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2. Anti–money laundering - Wikipedia

   en.wikipedia.org/wiki/Anti–money_laundering

   The Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) (AML/CTF Act) is the principal legislative instrument, although there are also offence provisions contained in Division 400 of the Criminal Code Act 1995 (Cth). Upon its introduction, it was intended that the AML/CTF Act would be further amended by a second tranche of ...

3. Anti-Money Laundering Improvement Act - Wikipedia

   en.wikipedia.org/wiki/Anti-Money_Laundering...

   The Anti-Money Laundering Improvement Act established national and international policies to prevent and combat money laundering and terrorist financing. [1]It protects the integrity of financial institutions by detecting money laundering activities, which involve converting illegally obtained funds into legitimate assets through complex transactions and disguising the proceeds as lawful funds.

4. Money laundering - Wikipedia

   en.wikipedia.org/wiki/Money_laundering

   Structuring: Often known as smurfing, is a method of placement whereby cash is broken into smaller deposits of money, used to defeat suspicion of money laundering and to avoid anti-money laundering reporting requirements. A sub-component of this is to use smaller amounts of cash to purchase bearer instruments, such as money orders, and then ...

5. Business owners should not forget anti-money laundering rule ...

   www.aol.com/business-owners-not-forget-anti...

   Small business owners should not forget about a rule — currently in legal limbo — that would require them to register with an agency called the Financial Crimes Enforcement Network, or FinCEN ...

6. Anti–money laundering framework for financial institutions in ...

   en.wikipedia.org/wiki/Anti–money_laundering...

   The Third Anti-Money Laundering Directive 2005/60/EC, adopted on October 26, 2005, [10] was transposed into national law by Ordinance 2009-104 of January 30, 2009. [11] This transposition marked a shift from a threshold-based approach to due diligence to a risk-based approach that considers the actual risk of money laundering.

7. Anti-Money Laundering, Anti-Terrorism Financing and Proceeds ...

   en.wikipedia.org/wiki/Anti-Money_Laundering...

   An Act to provide for the offence of money laundering, the measures to be taken for the prevention of money laundering and terrorism financing offences and to provide for the forfeiture of property involved in or derived from money laundering and terrorism financing offences, as well as terrorist property, proceeds of an unlawful activity and instrumentalities of an offence, and for matters ...

8. Financial crime - Wikipedia

   en.wikipedia.org/wiki/Financial_crime

   The Financial Action Task Force on Money Laundering (FATF), which is recognized as the international standard setter for Anti-money Laundering (AML) efforts, defines the term "money laundering" briefly as "the processing of criminal proceeds to disguise their illegal origin" in order to "legitimize" the ill-gotten gains of crime.

9. Singapore tightens anti-money laundering measures - AOL

   www.aol.com/news/singapore-tightens-anti-money...

   Singapore authorities on Friday announced new measures to tackle money laundering, including inter-agency data-sharing, striking off of inactive companies and channels and programmes to get ...