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What are the 3 stages of AML with examples?

- Placement. Money laundering begins by moving the criminal proceeds into a legitimate source of income. ... - Layering. Once the money has been put in place, the second stage is called layering or structuring. ... - Integration.

What are the 3 stages of anti money laundering?

- Placement. - Layering. - Integration / Extraction.

What are the AML stages?

Money laundering typically includes three stages: placement, layering and integration stage.6 ago 2020

What is an AML process?

Anti-Money Laundering (AML) is a set of policies, procedures, and technologies that prevents money laundering. There are three major steps in money laundering (placement, layering, and integration), and various controls are put in place to monitor suspicious activity that could be involved in money laundering.