AML (Anti-Money Laundering) is a universally accepted phrase for fighting and preventing money-related financial crimes. The Anti-Money Laundering (AML) process consists of regulations, laws, and policies for limiting and combating money laundering activities and crimes.
As part of an organization’s holistic approach to preventing money laundering, AML training is an important step in motivating employees to stay vigilant, to report potential misconduct and understand their role in creating and maintaining a culture of compliance. Anti-Money Laundering (AML) includes policies, laws, and regulations to prevent criminals’ financial crimes and illegal activity. Global and local regulators are established worldwide to prevent financial crimes and criminal activities, and these regulators build policies.
