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Question 2(30 MARKS) Trade Based Money Laundering a) What is trade based money...

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Accounting

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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