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In the latest episode of Financial Crime Matters, Kieran Beer, editor in chief of ACAMS moneylaundering.com, and Oliver Bullough, a reporter for the Guardian, discuss how the U.K. and its overseas territories evolved into hubs for corrupt proceeds and other criminal assets. Beer and Bullough also discuss the difficulty of prosecuting financial criminals and recent measures the U.K. has introduced to combat illicit finance.

Listen to the podcast here.

Find Kieran on Twitter @kieranbeer and on LinkedIn.