Sentences with phrase «illicit flow»
Much of the study, which is titled «Bitcoin Laundering: An Analysis of Illicit Flows Into Digital Currency Services,» revolves around the use of «conversion services.»
bitcoinmagazine.com
Power concentrated in the regime's hands means fewer possibilities for outside scrutiny to stop such illicit flows, especially of Colombian cocaine.
Citing challenges at the regional level, in particular in resource mobilization, President Zuma told the General Assembly that according to estimates from a joint AU - UN Economic Commission for Africa's (UNECA) panel, illicit flows from the continent could be as much as $ 50 billion per year.
Released on January 12, 2018, the report titled, «Bitcoin Laundering: An Analysis of Illicit Flows into Digital Currency Services» was prepared by Yaya J. Fanusie and Tom Robinson.
The Financial Action Task Force, a multicountry advisory group set up to combat money laundering, said last year that Singapore's financial firms had «a less developed understanding of the risk of illicit flows into and out of Singapore.»
Amnesty also charges that the UAE government «may be complicit in the illicit flow of wealth out of Africa.»
«Thabo Mbeki's Commission that looked at the illicit flows of capital out of Africa, has estimated that for every year, in the last ten years, $ 50 billion goes out of Africa through illicit means.