New Research: Economic Crime and Illicit Finance in Russia’s Occupation Regime in Ukraine

Despite Ukraine's ongoing counter-offensive, in September 2023 Russia still controlled around 17 per cent of Ukrainian territory, an area roughly the size of Denmark. Russia's occupation of these Ukrainian territories relied primarily on repression and violence, but economic levers also played an important role in consolidating Russian rule. This research details Russia's illicit economic activity in the occupied territories and calls for more international attention to this aspect of Russia's invasion.