UK accused of being 'money launderers' paradise'

UK - Britain still offers a safe haven for terrorist money and the authorities are doing virtually nothing about it, according to a damning report by a French MP.

The 400 page report says that the City of London's strict code of confidentiality allows money laundering to flourish.

The UK government called the report's findings "offensive". A Downing Street spokesman said the report "was inaccurate before 11 September and even more inaccurate since then".

City culture 'helps money launderers'


Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account