Money LaunderingNewsMoney laundering and the risk-based approach for builders and real estate agents
June 29, 2021
According to the Real Academia de la Lengua Española or RAE (Royal Academy of the Spanish Language), “risk” is the contingency or proximity of damage. It could also be defined as a measure of the magnitude of damage in a given situation. In the area of Prevention of Money Laundering and Terrorist Financing (PLAFT), risk...