Sentences with phrase «money laundering laws»

Each attorney has specific experience with money laundering laws and investigations.

«There's also a virtual currency called Ripple that has uh has started very differently from Bitcoin and started with the premise we are operating in an existing financial ecosystem and we need to figure out, you know be able to comply with the criminal laws and the anti money laundering laws that are in place.»

According to the affidavit, the former first lady opened the accounts following the advice by a former Chairman of the EFCC, Ibrahim Lamorde, on how she could pay for her treatment abroad without having to move huge cash around in violation of money laundering laws.

Nigeria has been taking a harder line on corruption since the election of President Muhammadu Buhari in 2015, introducing a new money laundering law in 2016.

Many in the bitcoin community are hopeful that this argument is persuasive, seeing money laundering laws as an attempt to regulate thoughtcrime in finance.

HSBC were recently fined $ 1.5 billion in the US for breaking money laundering laws after cash was found to be illegally sent over the border to Mexico to avoid tax.

I couldn't help being struck by the contrast between two seemingly unrelated events last week: Eddie Greenspan attacking his former client Conrad Black in the Globe and Mail, and the B.C. Supreme Court striking down money laundering laws insofar as those laws apply to lawyers.

In Federation of Law Societies of Canada v. Canada 2011 BCSC 1270, Madam Justice Gerow found that federal money laundering laws violate section 7 of the Charter to the extent that they apply to legal counsel and law firms.

The Nigerian ban unfortunately merely leaves the use of crypto currencies in even cross border transactions involving physical assets based in Nigeria (for example real estate) outside the purview of Nigerian money laundering laws, the reporting and other conditions that enable scrutiny of transactions done with traditional currencies.

Money Laundering: Risks and Liabilities Ireland's first book on money laundering law by Michael Ashe QC SC and Paula Reid BL L

While the usefulness of cryptocurrency in the hands of such a regime is at first glance questionable, one needs only to remember that most exchanges in that area still don't have money laundering laws in place for these types of payouts, thus allowing for unregulated extraction of funds.

Tamara has extensive knowledge and experience of Money laundering law, Confiscation, Cash Forfeiture, Search and Seizure, Civil Recovery and unrivalled experience and skill in Part 6 of Proceeds of Crime Act 2002 («POCA»).

Some of these might involve broken laws (campaign finance laws, money laundering laws, criminal conspiracy laws, etc.), while others may not; but all have likely political fallout.

The Federal Government had also alleged that the applicant violated the country's Money Laundering law.

The Department of Financial Services announced yet another financial massive settlement on Thursday, this time with the German - based Commerzbank paying a $ 1.45 billion fine following claims that its clients violated U.S. sanctions and money laundering laws.

Human Rights lawyer, Mr. Femi Falana SAN believes that Federal Government's attempt to amend the money laundering law would weaken the ongoing anti-corruption crusade.

This week, the Supreme Court of Canada will hear five appeals including a number of significant cases that will determine the rights of the Crown to «take up» Aboriginal lands under treaty; the right of public - sector workers in Saskatchewan to strike; and the extent of solicitor - client privilege as it pertains to money laundering laws.

In contrast, this pales to the magnitude of concerns I feel about the B.C.SC striking down the money laundering laws that apply to lawyers.

Money laundering laws have made the situation more regulated and accurate.

The bank said that this technology could impact its ability to adhere to money laundering laws.

The Deputy Prime Minister of Singapore has sought to clarify the nation's stance on cryptocurrencies with regards to its money laundering laws.

A letter from the treasury department says ICO projects will have to comply with anti-terrorism and money laundering laws that require reporting of suspicious investors to authorities.

Under the country's reformed (and strengthened) money laundering laws, exchange platforms facilitating the trading of cryptocurrencies like bitcoin will be regulated under the purview of AUSTRAC, the country's financial intelligence agency.