Question: Question 2 ( 3 0 MARKS ) Trade Based Money Laundering a ) What is trade based money laundering and to what extent is it

Question 2(30 MARKS)
Trade Based Money Laundering
a) What is trade based money laundering and to what extent is it a challenge in The Bahamas?
b) What are the techniques used to facilitate trade-based money laundering? Provide practical
examples of the risk indicators.
c) What controls are necessary to mitigate trade-based money laundering?

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