What are the UK sector level vulnerabilities to international illicit finance? Where do overseas corrupt actors, including corrupt elites and kleptocrats, move and store their wealth in the UK?

Background

Source

This question was published as part of the set of ARIs in this document:

Economic Crime Areas of Research Interest ARI report July 2025 1

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Related UKRI funded projects


  • The (Mis)Use of Corporate Vehicles by Transnational Organised Crime Groups in the Concealment, Conversion and Control of Illicit Finance

    Transnational organised crime groups and the difficulties in intervening with illicit finances have been identified as a high-priority concern by the UK government (see Serious and Organised Crime Strategy (SOCS) (2013))...

    Funded by: ESRC

    Why might this be relevant?

    The project specifically focuses on the misuse of corporate vehicles by transnational organized crime groups for concealing illicit finances in the UK.

  • Using Open Banking and Data Technologies to prevent money-laundering in the UK property market

    UK property is increasingly becoming the 'money-laundry' of choice for the world's criminals _(BBC-Panorama-'Following-the-drug-money'-2019)_. Transparency International pinpointed £4.4billion of UK properties boug...

    Funded by: Innovate UK

    Why might this be relevant?

    The project addresses the issue of money laundering in the UK property market, which is related to illicit finance, but does not specifically focus on overseas corrupt actors and kleptocrats.

  • Corruption in (Non-)Criminal Commercial Enterprise: Law, Theory and Practice

    This proposal reflects the AHRC's Research Networking Scheme's Highlight Notice for 'cross-disciplinary research networks exploring emerging areas of cross-cultural enquiry'. More specifically, this proposal is located w...

    Funded by: AHRC

    Why might this be relevant?

    The project explores corruption in criminal and non-criminal commercial enterprises, which is related to illicit finance, but does not specifically address the movement and storage of wealth by overseas corrupt actors in the UK.