• Frank Launder
  • Frank Launder (28 January 1906 - 23 February 1997) was a British writer, film director and producer, who made more than 40 films, many of them in collaboration with Sidney Gilliat. (wikipedia.org)
  • Anti-Money Laun
  • Enhancing Anti-Money Laundering Programs with Automated Machine Learning, Jan 11 Webinar - Jan 3, 2018. (kdnuggets.com)
  • With anti-money laundering and counterterrorist financing regulations affecting the industry, not only must you file timely and accurate SARs, but you also must be able to show regulators and auditors how you analyze and prioritize risks. (sas.com)
  • SAS Anti-Money Laundering technology has an interface that's designed to facilitate quick, accurate decisions - which means all the information you need is one or two clicks away. (sas.com)
  • David Stewart, Director of the Banking Security Intelligence Practice at SAS, discusses why financial organizations looking to modernize their anti-money laundering operations are looking beyond baseline regulatory requirements to include financial intelligence teams tasked with actively reducing exposure and improving operations. (sas.com)
  • Read the SAS Anti-Money Laundering fact sheet. (sas.com)
  • Federal financial regulators issued a statement outlining their policy for enforcing anti-money laundering provisions of the Bank Secrecy Act (BSA). (journalofaccountancy.com)
  • The Interagency Statement of Enforcement of Bank Secrecy Act/Anti-Money Laundering Requirements promotes greater consistency among the regulators in enforcing the BSA. (journalofaccountancy.com)
  • AEBI agreed to the fines in connection with charges that it failed to maintain an anti-money laundering program. (journalofaccountancy.com)
  • In an order made public on Tuesday, the Fed said that Citi had agreed to fix "deficiencies" in its anti-money laundering controls. (yahoo.com)
  • The Anti-Money Laundering Council (AMLC) has ordered financial institutions to report within five days transactions involving the possible entry of "dirty money. (inquirer.net)
  • The AMLC noted that in 2014, it came out with Resolution No. 11 ordering covered persons to file within a 10-working day period both covered as well as suspicious transactions, as prescribed by RA 9160 or the Anti-Money Laundering Act (AMLA) of 2001. (inquirer.net)
  • AMLC also gave "all covered persons a lead time of 60 calendar days from date of [issuance of Resolution to have their anti-money laundering electronic system aligned with the requirement of the five-working day reporting period. (inquirer.net)
  • LAS VEGAS (AP) - A banker who stood up against an online gambling operation was the star of an anti-money-laundering conference in Las Vegas on Monday. (mantecabulletin.com)
  • Her colleagues at the Association of Certified Anti-Money Laundering Specialists conference congratulated her on her bravery. (mantecabulletin.com)
  • Following on from the success of last year's Anti-Money Laundering, Audit & Compliance conference we are once again bringing together industry leaders, regulators, law enforcement officers, bankers and lawyers. (smi-online.co.uk)
  • Banks and financial institutions in the Middle East have increased their spending on anti-money laundering technology by 70 per cent over the past three years, as experts agree that IT rather than manpower is the future of financial crime fighting. (emirates247.com)
  • The Middle East's investment alone is expected to reach $2bn (Dh7.3bn), a significant portion of which will be spent on anti-money laundering software and technology. (emirates247.com)
  • On the technical assistance front, the US State Department has said the Terrorist Finance Working Group has provided more than $11.5 million (Dh42m) to provide training to Middle Eastern and South Asian states to develop and reinforce counterterrorist financing and anti-money laundering regimes. (emirates247.com)
  • The cost of software investment is hardly seven to eight per cent of their total spending on anti-money laundering technology," said George Faux, group executive, Sales and Relationship Management at Fortent, an American risk compliance service provider. (emirates247.com)
  • Faux was in Dubai last week to launch a new version of Fortent's anti-money laundering software at the Middle East-North Africa International Money Laundering/Terrorist Financing Conference and Exhibition, hosted in Dubai by the Association of Certified Anti-Money Laundering Specialists (ACAMS) and the Union of Arab Banks. (emirates247.com)
  • Cyprus has been a focus for anti-money laundering officials going back to the 1990s, but is probably best known for its alleged ties to money flowing in and out of Russia. (mail.com)
  • EU authorities, worried that any bailout package would ultimately be going to help out Russian multimillionaires, insisted Cyprus place even tough anti-money laundering laws and regulations as part of any rescue deal. (mail.com)
  • Anti-Money Laundering (AML) Software is software used in the finance and legal industries to meet the legal requirements for financial institutions and other regulated entities to prevent or report money laundering activities. (wikipedia.org)
  • There are four basic types of software that address anti-money laundering: transaction monitoring systems, currency transaction reporting (CTR) systems, customer identity management systems and compliance management software. (wikipedia.org)
  • Anti money-laundering guidelines came into prominence globally after the September 11, 2001 attacks and the subsequent enactment of the USA PATRIOT Act in the United States and the establishment of the Financial Action Task Force on Money Laundering (FATF). (wikipedia.org)
  • money laundering an
  • The Financial Action Task Force presents research into the characteristics of virtual currencies and makes a preliminary assessment of the money laundering and terrorist financing risk associated with this payment method. (finextra.com)
  • FinCEN said that e-filing allows it to provide information on money laundering and terrorist financing investigations to law enforcement in a searchable format in two days, rather than two weeks, for example, if filed on paper. (journalofaccountancy.com)
  • 1976
  • Brian Launders (born 8 June 1976) is a former Irish footballer who played as a midfielder. (wikipedia.org)
  • After serving at Imperial College for 12 years, Launder went to the University of California, Davis in 1976 where he served as Professor of Mechanical Engineering for four years. (wikipedia.org)
  • 1939
  • Brian Edward Launder, FRS, FREng (born 20 July 1939) is a Professor of Mechanical Engineering at the University of Manchester, United Kingdom. (wikipedia.org)
  • Fraud
  • Abuja - Nigeria has filed money laundering and fraud charges against a supreme court judge as part of a wider crackdown on endemic corruption in Africa's most populous country, court documents showed on Wednesday. (news24.com)
  • scandal
  • Nigeria's Federal High Court on Wednesday charged a former oil minister with money-laundering in an election bribery scandal over efforts to ensure former President Goodluck Jonathan won the 2015 election. (voanews.com)
  • This international "honey-laundering" scandal has now resulted in a Justice Department indictment of two U.S. companies and the charging of five people with selling mislabeled honey that also contained chloramphenicol. (mnn.com)
  • BRASILIA (Reuters) - Federal prosecutors on Tuesday charged a Spanish-Swiss banker with laundering $21.7 million in graft money for Brazilian clients involved in the country's largest corruption scandal, including jailed former lower house speaker Eduardo Cunha. (reuters.com)
  • suspicion
  • FirstFT's Chris Nuttall provides a briefing of Friday's top headlines, including a new era of online regulation in the US, Islamist militants destroying ancient artefacts from Mosul and a Swiss businessman arrested on suspicion of money laundering. (ft.com)
  • Notably, the Justice Department last year said that British bank HSBC had failed to flag money laundering that benefited Mexican drug traffickers, Iran, Libya and others under U.S. suspicion or sanction. (yahoo.com)
  • Mexican
  • AUSTIN, Texas (AP) - A multimillion-dollar horse racing and breeding operation run from an Oklahoma ranch was actually a front for a notorious Mexican cartel to launder millions of dollars in drug money, prosecutors alleged Tuesday at the beginning of a trial for five defendants charged in the scheme. (yahoo.com)
  • 2000
  • The Financial Action Task Force, an international watchdog organization for money laundering, placed Saint Vincent and the Grenadines on its so-called "black list" back in 2000 for its lack of money laundering controls, but it was taken off that list a few years later. (mail.com)
  • regulations
  • If used appropriately, the right technology can target money laundering effectively, and the Middle East region is in the evolving process of moving towards technology-intensive regulations from labour-intensive techniques," Faux added. (emirates247.com)
  • To prevent laundering of gold and other metals (such as tantalum, tin, and tungsten), some nations have established systems and regulations. (wikipedia.org)
  • scheme
  • In some cases, there is no gold involved in the laundering scheme. (wikipedia.org)
  • Child laundering is a scheme whereby intercountry adoptions are effected by illegal and fraudulent means. (wikipedia.org)
  • These "baby broker" families subsequently forge a new identity for the laundered child, "validating" the child's legal status as an orphan and ensuring the scheme will not be uncovered. (wikipedia.org)
  • officials
  • The country had been accused in the past of providing lax oversight to potential money laundering, as well as providing ways for Russian and Ukrainian officials to hide assets abroad. (mail.com)
  • BUSINESS
  • Citi said in a statement that it has already made "substantial progress" in strengthening its anti-laundering programs "in a comprehensive manner across products, business lines and geographies. (yahoo.com)
  • There is a complex hierarchy within the child laundering business which includes governments, orphanages, intermediaries, birth families, and adoptive families. (wikipedia.org)
  • United States ICE agents have visited several of the orphanages in other countries associated with the business of child laundering, with shocking findings. (wikipedia.org)
  • combat money
  • The Middle East, Africa and South Asia are expected to invest $6 billion (Dh22bn) in IT solutions to protect financial transactions in 2008 and 2009, according to the Middle East and North Africa Financial Action Task Force - a regional association of 14 countries formed to combat money laundering and terrorism financing. (emirates247.com)
  • Fortent has said it regulates 25 per cent of the world's cash transactions through their systems, and 13 of the top 20 banks of the world use its software to combat money laundering. (emirates247.com)
  • fellow
  • They don't ask questions about what their banks know about their customers, which is a basic requirement to stop money laundering," said Ted Truman, a fellow at the Peterson Institution for International Economics and an expert on money laundering. (mail.com)
  • In recognition of his contribution to turbulence modelling, Launder has been admitted as a Fellow of the Royal Society and the Royal Academy of Engineering. (wikipedia.org)
  • British
  • British National Crime Agency officers detained her briefly in 2015 for questioning about alleged money-laundering. (voanews.com)
  • While not historically an offshore tax haven like the Bahamas or the British Virgin Islands, the Caribbean island nation Saint Vincent and the Grenadines recently has been considered an at-risk place for money laundering. (mail.com)
  • people
  • Child laundering rings are often expansive with multiple hierarchies of people motivated by large profits from the black markets of intercountry adoptions. (wikipedia.org)
  • Illegal child laundering adoptions involve a hierarchy of people as described above, who manipulate the legal adoptions system in order to profit. (wikipedia.org)
  • order
  • Launder also developed, along with his co-workers Gordon J. Reece and Wolfgang Rodi, a second order closure model, known as Launder-Reece-Rodi model (1975), which became one of the most thoroughly tested turbulence models. (wikipedia.org)
  • former
  • Regarding his time aboard Venturer with Launders, former Royal Navy Sub Lieutenant John Frederick Watson (a retired geologist who served with Launders during the war aboard Venturer and was decorated "Awarded for Great Keenness and Devotion to Duty" for his actions during that time) stated: It was very much a Band of Brothers. (wikipedia.org)
  • Former Able Seaman and retired Royal Navy instructor Henry James Plummer also served aboard Venturer during the war with both Launders and Watson. (wikipedia.org)
  • Child
  • the children were unwashed and unclothed, unprotected from malaria lying in rusty cribs (Smolin: Child Laundering 139). (wikipedia.org)
  • software
  • In software development, a programmer engages in licence laundering when using source code written by one or more other programmers but removing the licence from the source files or altering the file's header to exclude its revision history or other details. (wikipedia.org)
  • Code for open-source software may be released with a pre-approved non-reciprocal licence permitting its use in other projects, which facilitates license laundering. (wikipedia.org)
  • known
  • The practice has come to be known as "Flickr washing" on Wikimedia Commons, as it is the most common site from which licence laundered files are uploaded. (wikipedia.org)
  • files
  • Licence laundering of media and related files is common on image hosting providers such as Flickr or Picasa, and video hosting providers such as YouTube. (wikipedia.org)
  • Users engaged in licence laundering typically upload files with a diversity of styles, since the styles reflect those of the author, not the licence laundering uploader. (wikipedia.org)
  • project
  • To avoid such laundering, developers and project managers should determine the source of the code, and mitigate potential problems with a quality assurance inspection. (wikipedia.org)
  • officer
  • After SCO Group asserted it owned the intellectual property rights to Unix, a series of SCO/Linux controversies resulted, with SCO Groups chief executive officer Darl McBride stating that "The world is not about stealing [sic] people's code, laundering it and saying everything's OK. (wikipedia.org)
  • data
  • Data laundering is the conversion of stolen data so that it may be sold or used by ostensibly legitimate databases. (wikipedia.org)
  • years
  • The act prescribes that any person found guilty of money-laundering shall be punishable with rigorous imprisonment from three years to seven years and where the proceeds of crime involved relate to any offence under paragraph 2 of Part A of the Schedule (Offences under the Narcotic Drugs and Psychotropic Substance Act, 1985), the maximum punishment may extend to 10 years instead of 7 years. (wikipedia.org)