Download Layering Money Laundering Definition Images. Dec 29, 2020 money laundering layering is the process of covering the illegal channels so it would not fall under detection. A money launderer (or the criminal themselves) engages in a series of transactions to create layers between the illegal source of the cash they control.
presentation of Money laundering from image.slidesharecdn.com What are the objectives for laundering money? It is a key operation of the underground economy. And finally, acquiring wealth generated from the transactions of the illicit funds (integration).
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In this stage, the money are layered in the legal financial system so they are not traced back to the source of the money. What is the exact meaning of money laundering? The first involves introducing cash into the financial system by some means (placement); What does layering mean in banking?
