Sentences with phrase «unlawful financial»

The CFPB's stated role is to «prevent harm to consumers from unlawful financial practices and ensure that markets for consumer financial products and services are fair, transparent, and competitive.»

The Serious Fraud Office («SFO») announced today that Barclays and four former senior executives have been charged with conspiracy to commit fraud and the provision of unlawful financial assistance.

These three defendants are also charged with unlawful financial assistance.

«In terms of the unlawful financial assistance, I think this would be at the top end so very close if not the maximum of two years.»

Barclays, Varley and Jenkins are separately charged with conspiracy to commit fraud by false representation in relation to the October 2008 capital raising, contrary to the Fraud Act 2006 and the Criminal Law Act 1977, and unlawful financial assistance contrary to the Companies Act 1985.

The SFO announced today (20 June) that it was charging the bank and four individuals with «conspiracy to commit fraud and the provision of unlawful financial assistance», after an investigation that began in August 2012.

The legal issues included the question of whether an English parent company may give unlawful financial assistance by allowing its foreign subsidiary to give assistance.

After a five - year investigation, the SFO announced that it has charged Barclays PLC and four former executives with conspiracy to commit fraud and the provision of unlawful financial assistance.

And besides incorporating OFAC's blacklist, a open crowdsourced blockchain AML apparatus could residence an unlawful financial hazard that affects crypto users directly: crypto heists.

Not exact matches

An SEC's order found that Merrill Lynch sold almost three million shares of Longtop Financial Technological Limited's securities into the market despite red flags indicating that the sales could be part of an unlawful unregistered distribution.

In Latin America, for Institutional Investors and Financial Intermediaries Only (Not for public distribution): This material is for educational purposes only and does not constitute an offer or solicitation to sell or a solicitation of an offer to buy any shares of any fund (nor shall any such shares be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction.

Nothing contained on this website constitutes a solicitation, recommendation, endorsement, or offer by Ensemble Capital or any third party service provider to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.

However, the more poignant part of a new epoch outset from financial authorities scrutinizing cryptocurrency addresses is going to be what the cryptocurrency village itself will have to do: Work to forestall unlawful sell on the blockchain.

The rest came from a fine against First Financial, which had sent out millions of unlawful text messages.

According to an article by Ria Novsti the Russian Foreign Ministry claims that the recently announced US Financial Aid to the new Kiev Government is illegal because the 1961 Foreign Assistance Act prohibits financial assistance to the government of any state whose legally elected president was overthrown as a result of a military coup or an unlawful Financial Aid to the new Kiev Government is illegal because the 1961 Foreign Assistance Act prohibits financial assistance to the government of any state whose legally elected president was overthrown as a result of a military coup or an unlawful financial assistance to the government of any state whose legally elected president was overthrown as a result of a military coup or an unlawful decision.

Justice Abdulaziz Anka granted the order at the instance of the Economic and Financial Crimes Commission, which said it reasonably suspected the money to be proceeds of «unlawful activities.»

Justice Hassan held, «I am in complete agreement with the submission of the learned counsel for the applicant (EFCC) that the property sought to be attached are reasonably suspected to be proceeds of unlawful activities and that by every standard this huge sum of money is not expected to be kept without going through a designated financial institution; more so, nobody has shown cause why the said sum should not be forfeited to the Federal Government of Nigeria.

A final order is made forfeiting the sums of $ 43,449,947 found by the Economic and Financial Crimes Commission at Flat 7B of No. 16 Osborne Road, Osborne Towers, Ikoyi, Lagos, which sum is reasonably suspected to be proceeds of unlawful activities to the Federal Government of Nigeria.»

An Abuja High Court has ordered the Economic and Financial Crimes Commission (EFCC) to pay a sum of N10m damages to an Abuja based foreigner and security expert Mr. Wolgang Reinl over his unlawful detention and seizure of his international Passport by the anti-graft agency.

The anti-graft agency claimed that they ought to have «reasonably known that the money formed part of proceeds of an unlawful act,» adding that they handled it without going through a financial institution in violation of the Money Laundering (Prohibition) Act.

Real money mobile casino gambling is legal in the US, but the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) still prohibits numerous financial institutions from processing transactions at online gambling sites (both at desktop & mobile gaming sites).

Through this lawsuit, the Bureau is seeking to stop the unlawful practices of Global Financial Support, Inc., Student Financial Resource Center, College Financial Advisory, and Armond Aria that are alleged in the complaint.

Money laundering occurs when funds from an unlawful activity are moved through the financial system in such a way as to make it appear that the funds have come from legitimate sources.

Activision [stated] in its 23 - page complaint that «West and Zampella's misdeeds formed an unlawful pattern and practice of conduct that was designed to steal the [Infinity Ward] studio, which is one of Activision's most valuable assets — at the expense of Activision and its shareholders and for their own personal financial gain.»

In those far off days, mitigation fell broadly into three categories: tax planning (perfectly legal and morally upright, according to the oft - quoted Lord Clyde), remains to this day an acceptable pursuit in the eyes of many; at the other end of the spectrum, tax evasion was, and remains, I am pleased to say, unlawful and is rightly punishable by heavy financial penalties and in rarer cases loss of liberty.

knowing that the property involved in a financial transaction represents the proceeds of some form of unlawful activity, conducts or attempts to conduct such a financial transaction which in fact involves the proceeds of specified unlawful activity

This rumour keeps coming up time and time again, (probably because I've worked in financial services where this may be more commonplace - I no longer do) but every now and then, I'll hear someone claim that it is unlawful for your employer to demand that your pay be deposited into an account held with a specific financial institution.

In the consumer class action sector, Alberstone is currently lead or co-lead counsel in several notable cases, including Payne v. Bank of America, N.A., et al., involving manipulation of the LIBOR U.S. Dollar rate, Bias et al. v. Wells Fargo & Company, et al., concerning illegal mark - ups of default related fees, Ellis v. JP Morgan Chase, et al., Stitt v. Citibank, et al. and Vega v. Ocwen Financial Corporation, et al., concerning unlawful charging of unnecessary default fees, Waldrup v. Countrywide Financial Corporation, et al., concerning illegal charging for fraudulent appraisals, Weiner v. Ocwen Financial Corporation, et al., involving illegal assessment of default - related service fees that contained undisclosed mark - ups, and Ono v. Head Racquet Sports USA, concerning false advertising of Head tennis racquets.

The Court of Appeal found that the Regulations were unlawful as they required «verifications of domestic violence to be given within a 24 - month period before any application for legal aid» and because they did «not cater for victims of domestic violence who have suffered from financial abuse».

LIBOR / BBA / unlawful fee arrangements (2015 - 16)-- acting for a number of financial institutions in respect of regulatory - related claims in the Employment Tribunal

when the lawyer believes on reasonable grounds that there is an imminent risk of... substantial financial injury to an individual caused by an unlawful act that is likely to be committed, and disclosure is necessary to prevent the injury.

If my client comes to me for advice, must I now, since I now «[believe] on reasonable grounds that there is an imminent risk of... substantial financial injury to an individual caused by an unlawful act that is likely to be committed,» disclose what my client is about to do?

Housing Law Unlawful Detainer Defense Tenant Rights Security Deposit Habitability Claims Reasonable Accommodations Mortgage / Foreclosure Counseling Consumer Finance & Mortgage Fraud Financial Literacy Training Loan Modification / Loss Mitigation Assistance Preliminary Injunctions to Prevent Foreclosure Sales Civil Litigation Against Lenders for Homeowners Bill of Rights Violations / Civil Litigation for Misrepresentation or Fraud in Homeowner Mortgages

«Indeed for my part, I would encourage Magistrates» Courts before whom prosecutions are brought or, for that matter, Crown Courts before which any prosecution comes on indictment, to reflect in any financial penalty imposed the amount of commercial advantage which has been obtained by a person through the unlawful deposit of controlled waste.»

The entire thing as enacted originally is here (193 pages), the laundering part is Subtitle H. Fortunately, what is outlawed is willful acts, e.g. «knowing that the property involved in a financial transaction represents the proceeds of some form of unlawful activity», «with the intent to promote the carrying on of specified unlawful activity».

CLSMF helps low - income people resolve urgent, non-criminal legal problems that make a difference in their everyday lives, such as protecting the elderly from unlawful evictions, making sure women and children are protected from violence in their homes, and helping veterans receive financial benefits they have earned and need.

The Serious Fraud Office announced on 12 February it has charged Barclays Bank with unlawful «financial assistance» over a US$ 3 billion loan it made to Qatar in 2008.

A High Court action for alleged misuse of confidential information, poaching of staff and unlawful competition between financial advisers

Southwark proffered that that arrangement was champertous because the solicitor had a financial interest in the outcome of the proceedings and thus unlawful and if not champertous then an insurance arrangement between solicitor and client which the solicitor was not authorised to issue.

unlawful regulated activity of credit - related regulated activity under the Financial Services and Markets Act 2000.

I guess that to illustrate my point, over the years I've come across some tremendously unlawful sellers and buyers, who seem to stake out the Realtors in hopes of obtaining financial gain, and their claims are totally without merit.

Under the Dodd — Frank Wall Street Reform and Consumer Protection Act (Dodd - Frank Act), it is unlawful for any provider of consumer financial products or services or a service provider...

With that said, the Independent Community Bankers of America ® (ICBA) and the nation's more than 6,000 community banks implore college students to be aware of bad actors and unlawful activity in the financial marketplace, such as card cracking.