Cross-party MPs call for more action on money laundering and corruption

UK is now ‘the jurisdiction of choice for dirty money’, warns parliamentary group as it launches economic crime manifesto

The UK has become “the jurisdiction of choice for dirty money”, harming both its national reputation and democratic institutions, a cross-party group of MPs has warned as they urged a new government focus on money laundering and corruption.

An economic crime manifesto launched by the group calls for measures including major transparency reforms for company records, a crackdown on tax avoidance in UK overseas territories, and more resources for enforcement.

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Politics, Margaret Hodge, Business, Tax avoidance, Banking, Financial sector, Property, UK news UK news | The Guardian

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