Accountancy, asked by felix23199p895bt, 11 months ago

what is meant by anti money laundering?

Answers

Answered by ams68

2

Anti money laundering refers to a set of laws, regulations, and procedures intended to prevent criminals from disguising illegally obtained funds as legitimate income. Though anti-money-laundering (AML) laws cover a relatively limited range of transactions and criminal behaviors, their implications are far-reaching.

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