Podcast: Chinese Money Laundering and the ‘Flying Money’ Threat

Listen to Kathryn Westmore explore the threat of Chinese money laundering as she joins Tom Keatinge (Director, Centre for Finance and Security) and Teddy Nicholson (NCA, NECC) on Episode 21 of RUSI’s Suspicious Transactions Report Podcast.

Chinese money laundering organisations have become a growing concern for law enforcement, policymakers and the private sector. But how do these networks operate, why are they attractive to organised crime groups, and what makes the UK vulnerable? Together, they discuss why these services are used by organised crime groups, including those involved in the cocaine trade; how money-laundering networks are adapting through crypto, fintech-style tools, and cross-border criminal services; and how law enforcement agencies and the regulated sector can respond.

Read Kathryn’s full research paper and find out how her work is informing debates and policymaking in the UK and more widely on the Exploring the Threat of Chinese Professional Money Laundering project page.