Which of the following is considered an anti-money laundering red flag?

An extreme desire for secrecy about personal assets is indeed considered an anti-money laundering red flag. This behavior may indicate a potential attempt to hide illicit funds or conceal the true source of wealth. When individuals are overly secretive about their financial matters, particularly in transactions involving significant amounts of money, it raises suspicions that they may be trying to evade detection from authorities.

In the context of anti-money laundering measures, transparency in financial dealings is crucial. Legitimate buyers typically have no reason to keep their financial information secret, especially when engaging in significant transactions like purchasing property. Therefore, this eagerness for secrecy can prompt further scrutiny and investigation into the source of funds and the overall legitimacy of the transaction.

In contrast, discrepancies in identity that are explained are not inherently suspicious if there are reasonable justifications for them. Money received from a relative for a home purchase is a common and generally acceptable practice that does not raise red flags by itself, as family support in financial matters is typical. Similarly, stable income from a documented job indicates reliable financial behavior and is viewed positively in the context of financial assessments, especially when applying for loans or mortgages.