• The Commission of Inquiry into Money Laundering in B.C. has been granted an extension to submit its final report by May 20, 2022 as opposed to next month. (richmond-news.com)
  • Lichtenstein and Morgan were arrested in February 2022 for laundering money stolen from the Bitfinex hack. (metro.co.uk)
  • However, if you are a bankster caught laundering billions of dollars for some of the most murderous people on the planet you get off with a slap on the wrist in the form of some puny fine and a deferred prosecution deal. (bibliotecapleyades.net)
  • European and American banks receive (read: launder) billions of dollars every year from international mafias, and in particular from drug dealers. (mondialisation.ca)
  • Received by the government earlier this month and released to the public today, the report makes 101 recommendations aimed at reducing the "pernicious problem" of money laundering, which it estimates is worth billions of dollars a year in the province. (thetyee.ca)
  • NOTE: The information regarding British Virgin Islands on this page is re-published from the 2023 World Fact Book of the United States Central Intelligence Agency and other sources. (theodora.com)
  • No claims are made regarding the accuracy of British Virgin Islands 2023 information contained here. (theodora.com)
  • All suggestions for corrections of any errors about British Virgin Islands 2023 should be addressed to the CIA or the source cited on each page. (theodora.com)
  • Several high-profile cases of widespread money laundering were unearthed in European banks in 2018. (err.ee)
  • Following a number of exchanges with the European Parliament and a request from the Council in December 2018, the European Commission has analyzed ten recent publicly known cases of money laundering in EU banks to provide an analysis of some of the current shortcomings as well as outline a possible way forward, the Estonian representation of the European Commission said. (err.ee)
  • Following the uncovering of several money laundering cases in 2018, the European Commission in May 2018 set up a joint working group together with the European supervisory authorities and the European Central Bank. (err.ee)
  • On the basis of the working group's recommendations, in September 2018, the European Commission issued a communication on strengthening the anti-money laundering and prudential frameworks and new rules to strengthen the role of the European Banking Authority. (err.ee)
  • This led to the reinforcement of the anti-money laundering and terrorist financing dimension in prudential banking legislation through the adoption of the fifth Capital Requirements Directive in December 2018. (err.ee)
  • He was arrested in May 2018 in the so-called 'Erial Case' for money laundering and bribery but has yet to be tried. (theolivepress.es)
  • It estimated that criminals had laundered roughly US$47bn in Canada in 2018. (vegasslotsonline.com)
  • The rules are an important part of the efforts of Canada's law societies to limit the opportunity for money-laundering to take place through the use of a lawyer. (lawsociety.bc.ca)
  • citation needed] Canada's lack of vehicle purchasing regulations have made luxury passenger vehicles a common tool for money laundering. (wikipedia.org)
  • The ACMLTF is a high-level discussion forum to address emerging issues and provide general advice for Canada's overall anti-money laundering and anti-terrorist financing (AML/ATF) policy. (canada.ca)
  • The latter is known to operate River Rock Casino in Richmond , British Columbia, which appeared on Canada's watchdogs' radar screens due to suspicious transactions . (casinoreports.ca)
  • In addition, the division of responsibilities led to ineffective cooperation between anti-money laundering authorities, prudential authorities, financial intelligence units and law enforcement authorities. (err.ee)
  • The European Commission on Wednesday adopted a communication and four reports that will support European and national authorities in better addressing money laundering and terrorist financing risks. (err.ee)
  • While the investigations into Imran Farooq's murder and the money laundering allegations are now closed, the British authorities are still considering the possibility of bringing hate crime charges against Mr Hussain. (dawn.com)
  • Shares in Standard Chartered PLC [LSE: STAN] plunged by almost a quarter on Tuesday as the British lender battled accusations by U.S. authorities it had laundered over $250 billion from Iranian banks. (ibtimes.com)
  • A man suspected by British Columbia authorities of being at the center of an international drug smuggling and money laundering ring held VIP accounts at casinos in Las Vegas, as well as Macau and the Canadian province. (casino.org)
  • Authorities believe Silver International washed around $250 million a year through British Columbia's casino sector and property markets. (casino.org)
  • Swiss authorities have said that newly adopted anti-money laundering laws were working since Switzerland became a founding member of the Paris-based Financial Action Task Force (FATF). (rferl.org)
  • However, authorities there plan to increase the number of investigations by up to 40 percent this year as compared with 2002, the British 'Financial Times' reported on 31 October. (rferl.org)
  • The shocking revelation hit the reputation of Great Canadian Gaming Corporation as the company has found itself at the heart of a money laundering scandal . (casinoreports.ca)
  • Eby appointed Peter German, a former deputy police commissioner and leading expert on money laundering, to conduct a six-month investigation into allegations of money laundering in the Lower Mainland casinos after reports emerged that one Vancouver-based casino accepted $13.5 million in $20 bills over the course of one month in 2015. (moneylaunderingnews.com)
  • A Cullen Commission of Inquiry into Money Laundering in British Columbia (BC), Canada is currently investigating the BC Lottery Corporation (BCLC) and government ministers over allegations of money laundering at casinos in the province. (vegasslotsonline.com)
  • Between $15 and $40 million in illicit funds may have been laundered. (metro.co.uk)
  • Sophisticated professional money launderers operating in British Columbia are laundering staggering amounts of illicit funds," Cullen's report said, noting that one money services business laundered upwards of $220 million per year. (thetyee.ca)
  • The operation uncovered alleged laundering of proceeds from organised criminal activities abroad, tied to scams and online gambling. (yahoo.com)
  • Private sector participants will consist of a mix of representatives of industry associations, institutions and organizations from sectors covered by the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and other AML/ATF experts. (canada.ca)
  • British Columbia notaries public and British Columbia notary corporations must fulfill specific obligations as required by the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and associated Regulations to help combat money laundering and terrorist activity financing in Canada. (snpbc.ca)
  • After transferring the NFTs, the hacker can quickly sell the stolen token(s) and attempt to launder the proceeds. (crypternet.com)
  • The Society of Notaries Public of British Columbia is located on the traditional territories of the xʷməθkʷəy̓əm (Musqueam), səlilwətaɬ (Tsleil-Waututh), and Sḵwx̱wú7mesh (Squamish) Nations. (snpbc.ca)
  • On December 2, RUSI published a report that covers the subject of non-fungible token (NFT) assets and the RUSI researchers ask whether or not NFTs can contribute to money laundering schemes. (crypternet.com)
  • The RUSI report called "NFTs: A New Frontier for Money Laundering? (crypternet.com)
  • What do you think about the RUSI report on NFTs and money laundering risks? (crypternet.com)
  • According to Decrypt, in a statement released yesterday (2), the Royal United Services Institute (RUSI) cited some risks associated with money laundering in the non-fungal tokens market ( NFTs , Abstract in English). (catholictranscript.org)
  • In the document, the company asks whether NFTs have become the "new frontier" for money laundering. (catholictranscript.org)
  • The company also said that NFTs could be exploited by money-laundering agents, just like what is happening in the traditional art market, according to Decrypt. (catholictranscript.org)
  • Is there a solution to money laundering in NFTs? (catholictranscript.org)
  • The European Commission decided on Thursday to send a reasoned opinion to Estonia and a letter of formal notice to Denmark for the countries' failure to completely transpose the European Union's 4th Money Laundering Directive into national law. (err.ee)
  • The reports stress the need for their full implementation while underlining that a number of structural shortcomings in the implementation of the Union's anti-money laundering and counterterrorist financing rules still need to be addressed. (err.ee)
  • The December 2001 enactment of the Financial Services Commission Act, 2001 established the British Virgin Islands Financial Services Commission as an autonomous regulatory authority responsible for the regulation, supervision and inspection of all financial services in and from within the BVI. (bvifsc.vg)
  • British Virgin Islands Financial Services Commission uses cookies to capture data, allowing us to improve our site experience for everyone. (bvifsc.vg)
  • The British Virgin Islands has long attracted Chinese companies looking to incorporate offshore but the Caribbean haven is facing pressure in Hong Kong from a global push to tackle money laundering. (corruptie.org)
  • Accounts were located in Belize, Cyprus, St. Vincent and the British Virgin Islands. (princegeorgecitizen.com)
  • The premier of the British Virgin Islands has been arrested on "charges related to drugs trafficking and money laundering", Foreign Secretary Liz Truss has said. (readallnews.com)
  • His was held as part of an operation led by the US Drug Enforcement Administration (DEA), according to a statement from British Virgin Islands governor John Rankin. (readallnews.com)
  • She added in a statement: "This afternoon, the premier of the British Virgin Islands, Andrew Fahie, was arrested in the United States on charges related to drugs trafficking and money laundering. (readallnews.com)
  • Nicholson adds, "According to investigators, in 2016 alone, more than 900 Deutsche Bank customers were served by a subsidiary registered in the British Virgin Islands. (kpbs.org)
  • Hours earlier, Standard Chartered PLC, another British bank, signed an agreement with New York regulators to settle a money laundering investigation involving Iran with a $340 million payment. (salon.com)
  • The New York State Dept. of Financial Services (DFS) has ordered Standard Chartered to explain its alleged illegal money laundering and called the UK-based a "rogue institution. (ibtimes.com)
  • The allegations against Standard Chartered are the latest in a series of regulatory violations involving the U.S. arms of British banks. (ibtimes.com)
  • Flanked by B.C. Attorney-General David Eby, left, and Finance Minister Carole James, Premier John Horgan departs a news conference called to announce a wide-ranging investigation into money laundering in the province on May 15, 2019, in Victoria. (theglobeandmail.com)
  • The Justice Department announced Tuesday that the cryptocurrency giant Binance and its CEO are pleading guilty to violations of U.S. anti-money laundering laws while agreeing to pay more than $4 billion in fines. (yahoo.com)
  • LONDON (AP) -- HSBC avoided a legal battle that could further savage its reputation and undermine confidence in the global banking system by agreeing Tuesday to pay $1.9 billion to settle a U.S. money-laundering probe. (salon.com)
  • The scandal stimulated the government to launch a money-laundering probe in British Columbia (B.C.) and closely investigate the case . (casinoreports.ca)
  • That's according to new details revealed Monday during the latest hearing of the Cullen Commission, which is examining the extent of BC's money laundering problem. (casino.org)
  • Melvin Chizawsky, BC's money laundering problem might be Nevada's problem, too. (casino.org)
  • He told investigators that the province made "serious attempts" to better understand the money laundering issue while he was responsible for BC's gambling market from 2013 to 2017. (vegasslotsonline.com)
  • Ms Donovan said senior executives at the banks involved had assured the BVI that it was not being singled out and that they recognised that it had a good anti-money laundering regime. (corruptie.org)
  • It highlights the anti-money laundering ("AML") challenges faced by a predominantly cashed-based industry, and also underscores the systemic issues that have made B.C.'s gaming industry an alleged breeding ground for money laundering: a dysfunctional, fragmented regulatory regime that lacks independence. (moneylaunderingnews.com)
  • As early as 2010 former cabinet minister Rich Coleman heard concerns from the Gambling Policy and Enforcement Branch but received reassurances from BC Lottery that the Crown corporation had a strong and effective anti-money laundering regime. (thetyee.ca)
  • Last summer, a Senate investigation concluded that HSBC's lax controls exposed it to money laundering and terrorist financing. (salon.com)
  • Attorney-General David Eby said the inquiry will also examine the effectiveness − or lack thereof − of key federal agencies, such as the RCMP and the money-laundering watchdog Financial Transactions and Reports Analysis Centre of Canada (FinTRAC). (theglobeandmail.com)
  • Rather than accepting that it was asleep on the job, the watchdog attempted to lay the blame at the feet of AUSTRAC, which is the money-laundering regulator. (smh.com.au)
  • Global Witness calls for a thorough investigation into HSBC, Barclays, Citibank and Abbey National (now owned by Santander) for their roles in the laundering of millions of pounds by James Ibori, former governor of Nigeria's oil-rich Delta State. (globalwitness.org)
  • According to the prosecutor, Sasha Wass QC, Ibori and his associates used multiple accounts at Barclays, HSBC, Citibank and Abbey National to launder funds. (globalwitness.org)
  • HSBC affiliate HBUS was repeatedly instructed to improve its anti-money laundering program. (bibliotecapleyades.net)
  • British bank HSBC was discovered in 2012 to have received at least $880-billion in investments from the Mexican Sinaloa drug cartel. (mondialisation.ca)
  • HSBC conceded that its anti-money laundering measures were inadequate and that it has taken big steps in beefing up its controls. (salon.com)
  • The report determines that in order to mitigate the money laundering risks a 'know your customer' monitoring system "needs to be implemented. (crypternet.com)
  • Nearly 40 government officials will be trained in anti-money laundering methods by UK officials. (thenationalnews.com)
  • Nearly 40 government officials will be trained in anti-money laundering and anti-smuggling intelligence methods this month by the Intelligence & National Operations unit of the UK Border Agency. (thenationalnews.com)
  • In particular, the company helped Yakunin, when British activist Roman Borisovich began to speak publicly about London villas, allegedly bought by Russian oligarchs and officials laundered money. (24-my.info)
  • Canadian intelligence estimates between $45 and $113 billion of funds are laundered annually. (wikipedia.org)
  • Seized: Approximately S$1 billion in assets, including vehicles and luxury goods, as part of Singapore Police Force's money laundering investigation. (yahoo.com)
  • SINGAPORE - The Singapore Police Force (SPF) has carried out one of its largest anti-money laundering operations, resulting in arrests of a group of foreigners who had amassed approximately S$1 billion worth of assets within the country. (yahoo.com)
  • This was due to Wachovia s heavy involvement in money laundering moving up to $378.4 billion over several years. (bibliotecapleyades.net)
  • In an interview with NPR's Fresh Air one year ago, Harding said, "While money from Deutsche Bank New York is going into the Trump Organization, Deutsche Bank in Moscow is at the center of a massive Russian money laundering operation involving about $10 billion" that allowed Russia's elites to take rubles out of Russia and convert them into dollars in the U.S. (kpbs.org)
  • Gambling minister Rich Coleman was warned of possible casino money laundering, but 'did not take action. (thetyee.ca)
  • British Columbia is calling a public inquiry into how money laundering has corroded the provincial economy, inflated B.C.'s housing market and contributed to the ongoing deadly opioid crisis. (theglobeandmail.com)
  • Austin Cullen, who heads the Commission of Inquiry into Money Laundering in British Columbia. (richmond-news.com)
  • The inquiry has heard testimony about suspected money laundering in B.C.-regulated casinos, but also in sectors such as residential real estate, luxury vehicles and the financial sector. (richmond-news.com)
  • The inquiry has explored methods to combat money laundering, such as corporate and property registries, better police enforcement, unexplained wealth orders and inter-governmental communication. (richmond-news.com)
  • As part of this inquiry, investigators have grilled former politicians for their inaction regarding the money laundering issue. (vegasslotsonline.com)
  • The inquiry alleged that the government prioritized gaming revenue over a crackdown on money laundering, turning a blind eye to warnings of the illicit activity. (vegasslotsonline.com)
  • During his near-five-hour testimony on Wednesday, he told the inquiry that he did not prioritize money laundering during his tenure because of the prevalence of other issues. (vegasslotsonline.com)
  • The final report from an inquiry into money laundering in British Columbia has concluded BC Liberal cabinet ministers and former premier Christy Clark knew about the problem but failed to do enough to address it. (thetyee.ca)
  • British Columbia's ("B.C.") Attorney General David Eby recently released an independent and very detailed report examining money laundering in B.C.'s gaming industry and providing 48 recommendations to combat the problem. (moneylaunderingnews.com)
  • In a very short period of time, they collected information that I know shocked everyone in this room and all British Columbians," Mr. Horgan told reporters at a news conference in Victoria. (theglobeandmail.com)
  • which exposed the workings of the Neapolitan crime organization Camorra, claims that London is the centre of money laundering for Latin American drug money. (mondialisation.ca)
  • FORMER Valencia region president, Eduardo Zaplana, has suffered a new setback in trying to rebuke money laundering allegations involving up to €20 million. (theolivepress.es)
  • It's estimated that €20 million was laundered and the Guardia have tracked down around half that sum. (theolivepress.es)
  • The new Guardia report totals almost €4 million of laundering linking Zaplana to Luxembourg company, Imison International. (theolivepress.es)
  • Laundered cash was used to buy an apartment in the Salamanca area of Madrid for €1.6 million. (theolivepress.es)
  • A Swiss NGO went public this week with allegations that the family of prominent Malaysian Taib Mahmud​ had laundered $30 million through an obscure Australian company called Sitehost Pty Ltd. Sitehost owns and operates the Adelaide Hilton. (smh.com.au)
  • The cash would then be gratefully accepted by BC casinos and converted into chips, often in violation of anti-money laundering laws, which require operators to report suspicious transactions to financial regulators. (casino.org)
  • In part, this review has been brought about by changes in the federal regulations and by concerns expressed by government and others about perceived gaps in regulation of anti money-laundering regimes. (lawsociety.bc.ca)
  • British Columbia notaries are responsible for the following requirements under the PCMLTFA and associated Regulations. (snpbc.ca)
  • The former head of Russian Railways Vladimir Yakunin appealed to great Britain to the specialists of the three companies that needs to launder its reputation and to protect against possible future anti-corruption investigations. (24-my.info)
  • The British Columbia Lottery Corporation ("BCLC"), whose sole shareholder is the province, has the "primary goal" of "maximiz[ing] the revenue which government obtains from gaming. (moneylaunderingnews.com)
  • Part of the delay was to accommodate former B.C. Lottery Corporation anti-money laundering director and whistleblower Ross Alderson. (richmond-news.com)
  • In a number of cases analyzed, banks did not effectively respect or in some cases comply at all with anti-money laundering requirements, it appears from a European Commission report. (err.ee)
  • It appears from the report that banks lacked the right internal mechanisms to prevent money laundering and did not align their anti-money laundering and counterterrorism financing policies when they had risky business models. (err.ee)
  • The latest Guardia Civil report details an extensive money laundering scheme over awards for the Valencian Community Wind Energy Plan and ITV concessions. (theolivepress.es)
  • The report reveals that a multitude of alleged criminal syndicates, tied primarily to China, have used Vancouver-area casinos to launder money. (moneylaunderingnews.com)
  • The German Report focuses on the Nevada Gaming Commission and Nevada Gaming Control Board, whose Enforcement Division "acts as a first line of defence against organized crime and bulk cash buy-ins[,]" whereas the federal Financial Crimes Enforcement Network, "[i]n partnership with Internal Revenue Service, acts as the enforcement arm for most money laundering issues. (moneylaunderingnews.com)
  • In announcing the German Report, Eby blamed the former Liberal government for "turn[ing] a blind eye to the escalating money laundering in B.C. casinos. (moneylaunderingnews.com)
  • The German Report states that criminal syndicates, largely based out of China, began laundering dirty money in Vancouver's casinos on a large scale beginning around 2010. (moneylaunderingnews.com)
  • While RUSI researchers believe that money laundering in the NFT art and collectibles world can be deterred, the report also highlights that "NFT forgery and theft can also be mitigated. (crypternet.com)
  • Prior to the launch of the Cullen Commission, the Canadian government completed a report to assess the extent of the country's money laundering issues. (vegasslotsonline.com)
  • In September this year, the newly-elected British Columbia government dug out a buried casino report. (casinoreports.ca)
  • Cullen told reporters today he hopes the commission's report will be a turning point towards better addressing public concerns about money laundering. (thetyee.ca)
  • Coleman responded to these mixed messages by arranging for an independent review of anti-money laundering measures in the gaming industry, but he did not take action to stem the flow of the suspicious cash transactions that he had been warned about," the report found. (thetyee.ca)
  • One report in the British 'Independent' daily on 31 October said that a prime suspect wanted by the coalition forces for orchestrating the attacks in Baghdad, according to a source in the Pentagon, is Izzat Ibrahim al-Douri, a former aide to deposed Iraqi President Saddam Hussein who 'is working with Al-Qaeda to coordinate attacks in Iraq. (rferl.org)
  • Nigerian politicians deposited millions of dollars obtained through bribes into accounts at some of the U.K.'s most prestigious banks, which subsequently faced no apparent regulatory penalties, a British advocacy group said Monday. (moneylaundering.com)
  • Money laundering in Canada is a problem described by professionals in 2019 as a "national crisis," and which has attracted international attention. (wikipedia.org)
  • In addition, Binance founder Changpeng Zhao entered a guilty plea of failing to maintain an effective anti-money laundering program in violation of the BSA, according to the DOJ. (yahoo.com)
  • Because it served U.S. customers, the company was required to register with the Treasury Department's Financial Crimes Enforcement Network (FinCEN) as a money services business and to implement an effective anti-money-laundering program that was "reasonably designed to prevent Binance from being used to facilitate money laundering," according to the Justice Department. (yahoo.com)
  • According to court documents, Binance failed to implement controls and procedures to prevent money laundering, such as implementing comprehensive know-your-customer protocols or systematically monitoring transactions. (yahoo.com)
  • A Commission has questioned two former British Columbia gaming ministers in Canada over allegations that they failed to act on warnings of money laundering at casinos regulated by the BCLC. (vegasslotsonline.com)
  • He told the Cullen Commission on Wednesday that he "never once" saw anyone deliberately turn a blind eye to money laundering warnings during his tenure in charge of the industry from 2001. (vegasslotsonline.com)
  • That said, he added that the government did not intentionally ignore any warnings of money laundering once the issue began to grow. (vegasslotsonline.com)
  • Failure to act on years of warnings allowed billions to be laundered in the province. (thetyee.ca)
  • A 2011 review by the UK bank regulator, the Financial Services Authority (FSA), revealed that British banks were systematically failing to carry out the required anti-money laundering checks - particularly when dealing with senior foreign politicians. (globalwitness.org)
  • Europe and the US are stepping up anti-money laundering measures to crack down on tax evasion and terrorism funding, which is forcing banks to strengthen compliance. (corruptie.org)
  • This failure on the behalf of the US government to really crack down on the finances of the drug cartels extends to British banks as well. (bibliotecapleyades.net)
  • We assess that hundreds of billions of U.S. dollars of criminal money almost certainly continue to be laundered through UK banks, including their subsidiaries, each year. (mondialisation.ca)
  • Analysts said two British-based banks will be able to absorb the cost of the settlements. (salon.com)
  • Money laundering by banks has become a priority target for U.S. law enforcement. (salon.com)
  • British Columbia. (wikipedia.org)
  • and a British Columbia notary corporation is an entity that carries on the business of providing notary services to the public in British Columbia in accordance with the Notaries Act, R.S.B.C. 1996, c. 334. (snpbc.ca)
  • If you are a British Columbia notary public that is acting in the capacity of an employee of a British Columbia notary corporation, the obligations described below are the responsibility of your employer, with the exception of submitting suspicious transaction reports (STRs) to FINTRAC, which is applicable to both you and your employer. (snpbc.ca)
  • Those finds led to a long-running money laundering investigation that was eventually dropped in 2016. (dawn.com)
  • Chengpeng Zhao, the company's founder, pleaded guilty in federal court in Seattle on Tuesday for failing to maintain an effective anti-money laundering program and has agreed to resign as part of his plea deal, the Justice Department said. (yahoo.com)
  • The bank also said it has reached agreements over investigations by other U.S. government agencies and expects to sign an agreement with British regulators shortly. (salon.com)
  • German police raided Deutsche Bank offices on Thursday, seeking evidence in a money laundering investigation into the practice of hiding money offshore to elude tax collectors and government regulators. (kpbs.org)
  • The Royal United Services Institute (RUSI), the British defense and security think tank, questions whether or not non-fungible token (NFT) assets can be used for money laundering purposes. (crypternet.com)
  • The former minister conceded that money laundering did ultimately become an issue, but he left its handling to the BCLC. (vegasslotsonline.com)
  • His wife, sister and mistress have already been convicted of money laundering as have a string of professional intermediaries including a lawyer, a fiduciary agent and a corporate financier. (globalwitness.org)
  • The Law Society of B.C. has yet to schedule a hearing for a B.C. lawyer facing money-laundering charges in Arizona. (princegeorgecitizen.com)
  • EU anti-money laundering rules are crucial in the fight against money laundering and terrorism financing. (err.ee)
  • amongst many others have allegedly failed to comply with American anti-money laundering (AML) laws. (bibliotecapleyades.net)
  • The firm allegedly helped the former head of Russian Railways to find a British journalist who previously wrote a negative article about him. (24-my.info)
  • Prosecutors are investigating two employees of the bank who allegedly assisted customers in setting up offshore firms to avoid anti-money laundering safeguards when transferring money to accounts at Deutsche Bank. (kpbs.org)
  • Peter German and Maureen Maloney discuss how money laundering scams operate in B.C. and what their impact is. (sfu.ca)
  • Shortcomings in anti-money laundering policies and supervision are more prominent in cross-border situations, both within the EU and in relation to non-EU countries. (err.ee)
  • The mandate includes a review of important concepts such as quantification, privacy implications and money laundering and anti-money laundering initiatives in other jurisdictions around the globe. (richmond-news.com)
  • Canadian housing is a frequently used tool for money laundering that often involves organized crime, according to Criminal Intelligence Service Canada, one of the country's intelligence agencies. (wikipedia.org)
  • Mr. Horgan said this move was deemed inevitable after the collapse of the largest criminal money-laundering prosecution in the province's history last November and two recent reports that found problems in the real estate sector were "far worse" than his government had initially thought. (theglobeandmail.com)
  • WANTED SA has learned today that the United Kingdom Courts have filed a criminal case on money laundering by a British citizen who was directly involved with the YUKOS Company and its management. (wantedsa.com)
  • The service it provides is to give government-funded, agenda-ridden 'research' the superficial appearance of independence and legitimacy: ideological money-laundering. (wattsupwiththat.com)
  • The 'Lux leaks' revelations about the Grand Duchy of Luxemburg conspiring with big business to launder profits through tax-minimal Luxemburg and how major companies like Amazon and Starbucks shift their British profits to Luxemburg and pay little or no tax. (mondialisation.ca)
  • A stringent new British anti-bribery law will be implemented before the end of the year despite concerns from the business community and the Cameron government, according to the measure's authors. (moneylaundering.com)
  • To further obfuscate the funds in a money laundering process known as layering, the funds are then used to buy assets such as real estate. (wikipedia.org)
  • In particular, specialists of the law firm warned the B. and all the other journalists about legal liability, then the discussion of the mansion in the British press stopped, and the London newspaper Ham&High, which had no funds on litigation with lawyers, even removed the material and apologized to Yakunin, the newspaper notes. (24-my.info)