I work in banking. AML is always a fine line. Don’t do your job well, you get hit for enabling laundering. Do your job too well and you kill millions/billions i

I work in banking. AML is always a fine line. Don’t do your job well, you get hit for enabling laundering. Do your job too well and you kill millions/billions in deposits. AML at its core is asking a bank to purposefully reduce their profit. Other than fines and morals, there’s no real incentive for them to give their all, and those don’t seem to bother most of the industry.