Oliver Bullough: Why We Get Fighting Financial Crime Wrong

Laundering money has never been easier, cheaper, or more secure for bad actors, so why do we persist with our current response? In this latest episode, host Tom Keatinge is joined by journalist Oliver Bullough to discuss his latest book, 'Everybody Loves Our Dollars: How Money Laundering Won', which reveals the seeming futility of the current approach to fighting financial crime. Those who work in the world of financial crime inevitably get caught up on the 'hamster wheel' of compliance without stopping to ask: 'why?' Oliver's book takes the time to do just that. It is a tough read – and an equally challenging listen – for those whose careers have been built on the long-held belief that our approach to financial crime fighting is making a difference. But as Oliver argues, it is past time we considered honestly whether all the money and time spent on fighting financial crime the way we currently approach the challenge is actually making a difference.