Operational risk management

Easily identify, measure, control and monitor the operational risks of your organization→


security risks

Ensures the confidentiality, integrity and availability of your information assets →



Keep track of all regulations and regulations that your organization must comply with →


Anti-Money Laundering

Easily identify, establish controls, and monitor AML risks→



Improve your internal audit processes, support regulatory compliance, and generate value for your organization through continuous improvement →

What will you learn? Learn with our experts about critical topics on Risk Management that will be useful in your daily work.

Piraní Academy

Stages of money laundering

written by Juan Pablo Calle, On August 26, 2020


Money laundering is characterized by the placement, concealment and integration of illicit resources. Knowing what it consists of is important in risk management.

An adequate system for the prevention of money laundering and terrorism financing must be aware of the stages through which criminals conceal the origin of resources. This simplifies the process to identify suspicious transactions.

In order to conceal their ties to illegitimate earnings and evade the legal consequences involved, criminals conceal the nature of resources coming from criminal activities (trafficking, fraud, terrorism, corruption, arms smuggling, public misappropriation, etc.).

To do so, they use a complex process by which they move funds through the economic system. The infograph below shows how it works and the different stages of money laundering. It also shows the four main methods used.


Money Laundering and Terrorism Financing Prevention Manual

Try Pirani For FREE NOW
Download a free Excel Risk Matrix Template
Free e-book Prevention & Correction of Human Error For Risk Management

Leave us your comments