U.S. anti-money laundering regulations are outdated and ill-equipped to counter emerging threats in the globalized financial system. For the most part, they do not apply to key segments of the economy including law, incorporation services, and real estate, creating loopholes for unscrupulous professionals to help launder the illicit funds of kleptocrats and other criminals.
To the detriment of U.S. foreign policy, these gaps have enabled kleptocracy and in turn, strengthened authoritarianism, state failure, civil unrest, and social degradation across the world. Money Laundering for 21st Century Authoritarianism, a new report from Hudson Institute's Kleptocracy Initiative, investigates the inner workings of a shadowy financial system that is outstripping U.S. law enforcement and provides a call to action against a grave threat.
On December 1, Hudson Institute hosted a discussion with Ben Judah, co-author of the report, Raymond Baker of Global Financial Integrity, Charles Davidson of Hudson Institute’s Kleptocracy Initiative, Gary Kalman of the Financial Accountability and Corporate Transparency Coalition, and Brady Jay Olson of the FBI's Transnational Organized Crime Section.
Please join Hudson Institute for a fireside chat with Senior Fellow and Keystone Defense Initiative Director Rebeccah Heinrichs and John Spencer, chair of Urban Warfare Studies at the Modern War Institute at West Point and co-director of the Urban Warfare Project.
Join Hudson Institute and the Ben Franklin Fellowship for a two-panel discussion examining US policy as it confronts the crisis of terror in Nigeria.
Join Hudson Institute's Center for the Economics of the Internet for a keynote address given by Tricia Paoletta on the Trump administration's progress in managing and reallocating the electromagnetic radio frequency spectrum from the federal domain.
Join Hudson Institute for a discussion with Federal Trade Commission Chairman Andrew Ferguson and Senior Fellow Harold Furchtgott-Roth.
