Brexit dirty money warning: UK put on alert to prepare for EU transition end

The Tactics Institute for Security and Counter Terrorism cautions against a “race to the bottom” outside the EU and argues the UK should not try to imitate low-regulation economies such as the United Arab Emirates (UAE).

The report accuses the European of failing to clean up its act or improve financial transparency, and urges the remaining member states to adopt London’s regulatory and oversight standards.

It says...