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Laundering in sentence

102 examples of Laundering in a sentence

HSBC, accused of laundering Latin American drug money, was fined $1.9 billion.
Over the past few months, the EU’s “rule of law” mission in Kosovo, EULEX, has begun doing what the UN could have and should have done long ago: investigating top local Albanian officials and their involvement in bribery and money laundering, as well as their ties to organized crime.
Despite scandal after scandal, from money laundering and market manipulation to racial discrimination in lending and illegal foreclosures, no senior official has been held accountable; when financial penalties have been imposed, they have been far smaller than they should be, lest systemically important institutions be jeopardized.
The ever-vigilant Chinese authorities are cracking down on money laundering; but, given the huge incentives on the other side, this is like playing whack-a-mole.
Europeans should subject Russian investments in EU markets to greater scrutiny and use competition law to launch investigations into monopolistic practices and money laundering for existing investments.
South America’s southern cone – especially Argentina and Chile – has not been immune to the vast expansion of organized crime, money laundering, and demand for narcotics elsewhere in the region.
Many motives lay behind the appeal of Bitcoin, not least opportunities for speculation, drug trafficking, and money laundering.
Similarly, the mandate of the Financial Action Task Force, created in 1989 to curb money laundering, has grown and become focused mainly on curbing terrorist financing.
In February, Mr Kuchma awarded Volkov, whose money laundering was Mr Gongadze's final investigative target, Ukraine highest order of merit.
Amid ambiguity over ownership and pervasive corruption, the free flow of capital across borders would encourage money laundering and asset-stripping, which would incite social tension.
Similarly, Mexico’s “tiered” approach to financial access – according to which requirements for opening bank accounts are proportionate to risk, with low-value accounts subject to higher transaction restrictions – has expanded access to basic accounts, while mitigating the risk of money laundering.
In doing so, it would help prevent full-scale state failure, thereby minimizing the impact of the country’s humanitarian crisis and massive refugee outflows – not to mention rampant drug trafficking and money laundering – on regional and global stability.
His most recent lender, Deutsche Bank, was charged earlier this year for laundering money on behalf of Russian entities.
But the agreement soon collapsed, and North Korea refused to return to the talks until the United States stopped shutting down bank accounts suspected of counterfeiting and laundering money for Kim’s regime.
They should also receive training, provided by a professional association for the sector, aimed at preventing money laundering and the financing of terrorism.
Many countries under sanction, such as Myanmar, become sources of global illegal trafficking in drugs, arms, money laundering, and forced labor.
(In the future, one assumes, they will learn quickly about money laundering regulations as well.)
On the contrary, the US Department of the Treasury recently chastised the EU Commission for including four US territories (American Samoa, Guam, Puerto Rico, and the US Virgin Islands) on a list of jurisdictions with “weak anti-money laundering and terrorist financing regimes.”
Money laundering, in its current form, is relatively new.
But the problem wasn’t really on policymakers’ radar until the attacks of September 11, 2001, which revealed the connection between money laundering and terrorist financing.
And since Russia’s attacks on the 2016 US presidential election, money laundering has again become a matter of national security.
As for Europe, there are similar laws against money laundering, but the situation differs in important ways.
The fines for money laundering have been so small that they create no real deterrent.
But the ECB’s remit does not include policing money laundering.
Global banks, under threat of penalties by the US and European regulators for handling dirty money, should increase their scrutiny of CAR-related transactions to flag possible money laundering by natural-resource smugglers and transnational criminal networks.
The last thing we need is a new vehicle for nurturing illicit activities and laundering the proceeds, which another cryptocurrency will almost certainly turn out to be.
BitMEX insiders revealed to me that this exchange is also used daily for money laundering on a massive scale by terrorists and other criminals from Russia, Iran, and elsewhere; the exchange does nothing to stop this, as it profits from these transactions.
Over the past decade, Hungary’s mafia state has mastered the first two imperatives – looting and laundering money.
Facebook’s Libra currency is waiting in the wings, with its backers trying to persuade regulators that its model is safe and compliant with anti-money laundering protocols.
The Financial Crimes Enforcement Network – the Treasury Department bureau tasked with combating domestic and international money laundering, terrorist financing, and other financial crimes – also has a key role to play.
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