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An employee holds a silicon wafer with chips etched into it as US Vice President Kamala Harris, not pictured, visits Applied Materials in Sunnyvale, California, on May 22, 2023. (Jim Wilson/AFP via Getty Images)
18
June 2020
Past Event
Video Event | Senator Bill Cassidy and John Penrose MP on Transatlantic Initiatives Curtailing Illicit Finance
Video Event | Senator Bill Cassidy and John Penrose MP on Transatlantic Initiatives Curtailing Illicit Finance
Past Event
Hudson Institute, Washington, D.C. Headquarters
June 18, 2020
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18
June 2020
Past Event
1201 Pennsylvania Avenue
Washington, D.C., District of Columbia 20004
Speakers:
**This event will premiere on this page at 12:00 p.m. EDT, Thursday, June 18.**
Join Hudson Institute for a conversation with Senator Bill Cassidy and John Penrose MP on the transatlantic efforts to counter illicit finance. The discussion will be moderated by Hudson Research Fellow Nate Sibley.
Illicit financial flows are estimated to cost the global economy trillions of dollars annually. They have devastated the developing world and increasingly undermine capitalism and rule of law in advanced democracies.
As the world’s two biggest financial centers, the United States and the United Kingdom have a unique responsibility to confront transnational corruption and other economic crime. The United States has long been the global leader on financial crime enforcement, while the United Kingdom has championed corporate transparency and other innovative reforms, but vulnerabilities in money laundering, and other areas, remain.
Senator Cassidy and Mr. Penrose will discuss how to strengthen cooperation against illicit finance.
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