Crime Of Money Laundering Legislation Is Perfect

The money laundering is such a crime in which the illegal profit is turned into legal income through plausible legal activities and procedures. As a charge, the money laundering refers to all the criminal activities that concealing illegal income. Because of historical reasons, "the Criminal Law of the People's Republic of China "(1979) didn't regulated such a crime. In light of the demand to struggle with money laundering, "The Criminal Law of the People's Republic of China "(1997)regulated the money laundering in the first time. The concept, the attribute, the upstream aspect and the method of money laundering in our criminal law code have their own traits. Of course, the statutes of anti-money laundering in the criminal law code(1997)also enbody the trend and characteristic in the world. As a international crime, since the 1980's, the money laundering became more and more serious throughout the world, and resulting in great harm to the society. Many countries have legislated and performed laws firmly. Compared to western developed countries legislation, the acts of anti-money laundering have some flaws, we should study the successful experience of anti-money laundering legislation of other countries. In order to efficiently control the money laundering, we must strengthen the legislation, establish the unified anti-money laundering system, supervise the financialdepartment strictly and collaborate with the international organizations.