Given the impressive coordination with the EU and US on sanctioning individuals and entities in relation to the war in Ukraine, we urge the Government to build on this initiative and to develop a comprehensive transatlantic partnership to curb kleptocracy. This transatlantic partnership has the potential to adjust the global financial order in a way that bears down on corruption and bolsters democratic values.

Given the impressive coordination with the EU and US on sanctioning individuals and entities in relation to the war in Ukraine, we urge the Government to build on this initiative and to develop a comprehensive transatlantic partnership to curb kleptocracy. This transatlantic partnership has the potential to adjust the global financial order in a way that bears down on corruption and bolsters democratic values. Type: recommendation | Number: 14 | Paragraph: 35 | Response status: under_consideration Government response: The Government notes the Committee’s recommendation and agrees that transatlantic collaboration and coordination are vital if we are to bear down on the myriad harms caused by illicit finance and kleptocracy. The Government places strong emphasis on working with partners around the world bilaterally