#QuickBiteCompliance Day 9
Today’s focus is on the term “Asset.” Defined as anything owned by an individual or legal entity with monetary value, assets can be categorized into fixed assets like buildings and equipment for long-term use, and current assets such as raw materials, cash, and receivables. Stay informed with #InclusiveRegtech insights.
Source: https://www.acams.org/en/resources/aml-glossary-of-terms
#Asset #Compliance #RegulatoryCompliance