What is the broader connection to society?

The broader connection to society is that combating money laundering and terrorism financing helps protect the economy, public safety, and trust in financial systems. When illicit money flows freely, it can fuel crime, corruption, and violence, which harm communities and weaken institutions. Stopping these activities promotes a fairer, more transparent economy where businesses and individuals can operate securely.


Additionally, cutting off funding for terrorism reduces the risk of attacks that threaten lives and social stability. Overall, these efforts contribute to a safer society, stronger governance, and economic development by ensuring that financial systems aren’t exploited to support harmful activities.

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