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Why fighting money laundering is vitally important

Why fighting money laundering is vitally important Sumit Kumar Sharma"> By Sumit Kumar Sharma - 26 February 2021 - 07:22 Anti-money laundering (AML) compliance should not merely be a tick-box exercise for financial institutions, as it not only exposes the organisation to the risk of hefty non-compliance penalties and reputational damage, but could also lead to criminal activity going undetected. The estimated amount of money laundered globally in a single year is between 2% and 5% of ...
Sumit Kumar Sharma Comment Policy Anti Money Laundering South Africa In2it Technologies Know Your Customer

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