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Definition of Money Laundering
Definition of Money Laundering


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Stages of Money Laundering
Money Laundering entails three basic stages:
1. - Situating or Locating the funds in the financial system
2. - Stratification, Diversification or Processing
3. - Integration of illicit capital


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Politically Exposed Persons (PEP’s)
Politically Exposed Persons or PEP’s are individuals who hold or have held important public political offices.

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Common Mechanisms Used by Money Launderers
Common Mechanisms Used by Money Launderers

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Definition of Terrorism
Definitions of Terrorism

a. Common definition
b. Judicial Definition
c. Military Definition

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Financing of Terrorism
Terrorism activities are financed through legitimate and illegitimate means. The actual amounts needed to finance terrorism are relatively small, but finding the sources y that help and support terrorism can be more difficult than most people expect.


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