underground banking
1Organized crime — Crime syndicate redirects here. For the DC Comics group of villains, see Crime Syndicate. For other uses, see Organized crime (disambiguation). Al Capone, a name often associated with organized crime …
2Hawala — Das Hawala Finanzsystem (arabisch حوالة, DMG Ḥawāla, von حَوَّلَ / ḥawwala /‚wechseln, überweisen‘; Hindi: Vertrauen; auch der moderne Begriff Avalkredit bezieht sich darauf) ist ein weltweit funktionierendes informelles… …
3Transparency (research) — Transparency, as used in the humanities, implies openness, communication, and accountability. It is a metaphorical extension of the meaning a transparent object is one that can be seen through. Transparent procedures include open meetings,… …
4Informal value transfer system — An informal value transfer system (IVTS) refers to any system, mechanism, or network of people that receives money for the purpose of making the funds or an equivalent value payable to a third party in another geographic location, whether or not… …
5Terrorist financing — is a topic that shot into the limelight after the events of September 11, 2001. The US passed the USA PATRIOT Act, among other reasons, to ensure that both combating the financing of terrorism (CFT) and anti money laundering (AML) was given… …
6hawala — noun an underground banking system based on trust whereby money can be made available internationally without actually moving it or leaving a record of the transaction terrorists make extensive use of hawala • Topics: ↑terrorism, ↑act of… …
7Hawala — An alternative remittance channel that exists outside of traditional banking systems. Hawala is a method of transferring money without any actual movement. One definition from Interpol is that Hawala is money transfer without money movement.… …
8USA PATRIOT Act, Title III, Subtitle B — The USA PATRIOT Act was passed by the United States Congress in 2001 as a response to the September 11, 2001 attacks. It has ten titles, with the third title ( Title III: International Money Laundering Abatement and Financial Anti Terrorism Act… …
9Offshore bank — Banking A series on Financial services …
10Italy — /it l ee/, n. a republic in S Europe, comprising a peninsula S of the Alps, and Sicily, Sardinia, Elba, and other smaller islands: a kingdom 1870 1946. 57,534,088; 116,294 sq. mi. (301,200 sq. km). Cap.: Rome. Italian, Italia. * * * Italy… …
