Sentences with phrase «fight money laundering»

«It's important for Realtors, and all reporting entities for that matter, whether they're major franchises or independents, to meet their obligations in all areas (in order) to fight money laundering because every area really is intertwined,» says Boole.

It revealed that the current laws meant to fight money laundering in Australia were seriously flawed and in need of upgrading.

According to Reuters, new regulations will be implemented in order to fight Money Laundering and other criminal activities.

This is similar to the KYC standard used in the United States to verify clients and fight money laundering.

One thing that was pretty much wholly agreed upon by the G20 was that the Financial Action Task Force (FATF)-- an intergovernmental body formed to fight money laundering and terrorist financing — would have its standards applied to the cryptocurrency markets in the respective countries.

Founded in 1989, the task force consists of ministers from its member jurisdictions who help determine standards and execute legal, regulatory and operational measures to fight money laundering, terrorist financing and other cross-border financial crimes.

A set of rules has been also adopted to fight money laundering and protect customers of digital currency exchanges.

New laws and regulations have strengthened the role of the Congressional Office of Accountability, of the Transparency and Privacy Institute, of the Taxpayers Protection Agency and of the Ministry of Finance to fight money laundering.

Law society rules to fight money laundering are effective, says B.C. Supreme Court Thursday, October 6, 2011 @ 03:11 pm

The family's trust in Ms. Veselnitskaya was rewarded in May, when she helped Denis P. Katsyv, Pyotr's son, fight the money laundering claims in New York brought by the Manhattan federal prosecutor at the time, Preet Bharara.

Its parent company, Moving Media GmbH, was once a member of the Association Romande des Intermédiaires Financiers, a non-profit group dedicated to fighting money laundering.

(28/2002) in respect of fighting money laundering, which accurately defines the concept of this crime and the obligations of the financial institutions.

Front - line salespeople and brokers, he adds, are absolutely key to fighting money laundering, which is why it's really important they understand every aspect of the transaction and embrace the idea that one obligation isn't necessarily more important than another.

Not exact matches

The vast majority also believed the abolition of notes and coins would cause problems to parts of the population, such as the elderly, while only a third saw it as a way to fight tax evasion and money laundering.

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person and business that seeks a business loan.

Panama money laundering 2016 «Closing Panama Tax Haven Will Require Fighting the Most Powerful Lobby In the World,» The Real News Network, April 14, 2016.

By doing this they hope to advance in the fight against money laundering.

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

«The fight against money laundering and terrorist financing is recognised as an important public interest ground by all member states,» the directive states.

President Mahama said before leaving Accra that «the London Summit provides an opportunity to demonstrate once again the measures we have been adopting to strengthen our fight against corruption, combat money laundering and counter the financing of terrorism.»

«In view of the serious objections to certain provisions of the proposed Bill by the EFCC, the National Assembly is urged to conduct a public hearing with a view to ensuring that the limited success recorded in the fight against money laundering is not sacrificed on account of expediency,» he said.

He says the capital cities of Saudi Arabia, Qatar and Kuwait «have been used as a base by wealthy individuals and religious foundations to channel millions of dollars to radical Sunni elements fighting Assad in Syria, either with the tacit approval of the regimes, or taking advantage of weak money - laundering protections within those states.»

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USA Patriot Act Customer Identification Program Notification: Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account, in order to help the government fight the funding of terrorism and money laundering activities.

Important information about procedures for opening a new account: To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT - To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person or entity who opens an Account.

To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

To help the government fight the funding of terrorism and money laundering activities, federal law (USA Patriot Act (Title III of Pub.

To help the government fight the funding of terrorism and money laundering activities, U.S. Federal law requires financial institutions to obtain, verify, and record information that identifies each person (individual or business) who opens an account.

To help the government fight the funding of terrorism and money laundering activities, Federal law requires financial institutions to obtain, verify, and record information that identifies each person who opens an account.

This information is used to assist the United States government in the fight against the funding of terrorism and money - laundering activities.

Animal fighting activities attract other serious crimes, such as gambling, drug dealing, weapons offenses and money laundering.

«Today's announcement is a huge win in the fight against the corruption, tax dodging and money laundering.

«Law societies have been at the forefront of the fight against money laundering for more than 15 years, putting in place a regime that prohibits members of the legal profession from accepting cash from clients and requires them to comply with strict know - your - client rules.

The fight against international money laundering often involves powerful individuals who often happen also to be donors to political parties (this is an issue on the SFO's investigation into Unaoil, where some of the suspects are the members of the Ahsani family, who have also been significant donors to Conservative party funds).

Companies have had ample time to accept and prepare for their role in the fight against money laundering as it continues to damage the UK economy.

The Federation has been at the forefront of the fight against money - laundering and terrorist financing by adopting model rules to ensure that legal professionals are not unwittingly used by their clients to advance such activities.

What would you say is the main concern in reforming the processes behind the fight against money - laundering?

There is good effort being made to fight money - laundering but I still believe banks and financial institutions ought to work together with law enforcement to get the best results.

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.

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who obtains a loan.

Japan Wants Help, but Probably Won't Get It Japan will ask its G20 counterparts for help in the fight against digital currency - utilized money laundering, according to a government official with direct

What do you think of Japan's call for assistance in the fight against cryptocurrency money laundering?

Japan will ask its G20 counterparts for help in the fight against digital currency - utilized money laundering, according to a government official with direct knowledge on the matter.

During the one - month period, OKCoin and Huobi would go through an «upgrade» to fight «money laundering, exchange, pyramid schemes and other illegal activities.»

The so - called «Big 3» exchanges — Huobi, OKCoin and BTC China — halted bitcoin and litecoin withdrawals while they undergo an upgrade to fight «money laundering, exchange, pyramid schemes and other illegal activities.»

To assist the government in fighting the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account with us.

By doing this they hope to advance in the fight against money laundering.

The real - name rule is a significant set in the fight against money laundering and other potentially illegal activities.