AML (Anti-Money Laundering) and KYC (Know Your Customer) are crucial regulatory standards in the financial industry to prevent illegal activities such as money laundering and fraud. Miguel Contreras, as an AML/KYC professional, is responsible for ensuring that the organization's operations are compliant with these regulations. This involves conducting customer due diligence, monitoring transactions, reporting suspicious activities, and maintaining up-to-date knowledge of AML/KYC laws and regulations. His role is crucial in protecting the organization's reputation, maintaining customer trust, and avoiding potential fines and penalties from regulatory bodies.More...