Money Laundering: Hearing Before the Committee on Banking and Financial Services, U.S. House of Representatives, One Hundred Sixth Congress, Second Session, March 9, 2000, כרך 4U.S. Government Printing Office, 2000 - 285 עמודים |
מהדורות אחרות - הצג הכל
מונחים וביטויים נפוצים
Action Item Administration anti-money laundering Antigua appropriate assets authorities bank secrecy Bank Secrecy Act Benex billion BMPE C-FIC cash casino Casino on Net Chairman LEACH combat money laundering cooperation coordination corruption countries credit card criminal money currency Customs Department of Justice deposit develop dirty money domestic drug trafficking economic EIZENSTAT enhanced ensure FATF financial institutions financial regulators financial services financial system FinCEN funds Goal HIFCA identify illegal flight capital implement international financial international money laundering issue laundering activity laundering laws Laundering Steering Committee law enforcement legislation Milestones money laundering Money Laundering Steering Money Laundering Strategy multilateral narcotics National Money Laundering OECD officials offshore banks offshore financial operations organized crime Peter Berlin problem proceeds proposed requirements Russian suspicious activity reporting target tax havens transactions Treasury and Justice Treasury Department U.S. banks U.S. financial institutions United Winer wire transfer York
קטעים בולטים
עמוד 254 - It is the power to regulate ; that is, to prescribe the rule by which commerce is to be governed. This power, like all others vested in Congress, is complete in itself, may be exercised to its utmost extent, and acknowledges no limitations other than are prescribed in the Constitution.
עמוד 98 - Federal examination of financial institutions by the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, the Office of Thrift Supervision and the National Credit Union Administration, and make recommendations to promote uniformity in the supervision of these financial institutions.
עמוד 83 - The Electronic Frontier: The Challenge of Unlawful Conduct Involving the Use of the Internet.
עמוד 254 - In other words, the power is one to control the means by which commerce is carried on, which is directly the contrary of the assumed right to forbid commerce from moving and thus destroy it as to particular commodities. But it is insisted that adjudged cases in this court establish the doctrine that the power to regulate given to Congress incidentally includes the authority to prohibit the movement of ordinary commodities and therefore that the subject is not open for discussion.
עמוד 255 - In our view the necessary effect of this act is, by means of a prohibition against the movement in interstate commerce of ordinary commercial commodities, to regulate the hours of labor of children in factories and mines within the States, a purely state authority. Thus the act in a twofold sense is repugnant to the Constitution. It not only transcends the authority delegated to Congress over commerce but also exerts a power as to a purely local matter to which the federal authority does not extend.
עמוד 32 - First let me say that, without objection, all full statements will be placed in the record, and you may proceed in any manner that you see fit, please.
עמוד 186 - ... purpose, without fear of assuming criminal or civil liability for breach of any restriction on disclosure of information if they report their suspicions in good faith; (iv) Requiring financial institutions to maintain, for at least five years, all necessary records on transactions, both domestic or international.
עמוד 192 - Inadequate licensing and creation rules for financial institutions, including assessing the backgrounds of their managers and beneficial owners 2. Possibility for individuals or legal entities to operate a financial institution without authorisation or registration or with very rudimentary requirements for authorisation or registration. 3. Absence of measures to guard against holding of management functions and control or acquisition of a significant investment in financial institutions by criminals...
עמוד 174 - Under the BSA, the Secretary of the Treasury has the authority to define the term "financial institution" very broadly. At present, however, the implementing regulations restrict the scope of this term (for purposes of the BSA) to mean each agent, agency, branch, or office within the United States of any person doing business as a bank, a broker or dealer in securities, a money services business (defined to include a check-casher, a currency exchanger, an issuer, seller, or redeemer of travelers'...
עמוד 185 - Financial institutions should not keep anonymous accounts or accounts in obviously fictitious names: they should be required (by law, by regulations, by agreements between supervisory authorities and financial institutions or by self-regulatory agreements among financial institutions) to identify, on the basis of an official or other reliable identifying document, and record the identity of their clients, either occasional or usual, when establishing business relations or conducting transactions...