Conduct a Risk Assessment: Evaluate the risks your business faces regarding money laundering and develop measures to mitigate these risks. Develop Policies and Procedures: Establish clear AML policies and procedures based on the risk assessment. Perform Customer Due Diligence (CDD): Implement robust CDD measures to verify customer identities and understand their financial behavior. Monitor Transactions: Use advanced technologies for real-time transaction monitoring to detect suspicious activities. Ensure Compliance: Regularly review and update your AML program to ensure ongoing compliance with regulatory requirements. Train Employees: Provide regular training to employees to keep them informed about AML laws and their responsibilities.