On The Crime Of Money - Laundering

Money laundering crime is a new type of crime form upper stream crimes. Money laundering usually causes seriously bad results, it helps criminals to evade legal punishments as well as puts a premium to the spawning of new crimes, distorts normal economic and financial orders, damages credibility of financial institutions and corrupts public morality. Faced with ever-raging money laundering, international organizations have responded actively to combate such crime by establishing criminal legislation with respect to anti-money laundering. However, the researches on criminal legislation of anti-money laundering began later in China, there still exist some defectiveness in China's anti-money laundering law.Writer used for reference of the international anti money laundering legislation achievements, then discussed the basic theory and the various views of money laundering crime. Therefore, this article mainly focuses on the money laundering crime's concept, characteristics of crime forming and legislative defects, and also point out the suitable perfection measures on anti-money laundering legislations according to the present problems and situation of money laundering in China.