Money laundering is a big problem where people hide where their illegal money comes from. It’s a danger to financial systems all over the world. In today’s connected global economy, money laundering doesn’t just affect individual businesses—it messes with the whole economy. To fight this, it’s really important to have Anti Money Laundering (AML) measures in place. These measures help protect both banks and the economy as a whole. This article talks about how AML works to keep financial institutions safe and stop illegal money activities from hurting the economy.
