Kleptocracy Daily: June 29, 2017

July 18: KI and the Partnership for Transparency’s Anti-Corruption Forum will host a discussion on U.S. government approaches to kleptocracy and money laundering, including investigations, prosecutions, compliance, and possible legislation. More information and registration here.


U.S. lawmakers unveiled bipartisan legislation which would require companies to reveal their true, beneficial owners at the time of incorporation. The legislation has been proposed several times before, but has always stalled amid opposition from banks and states.

A U.S. judge dismissed a lawsuit claiming Deutsche Bank had failed to disclose to investors deficiencies in its anti-money laundering controls which allowed Russian customers to launder about $10 billion.

The Russian parliament is considering new legislation which could see tens of foreign Russian-language media outlets banned from operating within the country–foreign outlets broadcasting in Russian, even if they were registered abroad, which fail to register as foreign agents would then face closure.

Emails allegedly belonging to a Russian lawyer reveal hidden influence on Magnitsky Case investigations.


Macron rides European wave of lower tolerance for corruption.

The UK National Crime Agency released its annual threat assessment, which highlights anonymous companies and professional enablers.