Cryptocurrency Q&A What is the red flag in AML?

What is the red flag in AML?

BusanBeautyBloomingStar BusanBeautyBloomingStar Tue Sep 17 2024 | 5 answers 1341
Can you please explain to me what exactly constitutes a red flag in the context of Anti-Money Laundering (AML)? I'm curious to understand the key indicators or warning signs that financial institutions and regulators typically look out for to identify and prevent money laundering activities. Additionally, I'm interested in knowing how these red flags might differ depending on the type of transaction or the jurisdiction in which they occur. What is the red flag in AML?

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