money laundering means the conversion or transfer of property, knowing that such property is the proceeds of crime, for the purpose of concealing or disguising the illicit origin of the property or of helping any person who is involved in the commission of the predicate offence to evade the legal consequences of his or her actions, or the concealment or disguise of the true nature, source, location, disposition, movement or ownership of or rights with respect to property, knowing that such property is the proceeds of crime.
money laundering refers to: (a) the conversion or transfer of property, knowing that such property is the proceeds of crime, for the purpose of concealing or disguising the illicit origin of the property or of helping any person who is involved in the commission of the crime to evade the legal consequences of his or her action; (b) the concealment or disguise of the true nature, source, location, disposition, movement or ownership of or rights with respect to property, knowing that such property is the proceeds of crime; 3 or (c) the acquisition, possession or use of property knowing at the time of its receipt that it is derived from a criminal offence.
money laundering means the conversion or transfer of property, knowing that such property is the proceedsof crime, for the purpose of concealing or disguising the illicit origin of the property or of helping any personwho is involved in the commission of the predicate offence to evade the legal consequences of his or her actions, or the concealment or disguise of the true nature, source, location, disposition, movement or ownership of or rights with respect to property, knowing that such property is the proceeds of crime.
Examples of money laundering in a sentence
MLR Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
The Borrower declares that all the amounts including the amount of own contribution paid/payable in connection with the Property, as well as any Security for the Loan, is/shall be through legitimate source and does not/shall not constitute an offence of Money Laundering under The Prevention of Money Laundering Act, 2002.
Any information provided to the Relevant Administrations or OLAF pursuant to the Agreement shall be used only for the purposes of promoting the Parties joint objective of combating Cigarette smuggling, Cigarette counterfeiting and any related Money Laundering.
More Definitions of money laundering
money laundering has the meaning as set forth at paragraph a below.
money laundering means the acquisition, possession, use, conversion, transfer or concealment of the true nature of property of any description, and legal documents or instruments evidencing title to, or interest in, such property, knowing that such property is an economic advantage from criminal offences, for the purpose of:
money laundering means conduct by 1 or more persons that conceals the existence, illegal source, or illegal application of income and then disguises that income to make it appear legitimate. Money laundering includes, but is not limited to, conduct that violates any state or federal law that imposes a criminal penalty for money laundering.
money laundering means the actual or attempted conspiracy to commit or commission, aiding, abetting, counseling, procuring, or inciting of any act which is in breach of and/or constitute an offence or offences under the Anti- Money Laundering Act of 2001 and any amendment thereto.
money laundering means an offence under any of the provisions of sections 3, 4 and 7;
money laundering means the acquisition, possession, use, conversion, transfer or concealment of the true nature of property of any description, and legal documents or instruments evidencing title to, or interest in, such property, knowing that such property is an economic advantage from criminal offences, for the purpose of: (a) concealing or disguising the illicit origin of the property; or (b) assisting any person who is involved in the commission of the criminal offence as a result of which such property is generated, to evade the legal consequences of such actions.
money laundering means the money laundering activities referred to in Article 1(3) and (4) of Directive (EU) 2015/849;