# AML

> Checks that stop a business being used to move illicit money — sanctions and watch-list screening, source-of-funds questions, transaction monitoring.

**Source:** https://proptechpal.com/glossary/aml  
**Generated:** 2026-09-24  
**Publisher:** Prop Tech Pal — independent prop firm technology comparison

_Disclosure grades measure what a vendor publishes, never product quality. A vendor publishing a weak SLA scores better than one publishing none._

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Also called: anti-money laundering

## Why it matters

Usually bundled with KYC by the same provider. What a prop firm is obliged to do depends on its jurisdiction and structure, which is a legal question rather than a software one.

## Where it applies

- [Prop firm KYC and compliance software](https://proptechpal.com/categories/kyc-compliance)

[The full glossary](https://proptechpal.com/glossary)