The Annals of Money-Laundering: Cyprus and London…

March 25, 2013

 

money

It’s fascinating to read the news of events/”solutions” in Cyprus (see here and here) in the context of this dissection of “the new London.”

Cameron has continued Blair’s resistance to any U.K. integration into the financial regulatory regime… and the UK has emerged as a champion tax haven and  money laundry– one that, in the future, seems unlikely to be feeling much competitive pressure from Cyprus for Russian deposits.

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