Demystifying AML, One Term at a Time
Your go-to resource for understanding Anti-Money Laundering (AML) concepts.
Comprehensive AML Terms
Explore detailed explanations of every term, acronym, and concept in the AML world.
KYC (Know Your Customer)
The process of verifying the identity of a client to ensure compliance with AML regulations.
SAR (Suspicious Activity Report)
A document that financial institutions file to report suspicious or potentially criminal activities.
PEP (Politically Exposed Person)
An individual with a prominent public position, posing a higher risk for corruption or money laundering.