News
- Gulnara Karimova, daughter of the late Uzbekistan leader Islam Karimov, has not been heard from for months - but Swiss prosecutors recently questioned her about her role in a major international bribery scandal. (WSJ)
- Joe Biden said that Russia uses corruption as a “tool of coercion” against Ukraine during his final visit to Kyiv as Vice President. (RFE/RL)
- China approved new anti-corruption rules designed to standardize procedures - but critics say they concentrate power in Xi Jinping’s hands. (VoA)
- A new Kroll survey found that a record nine out of ten Chinese companies encountered graft last year. (SCMP)
- Rolls-Royce paid $830 million to settle a bribery probe by UK and U.S. prosecutors. (FT)
- The UK government will review Scottish limited partnerships, a type of company which has been extensively implicated in global money laundering schemes. (Holyrood)
Features
- Jamie Doward investigates how Britain’s scramble to attract wealthy foreigners was accompanied by a flood of criminals and dirty cash. (Guardian)
- A summary of estimates of China’s illicit capital flows suggests $2 trillion has been exported illegally. (AML Law)
- Robert Gottliebsen explains how dodgy Chinese banks affect Australian property prices. (ABR)
- Casey Michel looks at reforming Congress’ outdated foreign lobbying laws. (KI)
