Bangladesh, Dec. 10 -- The United Kingdom has unveiled a sweeping new anti-corruption strategy aimed at dismantling the networks of legal, financial and accounting professionals who knowingly-or in some cases negligently-facilitate illicit finance. While the initiative marks one of the most aggressive measures Britain has taken in recent years to curb corruption, questions remain over its effectiveness and its failure to address the political sphere, which critics argue remains one of the countrys deepest vulnerabilities.

Announced alongside more than 120 commitments across various branches of government, the strategy earmarks over £15 million in new funding for the City of London Polices Domestic Corruption Unit. This investment is...