Which of the following is NOT a responsibility of the regulated professionals under money laundering laws?

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The option that is not a responsibility of regulated professionals under money laundering laws is creating financial forecasts. Money laundering regulations focus on activities designed to prevent and detect illicit financial activities, which involve the responsible monitoring and reporting of transactions and suspicious behavior. Regulated professionals, such as accountants and financial institutions, have specific obligations to report any suspicious activities to authorities, maintain comprehensive records of transactions and decisions made in the context of compliance, and conduct training to ensure their staff understand and adhere to these regulations.

Creating financial forecasts, while important in financial planning and analysis, does not relate to the core responsibilities set out by money laundering laws. This task focuses more on projecting future financial performance and does not contribute to compliance with regulations aimed at preventing money laundering. Therefore, it falls outside the established requirements that regulated professionals need to abide by under these laws.

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