Economics · Financial Crimes
What is the primary objective of anti-money laundering measures?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To promote private and public ownership
- 2To prevent the conversion of illegal money into legal-looking money✓
- 3To increase central bank reserves
- 4To increase national income
Correct answer
To prevent the conversion of illegal money into legal-looking money
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