In 2020, Cambodia published the New Law on Anti-Money Laundering and Combating the Financing of Terrorism (AML / CFT Law 2020).
Money laundering risks can also pose risks to Islamic financial institutions, like traditional banking institutions
Criminals have used especially high prices such as gold in international money laundering since old times.
Regulated Banks VS Bitcoin and Crypto — For Financial Crime Risk
Identity Verification is to prove that the identity of the person they claim to have is matched with their truth.
Money laundering process involves three stages as follows; Placement, Layering, Integration.
In companies, there is some follow-up due to diligence methods applied to prevent money laundering crimes.