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CA Final | Money Laundering | Law Lectures
 
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Checkout with Sanyog Vyas on the topic "Money Laundering" For more do subscribe our channel : https://www.youtube.com/channel/UC344...
How does money laundering work? - Delena D. Spann
 
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View full lesson: http://ed.ted.com/lessons/how-does-money-laundering-work-delena-d-spann Money laundering is the term for any process that “cleans” illegally obtained funds of their “dirty” criminal origins, allowing them to be used within the legal economy. And the practice is about as old as money itself. But how does it actually work? Delena D. Spann describes the ins and outs of money laundering. Lesson by Delena D. Spann, animation by Juan M. Urbina.
Views: 2177539 TED-Ed
What is MONEY LAUNDERING? What does MONEY LAUNDERING mean? MONEY LAUNDERING meaning
 
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BROWSE The Internet EASY way with The Audiopedia owned Lightina Browser Android app! INSTALL NOW - https://play.google.com/store/apps/details?id=com.LightinaBrowser_8083351 What is MONEY LAUNDERING? What does MONEY LAUNDERING mean? MONEY LAUNDERING meaning. Money laundering is the process of transforming the proceeds of crime and corruption into ostensibly legitimate assets. However, in a number of legal and regulatory systems, the term money laundering has become conflated with other forms of financial crime, and sometimes used more generally to include misuse of the financial system (involving things such as securities, digital currencies, credit cards, and traditional currency), including terrorism financing and evasion of international sanctions. Most anti-money laundering laws openly conflate money laundering (which is concerned with source of funds) with terrorism financing (which is concerned with destination of funds) when regulating the financial system. Some countries define money laundering as obfuscating sources of money, either intentionally or by merely using financial systems or services that do not identify or track sources or destinations. Other countries define money laundering to include money from activity that would have been a crime in that country, even if it was legal where the actual conduct occurred. The concept of money laundering regulations goes back to ancient times and is intertwined with the development of money and banking. Money laundering is first seen with individuals hiding wealth from the state to avoid taxation or confiscation or a combination of both. In China, merchants around 2000 BCE would hide their wealth from rulers who would simply take it off them and banish them. In addition to hiding it, they would move it and invest it in businesses in remote provinces or even outside China. Over the millennia many rulers and states imposed rules that would take wealth from their citizens and this led to the development of offshore banking and tax evasion. One of the enduring methods has been the use of parallel banking or Informal value transfer systems such as hawala that allowed people to move money out of the country avoiding state scrutiny. In the 20th century the seizing of wealth again became popular when it was seen as an additional crime prevention tool. The first time was during the period of prohibition in the United States during the 1930s. This saw a new emphasis by the state and law enforcement agencies to track and confiscate money. Organized crime received a major boost from prohibition and a large source of new funds that were obtained from illegal sales of alcohol. In the 1980s the war on drugs led governments again to turn to money-laundering rules to try and seize proceeds of drug crime to catch the organizers and individuals running drug empires. It also had the benefit from a law enforcement point of view of turning rules of evidence upside down. Law enforcers normally have to prove an individual is guilty to get a conviction. But with money laundering laws, money can be confiscated and it is up to the individual to prove that the source of funds is legitimate if they want the funds back. This makes it much easier for law enforcement agencies and provides for much lower burdens of proof. The September 11 attacks in 2001 which led to the Patriot Act in the US and similar legislation worldwide led to a new emphasis on money laundering laws to combat terrorism financing. The Group of Seven (G7) nations used the Financial Action Task Force on Money Laundering to put pressure on governments around the world to increase surveillance and monitoring of financial transactions and share this information between countries. Starting in 2002 governments around the world upgraded money laundering laws and surveillance and monitoring systems of financial transactions. Anti money laundering regulations have become a much larger burden for financial institutions and enforcement has stepped up significantly. During 2011–2015 a number of major banks faced ever increasing fines for breaches of money laundering regulations. This included HSBC which was fined $1.9 billion in Dec 2012 and BNP Paribas which was fined $8.9 billion in July 2014 by the US government. Many countries introduced or strengthened border controls on the amount of cash that can be carried and introduced central transaction reporting systems where all financial institutions have to report all financial transactions electronically. For example, Australia set up the AUSTRAC system and required the reporting of all financial transactions.
Views: 18923 The Audiopedia
Money Laundering Meaning | Money Laundering Examples | Money Laundering Definition
 
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money laundering meaning | money laundering examples | money laundering definition in urdu/hindi money laundering - how does money laundering work? Anti money laundering (AML) refers to a set of procedures, laws and regulations designed to stop the practice of generating income through illegal actions Money Laundering News - Check out the latest News on Money Laundering It is one of the most sophisticated methods of cleaning dirty money, and trade-based money laundering red flags are among the hardest to detect Money Laundering Layering: The second stage of money laundering is known as layering from the above criminal activities are made to look as legal money in the economy by using many methods of money laundering techniques List of information about Money laundering regulations Women In Prison Piper Kerman Prison Experience Piper Kerman Drug Trafficking Piper Kerman Money Laundering Netflix Original Series Money Laundering 101 with Marty Byrde, AKA Jason Bateman Trade-Based Money Laundering Examples and Red Flags Latest money laundering cases News, Photos, Blogposts, Videos and Wallpapers The final stage of the money laundering process is termed the integration stage —(1) These Regulations may be cited as the Money Laundering Regulations 2007 and come into force on 15th December 2007 Stages of the Process How Money Laundering Stages Quick guide to the Money Laundering Regulations 2017 This Act may be cited as the Money Laundering Act Your trusted source for Money Laundering (crime Type) videos and the latest top stories in world Your trusted source for Money Laundering (literature Subject) videos and the latest top stories in world spann describes the ins and outs of money laundering. other classes of customers such as those with private banking accounts and those of foreign government officials are subjected to enhanced due diligence because the law deems that those types of accounts are a higher risk for money laundering. fatf has developed 40 recommendations on money laundering and 9 special recommendations regarding terrorist financing. money laundering is the term for any process that “cleans” illegally obtained funds of their “dirty” criminal origins allowing them to be used within the legal economy. bombshell: trump's been laundering russian mob money for decades, allegedly. money laundering explained - ever wonder how organized crime cleans their dirty money welcome to money laundering 101 how to launder dirty cash and money laundering explained... introduction to anti money laundry what is it? how money laundering works - money laundering 101 - how does organized crime clean dirty money. com brings latest money laundering news, views and updates from all top sources for the Indian Retail industry Anti-Money Laundering Red Flags for Prepaid Cards ___________________+ Subscribe My Channel: https://www.youtube.com/VideoWorld4u https://goo.gl/csreiE Follow On Google + https://plus.google.com/+VideoWorld4u https://goo.gl/auvhqA Also Like us on Facebook: https://www.facebook.com/vw4you https://goo.gl/bjG8Pk ............................ Watch More Videos Make free calls any country:https://www.youtube.com/watch?v=iWPm6q-b_40 Aasman Ko Hila Dene Wali Dua:https://www.youtube.com/watch?v=M5KGUrgT1UQ Sad URDU Poetry (Female Voice):https://www.youtube.com/watch?v=LDWz-Sy4kKE Yalgaar Pakistani Movie :https://www.youtube.com/watch?v=VlnYLNqU1lA
Views: 5839 Video Darsgah
What is money laundering? - MoneyWeek Investment Tutorial
 
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Money laundering is any activity that tries to convert the proceeds of crime into legitimate money. Tim Bennett explains how you can avoid getting caught up in it. Related links… • What is a Ponzi scheme? – https://www.youtube.com/watch?v=jBGgHT2UT7o • What is insider trading? https://www.youtube.com/watch?v=ooWmD8cr9aA • The lazy way to get rich - https://www.youtube.com/watch?v=kMcK4sVK_n4 • What do investment banks actually do? – https://www.youtube.com/watch?v=xlYDonZLoHg • How to invest like Warren Buffett https://www.youtube.com/watch?v=Nbiib0IBGZY MoneyWeek videos are designed to help you become a better investor, and to give you a better understanding of the markets. They’re aimed at both beginners and more experienced investors. In all our videos we explain things in an easy-to-understand way. Some videos are about important ideas and concepts. Others are about investment stories and themes in the news. The emphasis is on clarity and brevity. We don’t want to waste your time with a 20-minute video that could easily be so much shorter.
Views: 235431 MoneyWeek
Anti Money Laundering - AML
 
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https://elemetal.com/apply Money Laundering is the process of taking illegal and “dirty” funds from drug traffickers, terrorists, con artists, or other nefarious characters and converting it into clean funds. Most people do not realize how serious a problem Money Laundering is and how badly it affects the global economy. An estimated 1-2trillion in US dollars is laundered globally every year. Money Laundering is a three part process. First step is placement. Dirty funds are placed into a financial institution via Cash bank deposits. Second step is layering. Criminals make several transactions to mask the identity of the funds such as wire transfers between different accounts, deposits and withdrawals funds, changing the money's currency, and purchasing high-value items such as Gold Bars, diamonds, or artwork. Final step is Integration - The money re-enters the mainstream economy in legitimate-looking forms. This may involve a final bank transfer into a local business in which the launderer is "investing” in, or the sale of the gold and diamonds bought during the layering stage. At this point, the criminal can use the money without getting caught. Money Laundering is illegal and many times an unsuspecting business could get trapped in this vicious cycle. Diligent companies can spot bad actors and prevent this. Rigorous review process can help make sure supply chain is clear of dirty funds. For more information visit https://elemetal.com
Views: 32474 Elemetal LLC
Law Lesson No. 3:  Money Laundering in Breaking Bad and Other Contexts
 
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Jeff discusses money laundering in general and how it is depicted in the media.
Views: 1472 LawLesson
How Money Laundering Works.
 
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Money Laundering Legend has it the term "money laundering" dates back to the time of Al Capone. The notorious Chicago gangster is said to have bought up a string of laundrettes in the 1920s to disguise his illicit earnings. In reality, the practice has indeed existed for decades, but the term only came into official use in the 1980s.
Views: 185567 Ronnie Darko
Money laundering
 
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Money laundering is the process whereby the proceeds of crime are transformed into ostensibly legitimate money or other assets. However in a number of legal and regulatory system the term money laundering has become conflated with other forms of financial crime, and sometimes used more generally to include misuse of the financial system (involving things such as securities, digital currencies such as bitcoin, credit cards, and traditional currency), including terrorism financing, tax evasion and evading of international sanctions. Most anti-money laundering laws openly conflate money laundering (which is concerned with source of funds) with terrorism financing (which is concerned with destination of funds) when regulating the financial system. Money obtained from certain crimes, such as extortion, insider trading, drug trafficking, illegal gambling and tax evasion is "dirty". It needs to be cleaned to appear to have derived from non-criminal activities so that banks and other financial institutions will deal with it without suspicion. Money can be laundered by many methods, which vary in complexity and sophistication. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 7646 Audiopedia
What is GOLD LAUNDERING? What does GOLD LAUNDERING mean? GOLD LAUNDERING meaning & explanation
 
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What is GOLD LAUNDERING? What does GOLD LAUNDERING mean? GOLD LAUNDERING meaning - GOLD LAUNDERING definition - GOLD LAUNDERING explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Gold laundering is the process whereby illegally obtained gold is melted and recast into another form. The recasting is performed to obscure or conceal the true origin of the gold. The recast gold is then sold, thus laundering it into cash. It may also refer to a money laundering transaction in which the exchanged good is gold. There are several stages in the gold laundering process. The first is the acquisition of the gold, which may be from any combination of sources, at least one of which is illegal. This is then treated as scrap metal, melted, then cast into a mold. This results in a transportable ingot, gold bar or other bulk form bullion. In some cases, there is no gold involved in the laundering scheme. Colombia reported 70 tons of gold exports for 2012 despite production of only 15 tons. This is a result of fictitious gold exports filed with the Colombian customs agency by drug cartels in order to import "cash from international drug deals". Acquisition of the gold occurs in many forms. Small-scale gold mining operations, particularly those with no permits or licences, extract gold from areas unsuitable for large mining operations. Gold obtained in this fashion that is exported may not be traced or authenticated. This includes artisanal mines operated by few individuals, who then sell the gold to brokers. Another form of acquisition is theft. In the 1940s, Nazi Germany forcibly obtained the possessions of Jews, sometimes in collaboration with other parties. Most victims who died in death camps and Nazi concentration camps were robbed of all valuable property by the state, which was then sold or, in the case of bullion, sent to the Reichsbank. For example, in 1945 the Hungarian Gold Train was established to transport the property of Hungarian Jews to Berlin. Once the Jews had been deported to German concentration camps, the valuables were sorted into categories such that their owners could no longer be identified. In the late 1930s and throughout World War II, Germany would increase its unofficial gold reserves by expropriating gold from foreign governments, including $223m from Belgium and $193m from the Netherlands. Some of the Nazi gold was exchanged for cash, and some deposited in financial institutions, including $316 million of the looted gold at the Swiss National Bank. Of the nearly 100 tons of gold laundered through Swiss banks, only 4 tons was returned. The Banco de Portugal, the central bank of Portugal, would regularly purchase Nazi gold held at the Swiss National Bank, according to a 1944 document from the American Overseas Special Services. The scrap gold is then sold by brokers to smelters or refiners, who heat the gold to at least 1,064 °C (1,947 °F), its melting point. This may include gold from numerous sources, including recycled and newly mined gold. Once melted, it may be purified by parting, which separates out silver impurities, and the Miller process or Wohlwill process, depending on the desired level of purity and scale of operation. Once refined, it is cast into a transportable form for further processing. Gold fingerprinting, that is identifying a particular source of gold based on its impurities or trace elements, may be possible if the impurities have not been removed via refining. To prevent laundering of gold and other metals (such as tantalum, tin, and tungsten), some nations have established systems and regulations. For example, Rwanda introduced regulations for mineral trade that requires all ore extraction be tagged, in part a response to the Dodd–Frank Wall Street Reform and Consumer Protection Act in the United States that requires companies to disclose the use of conflict minerals by publishing a supply chain audit. However, with only 100 government monitors overseeing 450 mining sites during typical business hours, smuggling still occurs, exacerbated by corrupt monitors illegally selling tags or failing to record transactions in logbooks. In 2013, Ghanaian president John Dramani Mahama announced that the government of Ghana would establish a task force to regulate the small-scale mining sector. This was to ensure that gold produced in small-scale mines could be authenticated, and also to eliminate the use of heavy machinery that had become prevalent on such sites, which have had caused environmental damage.
Views: 260 The Audiopedia
SHELL COMPANIES - feat. basic understanding of what is Money Laundering
 
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Views: 7734 SleepyClasses
Criminal Law - Fraud
 
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Fraud and other related offences such as bribery are covered in statute law but before getting into this it is useful to go over some of the key concepts. Dishonesty is define in relation to the Ghosh [1982] test and contains both an objective and subjective element. Gain and loss has a broad definition and can include keeping what you already have and not getting what you might other wise get. The actual property itself is also broadly defined to include money and range of property both tangible and intangible. Intention can both be direct intention as well as foresight of a virtually certain consequence. Section 2 of the Fraud Act 2006 covers fraud by false representation where the defendant makes an untrue or misleading representation. The mens rea is where the defendant acted dishonestly and knew the representation was (or was likely to be) false. There must also be an intention to make a gain or cause a loss.The representation itself can be express or implied. This is a conduct crime meaning that the victim need not act on the false representation. Section 3 is fraud by the failure to disclose information but there has to have been a legal duty to disclose the information. The mens rea requirement is not clear whether there can be fraud where the defendant was unaware of the duty. The legal duty can originate from a statute, a contract or other fiduciary duty etc. Section 4 is fraud by abuse of position and the 'position' is a reference to a fiduciary duty and the abuse must be dishonest and intended to make a gain or cause a loss. Other offences under the Act include those relating to articles for fraud under sections 6 and 7. Section 11 relates to obtaining services dishonestly. The Bribery Act 2010 establishes offences relating to paying and receiving bribes. Section 1 covers where the defendant promises/gives some financial or other advantage in order to persuade another person to act improperly or does so as a reward for them acting improperly. Section 2 relates to the receipt of a bribe. Other related offences that also exist under the Theft Act 1968 include: s. 17 – False accounting s. 18 – Corporate liability for fraud offences s. 19 – False statements by company directors s. 20 – Suppression of documents s. 21 – Blackmail For blackmail the actus reus refers to a "demand with menaces" while the mens rea requires from the defendant "a view to gain for himself or another or with intent to cause loss to another”. A defence to blackmail can be where the demand is based on reasonable grounds and the approach taken is proportional.
Views: 3297 marcuscleaver
An Overview of Money Laundering Regulations
 
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An Overview of Money Laundering Regulations
2  Money Laundering
 
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Views: 8797 GS MENTORS
Houston Criminal Attorney Money Laundering
 
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In the past, the term "money laundering" was applied only to financial transactions related to organized crime. Today its definition is often expanded by government regulators to encompass any financial transaction which generates an asset or a value as the result of an illegal act, which may involve actions such as tax evasion or false accounting. Not only are money laundering prosecutions becoming more common, the penalties are often quite severe. It is a common tactic for a federal prosecutor to include money laundering and forfeiture allegations in an indictment. The money laundering crimes often carry harsher penalties than the underlying crime that created the money in the first place. Furthermore, prosecutors use these crimes to try and take away the defendants assets, as well as putting him or her in jail. If you believe you may be under federal or state investigation for a crime contact the offices of Kuniansky and Associates at 713-622-8333 for a free consultation.
Views: 168 Richard Kuniansky
What is Anti Money Laundering | PMLA | FIU-IND ?
 
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Namashkar Dosto, iss video main meine Anti Money Laundering, PMLA, FIU-INDke bareme baat ki hai. India main money laundering kiss tarah se ki jati hai aur use rokhneke liye Indian Govt. kya kuch kar raai hai yeh sari batein meine iss video main aapse share ki hai. Mujhe ummed hai, Anti Money Laundering | PMLA | FIU-IND ko lekar banayi ye detailed video aap sabhi ko pasand ayegi. Share, Support, Subscribe!!! Facebook : https://www.facebook.com/bankinguruji Google+ : https://goo.gl/Khz0o5 Twitter : https://twitter.com/bankinguruji Instagram :https://www.instagram.com/bankinguruji Disclaimer : The information provided on this channel and its videos are for general purposes only. All opinions expressed here are my own & am not compensated by any financial institution for this.
Views: 13829 Banking Guruji
Money Laundering [Black Money To White Money] Full Explanation In Hindi
 
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Hello Everyone!!! This Video will provide u A to Z knowledge of Money Laundering, i.e, how to convert Black Money to White Money In Hindi. Topics Covered: 1. Basic concept of Money Laundering. 2. Examples of Money Laundering. 3. Stages Of Money Lundering: Placement, Layering, Integration. 4. Government steps towards prevention of Money Lundering PMLA, FIU-IND, FATF Social Links {follow us On}: Facebook Page: https://fb.me/thecuriousera Twitter: https://twitter.com/thecuriousera PS: Like, Share and Support "The Curious Era" Subscribe Now: https://www.youtube.com/thecuriousera?sub_confirmation=1
Views: 3157 The Curious Era
What is Hawala? Explained by Advocate Sanyog Vyas | Sanyog Vyas Law Classes
 
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To Buy video Lectures in Pendrive, DVD, online, Android, Books, Test Series please visit our website https://sanyogvyaslawclasses.com/ Watch What is Hawala? Lecture with Sanyog Vyas. For more Online Law Lectures do subscribe our channel : https://www.youtube.com/channel/UC344...
Views: 124499 Sanyog Vyas Law Classes
Money-laundering: PM Imran calls for new law | Headlines 10 AM | 2 December 2018 | Express News
 
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Money-laundering: PM Imran calls for new law | Headlines 10 AM | 2 December 2018 | Express News #PMIMRANKHAN # TALKSHOWSCENTRAL #PAKISTANI#1CHANNEL Talk Shows Central is Pakistan Most Loved and most watched Talk Shows and Entertainment channel in the globe serving with. Minute To Minute Breaking News, Talk Shows, Entertainment And Comedy Programs ► Subscribe us http://bit.ly/TalkShowsCentralYT ► Website - http://www.talkshowscentral.com ► Facebook - https://facebook.com/Talk-Shows-Central-481960088660559 ► Twitter - https://twitter.com/TalkShowsPk
Views: 4672 Talk Shows Central
What is EXTORTION? What does EXTORTION mean? EXTORTION meaning, definition & explanation
 
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BROWSE The Internet EASY way with The Audiopedia owned Lightina Browser Android app! INSTALL NOW - https://play.google.com/store/apps/details?id=com.LightinaBrowser_8083351 What is EXTORTION? What does EXTORTION mean? EXTORTION meaning -EXTORTION pronunciation - EXTORTION definition - EXTORTION explanation - How to pronounce EXTORTION? Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Extortion (also called shakedown, outwrestling, and exaction) is a criminal offense of obtaining money, property, or services from an institution, through coercion. It is sometimes euphemistically referred to as a "protection racket" since the racketeers often phrase their demands as payment for "protection" from (real or hypothetical) threats from unspecified other parties. Extortion is commonly practiced by organized crime groups. The actual obtainment of money or property is not required to commit the offense. Making a threat of violence which refers to a requirement of a payment of money or property to halt future violence is sufficient to commit the offense. Exaction refers not only to extortion or the demanding and obtaining of something through force, but additionally, in its formal definition, means the infliction of something such as pain and suffering or making somebody endure something unpleasant. Extortion is distinguished from robbery. In robbery, whether armed or not, the offender takes property from the victim by the immediate use of force or fear that force will be immediately used (as in the classic line, "Your money or your life.") Extortion, which is not limited to the taking of property, involves the verbal or written instillation of fear that something will happen to the victim if they do not comply with the extortionist's will. Another key distinction is that extortion always involves a verbal or written threat, whereas robbery does not. In United States federal law, extortion can be committed with or without the use of force and with or without the use of a weapon. In blackmail, which always involves extortion, the extortionist threatens to reveal information about a victim or their family members that is potentially embarrassing, socially damaging, or incriminating unless a demand for money, property, or services is met. The term extortion is often used metaphorically to refer to usury or to price-gouging, though neither is legally considered extortion. It is also often used loosely to refer to everyday situations where one person feels indebted against their will, to another, in order to receive an essential service or avoid legal consequences. Neither extortion nor blackmail requires a threat of a criminal act, such as violence, merely a threat used to elicit actions, money, or property from the object of the extortion. Such threats include the filing of reports (true or not) of criminal behavior to the police, revelation of damaging facts (such as pictures of the object of the extortion in a compromising position), etc.
Views: 15464 The Audiopedia
JAIIB- The Prevention of Money Laundering Act, 2002 by Subham Burnwal
 
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In this video, I will explain the whole concepts of Prevention of Money Laundering Act,2002 Which will cover the whole chapter for JAIIB, Legal and Regulatory Aspects of Banking. Explanation by Subham Burnwal.
Views: 13935 EduPassion
Best Explained - Know Your Customer(KYC) & Anti Money Laundering(AML)!! - Study Capsule
 
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Best Explained - Know Your Customer(KYC) & Anti Money Laundering(AML)!! - Study Capsule Most Important for upcoming competitive exams like RRB, IBPS, SBI, NIACL, Insurance Exams, Post Payment Banks, etc. Contact us: [email protected] Facebook: www.facebook.com/studycapsule
Views: 66486 Study Capsule
Laundering Money On Giftcards?
 
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In 2011, amid a crackdown on international money laundering, the U.S. Treasury Department tried to close a loophole that authorities said allows drug cartels to move bulk cash across borders on gift and other prepaid cards. The department's Financial Crimes Enforcement Network (FinCEN) proposed that money stored on these cards count toward a U.S. requirement to report cross-border movement of cash of $10,000 or more. But FinCEN later withdrew its proposed rule after pushback from the prepaid card industry, according to law enforcement sources. http://www.nbcnews.com/business/business-news/drug-cartels-continue-money-laundering-prepaid-cards-amid-industry-pushback-n627056 http://www.wochit.com This video was produced by YT Wochit News using http://wochit.com
Views: 2591 Wochit News
Anti Money Laundering Drive by State Bank of Pakistan, Terrorism Crime (Urdu)| Faheem Sardar 201702
 
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Anti Money Laundering is a crucial step in curbing terrorism and crime. Pakistan has been moving in this direction for a long time and now has incorporated and integrated electronic system at the State Bank of Pakistan to monitor transactions. This and more is discussed here. www.faheemsardar.com
Views: 516 Faheem Sardar
Money Laundering Regulations 2017 - The Key Changes with Andy Holton
 
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Divisional Director of Publications at SWAT UK discusses the Key Changes in the Money Laundering Regulations 2017. To find out how we can help you, visit http://www.swat.co.uk
Views: 4834 SWAT
Examples/Stages of Money Laundering & Methods [Expert Analysis]
 
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The Annual Report of the Swiss Financial Intelligence Unit 2017 came out. It shows that 2909 money laundering cases have been reported to the Swiss Money Laundering Reporting Office. 5300 Million Swiss Francs have been frozen as a consequence of such reports. Are all this 5300 Million Swiss Francs the criminal proceeds deriving from money laundering activities? According to this official report each single day 11 examples of money laundering methods have been reported. That’s an absolute world record. If you want to know real life stages of money laundering and the most frequent schemes and cases of money laundering in Switzerland, if you want to know which criminal activities have produced 5300 Million criminal proceeds, watch this video until the end. ________________________________________­______________________ Caputo & Partners AG - Swiss Banking Lawyers ⇨ No hourly fees, flat & success-fee ⇨ Multilingual service ⇨ 24/7 support ⇨ First consultation free ⇨ 20 years of experience ________________________________________­______________________ CONTACT DETAILS ☎ 0041 44 212 44 04 (SWITZERLAND) ► Website: http://www.swiss-banking-lawyers.com/ ► Facebook: https://goo.gl/TB6CKI ► Google+: https://goo.gl/dhRxa0 ► LinkdIn: https://goo.gl/KIjzNN ► Twitter: https://goo.gl/qg9iCK
Views: 5894 Caputo & Partners AG
Anti-Money-Laundering, Counterterrorism Financing and Financial Crime
 
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Anti-Money-Laundering, Counterterrorism Financing and Financial Crime: The Critical Role of Financial Institutions and How It Affects You Talk by Hue Dang ’92, Head of Asia for the Association of Certified Anti-Money-Laundering Specialists. Media coverage in the last several years of financial penalties against global banks such as BNP Paribas ($8.9 billion) or HSBC ($1.92 billion) for money-laundering and sanctions violations—to name just a few examples—highlights the increasing risks to banks as they conduct their normal business. We now live in an era of international money-laundering controls. The terrorist attacks of Sept. 11, 2001, revolutionized the anti-money-laundering (AML) field and brought into stark relief the threat of the movement and disguising of funds destined for the support of terrorism throughout the world, introducing a whole new effort to combat the financing of terrorism (CFT). As a result of the governmental reaction in virtually all countries, banks, non-bank financial institutions and nonfinancial businesses face tougher national and international legal requirements and harsher penalties than ever before. By the same token, the regulators of those businesses, law-enforcement agents and prosecutors also face greater challenges and responsibilities in their work. The discussion of what this means to you will include the economic and social consequences of money laundering; the latest regulatory developments in the U.S., Asia and Europe; challenges in effective AML/CFT implementation; and key lessons learned from recent cases. Presented by the Class of 1992.
Views: 39247 AmherstCollege
Money Laundering, Explained
 
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Criminals make a tremendous amount of money, but what happens to it? The Wire, Breaking Bad, Lethal Weapon, and more explain. Too often, our financial system makes it easy for criminals to hide from law enforcement. Learn more, or take action at http://action.gfintegrity.org/p/dia/action3/common/public/?action_KEY=15619
The United States and the Money Laundering Process (Portfolio)
 
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Stratfor Tactical Analyst Ben West explains the reasons and process for money laundering in the United States and how it relates to the recent Standard Chartered Bank laundering scandal. About Stratfor: Stratfor brings global events into valuable perspective, empowering businesses, governments and individuals to more confidently navigate their way through an increasingly complex international environment. For individual and enterprise subscriptions to Stratfor Worldview, our online publication, visit us at: https://worldview.stratfor.com/ And make sure to connect with Stratfor on social media: Twitter: https://twitter.com/stratfor Facebook: https://www.facebook.com/stratfor/ LinkedIn: https://www.linkedin.com/company/stratfor YouTube: https://www.youtube.com/stratfor Learn more about Stratfor here: https://www.Stratfor.com Get the latest company news here: https://marcom.stratfor.com/horizons Or review and purchase our longform reports on geopolitics here: https://store.stratfor.com And listen to the Stratfor podcast for free here: iTunes - http://bit.ly/Stratfor_Podcast_iTunes Stitcher - http://www.stitcher.com/podcast/stratfor-talks Soundcloud - https://soundcloud.com/stratfortalks Libsyn - http://stratfor.libsyn.com/ Download the All New Mobile App for Stratfor. You can also access Stratfor Worldview Content in the App when you are offline. Free Download for iOS (from Apple App Store): http://bit.ly/Statfor_Mobile_App_for_Apple_Devices Free Download for Android (from Google Play Store): http://bit.ly/Stratfor_Mobile_App_for_Android_Devices To subscribe to Stratfor Worldview, click here: https://worldview.stratfor.com/subscribe Join Stratfor Worldview to cut through the noise and make sense of an increasingly complicated world. Membership to Stratfor Worldview includes: Unrestricted access to Stratfor Worldview's latest insights, podcasts, videos, and more. Members-only community forums. My Collections - your personal library of Stratfor insights saved for later reading. Discounts to our long-form reports on the Stratfor Store.
Views: 12068 Stratfor
What is MONEY TRAIL? What does MONEY TRAIL mean? MONEY TRAIL meaning, definition & explanation
 
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What is MONEY TRAIL? What does MONEY TRAIL mean? MONEY TRAIL meaning, definition & explanation. Money trail is a catchphrase to describe any evidence that money, or an equivalent, is passed between two parties. Money trails are left behind when funds are passed by something called a money loop. Unlike money laundering, which tries to wash funds to make them appear clean, money loop funds tend to start clean. However, they become dirty because they were used for a questionable purpose. The term dark money refers to funds that may have been passed into a money loop and not reported to election committees and voters. Both money laundering and a money loop leave a money trail. Money trail is associated with the phrase "Just follow the money trail". This essentially means if you want to look for the motivation behind an action, look to see who stood to profit. A political scandal involving the President of the United States in the 1972 helped make the phrase famous when two reporters following a trail of clues uncovered the Watergate scandal. A money loop involves the flow of money in both directions. One party tends to want something from the government, and an official wants something in return. This is also called a kickback. Money loops are different than other forms of political corruption. Political corruption when an outright demand for money is made, is called pay to play. Either you pay the money or can't get a building permit, license etc.. Political corruption that allows an illegal activity, is called making a bribe or paying protection money. Money loop can also be traced to political corruption in the United States. A loop hole is a legal technicality that allows a questionable practice to continue. A supposed loop hole in campaign laws in the 1990s and early 2000s allowed an unlimited funding of political campaigns using issue only ads. The money to pay for the advertisement is termed soft money. The sponsors claimed their ads were legal since they didn't mention one of the eight magic words. The combined phrase "soft money loop hole" was shortened to just money loop. During the 2012 elections another supposed loop hole called the independent expenditure allowed unlimited funding into campaigns a second time. Politicians have the ability to influence governmental spending, its actions and its failure to act. There are many clear legal ways to interact and influence politicians including: Writing a letter, or sending an e-mail; Lobbying for legislation and changes; Making a campaign contribution; Volunteering to help a candidate get elected; Donating to a candidate's party. Within certain limitation, in many countries these types of interaction between the people of the country and the government is encouraged. However, when citizens exceed the law of the land many countries react swiftly. This helps these countries ensure their governments are for the people.
Views: 2418 The Audiopedia
Money laundering Meaning
 
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Video shows what money laundering means. The act of engaging in transactions designed to obscure the origin of money that has been obtained illegally.. Money laundering Meaning. How to pronounce, definition audio dictionary. How to say money laundering. Powered by MaryTTS, Wiktionary
Views: 2499 ADictionary
What is Money Laundering (Sinaloa Cartel & 2 Case Studies)
 
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►What is money laundering explained by AML-Expert based on the Sinaloa Cartel ► 16.4 Billion Criminal Money Frozen in Switzerland 16.4 Billion Swiss Francs were frozen last year with Swiss banks. Most of it was international corruption money. That’s an all-time world record. That’s not Hollywood. That’s big scale money laundering detected inside the great Swiss banks based on millions and millions of transactions. If you want to know from an AML Expert like me, what is money laundering made by real criminals like the Sinaloa Cartel, you are watching the right video. If you want to know how money laundering works with the underground Hawala compensation scheme, watch this video until the end. ►► Join our Boutique Law Firm Letter https://swiss-banking-lawyers.com/ ►► Our Website: https://swiss-banking-lawyers.com/ ►► Tax Evasion [Best Tips & Tricks] https://swiss-banking-lawyers.com/tax-evasion/ ►► OECD Automatic Exchange of Information and CRS [Insider Report 2018] https://swiss-banking-lawyers.com/automatic-exchange-of-information/ ►► How Millionaires pay less Tax using Secret Tax Avoidance Strategies – Confessions of an International Tax Lawyer https://swiss-banking-lawyers.com/tax-avoidance/ ►► Ultimate Guide in Private Banking to Secure Your Wealth https://swiss-banking-lawyers.com/private-banking/ ►► Best Private Bank List – Swiss Private Bank Directory https://swiss-banking-lawyers.com/best-private-bank-list-swiss-private-bank/ ►► 10 Reasons for Swiss Bank Account Opening [Ex-UBS Lawyer reveals the truth] https://swiss-banking-lawyers.com/swiss-bank-account-opening/
Introduction to AML Compliance: What is Anti-Money Laundering all about?
 
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In this video we explain money laundering, why it is important to stop and prevent it, how we achieve this, and we clarify CFT or Countering Financing of Terrorism.
Views: 55764 AML Solutions
What is MONEYLENDER? What does MONEYLENDER mean? MONEYLENDER meaning, definition & explanation
 
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What is MONEYLENDER? What does MONEYLENDER mean? MONEYLENDER meaning - MONEYLENDER pronunciation - MONEYLENDER definition - MONEYLENDER explanation - How to pronounce MONEYLENDER? Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ A moneylender is a person or group who typically offers small personal loans at high rates of interest and is distinct from banks and financial institutions that typically provide such loans. The high interest rates charged by them is justified in many cases by the risk involved. They play an active role in lending to people with less access to banking activities, such as the unbanked or underbanked or in situations where borrowers do not have good credit history. They sometimes lend to people like gamblers and compulsive shoppers who often get into debt. Many countries have laws in place that require moneylenders to be registered, and set limits on the interest rates that may be charged. For example, in India licensed moneylenders are governed by Money Lenders Acts of respective states. A paper from the Abdul Latif Jameel Poverty Action Lab found that people living in poverty tend to borrow money from moneylenders (as well as relatives) rather than banks. For example, in the Udaipur sample they used, 18% of those who borrowed money borrowed from moneylenders compared to 6.4% from a formal source (like a bank). In the urban Hyderabad sample, 52% of those who borrow money borrow from moneylenders compared to 5% from commercial banks.
Views: 2196 The Audiopedia
The implications of the 4th Money Laundering Directive
 
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Hunters Estate Agents, in association with Landmark, deliver a short webinar introducing the changes to the Money Laundering Regulations enacted by the 4th Money Laundering Directive and what estate agents can do to remain compliant.
What is meant by smurfing in money laundering
 
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What is meant by smurfing in money laundering - Find out more explanation for : 'What is meant by smurfing in money laundering' only from this channel. Information Source: google
How Money Laundering Works: The CIA, Trade & Finance in Central America Day 4 Part 3 (1988)
 
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Money laundering is the process of changing large amounts of money that have been gained through illegitimate means. Money evidently gained through crime is "dirty" money, and money that has been "laundered" to appear as if it came from a legitimate source is "clean" money. Money can be laundered by many methods, which vary in complexity and sophistication. Different countries may or may not treat tax evasion or payments in breach of international sanctions as money laundering. Some jurisdictions differentiate these for definition purposes, and others do not. Some jurisdictions define money laundering as obfuscating sources of money, either intentionally or by merely using financial systems or services that do not identify or track sources or destinations. Other jurisdictions define money laundering to include money from activity that would have been a crime in that jurisdiction, even if it was legal where the actual conduct occurred. For example, under British law, spending proceeds from a bull fight in Spain constitutes money laundering because the bull fight would have been illegal if it had been conducted in the United Kingdom.[1] This broad brush of applying money laundering to incidental, extraterritorial or simply privacy-seeking behaviors has led some to label it financial thoughtcrime.[2] Many regulatory and governmental authorities issue estimates each year for the amount of money laundered, either worldwide or within their national economy. In 1996, the International Monetary Fund estimated that two to five percent of the worldwide global economy involved laundered money. The Financial Action Task Force on Money Laundering (FATF), an intergovernmental body set up to combat money laundering, stated, "Overall, it is absolutely impossible to produce a reliable estimate of the amount of money laundered and therefore the FATF does not publish any figures in this regard."[3] Academic commentators have likewise been unable to estimate the volume of money with any degree of assurance.[4] Various estimates of the scale of global money laundering are sometimes repeated often enough to make some people regard them as factual—but no researcher has overcome the inherent difficulty of measuring an actively concealed practice. Regardless of the difficulty in measurement, the amount of money laundered each year is in the billions (US dollars) and poses a significant policy concern for governments.[4] As a result, governments and international bodies have undertaken efforts to deter, prevent, and apprehend money launderers. Financial institutions have likewise undertaken efforts to prevent and detect transactions involving dirty money, both as a result of government requirements and to avoid the reputational risk involved. Issues relating to money laundering have existed as long as there have been large scale criminal enterprises. Modern anti--money laundering laws have developed along with the so-called modern War on Drugs.[5] In more recent times anti--money laundering legislation is seen as adjunct to the financial crime of terrorist financing in that both crimes usually involve the transmission of funds through the financial system (although money laundering relates to where the money has come from, and terrorist financing relating to where the money is going to). http://en.wikipedia.org/wiki/Money_laundering
Views: 6385 The Film Archives
What is PAYABLE-THROUGH ACCOUNT? What does PAYABLE-THROUGH ACCOUNT mean?
 
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What is PAYABLE-THROUGH ACCOUNT? What does PAYABLE-THROUGH ACCOUNT mean? PAYABLE-THROUGH ACCOUNT meaning - PAYABLE-THROUGH ACCOUNT definition - PAYABLE-THROUGH ACCOUNT explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ A payable-through account (PTA) is a demand deposit account through which banking agencies located in the United States extend cheque writing privileges to the customers of other institutions, often foreign banks. PTA accounts are a concern to bank regulators because the banks or agencies providing the accounts may not subject the end customers to the same level of scrutiny as they would their own customers. These concerns were addressed in Title 3A, especially Section 311(b)(4), of the Patriot Act. Foreign financial institutions use PTAs, also known as "pass-through" or "pass-by" accounts, to provide their customers with access to the U.S. banking system. Some U.S. banks, Edge and agreement corporations, and U.S. branches and agencies of foreign financial institutions (collectively referred to as U.S. banks) offer these accounts as a service to foreign financial institutions. Law enforcement authorities have stated that the risk of money laundering and other illicit activities is higher in PTAs that are not adequately controlled. PTAs may be prone to higher risk because U.S. banks do not typically implement the same due diligence requirements for PTAs that they require of domestic customers who want to open checking and other accounts. For example, some U.S. banks merely request a copy of signature cards completed by the payable through customers (the customer of the foreign financial institution). These U.S. banks then process thousands of sub-accountholder checks and other transactions, including currency deposits, through the foreign financial institution’s PTA. In most cases, little or no independent effort is expended to obtain or confirm information about the individual and business subaccountholders that use the PTAs. Foreign financial institutions’ use of PTAs, coupled with inadequate oversight by U.S. banks, may facilitate unsound banking practices, including money laundering and related criminal activities. The potential for facilitating money laundering or terrorist financing, OFAC violations, and other serious crimes increases when a U.S. bank is unable to identify and adequately understand the transactions of the ultimate users (all or most of whom are outside of the United States) of its account with a foreign correspondent. PTAs used for illegal purposes can cause banks serious financial losses in criminal and civil fines and penalties, seizure or forfeiture of collateral, and reputation damage. U.S. banks offering PTA services should develop and maintain adequate policies, procedures, and processes to guard against possible illicit use of these accounts. At a minimum, policies, procedures, and processes should enable each U.S. bank to identify the ultimate users of its foreign financial institution PTA and should include the bank’s obtaining (or having the ability to obtain through a trusted third-party arrangement) substantially the same information on the ultimate PTA users as it obtains on its direct customers. Policies, procedures, and processes should include a review of the foreign financial institution’s processes for identifying and monitoring the transactions of subaccountholders and for complying with any AML statutory and regulatory requirements existing in the host country and the foreign financial institution’s master agreement with the U.S. bank. In addition, U.S. banks should have procedures for monitoring transactions conducted in foreign financial institutions’ PTAs. In an effort to address the risk inherent in PTAs, U.S. banks should have a signed contract (i.e., master agreement) that includes: Roles and responsibilities of each party. Limits or restrictions on transaction types and amounts (e.g., currency deposits, funds transfers, check cashing). Restrictions on types of subaccountholders (e.g., casas de cambio, finance companies, funds remitters, or other non-bank financial institutions). Prohibitions or restrictions on multi-tier subaccountholders.193 Access to the foreign financial institution’s internal documents and audits that pertain to its PTA activity. U.S. banks should consider closing the PTA in the following circumstances: Insufficient information on the ultimate PTA users. Evidence of substantive or ongoing suspicious activity. Inability to ensure that the PTAs are not being used for money laundering or other illicit purposes.
Views: 2074 The Audiopedia
The World Tonight: What is the Anti-money Laundering Act of 2001
 
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The Anti-Money Laundering Council aiding in the probe of corruption allegations against Vice President Jejomar Binay, is a powerful entity, headed by no less than the Bangko Sentral, the Securities and Exchange Commission, and the Insurance Commission. This explains the mandate and the powers of the AMLC. Subscribe to the ABS-CBN News channel! - http://bit.ly/TheABSCBNNews Visit our website at http://news.abs-cbn.com Facebook: https://www.facebook.com/abscbnNEWS Twitter: https://twitter.com/abscbnnews #ABSCBNNews
Views: 8645 ABS-CBN News
What is deposit structuring?
 
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Join the Cryptoversal world at http://www.cryptoversal.com What is cash structuring and smurfing? Is structuring deposits legal? What are the banking limits? Cryptocurrencies reviews, ICOs, exchanges, gaming sites and payment methods. All things crypto on every level!
Views: 199 Cryptoversal
What is Compliance?
 
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Are you familiar with the term compliance? Perhaps you have already completed a compliance training program? Fantastic! Still, even experienced employees are sometimes unsure which course of action is best from a compliance perspective. This is exactly what this smartLesson by Idox Compliance is about. Follow Maria, Paula and Daniel in their discussion whether their recent behaviour was compliant or not. This smartLesson is highly customizable to the needs of your company and can easily be implemented in compliance e-learning solutions by Idox Compliance. The range of topics of our compliance web based trainings range from compliance basics, anti-corruption, competition law, data privacy, information security, prevention of money laundering and many more. http://www.compliance.idoxgroup.com/en.html
Views: 33451 Idox Compliance
Saul explains money laundering - subtitle
 
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Saul is lecturing Jesse about the money laundering.
Views: 481807 Vincenzo Cortino
What is Anti Money Laundering(AML) in Urdu/Hindi 2018 | Anti Money Laundering Process
 
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What is Anti Money Laundering(AML) in Urdu/Hindi 2018 | Anti Money Laundering Process In this video, we are going to discuss What is Anti Money Laundering(AML) in Urdu/Hindi 2018 | Anti Money Laundering Process What is 'Anti Money Laundering - AML' Anti-money laundering (AML) refers to a set of procedures, laws, and regulations designed to stop the practice of generating income through illegal actions. Though anti-money laundering laws cover a relatively limited number of transactions and criminal behaviors, their implications are far-reaching. For example, AML regulations require institutions issuing credit or allowing customers to open accounts to complete due-diligence procedures to ensure they are not aiding in money-laundering activities. The onus to perform these procedures is on the institutions, not on the criminals or the government. anti money laundering process, anti money laundering compliance, anti money laundering example, anti money laundering ppt, importance of anti money laundering, anti money laundering act, anti money laundering certification anti money laundering policy, Please subscribe to my Channel: https://www.youtube.com/channel/UCz1KHeMP8tHLUf44gsr8zwQ Facebook Page: https://www.facebook.com/Chr0nicleTech/ Facebook Account: https://web.facebook.com/MNkhaaan Twitter: https://twitter.com/chronicle_tech Google Plus: google.com/+ChronicleTech Website: http://chronicletechs.com/ Free Courses: http://chronicletechs.com/free-online-urdu-courses/
Views: 457 Chronicle Tech
The 4th EU Money Laundering Directive explained in 90 seconds
 
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What is the 4MLD? If you’re interested in learning more about anti money laundering, check out our range of qualifications http://www.int-comp.com/training/aml/
6/30/14 - Bitcoin legal in California, DNA on the blockchain, & Bitcoin saves endangered species
 
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http://moneyandtech.com/June-30-news-update/ The US Marshals Service released preliminary results from their Friday auction of the 30,000 bitcoins previously seized from the Silk Road. According to the US Marshals, 45 registered bidders participated and 63 bids were received during the course of the 12-hour long event. Among the notable participants were bitcoin financial services company Circle, Barry Silbert's SecondMarket and Bitcoin Investment Trust, bitcoin investment firms Pantera Capital and Binary Financial, and online retailer Bitcoin Shop. More information is expected to be released later today, although it is still unclear how much information will be revealed. The Australian Tax Office has delayed the release of their eagerly awaited ruling on the taxation of Bitcoin, which many had hoped to see by the end of the financial year, leaving open the question of whether businesses accepting bitcoin should treat the digital currency as money or property. In their announcement of this delay, the ATO explained that, "To ensure our advice to the community is comprehensive and robust we have sought further advice from external legal counsel." In California, Governor Jerry Brown signed Assembly bill AB-129 into law on Saturday, officially reversing the previous law which had declared all alternative currencies illegal in the state. With this new law in place, a wide range of alternative currencies, including digital currencies such as Bitcoin, as well as points and coupons, will be considered legal money as forms of payment. Global inter-governmental agency the Financial Action Task Force has released its report entitled 'Virtual Currency: Key Definitions and Potential AML/CFT Risks' which offers a preliminary assessment of the virtual currency risks around money laundering and terrorism financing. The report goes into detail providing "a number of examples of money laundering offences involving virtual currencies" and "establishes a conceptual framework of key definitions, which could form the basis for further policy development." Andreessen Horowitz's go-to partner for digital currency investments, Chris Dixon, spoke with Wall Street Journal's MoneyBeat recently, telling them that he and founding partner Marc Andreessen both see a bright future for Bitcoin. As Dixon put it, "Probably 10,000 of the best developers in the world are working on this project. Because they are not sitting in a building called Bitcoin Incorporated people seem to miss that point... You read these criticisms that 'bitcoin has this flaw and bitcoin has that flaw,' and we're like 'Well, great. Bitcoin has 10,000 people working hard on that'." Israeli startup DNA.Bits has announced plans to use blockchain technology similar to Bitcoin's to better store genetic and medical record data, making the information fully accessible to the researchers who need it, while maintaining privacy and individual anonymity. This new system could prove valuable to any companies conducting this research, which Jerusalem Center for Genetics and Society fellow Smadar Horowitz calls, "a game changer in the fields of drug discovery, personalized medicine and genetic counseling." Australian bitcoin payments startup BitPOS is launching a new campaign with the International Anti-Poaching Foundation to help save Africa's endangered wildlife. The campaign accepts donations in bitcoin, as well as PayPal and credit card, which will go towards training the IAPF's anti-poaching teams across Africa. As IAPF's Managing Director Ian Mackenzie-Ross says, "The idea that we can tap into donations from around the world via one collection point is ideal, it couldn't be simpler." http://moneyandtech.com/June-30-news-update/
Views: 2171 Money & Tech
Money laundering
 
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Money laundering Money laundering is the process of transforming the proceeds of crime and corruption into ostensibly legitimate assets1 In a number of legal and regulatory systems, however, the term money laundering has become conflated with other forms of financial and business crime, and is sometimes used more generally to include misuse of the financial system involving things such as securities, digital currencies, credit cards, and traditional currency, including terrorism financing and evasion of international sanctions2 Most anti-money laundering laws openly conflate money laundering which is concerned with source of funds with terrorism financing which is concerned with destination of funds when regulating the financial system3 Some countries define money laundering as obfuscating sources of money, either intentionally or by merely using financial systems or services that do not identify or track sources or destinationscitation needed Other countries define money laundering to include money from activity that would have been a crime in that country, even if it was legal where the act Money laundering Click for more; https://www.turkaramamotoru.com/en/money-laundering-25481.html There are excerpts from wikipedia on this article and video
Views: 1 Search Engine

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