Sentence examples for laundering centers from inspiring English sources

Some laundering centers may bow to pressure to tighten their laws, they say, but others quickly open up.

The decisions taken by the G-20 to improve the regulation and oversight of international finance, to curb speculation, to crack down on tax havens and money laundering centers, and to foster growth must be implemented.

Governments decided to pressure laundering centers in part because the sheer volume of transactions by drug cartels, mafias and corrupt officials has expanded dramatically, to at least $600 billion a year, United States officials said.

For the first time the developed nations published a blacklist of 35 tax havens and 15 potential laundering centers, many of them Atlantic and Pacific island getaways, and told them to clean up their banks or face sanctions.

The new corporate face of Las Vegas, with its theme park casinos geared toward families, they imply, does not signify the demise of mob power there, but merely conceals another stage in the evolution of the city, "increasingly a playground and laundering center for foreign organized crime".

The list is the culmination of a decade-long effort to act against money-laundering centers.

"Great Britain has many money-laundering centers and tax havens in its immediate legal remit," Ms. Fekter said, pointing to the Channel Islands, Gibraltar, the Cayman Islands and the British Virgin Islands.

At the end of June, when the Organization for Economic Cooperation and Development published a roster of 15 money-laundering centers worldwide, it listed mainly familiar havens like the Bahamas and Panama.

Amid the recent proliferation of money-laundering centers that experts estimate has ballooned into a $5 trillion shadow economy, Nauru is Public Enemy No. 1.

Fonseca announced that he was taking a leave of absence after Mossack Fonseca's Brazilian office was implicated in an ongoing corruption and money laundering scandal centered around Brazil's state-owned oil company.

Law enforcement officials and business owners in Mexico say that the assault on the cartels has driven drug traffickers to branch out into an array of other money-making ventures, setting up businesses like spas and day care centers to launder drug proceeds or selling new products like pirated movies or pilfered oil.