GLO_CWM_LVL_1 practice question 32 of 35
Indicate whether the following statement is True or False. Money launderers often use professional intermediaries to layer their illegal funds. These…
Choose your answer, then check it against the explanation.
Indicate whether the following statement is True or False.
Money launderers often use professional intermediaries to layer their illegal funds. These
professional intermediaries include lawyers, company formation agents, accountants and other
professionals working in non-financial institutions. A banker is not generally regarded as a
professional intermediary because he works in a financial institution.
Question 32 of 35
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