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- What Does Layering Mean in Money Laundering? | Glossary
What is Layering in Anti-Money Laundering? Many forms of criminal activity generate significant amounts of money To avoid attracting the attention of law enforcement, criminals must find a way to disguise the source of their ill-gotten funds That’s the goal of money laundering, which involves criminals engaging in a series of transactions to conceal the criminal origins of their money
- What is layering in money laundering? - ComplyAdvantage
Layering aids money laundering because it allows criminals to better conceal the illegal fund source and reintroduce it back to the system as legitimate
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