June 24th 2017
Urgent legislation was yesterday enacted by ministers to close a loophole which has made Scotland an unlikely focal point for allegations that Britain is facilitating money laundering on a vast scale. Campaigners have revealed for the first time the full extent of the dramatic growth in a little-known legal entity – Scottish Limited Partnerships (SLPs) – which have given rise to multiple claims that they were being used to process the proceeds of crime and corruption in Russia, Eastern Europe and beyond.