launder

(redirected from laundering)
Also found in: Dictionary, Thesaurus, Legal, Financial, Idioms, Wikipedia.

launder

[′lȯn·dər]
(engineering)
An inclined channel or trough for the conveyance of a liquid, such as for water in mining and construction engineering or for molten metal.
References in periodicals archive ?
The terrorist and insurgent financing, money laundering, bulk cash smuggling, abuse of informal value transfer systems and other illicit activities financing criminal activity continue to jeopardize the Pakistan's security and development.
In a six-page resolution made public Thursday, the DOJ has granted a motion for reconsideration filed by Philrem executives Salud Bautista, Michael Bautista and Anthony Pelejo last May and dismissed the charges filed by the Anti-Money Laundering Council against them.
The meeting was attended by officers of Data, money laundering and off shore companies sections.
Asked whether the government is willing to accept an inspection by an EU team to ascertain whether there is money laundering activities in Cyprus, Stephanou said that "Cyprus has never refused supervision or evaluation by authorized agencies and their designated committees of international or European organizations".
Firms licensed by the Dubai Financial Services Authority (DFSA) are subject to the DFSA's anti-money laundering and counter terrorist financing regime and are required to report any suspicious transactions and activities to the federal Financial Intelligence Unit of the UAE with a notification to the DFSA.
Racing's got a lot more to worry about than if there are any isolated cases of money laundering.
The Third Directive of Money Laundering was adopted 26 October 2005 on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing.
Money laundering occurs across the formal financial sector; the non-financial sector, especially via both licensed and unlicensed money remitters; and within the free trade zones (FTZs).
In the United States, international experts believe that money laundering has cost $3.
financial system from the illicit proceeds flowing through LCB and to deprive this international narcotics trafficking and money laundering network of its preferred access point into the formal financial system," said Under Secretary for Terrorism and Financial Intelligence Stuart Levey.
Latvia, as a growing regional financial centre, sees the majority of Baltic money laundering cases, partly through exposure to organised crime, but also tax evasion difficulties.
Money laundering operations through e-banking are harder to detect, due to unavailability of documentation that could be traced or investigated, the study noted, according to ASHARQ AL AWSAT.