• tax

Money Laundering

December 29th, 2015|0 Comments

What is money laundering? Money laundering is an act of utilizing property originating from criminal activity, such as blackmail, drug trafficking, managing illegal gambling, bribery, human and arms trafficking. See a “severe criminal file” 1049/07 [...]

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Voluntary disclosure procedure

December 28th, 2015|0 Comments

As part of the global struggle against money laundering and financing terrorist activity, several international provisions were set to establish a system for international collaboration and information sharing (FATF), which aims to prevent undeclared capital [...]