S&D E19 - Asset Laundering:
It’s More Than Money

In this episode of Seize & Desist, host Aidan Larkin sits down with renowned financial crime journalist Oliver Bullough, author of Moneyland (2019) and Butler to the World (2022), to discuss why global money laundering continues to be an uphill battle despite decades of international effort.

Aidan and Oliver explore the roots and evolution of money laundering, from the Medici’s of Renaissance Italy to the offshore shell companies of the Caribbean and the digital currencies of the future.

They also touch upon the UK’s pivotal role in facilitating illegal financial flows, the advent of hawala banking networks and the systemic challenges that impede effective asset recovery.

‍

Timestamps

00:00 - Exploring the UK's Role in Money Laundering and Corruption

03:54 - Complex Global Money Laundering Challenges

11:23 - The Evolution of Value Transfer Systems Through History

16:06 - Rethinking Financial Crime Compliance

22:32 - Money Laundering's Influence on Global Crime

26:41 - The Role of Cash and Crypto in Crime Networks

30:45 - The Global Fight Against Money Laundering

38:28 - Recovering Covid-Related Fraud Payments

42:04 - Combating Corruption and Money Laundering

Resources Mentioned

• Oliver Bullough on The Guardian https://www.theguardian.com/profile/oliverbullough 
• Books by Oliver Bullough:
  Moneyland - https://amzn.eu/d/ezB43Rv
  Butler to the World - https://amzn.eu/d/gaqVRE9 

About our Guest

Oliver Bullough is an award-winning journalist and author of Moneyland (2019) and Butler to the World (2022). He is known for his in-depth reporting on offshore finances and the role of the UK in facilitating corruption, with his work regularly being featured in the Guardian, the New York Times, GQ magazine, the Economist, and other places. 

Disclaimer

Our podcasts are for informational purposes only. They are not intended to provide legal, tax, financial, and/or investment advice. Listeners must consult their own advisors before making decisions on the topics discussed.  

Asset Reality has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material.

The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Asset Reality employees are those of the employees and do not necessarily reflect the views of the company. 

Asset Reality does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material. 

Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Asset Reality.