RUSI JournalVOLUME 171ISSUE 5

Combatting the Illicit Financing of Hybrid Threats

Olivia Allison and Oksana Ihnatenko
2 September 2026clock7 Minute Read
Courtesy of Abi Rogers

Courtesy of Abi Rogers

A Professional Insight in which the authors examine Russia's war in Ukraine and destabilisation of Europe to show how hybrid warfare is financed through illicit networks. They argue that the FATF and states need new typologies, metrics and controls to disrupt the funding.

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WRITTEN BY

Olivia Allison

RUSI Associate Fellow, CFS

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Oksana Ihnatenko

Researcher for project SMURF, CFS

Centre for Finance and Security

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