Money nowadays has become the root cause of many evils such as corruption, smuggling, black marketing etc. When a large amount of money generated from an illegal activity is made to appear from a legitimate source, it is called money laundering. Money laundering not only affects the economy but also the society and political stability of the county. Hence, such activity must be curbed with an iron hand. And that’s why terms anti-money laundering and combating financing of terrorism came about.
Watch this course to have an in-depth knowledge of AML and CFT.Course Duration - 60 minutes