The three stages of anti-money laundering (AML) are
1) Customer Due Diligence (CDD), which involves verifying customer identities and assessing their risk profiles
2) Suspicious Transaction Monitoring (STM), where transactions are monitored to detect and report suspicious activities
3) Reporting, which involves reporting suspicious transactions to relevant authorities for further investigation
To know more, check out our blog – Anatomy of money laundering – Three stages of money laundering
