Financial Crime Financial Crime

UK takes aim at 'dirty cash' under expanded Magnitsky legislation, says Raab

By Martin Coyle
  • 20 Apr 2021 12:17
  • 20 Apr 2021 12:17

UK legislation to counter the threat of “dirty money” will be expanded shortly, foreign minister Dominic Raab said today, after lawmakers warned of Russia’s influence in the country.

Raab said that the country’s Magnitsky sanctions legislation, now used to target human rights abusers, would be widened.

“We will shortly introduc

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Martin Coyle

Senior Correspondent

Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.

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