These costs might all be worth it if there were any proof that anti-money-laundering laws lowered crime rates.
Anti-money-laundering laws do impose high costs, and that cost is borne by the financial industry and its consumers.
The emails helped the government convict Warshak on a host of fraud, conspiracy, and money-laundering charges.
FORBES: Your Email Now Warrants Greater Privacy, Thanks to Sex Pill Peddling Dude
Five defendants on trial at Ipswich Crown Court have denied money-laundering and conspiracy to defraud.
BBC: Suffolk scam trial: Undercover officer 'posed as escort'
Victor Conte, owner of the Bay Area Laboratory Co-operative, or BALCO, also admitted to money-laundering.
Federal anti-money-laundering regulations increased compliance costs and bureaucracy for conventional banking with the paper trail.
At the same time, the U.S. government is pursuing financial firms caught up in money-laundering schemes.
This is likely to appease Germany, which had raised concerns about money-laundering on the island.
The institution also plays a key role in the fight against money-laundering and terrorism.
Issues about money-laundering have also provoked intense scrutiny into the methods used by some banks.
Even for HSBC, there may be painful ramifications for many years yet of the money-laundering settlement.
This is because most governments agree that money-laundering and financial meltdowns are best avoided.
New divisions have been set up to tackle modern crimes such as money-laundering and computer fraud.
The defendants face a range of charges including corruption, conspiracy, embezzlement, money-laundering and misusing public funds.
On December 2nd he was arrested in Switzerland and later charged with fraud and money-laundering.
ECONOMIST: Hope for a Ukrainian recovery is ever more distant
In 2010 Italian police launched an investigation against Mr Gotti Tedeschi as part of a money-laundering inquiry.
Speaking in his own defence last week, Noriega dismissed the money-laundering charges as "an imaginary banking scheme".
The money-laundering investigation led to arrests Tuesday in New York, Los Angeles, Miami and elsewhere around the country.
"These are hard puzzles, " says Patrick Jost, a former Treasury official now at London anti-money-laundering consultancy Risc Global.
In short, the standard western approach, in the form of money-laundering laws, looks flawed when applied to Russia.
The company and seven of its principals and employees were charged with money-laundering and operating an unlicensed money-transmitting business.
Lawmakers should give serious thought to junking the current anti-money-laundering system and figuring out smarter ways to fight crime.
They believe increased oversight will ease money-laundering concerns that have kept some investors and merchants out of the market.
Van Cleef, a partner specializing in emerging payments and anti-money-laundering-compliance at Washington, D.
WSJ: Bitcoin Virtual Currency Start Up Gain New Venture Backers
DeLay stepped down earlier this year after being indicted on state money-laundering charges.
CNN: If it walks, talks like a conservative, can it be a Dem?
Mr. Gulliver, soon after taking over HSBC's CEO post in 2011, announced efforts to tighten the bank's money-laundering programs.
Switzerland has opened a money-laundering investigation into an account held by a Russian tax official named by Mr Browder.
Investigations into terrorist finance, sanction evasion and money-laundering have traditionally been in the remit of the Manhattan district attorney.
ECONOMIST: America��s financial system: Law and disorder | The
In 2011 he was given an additional sentence for money-laundering and forgery.
Some politicians have accused Cyprus of acting as a hub for Russian money-laundering - an allegation rejected by Cypriot officials.
应用推荐