Morgan Stanley is facing scrutiny over its anti-money laundering (AML) practices within its wealth management division. A recent Wall Street Journal investigation revealed that 24% of the bank's international wealth-management accounts, totaling 46,572 accounts, were classified as 'High/High+' risk for money laundering. Internal documents indicated significant issues, including backlogs in due-diligence reviews, missed red flags, and inadequate technology. Employees expressed concerns about the bank's lax controls, with one document citing alarmed staff stating, 'We need to kill this.' Additionally, the firm has been criticized for employing staff who lacked the necessary language skills to assess client risks adequately, relying instead on translation tools like Google Translate. These revelations come as Morgan Stanley seeks to expand its international wealth management business, raising questions about its commitment to compliance and customer due diligence.