CIMA BA4 · Chapter 4 · Question 3 of 10
Which is the correct order of the three stages of money laundering?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: A) Placement, layering, integration
Explanation
Placement introduces criminal cash into the financial system, layering disguises its origin through complex transactions, and integration returns the funds to the economy as apparently legitimate wealth. The order matters: funds must be placed before they can be layered and finally integrated.
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