Kleptocracy Daily: February 23, 2017

“The passage of the Magnitsky Amendment to the Criminal Finances Bill has been a major victory for a broad coalition of campaigners pushing to highlight the national security threat, and the threat to the integrity of the UK housing market, posed by kleptocrats liberally laundering their assets.” – Ben Judah (WaPo)


The extradition of Dmytro Firtash to the U.S. may be delayed if he faces further organized crime charges in Spain. (ABC)

Regulations that aimed to prevent illicit financial flows from infiltrating the U.S. real estate market expire today–and their future is uncertain. (Mansion Global)

UK regulators fear that their battle against money laundering may be faltering, and that millions in illicit funds are still flying under the radar. (IBT)

HSBC, the UK’s largest bank, has set aside a $733 million allowance for ongoing tax authority investigations. (Bloomberg)

China is set to start anti-graft inspections at universities. (Xinhuanet)

The New York State Department of Financial Services has stepped up as one of the U.S.’s top anti-money laundering enforcers. (The Hill)


The Despot’s Guide to Wealth Management: On the International Campaign against Grand Corruption, a new book by J.C. Sharman, examines grand corruption around the globe and the difficulties associated with asset repatriation. (Economist)