Bank secrecy

This plan requires secrecy.

In that context, some speakers expressed concern about the continuing application of bank secrecy by several financial safe havens posing serious obstacles to the effective prevention and control of money laundering.

There is so much darkness and secrecy surrounding them.

Removing impediments to criminal investigations related to bank secrecy

If it was surrounded by secrecy, change would be difficult.

The legislation contains strict secrecy provisions in order to protect legitimate financial transactions and defines the authorities that are entitled to have access to information, and how they may use and store it.

Problems with exchange of information on request de facto bank secrecy

Otherwise, de facto bank secrecy in the transmitting State can result.

Override of bank secrecy and other confidentiality laws in the transmitting State

Considering the important role that these businesses and professions play in financial transactions, agreement is emerging that regulations to police money laundering should encompass them in certain circumstances, without prejudice to privileges related to professional secrecy.

Call on Your Lord in humility and in secrecy verily He approveth not the trespassers.

Call on Your Lord in humility and in secrecy verily He approveth not the trespassers.

Concerning the Code of Criminal Procedure, bank secrecy may not be invoked before a court.

Bank secrecy has been one of the major obstacles to criminal investigations in money laundering offences.

In order to provide better protection, some secrecy was maintained about the sites of the shelters.

You only tell your dearest, closest friend, sworn to secrecy for life, the first time you had sex.

In contrast, Al Hakam was built in full secrecy without the involvement of any foreign companies or contractors.

2005 OECD article 26 and the suggested changes to UN Model article 26 will facilitate effective exchange of information by overriding bank secrecy and other confidentiality laws in the transmitting State (de jure bank secrecy) but those articles do not require the transmitting State to obtain sufficient information to overcome the de facto bank secrecy in the transmitting State in the fact situations described in paragraphs 47 and 48, and 51 and 53 above.

If you put shame in a Petri dish, it needs three things to grow exponentially secrecy, silence and judgment.

(d) Whether the obligation to exchange information should override bank secrecy and other confidentiality laws in the transmitting State

The result de facto bank secrecy in the transmitting State which is not overridden by 2005 OECD article 26 in spite of the override in article 26 (5) and in the suggested revised UN Model article 26 (5) of bank secrecy and other confidentiality laws in the transmitting State.

For example, recent multifaceted efforts to combat corruption have added to the pressure exerted by the initiatives against bank secrecy.

First of all, we feel that the negotiation process has been characterized by irregularities, a lack of transparency and secrecy.

In this case, the FBI and US Justice Department have done their jobs. But they did so, in part, by penetrating the murky worlds of financial secrecy created and protected by the US Treasury, the Internal Revenue Service, and the US Congress (ever protective of Caribbean tax havens).

The result is de facto bank secrecy in the transmitting State and because of such de facto bank secrecy in the transmitting State, the foreign person may attempt to evade any applicable tax in his her its country of residence, the receiving State, which does not receive the relevant information.

8. States Parties shall not decline to render mutual legal assistance pursuant to this article on the ground of bank secrecy.

8. States Parties shall not decline to render mutual legal assistance pursuant to this article on the ground of bank secrecy.

Various parts of the world will have a cult food that people get enormously attached to there's tremendous traditions, there's secrecy.

Voters should be able to check that their votes are counted correctly, without breaking election secrecy, which is so very important.

School employees are under a strict duty of secrecy with regard to the knowledge they obtain about personal affairs of individuals.

Can the transmitting State validly claim that it engages in effective exchange of information if it permits such de facto bank secrecy?

The International Bar Association noted in this regard states that introduce these measures often protect the secrecy of the information they posses.

He expressed concern at the secrecy surrounding the application of the death penalty and the cruel treatment of prisoners on death row.

Article 40 thereof presents another line of attack against bank secrecy, providing that (e)ach State party shall ensure that, in the case of domestic criminal investigations of offences established in accordance with this Convention, there are appropriate mechanisms available within its domestic legal system to overcome obstacles that may arise out of the application of bank secrecy laws .

What information should a Government obtain automatically from banks, other financial institutions and other payors of income in that country to overcome de facto bank secrecy and to facilitate effective exchange of information by that Government with other Governments pursuant to exchange of information clauses in income tax treaties or exchange of information agreements?

6. For the purposes of this article and article 13 of this Convention, each State Party shall empower its courts or other competent authorities to order that bank, financial or commercial records be made available or be seized. States Parties shall not decline to act under the provisions of this paragraph on the ground of bank secrecy.

7. For the purpose of this article and article 55 of this Convention, each State Party shall empower its courts or other competent authorities to order that bank, financial or commercial records be made available or seized. A State Party shall not decline to act under the provisions of this paragraph on the ground of bank secrecy.

The most significant recent development is that exchange of information provisions in tax treaties should override bank secrecy and other confidentiality laws in the transmitting State.

1, 2 and 3) also stressed the importance of ensuring that exchange of information provisions in tax matters would override bank secrecy and other confidentiality laws.

Everybody who is involved in the control of firearms must be cleared by the National Security Office for at least at the confidential degree of secrecy.

But do you see any irony in the fact that, in order for you to shine that light, you have to, yourself, create secrecy around your sources?

Whether you speak in secrecy or aloud, (it is all the same to Allah). He even knows the secrets that lie hidden in the breasts of people.

Whether you speak in secrecy or aloud, (it is all the same to Allah). He even knows the secrets that lie hidden in the breasts of people.

The Commentary (para. 19.10) on 2005 OECD article 26 (5) confirms, in relevant part, that (t)he vast majority of OECD member countries override bank secrecy laws