Which of the following entities is NOT considered a relevant person subject to money laundering regulations?

The correct response identifies stock traders as entities that are typically not classified as relevant persons under money laundering regulations. Money laundering laws are designed to combat financial crime and typically focus on industries and professions that are more directly involved in financial transactions and the handling of client funds.

Accountants, estate agents, and legal professionals all engage in services that can facilitate the movement of money and may have access to large sums involved in real estate transactions, business transactions, or legal settlements. Their roles involve significant financial management or the handling of client funds, making them crucial players in the fight against money laundering. They are generally subject to various compliance obligations, including due diligence measures designed to detect and prevent money laundering activities.

In contrast, while stock traders participate in financial markets, they primarily act as intermediaries rather than as entities that typically manage client funds directly. Their activities are more regulated by securities laws and exchanges rather than specific anti-money laundering frameworks, which is why they may not meet the criteria of relevant persons subject to these regulations, as defined by specific jurisdictions' laws.