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STR: Suspicious Transaction Report

STR: Suspicious Transaction Report

By: Royal United Services Institute
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From the team analysing the intersection of finance and security, tune into compelling conversations on the real-world impact of global illicit finance. This podcast explores the financial dimensions of today's leading transnational security challenges. Host Tom Keatinge and the team from the Centre for Finance and Security at RUSI bring you unique insights on the challenges posed by illicit finance and practical analysis of the policy responses. They interview top thinkers and influential voices who unpack the complex world of money laundering, corruption, sanctions evasion and illicit flows, and explain how this shapes the evolving global security landscape, and what democracies and international institutions must do to stay ahead when it comes to the financial dimensions of the global threat outlook. Suspicious Transaction Report is also home to CFS's 'Financial Crime Insights' podcast, which ran from 2020 to 2023. Politics & Government
Episodes
  • Is Populism a Business Model?
    May 29 2026

    Money, media and influence networks are turning political grievances into engines of power and profit.

    Populist movements are reshaping politics across Europe and North America. But beyond the rhetoric, rallies and social media campaigns lays a critical question: who is funding this political transformation – and why?

    Host Tom Keatinge is joined in this latest episode by Liam Byrne MP, author of Why Populists Are Winning and How to Beat Them, to explore the financial architecture behind contemporary populism. They examine the 'supply side' of populist politics: the role of major donors, offshore money, media ownership, opaque influence networks, algorithmic amplification, why political finance can no longer be viewed separately from media influence and national security, and, ultimately, who profits from the resulting political turbulence.

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    30 mins
  • Crypto and Sanctions Evasion: Russia's Growing Shadow Economy
    May 15 2026

    Crypto use is central to Russia's evasion of sanctions aimed at restricting its military procurement. It is past time for action.

    Over the past four years, sanctions against the financing and resourcing of the Russian military have been a key pillar of the West's response to the Kremlin's illegal war of aggression in Ukraine. But as pressure has mounted on the traditional financial system, a parallel ecosystem has taken shape — one that operates beyond the reach of conventional controls.

    From shadow fleets moving oil, to increasingly sophisticated procurement networks, Russia has shown a clear ability to adapt. And now, crypto is playing a growing role in enabling the purchase of the goods and components that sustain its war machine.

    In this latest episode, host Tom Keatinge, Director of the Centre for Finance & Security at RUSI, is joined by Gonzalo Saiz from the CFS team, and Kaitlin Martin, a Senior Intelligence Analyst on the National Security Intelligence team at Chainalysis, to explore how crypto is being used in Russia's procurement networks, and what policymakers need to do to keep up.

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    38 mins
  • From Passive to Active: The Revolution at UK Companies House
    May 1 2026

    The long-derided corporate registry is finally coming into its own as a central player in confronting the UK's role in global illicit finance.

    When the UK government opened its company register – Companies House – to public scrutiny in 2015, campaigners and journalists cheered. But as everyone dug into the data this revealed, the extent to which the register had become a central tool in global corruption, kleptocracy and criminality became clear; and the fact that Companies House had almost no powers to scrutinise, verify or exploit the data it had gathered confirmed everyone's worst fears, a position that was inexcusable.

    In this latest episode of the Suspicious Transaction Report, host Tom Keatinge is joined by Matt Pennell, Head of Intelligence at Companies House, to explore how the registry is being transformed from a library for unverified information – from all-comers in the world, and that it was obliged to accept – to an increasingly valuable intelligence tool in the fight against illicit finance in the UK and around the world.

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    28 mins
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