Sentence examples for laundering system from inspiring English sources

The Antshares technology's white paper explains how an anti-money laundering system is embedded in its systems (Zhang 2016).

This is documented in detail with regard to the U.K. in a new report by Transparency International - UK, which concluded that a: "Radical overhaul of the UK's anti-money laundering system is needed, if the UK is to close the door to the billions of pounds in corrupt money coming into the country every year".

To confront this problem, Brother Croce embraced the simplest, most reliable laundering system he could find.

"All legal tools, all anti-money laundering systems, are applicable," said Oleksiy Feshchenko, an anti-money laundering expert at the UNODC.

Improvement of our sanctions and anti-money laundering systems and training is a top priority for the Bank and will remain so," a spokesman said.

Mexico's National Banking and Securities Commission (CNBV) said it had imposed the fine against HSBC due to its "non-compliance with anti-money laundering systems and controls".

The U.S. has sophisticated anti-money laundering systems in place, yet the U.S. Treasury admits that tens of billions of dollars of illicit funds cross into the U.S. and well under the radar every year.

HSBC said it had increased spending on anti-money laundering systems by around nine times between 2009 and 2011, exited business relationships and clawed back bonuses for senior executives.

Up to 800 kg of dirty laundry are generated each day, and traditional laundering systems require tremendous amounts of electricity.

The cyberextortionists also make use of an elaborate money-laundering system, Deats said.

The company ran a global money-laundering system: a network of secret cash payments amounting to billions of pounds that went on for years with the connivance of the British government.