These operations often involve international transactions as a means of "layering"—that is, of obscuring the source of the funds (Box 1). A recent case of money laundering was revealed ... at the ...

Governor of the Central Bank of Sri Lanka Dr. Nandalal Weerasinghe has said combating money laundering and countering financing of terrorism will help improve the credibility of the financial system, ...

Having done a number of layering transactions ... last one back into the economy by spending the now "clean" money. Since money laundering is connected with serious crime, the penalties are ...

"Money laundering and sanctions are huge and nuanced ... They can identify that a customer has used a placement or layering stage, such as a cryptocurrency exchange, to obfuscate the source of money.

There are three stages to money laundering — placement, layering and integration — each of which can be accomplished via a casino. An example of placement in a casino would include exchanging ...