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The UK will never ask, because one ironclad requirement will be adopting the EU's financial transparency laws. Avoiding those laws was the reason for Brexit in
by tuatoru 4y ago
The UK will never ask, because one ironclad requirement will be adopting the EU's financial transparency laws.
Avoiding those laws was the reason for Brexit in the first place. London is the money laundering capital of the world.[1]
1. 2017: https://www.prospectmagazine.co.uk/economics-and-finance/london-the-money-laundering-capital-of-the-world https://www.prospectmagazine.co.uk/economics-and-finance/lon...
2014: https://www.thetimes.co.uk/article/london-is-money-laundering-capital-5x7hcspf9wx https://www.thetimes.co.uk/article/london-is-money-launderin...
2022: https://www.helsinkitimes.fi/world-int/21280-why-is-london-money-laundering-capital-of-the-world.html https://www.helsinkitimes.fi/world-int/21280-why-is-london-m...
- fmajid 4y agoI suspect Dubai's taken over since the Ukraine war and Russian oligarchs being sanctioned (even when those who donated to the Tory party were given plenty of advance notice to shelter their assets with a nod and a wink). That spooked all other shady money, and they decamped to the UAE where dirty money is welcomed with open arms. After all, before the discovery of oil, the economy of Dubai was based on smuggling gold to India.