adspace


What are the common factors of 'money laundering'?

Answer Posted / Jairam Paswan

Money laundering involves three stages: placement, layering, and integration. In placement, the illegal money is introduced into the financial system. Layering involves a series of complex transactions to disguise the original source of funds. Integration is the final stage where 'cleaned' funds are re-entered back into the economy.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Define Naked Debentures?

1299


What do you know about the recent satellite launch?

1184


Recently what award has been given to SBI?

1250


What would you personally invest in?

1136


What kind of lifestyle do you expect to have in banking?

1508


Dear, any body give me MIS repor - excel sheet format for share trading purpose.

2258


How do you handle criticisms?

1161


Name Any One Major Difference Between the Public Company and Private Company?

1151


what should be the recommendation of taxation in private company?

2081


Where is the market (for bonds/equities/FX) going?

1246


How YOU prepared for interview?

1159


How many bank exams(or)interviews have you attended so far?

1268


Who are our major competitors and what differences do you notice in our Banking products?

1355


can anyone help with interview questions for the position of bank operations officer? my e-mail is ysecurites@yahoo.com

2298


Describe your involvement in re-engineering down-sizing or cost containment processes?

1294