15 years: Risk & compliance
Various jurisdictions impose differing rules as to who is affected by money laundering, and who is required to put in place measures to manage this risk. In this video, Iain explains what Anti-Money Laundering is, what regulations are in place, and how these requirements differ across regions.
Various jurisdictions impose differing rules as to who is affected by money laundering, and who is required to put in place measures to manage this risk. In this video, Iain explains what Anti-Money Laundering is, what regulations are in place, and how these requirements differ across regions.
3 mins 1 sec
Anti-money laundering regulation essentially involves firms and other organisations having to identify and prevent handling money and other property derived from criminal activity.
Key learning objectives:
Define Anti-money laundering
Identify AML regulation, and the broader more general ruling today for regulated firms and regions
Explain the penalties if the guidelines are not followed