Sentences with phrase «money laundering rules»

Money laundering rules require notices of transactions above a certain size.

To help improve transparency, online bitcoin exchanges will have to file records with regulators and follow money laundering rules, reporting suspicious transactions.

In fact, the US Treasury Department recently applied money laundering rules to bitcoin exchanges.

As per the Government of India mandate (under Prevention of Money Laundering Rules, 2005), it is now mandatory to link your Aadhaar and PAN to your mutual fund folio.

There are no clauses about money being in the account for 90 days in UK housing transactions, however under money laundering rules your brother's solicitor might need sight of loan agreements to verify where the funds came from (I think it would depend on whether you paid the money to your brother direct, in which case there would be no problem, or if you paid it direct to the solicitor for the purchase).

Three Clyde & Co partners have each been fined # 10,000 by the Solicitors Disciplinary Tribunal (SDT) for breaching money laundering rules.

Businesses need to brace themselves for new money laundering rules that come into effect next month, HM Revenue & Customs (HMRC) warns.

That may change as the UK Treasury is suggesting changes to European money laundering rules that would require Bitcoin exchanges to know who their customers are.

As affluent Chinese buyers — spurred by relaxed regulations and a lower Canadian dollar — flood into British Columbia's real estate market, warnings are rising that some cash deals may contravene federal money laundering rules.

An Indian official advised applying lessons learned in the US, where authorities are applying money laundering rules to bitcoin.