The projects funded under this programme aim to bring new research ideas and methods to bear on understanding the UK’s international challenges - past, current and future.
Corruption, Dirty Capital and the London Property Market
This multi-disciplinary project investigates the proceeds of grand corruption are laundered, and what action might be taken.
The UK has only recently recognised its own role in facilitating global corruption. That is significant as the UK is vulnerable to money laundering as perpetrators often spend the proceeds of corruption on London property. This project will:
(i) Examine illicit financial flows from developing countries and map how that ‘dirty capital’ is laundered in the UK real estate sector; and
(ii) Assess the adequacy of the anti-money laundering framework, through desk-based risk assessments as well as qualitative interviews with relevant facilitators (estate agents) and regulators (professional associations and law enforcement).
This project aims to deliver significant policy-relevant findings, drive the research agenda on how ‘dirty capital’ infiltrates the property market and improve public understanding of this international problem.
Principal Investigator: Dr Colin King, University of Essex
We foster international collaboration in the humanities and social sciences, and promote the sharing of international perspectives on global challenges.