AML Knowledge

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Across
  1. 1. The three stages of money laundering are BLANK, layering, and integration.
  2. 4. mule A WHAT is a person or entity that facilitates money laundering.
  3. 7. AML compliance officers play a crucial role in ensuring that organizations follow BLANK regulations.
  4. 10. The "Know Your Customer" (KYC) process helps financial institutions verify the BLANK of their clients.
  5. 11. AML training and awareness programs help employees recognize and report BLANK activities.
  6. 12. (SARs) are filed by financial institutions when they detect BLANK of transactions.
  7. 13. AML stands for BLANK
Down
  1. 2. The process of making illegally obtained funds appear legitimate is called BLANK
  2. 3. The "red flags" for potential money laundering include large cash deposits, frequent BLANK, and inconsistent transactions.
  3. 5. is an international organization that sets AML standards.
  4. 6. AML software and tools use BLANK to detect unusual patterns and potential money laundering.
  5. 8. The risk-based approach in AML focuses on assessing risk and allocating resources BLANK.
  6. 9. The USA PATRIOT Act enhanced AML efforts in the United States by requiring BLANK verification.