which of the following terms it is used to describe the process of sending money through multiple financial…

which of the following terms it is used to describe the process of sending money through multiple financial institutions to make its original source difficult to track?\nplacement\ncamouflage\nlayering\nintegration\nquestion 4 (1 point)\nwhat is the basis for the standards on which most developed countries money - laundering laws are based?\neuropean union directives\nfatf recommendations\nanti - money - laundering and terrorism financing code 2013\nunited nations resolutions

which of the following terms it is used to describe the process of sending money through multiple financial institutions to make its original source difficult to track?\nplacement\ncamouflage\nlayering\nintegration\nquestion 4 (1 point)\nwhat is the basis for the standards on which most developed countries money - laundering laws are based?\neuropean union directives\nfatf recommendations\nanti - money - laundering and terrorism financing code 2013\nunited nations resolutions

Answer

Brief Explanations:

Money - laundering has three stages. Layering is the process of sending money through multiple financial institutions to obscure its origin. FATF (Financial Action Task Force) Recommendations are widely - used as a basis for money - laundering laws in developed countries.

Answer:

First question: C. layering Second question: B. FATF Recommendations