Regulatory Reporting Analyst Interview Questions and Answers

AML stands for Anti-Money Laundering, KYC stands for Know Your Customer. Investment banks provide financial services such as underwriting, mergers and acquisitions, and trading.

• AML is a set of procedures, laws, and regulations designed to prevent the practice of generating income through illegal actions.

• KYC is the process of verifying the identity of customers to prevent fraud, money laundering, and terrorist financing.

• Investment banks offer services such as underwriting secu...read more