Sentences with phrase «fight against financial crimes»

The primary purpose of the Policy is to support the fight against financial crimes and corruption, promote accountability and enhance transparency in the management of public finances.

Adeosun explained that the policy was expected to «Increase exposure of financial or financial related crimes; support the fight against financial crimes and corruption; improved level of public confidence in public entities; enhance transparency and accountability in the management of public funds; improve Nigeria's Open Government Ranking and Ease of Doing Business Indicators; and recover public funds that can be deployed to finance Nigeria's infrastructure deficit.»

Harnessing the power of artificial intelligence and advanced analytics is essential in the ongoing fight against financial crime, says HSBC's Colin Bell.

Financial services providers are vital in the fight against financial crime and its damaging impact; only by implementing robust screening processes and checks on potential customers can they help reveal hidden launderers among the mass of genuine individuals.

It is estimated that more than # 90 billion worth of dirty cash could be running through our financial system each year and as key players on the frontline of the fight against financial crime, legal professionals, particularly those operating in the SME sector, have a critical role to play.

Donald Toon, Director of Economic and Cyber Crime at the National Crime Agency (NCA), explains why that means that every individual counts in the fight against financial crime.

If the quality of information contained in the SARs submitted was improved, it would aid in making a more valuable contribution to the fight against financial crime and the harm that it perpetuates.

While all of us in legal and accounting circles diligently complete our money laundering training, this case shows the importance of paying more than lip service to this crucial element of the fight against financial crime, and the need continuously to be considering when it would be appropriate to report suspicion of money laundering.

As a financial institution, we have an obligation to assist in the fight against financial crime and money laundering.

Not exact matches

Contributing, Mr. Femi Falana (SAN) challenged the NBA to enhance the fight against corruption by partnering with the Economic and Financial Crimes Commission (EFCC).

Meanwhile, the acting Chairman of the Economic and Financial Crimes Commission, EFCC, Mr Ibrahim Magu has called on Nigerian workers to join in the fight against corruption as they are the greatest victims of the mismanagement of the nation's wealth.

The fight against corruption is being delayed by Nigeria's slow judicial system and delay tactics by defence lawyers, the Economic and Financial Crimes Commission said on Sunday in Ibadan.

The Executive Secretary, Nigerian National Summit Group, Mr. Tony Uranta, says the propaganda tactics being employed by the Economic and Financial Crimes Commission in the fight against corruption could trigger massive and violent social unrest nationwide.

Magu Assumes Office as EFCC Boss, Pledges to Uplift the Fight against Corruption The acting chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, an Assistant Commissioner of Police, ACP, today assumed office with a charge to all staff of the Commission to brace up for fresh and...

A coalition of civil society organisations on Monday staged a peaceful rally to the Lagos Office of the Economic and Financial Crimes Commission to drum up support for the ongoing fight against corruption.

The acting chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, an Assistant Commissioner of Police, ACP, has promised to raise the bar in the fight against corruption in the country.

He also said since the administration had assured Nigerians that there would be no sacred cow in the fight against corruption, Buratai should step down and allow a full scale scale investigation by the Arms Procurement Panel and the Economic and Financial Crimes Commission.

An Abuja - based legal practitioner, Mr Innocent Daniel, said Senate's rejection of Ibrahim Magu's nomination for the chairmanship of the Economic and Financial Crimes Commission was a fight against corruption.

The pioneer chairman of the Economic and Financial Crimes Commission, EFCC, Mallam Nuhu Ribadu, yesterday warned Nigerians to desist from politicising the ongoing fight against corruption...

The immediate past Governor of Edo State, Governor Adams Oshiomhole, and a human rights lawyer, Chief Mike Ozekhome (SAN), on Monday disagreed on whether or not the Economic and Financial Crimes Commission is selective in its fight against corruption.

Nobel Literature laureate, Wole Soyinka, has said that for the fight against corruption in Nigeria to succeed, the frontline anti-graft agency, the Economic and Financial Crimes Commission (EFCC) would have to take on some of the country's former leaders.

This was just as he also described the Economic and Financial Crimes Commission, EFCC, as the pivot on which the fight against corruption in Nigeria rests.

While appealing to members of the public for cooperation, the anti-graft agency said the fight against corruption and financial crimes needed consistent information on the activities of fraudsters.

THE Acting Chairman of the Economic and Financial Crimes Commission, Mr. Ibrahim Magu, has said that he is not afraid of anybody in the ongoing fight against corruption.

In the decision reached recently (5 December 2017) the Court has renounced its leading role in the fight against serious financial crimes and to support the other European institutions, committed at world level in the fight to such crimes, like the Commission and Parliament.

Oberg then demonstrates how such criteria could be applied to some actual examples of legislative initiatives — for instance, the Environmental Crimes Directive, the Market Abuse Crimes Directive, the (at the time of writing the book) proposed «PIF» Directive (i.e. on the fight against fraud to the Union's financial interests by criminal law), which meanwhile has been adopted — and demonstrates how sometimes the legislative initiatives and proposals would have failed his proposed testing.

Now, the further placement (after Article 3 of Regulation EC, EURATOM No 2988/95 on the protection of the European Communities financial interests) of a limitation period at the EU level (with the adoption of Directive EU / 2017/1371 on the fight against fraud to the Union's financial interests) makes its European - oriented upgrade still necessary, and leaves the controversial issues concerning its real nature and its adequate regulation for crimes affecting the EU financial interests open to further debate.

The U.S. Department of Treasury's lead agency in the fight against money laundering, the Financial Crimes Enforcement Network (FinCEN), has released two notices related to money laundering risks associated with real estate transactions.