language-icon Old Web
English
Sign In

Money laundering

Money laundering is the illegal process of concealing the origins of money obtained illegally by passing it through a complex sequence of banking transfers or commercial transactions. The overall scheme of this process returns the money to the launderer in an obscure and indirect way.

[ "Finance", "Financial system", "Economic policy", "Law", "Suspicious activity report", "Know your customer", "Bank Secrecy Act", "Terrorism financing", "Hawala" ]
Parent Topic
Child Topic
    No Parent Topic