What Is DNFBP Meaning and Why Is It Crucial for Money Laundering Prevention?
The financial system is a threat because money laundering presents major security challenges. Global financial regulators have set up monitoring systems to find and stop criminal activities. The identification of DNFBP (Designated Non-Financial Businesses and Professions) stands as a key idea that helps in battling financial crimes. Learning about DNFBP fundamentals and its anti-money laundering…