Banking that eliminates nearly all crime and corruption

TRANPARENT BANKING POLICY

WOULD YOU FORGO FINANCIAL PRIVACY FOR
HALF A £TRILLION
EVERY YEAR?

Summary and Aims of our policy.

To eliminate all forms of crime and corruption that involve money, through a restructured transparent banking system, creating a total maximum saving of £470 billion to £600 billion a year, (see below for the full evidence backed breakdown of these figures)

Current unresolved issues.

The hiding place of all financial crime is the hidden and untraceable bank accounts of the world, and cash. Most crime is carried out to acquire money, and the power and control that comes with it. It therefore will always involve transacting money, to launder, bank, and ultimately spend the money. It is important to realise that most violent crime is also linked to acquiring money in some way, as much of it is committed by organised criminal gangs who are seeking to protect their financial interests in activities such as illegal drug trading, sex trafficking, and human trafficking and exploitation. Hiding these transactions is the fundamental way in which criminals hide their crimes, and render them untraceable. Exactly the same logic applies to lesser forms of crime, such as corruption, bribery, unfair trading, scamming, hidden deals, and unfairly favourable financial benefits. Most forms of crime need financial privacy in order to function, indeed privacy is the hiding place for all crime.

Is there a system of banking that resolves all crime linked to money in one action?

We believe there is, and it requires a simple choice on the part of all people. Have financial privacy, and have all manner of financial crime, or abandon the idea of financial privacy, and eliminate nearly all financially based crime. Choosing the latter represents a major shift in the consciousness and values of people, one in which lawfulness is placed above financial privacy.

Our Policy - How it resolves the issues and achieves the aims.

Our policy is very simple and very radical; we call it Transparent Banking:

Eliminate cash.
Have a centralised banking system that interfaces with all bank accounts.
Make bank accounts and transactions transparent.

Elimination of nearly all crime

If we make all bank accounts visible in real time to the police and HMRC, so that crime and tax evasion can be investigated, the effect of this policy would be immediate and total. It will render the committing of any financially motivated crime, corruption, and tax evasion nearly impossible, as a full audit trail of the transgression would be immediately created in real time as transactions are made. It is then a much simpler matter for the police or HMRC to investigate and track the crime, as they immediately have access to all transactional history of the crime in real time.

Even if someone did succeed in committing a financial crime, it would be a simple matter to investigate, prosecute, and rectify the crime, (by returning any monies to the rightful owners), given that there immediately is a full historic record of every transaction and flow of money.

A key debate for society is how far do you go with transparency, should the Police and HMRC have this level of access, or should we go further? To put this question in perspective, we will see that £500 billion to £600 billion a year is available if we are prepared to forgo financial privacy in all areas of society, is financial privacy worth this saving? Our belief is absolutely yes, our valuing of financial privacy is in our view a dysfunctional culturally induced norm that is ultimately detrimental to society, as people only wish to be private about things they should not be doing or are uncomfortable doing. Our policy is a fundamental change in consciousness that people will need to accept and be comfortable with, if the policy is to be implemented in Britain.

One of the things we have repeatedly seen on our campaign trail is that there is much concern amongst the electorate that the government is corrupt, so this area would be an obvious second place to increase transparency. We could make all MP's, and all government institution bank accounts, fully and publicly transparent. This would include institutions such as HMRC, Bank of England, and public services, along with party bank accounts, and all MP bank accounts. This level of transparency would almost completely guarantee that only MP's that are of the highest integrity and honesty would ever consider entering politics. It would immediately act as the greatest possible screening process for all MPs.

Implementing these further stages of transparency would largely eliminate any form of crime or corruption in government, the civil service, and public services. This would build a deep trust between government and the people, a trust that is based on explicit publicly transparent facts. Trust in government is crucial for the effective running of a country, as without it the leadership and the people will not work effectively with each other.

A third stage could be making the banking of all police forces, police officers, judges, and lawyers transparent. This would largely eliminate any form of crime or corruption in these services, and build a deep trust in it, on the part of the public.

If society was ultimately to feel comfortable making all accounts transparent, such as all public service, business, savings, and private accounts, then the beneficial effects would be profound and far reaching.

Our transparent banking infrastructure introduces total financial visibility, resulting in:

The Near-Elimination of Violent Crime: Stripping the illicit market of its liquidity dramatically reduces the funding and motivation for violent criminal enterprise.
The Eradication of Public and Private Corruption: Permanent accountability across government, public services, corporate structures, and wider society.
Total Defence Against Monetary Fraud: The complete neutralization of scams, corporate fraud, and predatory financial conning.
The Collapse of Illicit Markets: The structural destruction of human trafficking, illegal arms dealing, drug distribution networks, and protection rackets.
The Neutralization of Property Theft: Street and residential theft become unviable, as liquidating stolen goods creates an instant, inescapable audit trail.
Absolute Protection Against Institutional Miscarriages of Justice: Structural scandals, such as the Post Office Horizon software failure, become impossible to conceal in a fully auditable system.
The Elimination of Hidden Financial Favouritism: Ending unfair trading, bribery, and covert financial agreements.

There are many other deeply beneficial effects of this policy, which increase as you make more accounts transparent.

For example given that people will see what everyone is earning, people will be able to ensure that they are getting fair pay that is equal to everyone else who does the same job, and women can for example check that they are receiving the same amount as men. This levelling up and balancing of pay would occur across the entirety of the economy, and ultimately promote a much fairer distribution of wealth, leading to a reduction of the wealth gaps in society. Everyone would feel everything is much fairer and safer, and know they are receiving what they should be.

Another advantage is the balancing of the workforce through supply and demand. It is our view that there are professions that are overpaid, and professions that are underpaid. If everyone could see what everyone is paid, people from underpaid professions would be attracted to work in the over paid professions, the supply of labour would therefore increase in this profession, and the pay for it would reduce as a result. The opposite is true for the underpaid profession, where the pay would increase. The effect of transparent banking then would be to balance pay correctly throughout all professions, according to how humans value working in each profession.

Tax fraud and evasion would become impossible, ensuring that all people pay their fair portion of tax, and this would make the overall process of tax collection more efficient, saving yet more money for the country. Similarly benefit fraud would be greatly reduced.

Linking transparent banking, with an automatic system of booking keeping and accounting, will enable a fully automatic system of accounting and tax collection, saving £billions in the British economy, see our Automatic Accounting and Taxation policy.

In general the entirety of the workings of our financial system, that is transacting money and banking, savings, investments, trading, bookkeeping, accounting, taxation, indeed anything that involves money, will become much simpler, safer, cheaper, and free from crime.

The benefits of this policy can be taken to a whole new level, if people are brave enough to accept the opportunities it offers with data. With a single banking and accounting system, the amount of available data regarding our financial system is in a sense total. Algorithms can analyse this data simply and quickly to check the financial health, and lawfulness, of any system , business, or person. So the economy could be very closely monitored, and any potential problems highlighted and resolved, before they ever become serious. Banking crises, recession, and depressions would be far less common. Businesses can use better algorithms fed with better data, that analyse their financial data and then offer financial advice and warnings of risk areas. They can also use the same information on other companies to assess their credit worthiness.

There is great opportunity to use this technology for the benefit of people. On a personal level an algorithm could let someone know that they are running too much debt, drinking to much alcohol, or spending too much in an area that they don't need to, and businesses will be empowered to understand if it is a good idea to extend loans to them or not.

People will become empowered with greater knowledge of themselves, and their financial management, and they can correct any problems they have quickly or seek help. Alternatively the supporting authority can be alerted through an automatic system, and offer this help if need be. If we use technology wisely, and forgo some of our privacy, their are endless opportunities to protect people and better our lives, see our Public Database Policy. We understand our policies are radical, but we respect societies preferences and change can be brought about slowly in stages, and at a pace that people are comfortable with.

Ultimate policy.

The ultimate form of this policy is to have worldwide transparent banking, from a single world banking system, using a single world currency, in order to bring the full benefits of it to all people on Earth. We understand the enormity of this task, not least is that countries would have to have stable economies that are compatible with each other.

The shift to transparent banking will represent a fundamental shift in the priorities of mankind, a shift where being functional, law abiding, efficient, and committed to fulfilling our dreams, is placed first, and regarded as more important than cultural priorities such as privacy. The choice we have is always simple; more privacy and more crime, or less privacy and less crime. We believe this represents a state of consciousness of mankind where all our priorities are in the correct order, and in alignment with the mission of Empowering all People, Solving Everything, and Fulfilling Every Dream. See our Transparent Truth Policy.

There is another profound benefit of transparent banking, it eliminates most of the distrust in the world. People will know the truth of where everyone and every organisation, stands financially. They will be able to verify, from the financials facts, that everyone is law abiding, and trustworthy. All the mistrust of governments, politicians, civil services, large corporations, the very wealthy, the media, anyone or any organisation of power, will be greatly reduced. Trust is essential for cooperation and effective working between people, organisations, and the government, without it, society cannot work together to create a functional country. Trust is also essential for comfortable and peaceful relationships, without it, tensions build, and civil unrest or war can erupt. Transparent banking creates universal, fact-based trust, a state of consciousness that is extremely desirable and beneficial for humanity, and something that is far more valuable than privacy.

Cost benefits of this policy - £470 billion to £600 billion a year.

If we look strictly at the data on economic crime—which includes fraud, money laundering, corruption, tax evasion, and illicit financial flows—eliminating these forms of crime would liberate an astronomical percentage of British GDP, this total "liberated" value falls into a bracket of 17% to 20% of GDP.

Here is how that figure breaks down based on independent economic research and parliamentary data:

1. Direct Economic Crime & Illicit Flows: ~14.5% to 17.5% of GDP

According to data compiled by academic researchers (including the University of Portsmouth) and anti-corruption watchdogs, economic crime alone costs the UK economy around £290 billion to £350 billion per year.

This single category accounts for 14.5% to 17.5% of UK GDP.
This includes massive, systemic drains like the £100 billion lost annually to money laundering (as estimated by the National Crime Agency) and hundreds of billions flowing through illicit finance and tax dodging.

2. The Rest of the Criminal Justice Drain: ~2.5% of GDP

If we expand the definition to any crime connected to money (which includes commercial theft, burglary, robbery, shoplifting, and the massive public cost of policing and running the prison/legal systems to handle them), we add another significant chunk.

A comprehensive report by the think-tank Policy Exchange calculated that the tangible costs of general crime to British society total roughly £170 billion annually (6.5% of GDP).
Once you subtract the purely violent or non-monetary offences, the property crimes, commercial thefts, policing, and court responses associated with financially motivated crime account for at least another 2.5% to 3% of GDP.

The Total Macroeconomic "Liberation"

Combining the elimination of white-collar financial crime with street-level wealth/property crime, you are looking at a total dividend of roughly 17% to 20% of GDP.

In concrete terms, if we go all out with transparency and successfully design a system that completely neutralized financially motivated crime, it will free up close to £400 billion to £500 billion a year in value (plus a further £100 billion, see below). This wouldn't just be saved public revenue; it represents a massive injection of trapped capital back into productive, value-adding work, completely transforming everyone's wealth and liberating an abundance of funds for public services.

Wellbeing benefits of this policy.

If Britain successfully eliminated all financial and economically motivated crime, the impact on human well-being would be profound, fundamentally altering the country's psychological landscape. When you remove the financial drains on a society, you don't just shift numbers on a ledger; you directly dismantle the chronic stressors that drive human suffering.

1. Breaking the "Vicious Circle" of Financial Distress

There is a deeply entrenched relationship between money and mental health in Britain. According to the Money and Pensions Service (MaPS), people facing chronic financial difficulties and debt are more than three times as likely to experience suicidal thoughts or severe anxiety than those who are secure.

The Well-Being Dividend: By wiping out systemic financial crimes—such as multi-billion-pound corporate frauds, pension scams, and predatory financial manoeuvres that deplete the wealth of ordinary citizens—you remove the sudden, catastrophic life events that plunge families into destitution.
Eliminating the risk of being financially swindled or structurally exploited creates a foundational baseline of existential safety. When people are not constantly functioning in "survival mode" due to financial insecurity, their psychological reserves are freed up for emotional growth, creativity, and community building.

2. Eliminating Ambient Community Anxiety

A groundbreaking study published in The Economic Journal by researchers at UCL and Queen Mary University revealed a massive hidden cost of crime: ambient mental distress in the local population.

The research demonstrated that a rising local crime rate induces severe anxiety and depression even among residents who are not direct victims. Continuous exposure to financially motivated property crimes, local thefts, and fraud is incredibly draining—in fact, the study noted that crime-induced mental distress is two to four times as damaging to a community's psychological well-being as comparable increases in local unemployment.
The Well-Being Dividend: Completely removing these crimes would lift a heavy, invisible blanket of fear. Trust in neighbours, openness in local communities, and the freedom for vulnerable demographics (who feel most exposed to these violations) to navigate society without hyper-vigilance would skyrocket.

3. Healing Institutional and Social Trust

At a macro-psychological level, pervasive financial white-collar crime and corruption breed profound cynicism and institutional alienation. When citizens see massive wealth being extracted through illicit means while regular work is squeezed, it breaks the social contract. It signals that the rules are for the powerless, generating collective anger and despair.

The Well-Being Dividend: Aligning society with the absolute moral values and radical transparency outlined in our policies would restore a sense of systemic justice. When people believe the game is fair and that their institutions operate with transparent truth, social cohesion replaces division.

4. Reallocating Wealth to Root-Cause Care

The financial dividend of eliminating these crimes (the ~£400 billion+ discussed earlier) would allow for unprecedented investment in human well-being.

To put this in perspective, the total economic and social cost of mental ill health in England alone sits at roughly £300 billion annually (comprising healthcare, lost productivity, and the raw human cost of reduced quality of life).
If this bill is reduced by one third from our policy, then this is another saving of £100 billion per year, bringing the total saving to £500 billion to £600 billion a year.
By liberating hundreds of billions of pounds otherwise lost to economic crime, a society could fully fund flawless, open-source education, comprehensive psychological support, and community frameworks.

Ultimately, eliminating financial crime removes the structural triggers for fear and scarcity. It transitions a society from a defensive posture of protection and policing to an active posture of self-actualization—allowing people to truly focus on what it means to fulfil their potential.

Cost benefits of this policy as a result of better mental health - £70 billion to £105 billion a year.

The total economic and social cost of mental ill health in England alone stands at £300 billion per year (based on data from the Centre for Mental Health). When scaled to include Scotland, Wales, and Northern Ireland, the UK-wide cost is roughly £350 billion annually.

If we successfully eliminated all financially motivated crime, the impact on this specific bill would be massive. By tackling the two deepest root causes of mental distress—financial trauma/scarcity and chronic community anxiety—this policy could realistically save between 20% and 30% of the total mental health bill. That translates to a direct relief of £70 billion to £105 billion every single year for Britain.

To see exactly where those savings come from, we have to look at how the £300 billion is currently broken down:

1. Slashing "Human Costs" (Quality of Life): ~£30bn – £40bn saved

The Current Cost: £130 billion of the total represents the invisible, non-monetary toll—the raw loss of well-being, life satisfaction, and premature mortality caused by severe mental distress.
The Policy Impact: Financial crisis is one of the single biggest triggers for acute psychological trauma. Sudden bankruptcy from corporate malpractice, being wiped out by a scam, or facing local property crime strips people of their existential safety. According to the Money and Pensions Service, people in severe financial distress are three times more likely to experience suicidal thoughts. Removing these predatory stressors immediately stabilizes public well-being, cutting a massive chunk out of this qualitative burden.

2. Boosting "Economic Costs" (Productivity & Workplace): ~£25bn – £35bn saved

The Current Cost: £110 billion is lost to the wider economy due to staff turnover, sickness absence, and presenteeism (being physically at work but mentally checked out due to distress).
The Policy Impact: Constant anxiety over financial survival or local crime keeps the human nervous system in a permanent fight-or-flight loop, destroying cognitive focus and driving workplace burnout. Removing the atmospheric anxiety of financial exploitation creates a more grounded, secure workforce. This directly lowers staff turnover and dramatically reduces mental health-related sick days.

3. Lowering Direct "Health and Care Costs": ~£15bn – £30bn saved

The Current Cost: £60 billion is spent directly by the state, NHS, and families on mental health treatments, therapy, and informal care.
The Policy Impact: Because physical and mental health are totally linked, chronic mental distress heavily inflates the physical healthcare system too (driving up cardiovascular problems, chronic pain, and insomnia). By preventing financial and community trauma from happening in the first place, you dry up the pipeline of people collapsing into clinical anxiety and depression. This significantly reduces the long-term strain on NHS psychiatric services, community care, and private therapy costs.

The Macro Pivot: Right now, Britain's economic system permits billions to be drained by financial crime while simultaneously burning hundreds of billions trying to patch up the psychological damage caused by that very same environment.

By eliminating financial crime, you don't just "save" money on healthcare—you permanently disrupt the cycle of systemic trauma. It changes the state's role from a defensive, overwhelmed emergency response unit into an active facilitator of human potential.

Supporting policies.

Public Database Policy.

Automatic Accounting and Taxation policy.

Transparent Truth Policy.

Supreme Law Policy

Law & it's Practice Policy

Education Policy