How Dirty Money Enters UK Politics

The United Kingdom has long been known as a hotspot for hiding dirty money, and London has even been dubbed the money laundering capital of the world. A new report issued last week has now detailed how legal loopholes allow for money from foreign sources to fund British politics and influence elections. The report released by the Committee on Standards in Public Life, an independent advisory body to the U.K. government, was triggered by concerns over the increased digital campaigning and its potential to hamper campaign finance tracking. The committee consulted candidates and officers from various political parties, as well as experts and academics, in hopes…