In this episode of Dollar & Sense, David Dollar is joined by Tom Keatinge to discuss the ramifications Brexit will have on the United Kingdom’s use of financial sanctions and regulation of financial crime.
Criminals are using an increasingly complex financial modus operandi to take advantage of today’s mostly fragmented approach to detecting their criminal activity. They are, among other means, cycling through financial institutions so that no one bank has the full picture, and moving their money and accounts more quickly than bank reporting and law enforcement can keep up with.
The latest Strategic Defence and Security Review can be best described as being a ‘steady as she goes’ review, providing a welcome element of stability in defence planning after five years of substantial reductions.
Soon after the Paris attacks, the prospect of similar massacres happening in the UK was raised. While the danger is serious, crucial contexts specific to the Continent mean the UK faces a different kind of threat.
The Paris terrorist attacks will impact on France’s electoral politics and on the country’s counter-terrorism legislation. But the impact need not be as great as currently expected. The best weapon with which French politicians can arm themselves is sang-froid.