Real estate money laundering (REML) represents a critical vulnerability in the global financial system, yet research and policy developments remain scarce in the Global South despite these regions’ countries increasingly becoming “countries of asset location.” While the Financial Action Task…

The emergence and survival of ‘Londongrad’, despite the UK anti-money laundering regime, is an intellectual and policy conundrum. We analyse an original dataset of £2 billion of domestic real estate in the United Kingdom owned by elites from post-Soviet states…

This paper analyses how consulting firms enabled state capture in South Africa’s state-owned enterprises. It shows how weak procurement rules, manipulated success fees, and the reputational cover of global firms like McKinsey allowed local partners Regiments and Trillian to embed…

This paper identifies how structural weaknesses in voluntary carbon markets create corruption risks—and outlines evidence gaps for future research. It examines how market volatility, poor oversight, and regulatory ambiguity expose VCMs to fraud, threatening their credibility and effectiveness.

This briefing reveals how BGFIBank DRC was transformed into a vehicle for grand corruption by Congo’s ruling elite. It details how illicit financial flows were enabled through mis-invoicing, fictitious loans, and compromised oversight. The findings expose systemic failures in banking…

Illicit financial flows have surged in the Western Balkans and the Black Sea region following Russia’s full-scale invasion of Ukraine. This increase is closely linked to the re-export of dual-use goods from the EU to Russia through established smuggling routes…