PDF-EU Member States agree to clamp down on money laundering loopholes Measures fall short

A key issue is KRZ57347WKH57347857347ZLOO57347UHJXODWH57347WKH57347FROOHFWLRQ57347RI5734757523EHQHILFLDO57347RZQHUVKLS5752457347LQIRUPDWLRQ the real persons who have ultimate control of a company or trust which is vital to fight financial crime and. INTRODUCTION Combating money laundering has been a primary concern for Government of Indonesia GOI since the economic and political crises erupted in 1997 The GOI paid more attention in eradicating such criminal activities both because of our domest Dr. Abdullahi Y. Shehu. Director General, GIABA. Presented to the Commissioners of the West Africa Commission on Drugs (WACD), Accra, Ghana. 29 April 2013. Presentation Overview. Regional Context – the facts. Prof. . Yemi. Osinbajo, SAN. INTRODUCTION. The global nature of the internet has created an environment which allows criminals to perpetrate almost any illegal activity anywhere in the world even without being physically present at the locus of the crime. . 23 September 2014. Contents. 1 What is money laundering?. 2. The ‘primary’ money laundering offences. 3. Failure to report and tipping off. 4. The Money Laundering Regulations 2007. 1. What is money laundering?. What is money laundering?. It is a process of making dirty money clean.. Money is moved around the financial system again and again in such a manner that its origin gets hidden.. Money generated from illegitimate source is converted into that derived from a legitimate source .. 1. . . Strap Clamp_. 2. . . _Cabinet clamp. 3. . . __. Spring clamp. __. 4.. Vice grip clamp. 5. . . . Bar Clamp. 6. . . . C-Clamp. 7. . Parallel Clamp. 8. . Quick grip clamp.  On money laundering and fighting with it. . The internationalization of crime occurs with the formation of international financial networks, systems of International Settlements, the increasing of migration, formation of multinational mega policies, setting clear boundaries, uneven distribution of resources within and between countries, etc.. Staying left of. TMC Council: Security and Emergency Preparedness. Awareness:. Active Shooter. 160. Incidents in Educational Environments. 4. Shootings in Healthcare Facilities. (10 killed / 10 Wounded). “Fight against organised crime and corruption: strengthening the prosecutors’ network”. March4th-7. th. . 2014, Skopje, Macedonia . Mona . Konecny. , Public Prosecution Office, Vienna, Austria. THE FATF RECOMMENDATIONS. Presented by . ERM Institute. 1. A. AML/CFT POLICIES AND COORDINATION. . 2. THE FATF RECOMMENDATIONS. Assessing risks and applying a risk-based approach *. Countries should identify, assess, and understand the money laundering and terrorist financing risks for the country, and should take action, including designating an authority or mechanism to coordinate actions to assess risks, and apply resources, aimed at ensuring the risks are mitigated effectively. Based on that assessment, countries should apply a risk-based approach (RBA) to ensure that measures to prevent or mitigate money laundering and terrorist financing are commensurate with the risks identified. This approach should be an. jurisprudence. Obligation . of. . lawyers. . to. . report. . suspicions. . of. . money. . laundering. ECJ. , C-305/05 „. ordre. des . barreaux. . e.a. .“. 2nd AML directive. The obligations of information and of cooperation for combating money laundering . Esther Aikiriza Kagira ,. Manager, Strategic Analysis AND STATISTICS. Financial Intelligence Authority -UGANDA. Structure of Presentation. Role of Financial intelligence Authority. Money Laundering (ML) and Terrorism Financing (TF)/PF. 2. Introduction. 3. Objectives . What is Money Laundering & Sanctions?. Understand what are the PMLA regulatory obligations. Understand the Key Components of AML and Sanctions compliance program. Trade-Based . Money Laundering . Generates corruption and crime. Loss . of tax . revenue (evasion of . the customary . fees and . taxes paid by law-abiding . importers, e.g. bank fees, sales taxes, importation taxes).