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Hide, park: Russian money in London

The Intelligence from The Economist

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London's Dirty Money Dilemma

This chapter explores London's attraction as a financial haven for Russian oligarchs, emphasizing the city's competitive tax rates and luxury properties. It highlights the dark side of this influx, including money laundering concerns and the legal complexities that enable wealthy individuals to operate with impunity. Recent geopolitical events have triggered a reevaluation of policies regarding economic crime, revealing the urgent need for stronger enforcement against illicit financial activities.

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