This article has been translated from English to Gen Z Slang.

Anti-Money Laundering (AML) is basically the financial world's way of saying, "Ain't nobody got time for sneaky biz!" 😎 It's all about having a whole bunch of rules, laws, and vibes to make sure the money's clean and legit, fam. 💼

So, if you're an institution letting peeps open trading accounts, you gotta do your homework, a.k.a. complete due-diligence procedures, to make sure you're not accidentally playing #BestiesWithBadGuys 🤷‍♂️. The big brain move here is that the institutions gotta handle these checks, not the bad dudes or the gov. Responsibility be slayin'! 😜