What is the impact and harm from money laundering (for example, the impact on businesses, and on the general public)? How do the impacts and harms from money laundering affect wider social and economic factors (for example on house prices)?
Background
For some economic crime types, such as fraud, the consequences of the crime are far easier seen and felt amongst the public, communities and businesses. The existing evidence base in relation to harms resulting from fraud is therefore also more developed in some areas.
For other crime types, harms are not always as clearly defined or robustly evidenced. Being able to begin to quantify and illustrate this harm – for example to individuals, to the economy or society more generally would support our understanding of the impact of economic crime. The following questions are where research would be particularly useful to begin doing this.
Next steps
Get in touch with NECC-IF-Research@nca.gov.uk EconomicCrimeResearch@homeoffice.gov.uk
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
Topics
No topics assigned yet
Research fields
No research fields assigned yet
Related UKRI funded projects
-
RedFlag - A revolutionary AI powered platform to detect financial crime
Themis is a UK-based Financial Crime Fintech BCorp SME forging a revolutionary Alerting Platform (RedFlag). RedFlag will be a key enabler in detecting and reporting fraudulent and suspicious or criminal financial activit...
Funded by: Innovate UK
Why might this be relevant?
The project specifically addresses the impact of financial crime, including money laundering, on businesses and the general public, providing insights on detection and prevention.
-
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 focuses on the misuse of corporate vehicles by transnational organized crime groups, shedding light on how illicit finances are concealed and controlled, directly related to the impact of money laundering on wider social and economic factors.
-
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 use of open banking and data technologies to prevent money laundering in the UK property market, directly related to the impact of money laundering on house prices and the economy.