Sentences with phrase «combat illicit»

«A better path [instead of banning them] would be to regulate elements of the crypto - asset ecosystem to combat illicit activities, promote market integrity, and protect the safety and soundness of the financial system.

Regulatory oversight has only increased in recent times with KYC / AML requirements increasing in an effort to combat illicit usage and terrorist funding, as well as involvement in other illegal activities.

OFAC will use sanctions in the fight against criminal and other malicious actors abusing digital currencies and emerging payment systems as a complement to existing tools, including diplomatic outreach and law enforcement authorities — To strengthen our efforts to combat the illicit use of digital currency transactions under our existing authorities, OFAC may include as identifiers on the SDN List specific digital currency addresses associated with blocked persons.

We therefore focus on what we can legally control, focusing on customer due diligence processes, duty paid sales only to UK customers and working collaboratively with regulators and trade associations to help combat illicit trade.

These contain obligations that seek to combat illicit export of cultural property from occupied territories.

That scenario could become reality in coming years as tools of particle physics are used to combat illicit nuclear programs.

In South Asia, India also employs military tactics to combat illicit poaching.

Those layers of anonymity create further obstacles for governments to monitor and combat the illicit financing - already an «extremely difficult» task as with other forms of financial crime, according to Ryder.

«The Nigerian delegation will also canvass the support of UN member states for the Buhari Administration's efforts towards combatting illicit financial flows in order to foster sustainable development.

NAS Key West is also home to several important commands, including the Joint Interagency Task Force South, which combats illicit narcotics trafficking; the US Coast Guard Sector Key West; and the Army Special Forces Underwater Training School.

Dr Steven Carden, anti-illicit trade expert at PA commented: «Human behaviours, evolving technologies and regulatory environments are all part of the challenges as well as the solutions for combatting illicit trade.

Criminal and terrorist organisations, and corrupt individuals frequently use companies to hide their illicitly - obtained funds, and this provides a powerful means of combatting illicit financial flows, which we will probably start to see permeated throughout the world.

Not exact matches

A spokesperson for PayPal told Bloomberg that the company is «intensely focused on combatting and preventing the illicit use of our services» and working with law enforcement to stop illegal activity.

«PayPal is intensely focused on combatting and preventing the illicit use of our services,» the company said in a statement to Fortune.

That bill would, among other things, help establish a system of «rewards for information leading to convictions related to terrorist use of digital currencies,» and «a FinTech Leadership in Innovation Program to encourage the development of tools and programs to combat terrorist and illicit use of digital currencies.»

To combat the activities of Mexican, Central American, and South American transnational criminal organizations — including illicit finance and money laundering activities and the flow of illegal drugs — the FBI works side - by - side with its numerous domestic and international partners to infiltrate, disrupt, and dismantle these groups by targeting their leadership and using sensitive investigative and intelligence techniques in long - term, proactive investigations.

«Without it, the FDA and their trade enforcement counterparts are severely limited in their ability to combat the flow of illicit and potentially dangerous honey into this country,» Silva told Food Safety News.

16.4 by 2030 significantly reduce illicit financial and arms flows, strengthen recovery and return of stolen assets, and combat all forms of organized crime

U.S. lawmakers are eyeing the formation of a new task force to combat the use of cryptocurrency in financing terrorism and other illicit uses.

Regulation On January 25 the U.S. Immigration and Customs Enforcement (ICE) deputy assistant director, Greg Nevano, explained in a testimony that the agency was using «blockchain exploitation tools» to combat cryptocurrency use in illicit...