The incoming Biden administration will face a difficult challenge to quickly implement a new US policy toward Iran. The most effective path will be to work with those who agree, and engage those who disagree, to develop and reach their policy goals.
The Financial Action Task Force now requires countries to assess proliferation financing risk, a welcome step in global efforts to counter sanctions evasion by actors such as North Korea. However, the narrow scope of the new requirement may reduce its effectiveness.
The substance of Joe Biden’s approach to the region and key actors will remain very similar to that of his predecessor, albeit with a different tone and a much greater focus on coordinating with allies.
Tom Keatinge, Director, Centre for Financial Crime and Security Studies, RUSI
Tom Keatinge, Director, Centre for Financial Crime and Security Studies at RUSI, on the need for a global financial crime strategy to counter cybercriminals following a major ransomware attack on 12...