AML compliance is the process involving background screening and allowing ongoing monitoring of the customers to remove all the aspects of all the money laundering. Anti-money laundry compliance checks help to safe onboarding of the clients. The customer gets screened through several checklists of PEPs, and sanctions. AML screening is a part of the KYC process and is require several industries like banks, fintech industries, art, real estate and precious metal dealers and gaming platforms and cryptocurrency. Read further to understand the anti-money laundry compliance checks and how money laundering can be prevented by reaching out to the experts at Wallex Trust.