Anti-Money Laundering · glossary
A fact that should make you look closer, such as a new company or a client in a hurry. It is not proof of a crime. One flag alone may not matter much, but several together usually do. Client and Matter Risk Assessment, paragraph 3 · Chapter 1 · see Suspicion
Explained in Chapter 1, What Anti-Money Laundering Means in a Law Firm, of Anti-Money Laundering.
What makes a matter high risk? A red flag is a fact that should make you look closer. It is not proof of a crime.Read Chapter 1, What Anti-Money Laundering Means in a Law Firm →
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