Russian: Money Laundering

(asked on 6th July 2021) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what recent assessment the Government has made of the level of illicit Russian finance in the UK.


Answered by
Wendy Morton Portrait
Wendy Morton
This question was answered on 12th July 2021

We continue to bring our full capabilities to bear against illicit finance in the UK, whether through legislation, or a strengthened law enforcement response led by the National Crime Agency. Our work tackling illicit finance was supported by £63 million of additional funding in 2020/21. Further details of the Government's assessment of illicit financing can be found in the 2020 National Risk Assessment of money laundering and terrorist financing: https://www.gov.uk/government/publications/national-risk-assessment-of-money-laundering-and-terrorist-financing-2020

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