BRITAIN'S CANCELLATION OF INTELLIGENCE SHARING IN THE CARIBBEAN WITH THE UNITED STATES IS NOT GOOD NEWS FOR THE WAR ON MONEY LAUNDERING

The surprising appearance in reports on major UK media, that British cooperation in intelligence sharing with the US, regarding maritime drug trafficking shipments in the Caribbean, shows that the UK government is very unhappy with the current American administration's policy of attacking possible smuggling vessels, without any actionable intelligence confirming narcotics transport. Unfortunately, this cancellation of intelligence sharing also means bulk cash smuggling, via air and sea, is also not being passed on, for both methods are used to move cash destined for the same Caribbean offshore financial centers that have been employed for that purpose since the 1960s. Bulk cash exported from North America often takes circuitous routes to reach Caribbean banks whose officers don't ever ask about Source of Funds, and unwittingly, the new aggressive American military activities, which may be illegal, have made our European allies nervous, with good reason

As we are well aware, the Law of Unintended Consequences has again reared its angry head, and both narcotics, as well as bulk cash, smugglers are most likely pleased that the United States can no longer depend upon its allies' actionable intelligence regarding illicit Caribbean activity. Score another one for the money launderers who consistently operate in the Caribbean with impunity, employing locally-owned financial institutions which the United States chooses to ignore for reasons of diplomatic convenience. America just made it a little easier for the laundrym