Sentences with phrase «transparency of financial transactions»

In an era of internet connected business and online banking, there is a massive need for property transactions to be digitised to streamline the process and ensure greater efficiency and transparency of the financial transactions.

On 5th July 2016, in response to terror attacks in Europe in 2015 and 2016, and the leak of the Panama Papers, the European Commission published proposals to amend the Directive, with the goal of further strengthening measures against the financing of terrorism and improving the transparency of financial transactions and corporate entities.

In this video, you will find out about the inner workings of the eCoinomic.net platform: how eCoinomic.net uses smart contracts to enforce security and transparency of all financial transactions, how the system manages collateral assets and how crypto owners can get fiat loans using eCoinomic.net.

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«Blockchain technology, which is the backbone of digital currency, has the potential to disrupt financial services by reducing the cost and complexity of financial transactions, while also augmenting transparency,» he said.

During difficult market conditions, such as the asset - backed commercial paper crisis in the summer of 2007 and the global financial crisis of late 2008, the BAX has consistently provided customers with price transparency, liquidity and central counterparty guaranteed transactions.

Investment professionals who have long relied on Bloomberg for its suite of financial data and analytics now have access to research from Glass Lewis on matters not well covered by traditional investment research: accounting policies, financial statement transparency, corporate governance, litigation and regulatory developments, related - party transactions, executive compensation and board of director independence and quality, among others.

Like the Internet, Bitcoin is not owned or controlled by any one entity, so it presents incredible opportunities for new levels of efficiency and transparency in financial transactions.»

The more sophisticated those techniques, the more those seeking to launder money need professionals such as lawyers, says Denis Meunier, former deputy director of the Financial Transactions and Reports Analysis Centre and a member of Transparency International.

UK firms can be reassured by the fact PSD2 aims to increase the standards of financial transactions, making them more transparent and competitive while ensuring firms — whether banks or non-traditional market entrants — comply with stricter requirements on transparency, competition and security.

• High - risk countries: banks will be required to enhance their due dili - gence checks on financial transactions from high risk countries, including those on the harmonised list of non-EU countries with poor AML controls • Access to beneficial owners» registers: a higher level of transparency on the true beneficiary own - ers of companies will be achieved through the creation of national regis - ters and information shar - ing between EU member states these operators are able to compete on fair terms, thereby contributing to the overall efficiency of the chain.

The adoption of cryptocurrencies may offer financial savings for international transaction fees and will add transparency to the organization's work.

Reviewing your current financial situation with transparency and using your future goals, the Property People will be able to effectively assess the overall impact of each transaction and the financial impact of closing costs, taxes, and cost associated with your real estate transaction so you can properly plan and avoid any hidden cost.

On introducing the bill, Congressman Lynch cited six FBI offices and three Drug Enforcement Administration offices in buildings owned by foreign interests, and noted that his bill has the support of Global Witness, an advocate for greater transparency in financial transactions.