AML Compliance Analyst Interview Questions and Answers

Anti-money laundering (AML) refers to a set of laws, regulations, and procedures designed to prevent criminals from disguising illegally obtained funds as legitimate income.

• AML involves detecting and reporting suspicious activities that could be related to money laundering or terrorist financing.

• Financial institutions are required to have AML programs in place to comply with regulations and prevent money laundering.

• Examples of AML measures include customer due diligence, tran...read more