Kleptocrats’ trusted helpers: The professions that enable illicit financial flows

Sophie Lemaître () and Anrike Visser
Additional contact information
Sophie Lemaître: IODE - Institut de l'Ouest : Droit et Europe - UR - Université de Rennes - CNRS - Centre National de la Recherche Scientifique

Working Papers from HAL

Abstract: ‘Enablers' are those people and professions who make illicit financial flows possible. They include lawyers, accountants, bankers, real estate agents and others – and the firms they represent. Whether they know it or not, they play an essential role in helping kleptocrats to move, launder and spend the proceeds of their illicit wealth, while also helping them to ‘whitewash' their reputation. Many enablers are based in countries that are significant providers of official development assistance. We therefore make some important recommendations to help address the ‘enablers' problem'.

Keywords: Corruption; Illicit financial flows; Professional enablers; Beneficial ownership; Money laundering; SLAPP (search for similar items in EconPapers)
Date: 2023-05-18
Note: View the original document on HAL open archive server: https://hal.science/hal-04654329
References: Add references at CitEc
Citations:

Published in U4 Anti-Corruption Resource Centre. 2023

Downloads: (external link)
https://hal.science/hal-04654329/document (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:hal-04654329

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().