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Compliance Officers Playbook

Britain's Role in Combating Global Corruption After US Retreat

19 Feb 2025

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The episode highlights a shift in global anti-corruption efforts, spurred by the US's recent decision to retreat from this arena. It argues that the UK must now step up, filling the void left by the US, which was historically a leader in combating financial crime and kleptocracy. The piece criticises the UK's past involvement in facilitating corruption through tax havens and anonymous shell companies but notes recent improvements in transparency and law enforcement. It suggests that reversing these improvements would be a mistake, urging the UK to prioritise the rule of law over short-term economic gains, especially with Trump's recent policy. 

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