Question: Question 7 (12 marks). Dicuss the risks arising from money laundering that the banking system is exposed to. Suggest the components of an appropriate risk

 Question 7 (12 marks). Dicuss the risks arising from money laundering

Question 7 (12 marks). Dicuss the risks arising from money laundering that the banking system is exposed to. Suggest the components of an appropriate risk management framework and explain how the risk management framework handles these risks

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