent. With the FATF gearing up for its upcoming plenary in Paris, the findings in our recent report emphasise the urgent need for the FATF to address these abuses and for the international community to take action to ensure the standards are used as originally intended.

In this episode, host Tom Keatinge speaks with Dr Marcus Pleyer, former FATF president, about his role in shaping global financial crime policies and EU anti-money laundering efforts.

They explore Marcus's professional journey, from a small corner of Germany's Ministry of Finance to leading the country's successful bid to host the EU's Anti-Money Laundering Authority. The conversation delves into the initiatives Marcus championed at the FATF, including the push for using technology in the fight against financial crime and the importance of a risk-based approach in FATF evaluations.

In this episode, host Tom Keatinge, CFS Director, is joined by Andrea Kendall-Taylor, Director of the Transatlantic Security Program at CNAS, to discuss her co-authored article 'Axis of Upheaval'. They discuss the convergence of Russia, China, Iran and North Korea and the challenges posed across economic, military, political and technological dimensions. The conversation also delves into whether these deepening ties represent a coordinated grouping or a series of 'marriages of convenience' in response to Russia's war in Ukraine, as well as what the West should do.