This Occasional Paper examines the effectiveness of the current anti-money laundering model, with particular reference to the financial services sector, and makes relevant recommendations to enhance the model's future effectiveness.
A week after the atrocity in Manchester, it is now possible to draw some preliminary conclusions: there clearly was a breakdown in the intelligence flow that led to suicide bomber Salman Abedi slipping through the net; there are enduring questions about the UK’s Prevent anti-terrorism strategy; and, finally, there are the weaknesses of ‘soft targets’ that such an attack invariably expose.
As the battle for Mosul rages on and Daesh is put under increasing pressure in other parts of Iraq and Syria, how will the threat from the group evolve? Will Daesh end up following the path of Al-Qa’ida, with regional affiliates becoming more prominent?
Europe is on a high state of alert after several terror attacks – and more are thought to be in the pipeline. So which strategy should governments adopt to address radicalisation and prevent future attacks?