Tips on how companies can prevent money laundering
Besides fulfilling national anti-money laundering laws companies can take some further steps to fight money-laundering within their own ranks:
- Foster a culture of anti-money laundering and compliance by establishing an official AML policy that indicates appropriate and inappropriate procedures in your company.
- Organise regular training sessions to teach your employees about identifying money laundering situations.
- Implement internal whistleblowing channels that allow their employees to report irregularities in a confidential way.