There is an emerging recognition in Western capitals that Russian strategic economic coercion and malign financial activity threaten to undermine the rule of law, weaken democracy, and meaningfully affect American and European politics. This underst [...]
The joint position paper published by the finance ministers of France, Germany, Italy, Latvia, the Netherlands and Spain on November 8 is likely to pave the way for strong European Union legislation, ASD's Josh Kirschenbaum writes with Nicolas Veron [...]
Success in countering illicit financial activity will entail a change in mentality, better information sharing, and closer coordination within governments and across borders, Senior Fellow Joshua Kirschenbaum asserted in a brief for Frivarld, the St [...]
In March, the European Union passed a regulation, the most binding legal instrument at its disposal, to strengthen foreign-investment screening processes throughout the union. The law came into force in April, and member states have until October 20 [...]
Using the analogy of a front and a back door, ASD's Josh Kirschenbaum explains that while the U.S. Government has been assiduous in anti-money-laundering enforcement against banks, it has been lax in its AML enforcement against electronic payments c [...]
This article was originally published as a German Marshall Fund Transatlantic Take on July 26, 2019. In 2014 the Organized Crime and Corruption Reporting Project (OCCRP) revealed a staggering Russian money-laundering operation perpetrated through [...]
ASD Senior Fellow for Malign Finance Joshua Kirschenbaum joined Jesper Berg, Director General of the Danish Financial Supervisory Authority, and Evika Silina, Parlimentary Secretary to the Prime Minister of Latvia on a panel at the German Marshall F [...]
ASD Senior Fellow Joshua Kirschenbaum and GWU's Jennifer DeNardis discuss the recent Financial Action Task Force evaluation of Russia with the Program on Compliance and Enforcement at the NYU School of Law. "Russia in recent years has been the most [...]
ASD's Joshua Kirschenbaum and the Financial Integrity Network's David Murray highlight the growing risk that opaque foreign investments pose to U.S. national security. "The U.S. has always welcomed foreign capital – much to our economic bene [...]
Awareness of who owns what is critical to national security, and the U.S. government knows far less than you think. Even after Congress outlaws completely anonymous companies, it will still be difficult for the government to understand patterns of [...]