Reference no: EM132340866
Financial Services Regulations and Ethics in Oman
1. Discussion on money laundering
2. Explanation of various forms of money laundering
Five forms of laundering
3. Process of money laundering - Five process
4 Anti-money laundering law
Combating Money Laundering and Terrorism Financing
5.CBO articles with application of legal proceedings - Five CBO Articles
6. References in Harvard style
Following is the format.
Introduction:
*form of money laundering
-smuggling cash into another country for
- required by law
- Trade-based laundering
- Cash-intensive businesses
- Shell Companies
*process of money laundering
- creating the appearance :
-transforming the profit :
-disguising:
reporting less income to pay less tax :
- pretending to be an ownership of other people assets :
*Anti-money laundering
*article money launder
- CBO Article 6: Money Laundering:
- CBO Article 10: Money Laundering:
- CBO Article 34:
CBO Article 35:
CBO Article 88:
Conclusion
Action Activities
Process :
i) Creating - the apparatuses -> Receive
Money form - Criminal
ii) Transforming the profits/money
iii) Disguising -> copying -> ID card/ Bank account
iv) In tending transform -> doing wrong -> money legitimate income
v) pretending to be an ownership of other people assets.
vi) reporting less income to pay less tax.