The Money Laundering Reporting Officer (MLRO) is a designated individual within a financial institution responsible for overseeing the institution’s anti-money laundering (AML) and counter-terrorism financing (CTF) efforts. The MLRO plays a critical role in ensuring compliance with AML regulations, reporting suspicious transactions to relevant authorities, and implementing AML policies and procedures. The MLRO is a key figure in an institution’s efforts to prevent money laundering.