Sentences with phrase «still launder money»

Even if the U.S. cracks down on it and China cracks down, but Japan doesn't, people will be able to still launder money through Japan.

Even if the U.S. cracks down on it and China cracks down, but Japan doesn't, people will be able to still launder money through Japan,» he said.

Not exact matches

Still, Lawsky also highlighted positive aspects of the new technology, saying there was room for a thriving industry as long as it stuck to the rules, avoided money laundering, and did not duck regulation off - shore.

However, the crypto industry is growing stronger than ever and despite the old stigma that bitcoin is only used by cyber criminals and for money laundering, the industry is still booming in the country.

It's recommended that readers still consult legal counsel and contact a lawyer should they have any concerns regarding potential money laundering.

And though Bitcoin regulation is still under development, all governments are sure they wish to prevent money laundering within Bitcoin network.

Moreover, many of these businesses could not be used for money laundering because they do not hold customer funds, yet they could still be required to obtain a money transmission license.

A study by the non-profit group European Network on Debt and Development (Eurodad), says that despite recent revelations over corporate tax dodging, the EU still provides a «wide - range» of options for firms seeking tax loopholes and is failing to enforce transparency measures that would cut money laundering risks.

Soooooo where do you think septic goes??? Look into how a septic system works... I used disposables all of my almost 3 year olds life and I just had my second child and diapers for two children is extreamly costly so I switched to cloth diapers and I LOVE them not because Im eco friendly or because I hate disposables I still use them with my almost 3 yearold because she is going through potty training but just for the fact alone that it saves so much money and its not as hard to do as people think expecially with all the different types alot of the time you do nt have to even touch soiled diapers to launder them they have ones that the liners will come out in the wash and you do nt have to dunk them in the toilets if you have sprayers..

One of the counts reads: «That you, Mrs. Diezani Allison Madueke (still at large) and Tijani Inda Bashir on or about the 27th day of March, 2015 in Nigeria within the jurisdiction of this Honourable Court directly took possession of the sum of N264, 880,000.00 (Two Hundred and Sixty - four Million, Eight Hundred and Eighty Thousand Naira) which sum you reasonably ought to have known forms part of the proceeds of an offence contrary to Section 15 (2)(d) of the Money Laundering (Prohibition)(Amendment) Act, 2012 and punishable under Section 15 (3) of the same Act.»

Expressing the passion the EFCC has for the war against corruption, Magu said, «EFCC needs training in money laundering as it is still a new concept which most judges and prosecutors still need to better understand.»

Those were the two narratives presented to jurors today in the Manhattan federal courthouse where Mr. Silver, still an assemblyman and once among the three most powerful men in the state, is standing trial on charges of honest services fraud, extortion and money laundering for allegedly taking more than $ 4 million in bribes and kickbacks.

But the banks thought his activity was still suspicious, so they reported him and the IRS opened an investigation under the assumption that Spitzer was trying to launder money he had obtained from bribes.

The money laundering toolbox is still intact with private mortgages, property transfers, offshore corporations and lots more tools still viable as lawyers» secret conduits for tainted money.

A closer read shows that the proposed changes still leave lots of leeway and discretion to individual money - laundering lawyers.

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.

The fact that a bank has complied with its money laundering obligations — and the Serious Organised Crime Agency has not sought to prevent a particular transaction — is no guarantee that a civil action can not still be pursued.

Is it still used to launder money?

The result of this consistent tonal bias from China's most influential media, as it represents the interests of the PBOC, is to portray Bitcoin's public image in China as still something deeply connected with price volatility and money laundering, and in need of severe government regulation.

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.

There are no specific EU requirements for the crypto exchanges yet, except that they apply KYC (know your customer) and AML (anti money laundering) procedures, but this regulatory area is still unclear.

And if they managed to transfer the money out, they'd still have to go through a laundering process.

However, the crypto industry is growing stronger than ever and despite the old stigma that bitcoin is only used by cyber criminals and for money laundering, the industry is still booming in the country.

The official stressed the fact that the «loophole» for money laundering still exists because some governments are enforcing weaker regulations than the others.

... and they still have the Money laundering issue with Russia where Deutsche Bank was helping the client to buy and sell to himself — mirror trading to the tune of $ 10Billion!

Certification or License of a Pharm Tech thats a convicted felon Not rated yet If a pharm tech graduate has a class 4 felony of attempted money laundering, can they still get their state or national certification or licensed as a...

16) No Deposit Insurance 17) Deposit Cheque bouncing but legal obligation to still be tied to the contract 18) Criminals using the purchase to Launder Money making the seller guilty by association until proven innocent.

While real estate professionals do not have money laundering reporting responsibilities, real estate professionals can still be at risk from the activities.