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Money laundering involves a number of phases in the overall process. Which two of the following are not recognised as phases in the money laundering process?
1. placement 2. rectification 3. distribution 4. integrationA. 4 and 1 B. 2 and 3 C. 3 and 4 D. 1 and 2
My answer was B. 2 and 3 but in opentuition correct answer is A. 4 and 1
According to the book the money laundering process usually involves three phases:
Placement, Layering and Integration.
In question which two are not recognised as phases of money laundering process, so answer must be B. 2 and 3 ie rectification and distribution
If I’m wrong please correct me.Hi, no Christina, if you have correctly written the question and you haven’t accidentally introduced the negative, then you are correct – rectification and distribution are not part of the process of money laundering
Sorry for that error 🙁
I haven’t made any mistake regarding the question. I’m 100% sure. Thank you
CAN’T we attach a picture in the post???????
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