In January, the Hudson Institute published this paper which is said to offer a forceful argument for taking important steps to stem the flow of money into the hands of kleptocrats.  For the sake of America’s reputation abroad and Americans’ well-being at home, it says it cannot be complacent as the threat of kleptocracy looms.  The paper proposes a number of steps that could be taken – the first step being to create a register of corporate beneficial ownership – something that the US has started to do.  it calls for making professional enablers of transnational corruption accountable, tackling trade-based money laundering and removing tax incentives for kleptocrats.  One also needs to require kleptocrats to account for unexplained wealth.

I would be grateful for any modest contribution for my time and ongoing costs of computer, relocation, and (still ongoing) removal costs, I have a page, where contributions start as low as $3, at

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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