Key Point Consolidating the international consensus that the professional enablers of corruption should be required to watch out for dirty money would require landmark reform initiatives—split roughly evenly between enacting new rules and enforcing [...]
Alliance for Securing Democracy Malign Finance Fellow Josh Rudolph discusses the “Pandora Papers” and the federal legislative response. [...]
Leaked Papers Expose Need for US to Act on Enablers of Dirty Money The U.S. government should respond to the Pandora Papers – an investigation by a group of news media outlets based on 11.9 million private financial records – with sweeping and forc [...]
The professional services offered by the US and UK remain an Achilles’ heel in the fight against illicit finance. This discussion will consider how London and Washington can make a step-change in combatting these facilitators. Criminals, malign acto [...]
As revelations from the “Pandora Papers” continue to rock the world of high finance, investigators are pointing to ways the offshore accounting system can be reformed and made more transparent. Maíra Martini, a money-laundering expert with Transpare [...]
A recent new report released to the Wall Street Journal reveals some financial secrets of how some of the world's wealthiest and powerful political leaders have managed to hide billions of dollars. According to the report, some of the leaders involv [...]
Yesterday, the International Consortium of Investigative Journalists released what they call the Pandora Papers. The exposé revealed the financial secrets and offshore deals of dozens of heads of state politicians, public officials, and celebrities [...]
Modern dictatorship relies on access to the West. Lawyers, lobbyists, accountants, real estate professionals, consultants, and others help kleptocrats launder their money and reputations—and exert undue influence in democracies—in exchange for dirty [...]
If Biden is serious about fighting corruption, he needs to regulate 10 key white-collar professions. The FBI has long viewed obscure private investment funds as dangerous financial pathways for malevolent foreign activities. Nearly a decade ago, th [...]
Executive Summary When kleptocrats, foreign intelligence services, homegrown autocrats, and other malign actors weaponize corruption to undermine U.S. democracy, their financial secrecy relies upon the services of ten sectors of U.S. professionals [...]
The fight against corruption has emerged as a defining struggle of our era and a key area of emphasis for the Biden administration and Congress. In late May, the White House designated combating corruption as a core national security interest, an un [...]
President Biden’s trip to demonstrate “America’s renewed commitment to our allies and partners” and showcase “the capacity of democracies to both meet the challenges and deter the threats” culminates with a one-on-one meeting between Biden and Russi [...]
While President Joe Biden’s critics have been arguing that sitting down with Putin on June 16 would look weak and wobbly, White House officials have kept their heads down and laid the groundwork for what could become the most sweeping policy initiat [...]
Malign Finance Fellow Josh Rudolph discusses how we should approach corruption and kleptocracy from a policy perspective and why Treasury needs to "get with the program." Related reading: Coordinating the War on Corruption by Josh Rudolph Treasury [...]
Josh Rudolph and Abigail Bellows join Nate Sibley to explore how diplomacy, foreign development aid, and financial policy can be leveraged against kleptocracy. Casey Michel and Paul Massaro discuss the hijacking of an airliner by Belarus. [...]
It was always going to be a difficult needle to thread. The Biden administration clearly views Russia’s Nord Stream-2 natural gas pipeline as a geopolitical project that threatens European energy security and that of Ukraine and eastern flank NATO a [...]
The U.S. Treasury Department must make it a priority, Malign Finance Fellow Josh Rudolph argues in Foreign Affairs. Combating corruption and kleptocracy has traditionally been an afterthought in U.S. foreign policy: a goal that most policymakers c [...]
Executive Summary The Biden administration has a historic opportunity to unify U.S. domestic and foreign policy through an aggressive mission to combat corruption and kleptocracy. Middle-class Americans are frustrated by perceptions of corruption [...]
How do you sanction a problem like Russia? For nearly a decade, the United States and its allies have been levying sanctions against Moscow in an effort to deter its revanchist behavior and contain its malign influence activities. And over this per [...]
Key Point Beneficial ownership reform offers a historic opportunity—if strongly implemented—to build resilience against what has become a leading national security threat: malign actors funded by and weaponizing the proceeds of kleptocracy to harm t [...]
The Russia sanctions announced by the Biden administration on Thursday did not impose severe financial costs on Moscow, although the measures are stronger than those of the Trump administration because they are credibly reinforced by the president’s [...]
In his farewell address, President George Washington warned about “the insidious wiles of foreign influence.” In Sen. Joe Manchin’s (D-W.Va.) recent statement supporting some provisions in the For the People Act (S. 1), he voiced a modern echo of Wa [...]
Introduction and Summary In his push for bipartisan efforts on voting rights legislation, Senator Joe Manchin (D-WV) warned that “the lack of transparency in many campaign finance rules provides multiple avenues for foreign and national adversaries [...]
The U.S. government must reimagine FinCEN as an essential one-stop shop to support law enforcement with sophisticated financial intelligence and formidable analytic capabilities, Malign Finance Fellow Josh Rudolph and Gary Kalman write in Foreign Po [...]
Speakers: Karen Donfried President, The German Marshall Fund of the United States Mária Kolíková Minister of Justice, Slovak Republic Josh Rudolph Fellow for Malign Finance, Alliance for Securing Democracy Moderator Jonathan Katz Senior Fellow and D [...]
Nobody has suffered serious legal consequences for actively welcoming—some say aiding and abetting—Russian interference in the 2016 and 2020 elections, or for having asked the presidents of Ukraine and China to similarly interfere. One reason for th [...]
Malign Finance Fellow Josh Rudolph joined Chatham House for an event that explored how the Kremlin uses Russian money in London to exert influence over British politics. The United Kingdom has long attracted money from criminal and Kremlin-linked so [...]
Summary Recommendation Within the first 100 days of the Biden administration, the U.S. Treasury Department should publish its first-ever National Corruption Risk Assessment about the financial networks of oligarchs and kleptocrats, reviewing case st [...]
Malign Finance Fellow Josh Rudolph joined "The Power Vertical" to discuss how the Biden administration can combat corruption and kleptocracy. Russia’s banks can be as dangerous as Russia’s tanks. Corruption is the new Communism. The Kremlin’s black [...]
This was originally published on GMF's blog. It was written by Rachel Tausendfreund based on contributions from Kristine Berzina, Jessica Brandt, Peter Chase, Sam DuPont, Lindsay Gorman, Jacob Kierkegaard, Karen Kornbluh, Nad’a Kovalčíková, Ian Less [...]
Executive Summary In recent years, U.S. government officials have normalized a damaging notion: that soliciting or participating in foreign interference in a U.S. election will not be prosecuted. Foreign governments from Beijing to Moscow and else [...]
Executive Summary: Mobilize the Regulatory Arsenal The incoming Biden administration has signaled through speeches, articles, and interviews that one of its top policy priorities will be combating corruption and kleptocracy.See Vice President Joe [...]
Testimony before the European Union Parliament, Special Committee on Foreign Interference in all Democratic Processes in the European Union, including Disinformation December 2, 2020 Josh Rudolph, Fellow for Malign Finance, Alliance for Securing Dem [...]
Malign Finance Fellow Josh Rudolph joined "The Power Vertical" to discuss the findings of his new report, Covert Foreign Money. They’ve granted loans to a French political party. They’ve spread around oil profits in Italy. They’ve given material s [...]
A Soviet adage suggests Westerners play chess proficiently through the opening and middlegame, only to be overtaken by a surprisingly offensive Soviet endgame. In the days ahead, Russia might stage a come-from-behind endgame attack in the aftermath [...]
ASD Fellow for Malign Finance Josh Rudolph joined Levi Gundert and Jesse Spiro in a panel discussion on the role of cryptocurrency in election interference at the Center for a New American Security (CNAS). [...]
ASD Fellow for Malign Finance Josh Rudolph joined Gemma Rogers of Fintrail and Edward Lucas of CEPA to discuss how covert foreign money has undermined the democratic process in North America and Europe in a panel at the Royal United Services Institu [...]
Malign Finance Fellow Josh Rudolph gave a lecture entitled "Subverting Elections: A Toolkit of Foreign Interference" at Middlebury College's Rohatyn Center for Global Affairs. [...]
On October 1, 2020, the Alliance for Securing Democracy and the European Centre of Excellence on Hybrid Threats in Helsinki hosted a virtual discussion on the threat malign financial activity poses to democracies across the transatlantic space. Elle [...]
This week, GMF's "Out of Order" hands the mic over to Josh Rudolph, the Malign Finance fellow at the Alliance for Securing Democracy and the author of the new report, Covert Foreign Money. Josh is joined by Luke Harding, best-selling author and seni [...]