The HSBC Money-Laundering Scandal Case Facts HSBC is one of the largest financial institutions in the world‚ with assets over $2.5 trillion‚ 89 million customers‚ 220‚000 shareholders‚ operations/affiliates in 85 countries‚ and 2011 profits of nearly $22 billion (HSBC‚ 2011a). Drawing upon evidence revealed following a year-long investigation into HSBC (Levin et al.‚ 2012)‚ seven areas of case fact illustrating key anti-money laundering (AML) and terrorist financing problems can be seen including:
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we made drastic changes to our security by enacting policies‚ and agencies such as the Transportation Security Administration (TSA)‚ Department of Homeland Security (D.H.S.)‚ U.S. Northern Command (NORTHCOM)‚ U.S.A. P.A.T.R.I.O.T. Act of 2001‚ and the Homeland Security Act of 2002. The D.H.S. consolidated other organizations‚ including the U.S. Immigration and Naturalization Service and FEMA (Villemez‚ 2011). This analysis will cover two public opinions about how the 9/11 events touched
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and Techniques 2.B.1 Crimes and Civil wrongs Nature of crimes 2.B.2 Corruption‚ Drug Trafficking‚ Ransom‚ Counterfeiting‚ Copy Rights violations‚ Arms Smuggling‚ Stock Exchange Frauds Learning from 79 Federal Violations in USA Nature of Civil Wrongs 2.B.3 Structured Insurance Policies‚ Letter of Credit‚ Abuse of Credit Cards‚ Structured Loans‚ Under or Over Invoicing‚ Transit Trade‚ Free Zone Concessions‚ Correspondent Banking ‚ Negotiable instruments‚ Telegraphic
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attack on the United States‚ the USA Patriot Act passed Congress‚ it ’s also known as the “Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism” Act‚ or more simply‚ the Patriot Act. The Patriot Act was created with the noble intention of finding and prosecuting international terrorists operating on American soil; however‚ the unfortunate consequences of the Act have been drastic. Many of the Patriot Act’s provisions are in clear violation
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L. Cain‚ JD BS Table of Contents This Thesis will provide an overview of the controversial sections of the USA Patriot Act as it relates to the First Amendment‚ Fifth Amendment‚ Sixth Amendment and Eighth Amendments of the Constitution. In addition this Thesis will summarize the Controversial sections of the Military Authorization Act which goes into effect May‚ 3 2012. Both Acts appear to violate many of the basic principles that have been articulated in the U.S. Constitution‚ particularly
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the unethical act that has been committed is where law would come into play. “Violations of the Law is reinforced by the police and carried out through the court system” (Battle‚ 2010‚ Para. 2). When laws are broken there is usually a fine set to pay for the act‚ however when a person is unethical or violates an ethical code the law is not always involved‚ therefore‚ there may or may not be any consequences to the violation. We live in an information technology world. How we act effects our everyday
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What exactly is wire tapping? Do you think wiretapping is occurring in your everyday life? Wire tapping is the practice of connecting a listening device to a telephone line to secretly monitor a conversation. This can play a key role in helping law enforcements in the end. As President Obama states‚ “When I came into this office‚ I made two commitment that are more important than any commitment I made: number one ‚ to keep American people safe and number two‚ to uphold the Constitution.” Wiretapping
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The Patriot Act and Civil Liberties The Patriot Act and Civil Liberties With today’s society of advanced technology‚ it has become imperative for the United States to develop new laws to keep up with emerging threats and to combat illegal activities within the country as well as abroad. Without the ability to monitor communications and information‚ the War on Terrorism becomes an unsymmetrical battle that is detrimental to the American way of life. Devoid of such significant
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preventing another 9/11 attack. Bill C-36‚ the Anti-Terrorism Act (ATA) also falls under this category‚ which came into effect at the end of 2001. Both of these pieces of legislature were created to tackle the issue of terrorism because the government felt that the current and average criminal justice system were not able to tackle the issue of terrorism . These acts are able to define and classify what would be deemed as terrorism before the act even occurred and much controversies arose due to the ability
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James Hillin English 102 Instructor Tobias Peterson 2/7/2015 Annotated Bibliography Greenhouse‚ Linda. "THE WIRETAPPING LAW NEEDS SOME RENOVATION." New York Times‚ Late Edition (East Coast) ed.Jun 01 1986. ProQuest. Web. 8 Feb. 2015 . Linda Greenhouse writes an article about how the wiretapping laws need improvement. She really goes into depth about how laws‚ just like technology‚ can become obsolete. She starts off by addressing and informing the reader about the dates and the laws that were
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