What are considered 'red flags' in money laundering?

'Red flags' in money laundering are considered warning signs of suspicious or potentially illegal activity. These indicators may suggest that a transaction or a client’s behavior is out of the ordinary. For example, if a client is making unusually large transactions that don’t seem to connect with their profile or financial history, this may raise suspicions. Recognizing these red flags is crucial for financial institutions and professionals to prevent and detect money laundering activities.

In the context of money laundering, the other options do not accurately reflect the purpose of red flags. Indicators of customer interest may simply show that a potential client is engaged, but they do not necessarily suggest anything suspicious. Symbols denoting legitimate transactions imply approval or legality rather than potential illegality. Criteria for customer satisfaction focus on the quality of service rather than on identifying illicit activities. Understanding what constitutes a red flag is essential for compliance and safeguarding the financial system from criminal misuse.