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World Money Laundering Report

The signatures on the covering letter (strangely undated) sent to Congress are immediately striking: Greenspan, O'Neill and Pitt. The report is dated 31 December 2002 and that is the date it was released. Presumably, then, that is the date that should have been on the letter.

Hui Wei-chun, 39, unemployed, was jailed for two years and 10 months, and Cheung Kam-lun, 54, merchant, was jailed for two years and nine months in Hong Kong for their parts in laundering schemes. In mitigation, the court rejected a claim that they had been "entrapped" into committing the offence.

An edited version of an article that first appeared 31 December 2002

The past year has been strange. And the reasons for that strangeness began, at least in the UK and at least in part, in early 2001. At the beginning of 2001, in the UK, we knew that there were going to be several significant changes to the law relating to money laundering and the regulatory framework in which we operated.

The latest plan to restructure the balance sheets of Japanese banks, overburdened with "non-performing loans," is bound to lead to fraud and corruption, says leading counter-money laundering strategist Nigel Morris-Cotterill, Head, The Anti Money Laundering Network.

Debt Levels Creating Opportunities for Launderers, says Nigel Morris-Cotterill

This list applies to all financial services businesses operating in the UK and their overseas branches and subsidiaries.

World Money Laundering Report Volume 2 No. 1 - published January 2000

The USA has seemingly abandoned its stance on the export of high power cryptographic programs known as “strong encryption”.

The following list consists of individuals and business entities.

Anyone identifying these persons should act in accordance with their reporting and other obligations.

Australia: Reserve Bank of Australia (updated 9 November 2001)

If this list returns a positive match, contact your regulator and seek guidance. The information in the list is current as at 3 October 2001. Although this list is produced by The Reserve Bank of Australia, it has international application.