Anti-money laundering is a set of rules and regulation to prevent the illegal acquisition of the legal income. It covers a limited region of criminal activities and illegal transactions. For instance, AML asks banks and other financial institutions that are giving credit to customers to create a deposit account that ensures the probability of money laundering. There are Anti-money laundering compliance officers who are hired to check up on the AML policies and see whether the banks and financial institutions are abiding by it.
To read full article on "What You Need To Know About Anti Money Laundering?: A Checklist For AML Compliance"
To read full article on "What You Need To Know About Anti Money Laundering?: A Checklist For AML Compliance"
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