AML (Anti-Money Laundering)

AML (Anti-Money Laundering) is a financial and legal term used to refer to special governmental regulations to combat illegal money laundering schemes on security and equity markets.

Anti-Money Laundering provisions are a set of laws, regulations, procedures and legal mechanisms that are to be complied with by any institution, organization or company.

EU passed a number of security and equity token legislations with the aim to prevent illegal and fraudulent money-laundering schemes in member states.