Anti-Money Laundering (AML) in international trade is crucial for keeping the global financial system safe and trustworthy. AML measures help stop criminals from making illegal money look legal. These steps are vital for businesses, banks, and governments to work together and ensure a fair and transparent trading environment. This article dives into key AML concepts, regulations, and best practices to help businesses stay compliant and protect themselves from financial crimes.
 
Key Takeaways
 
AML measures are essential to prevent criminals from disguising illegal money as legitimate funds.
International bodies like the FATF set global standards for AML practices to ensure consistency and effectiveness.
 
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