How does AML relate to broader Financial Crime Risk Management (FCRM) in insurance?

• A. AML is not part of FCRM; it deals with data privacy only
• B. AML is a core part of FCRM and intersects with fraud, sanctions, bribery, and corruption; integrated risk management improves detection
• C. AML is a separate discipline from FCRM and only concerns sanctions
• D. AML is only about credit risk scoring

Answer: (C)