Money laundering occurs on a regular basis through nefarious means. Unfortunately, most people don’t think about laundering and how it happens. Even innocuous transactions could involve the laundering of money in an illegal manner. Businesses and employees in various industries need to be vigilant about these issues. Without a doubt, proper anti money laundering training is required for commercial entities. Everyone in a given business needs this training today.
Such training protects businesses from supporting laundering. Likewise, training protects them from breaking the law in an unintentional manner. The best anti-money laundering training comes from a reputable source. Various companies provide this training. Either way, a thorough and comprehensive training regimen is required for the best results. Follow up training every year or two is always recommended as well. Some industries might require continuing education as a mandatory, ongoing process.