AML Solution: Why Is It Essential and How Does It Combat Financial Crimes?
Rising money laundering and financial scams necessitate anti-money laundering (AML) compliance. The crucial element of an AML solution is screening. It is the process of screening clients, counterparties, and prospects against politically exposed persons (PEPs), watchlists, and sanction lists. Furthermore, this ensures that firms typically don’t get involved in financial crimes that facilitate money laundering. … Read more →