laundering

The banks are worried about being hit with multi-$m fines if they end up inadvertently facilitating money-laundering.

Big banks collude with drug cartels but no one is named criminally, small btc exchange is cited for money laundering.

For those that don't know the acronym 'KYC' is 'ķnow your customer' and a core principle of Anti-Money Laundering (AML) laws.

Yes your correct, nordic countries have achieved a very high standard of living without 300 years of government supported racketeering, money laundering etc.

Hopefully, this documentary will deal a significant reputation blow to these agencies and will in turn prevent similar money laundering in the future.

If you're worried that a scammer has caught you out for money laundering, you likely have bigger problems than just losing $300 to scammers.

The last thing I imagined is that you'd get mixed up in the money laundering business.

They will never try to stop the cheap money and money laundering.

What percentage of increased Bitcoin transactions are due to the use of automated gambling sites for Bitcoin-trail erasure type money laundering through numerous microtransactions?

And certainly, a policy to contain the kind of international laundering^H^H^H^H^H^H^H^H^H^Hcapital flight that characterised Russia in the 90s is wiser than the absence of one.

Banks are regularly fined for a variety of things, but there is a material distinction between failing to properly vet clients, some of whom (as it turned out) were laundering drug money, and knowingly laundering drug money.

Money laundering just results in a fine when it happens in a Mexico branch and there is no evidence that someone higher up actually knew it was happening.

Between fraud, transaction costs, anti-"money laundering" requirements and general complexity the systems that actually exist are just not very good.

The only thing from the indictment that was a policy from the top was not classifying Mexico as a "high risk" country for money laundering controls purposes.

[who] joined the prosecution against the bank only to relieve the pressure on himself" willing to testify that a higher up made that classification decision with specific intent to profit from money laundering.

One day they are good hard working European, the next day all of them are gangster laundering russian crime money and taking money out of their bank account is fair justice ( but fear not brave citizen, your money is safe at the bank because your are not dishonest like they are ) Europe has treated its "citizen" like rubbish since the crisis.