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 https://www.buymeacoffee.com/KoIvM842y