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What does BMPE stand for?

BMPE stands for Black Market Peso Exchange

This definition appears frequently and is found in the following Acronym Finder categories:

  • Military and Government
  • Business, finance, etc.

See other definitions of BMPE

Samples in periodicals archive:

A substantial portion of illicit revenue also comes from black market peso exchanges or informal value transfers.
Ten Tons of Assets Forfeited in Black Market Peso Exchange Investigation WASHINGTON, April 12 /PRNewswire-USNewswire/ -- More than $40 million worth of gold, silver and other jewelry forfeited in an international money laundering investigation have arrived in Austin, Texas, announced Assistant Attorney General Lanny A.
One such trade-based system is the black market peso exchange, through which money launderers furnish narcotics-generated dollars in the United States to commercial smugglers, travel agents, investors, and others in exchange for Colombian pesos.
The course offers instruction on money laundering risks and methods, such as Black Market Peso Exchange, import and export price manipulation, the FATF Recommendations, the Basel Committee's report on Customer Due Diligence for Banks, Wolfsberg Group Principles, important elements of anti-money laundering programs and the laws and regulations of many nations around the world.
Tradebased money laundering, such as the black market peso exchange, through which money launderers furnish narcotics-generated dollars in the United States to commercial smugglers, travel agents, investors, and others in exchange for Colombian pesos, remains a prominent method for laundering regional narcotics proceeds.
The GOP remains active in international anti-money laundering efforts, including the multilateral Black Market Peso Exchange Group Directive.