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Glossary

Money Laundering Reporting Officer (MLRO)

What is Money Laundering Reporting Officer (MLRO)?

A Money Laundering Reporting Officer (MLRO) is a compliance professional responsible for overseeing AML controls within an organization. The MLRO receives, reviews, and reports suspicious activity reports (SARs) to relevant authorities. They also ensure AML policies, training, and monitoring systems are effectively implemented to prevent financial crime and regulatory breaches.

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