The Legal System Of Anti-money Laundering Research In China

Since criminal law was produced, criminal justice policy is mainly being oriented to combat crimes for curbing crimes effectively. Unfortunately, the crime rate is showing a trend of rapid growth from practical statistics though each criminal justice policy has tried its best efforts to reduce this rate or on the purpose of eliminating crimes. Crime of reaping huge profits, crime in a form of organization and crime of corruption become global following the economic globalization. Both the international society and the theoretical researches by all the countries present a great interest in the criminal policy reform, thus a great number of research findings focusing on contain the predicate offences to the center of anti-money laundering appear, which promote the changes of domestic criminal law in all the countries and international criminal law, because traditional measures don’t work any longer. The international society has realized that only through the implementation of the system on anti-money laundering can such kind of crimes be controlled effectively. Base on the study throughout the world, United Nations Convention against Illicit Traffic in Narcotic Drugs and Psychotropic Substances firstly introduced this idea in 1988. United Nations Convention against Transnational Organized Crime adopted by United Nations in 2000 and 2003 respectively did a further enforcement on the criminal policy of anti-money laundering. These three conventions mentioned above reach an agreement in terms of increasing the cost of crimes and cutting off the paths of controlling by interests in order to prevent and control the predicate offences through the system of anti-money laundering. The emphasis of the researches of the occident is to reveal the connection between the activities of money laundering and drug trafficking, smuggling, terrorism, corruption, tax evasion, also other serious crimes, furthermore, to detail the respects of political stability, social stability, economic security and the security of the international political and economic system.Our country enacted People’s Republic of China Anti-Money Laundering Law in 2006, as a member of FATF. However, the relevant research of our country still considers the vital task for anti-money laundering is to punish crimes, so that the research is limited in the field of analysis of component and punishment of money laundering. To some extent, the study on anti-money laundering as a criminal policy is almost blank, not to hope for the research results on the analysis of the cause of money laundering from a macro perspective, the meaning in the area of economics and the value of criminal policies.From the respective of thinking logics, the means of control and prevent other serious international crimes by controlling and eliminating crimes of money laundering is a thorough strategy. If a significant worldwide success on anti-money laundering can be achieved, controlling of the international crimes mainly of drug trafficking, human smuggling and restriction of rampant activities committed by transnational organized criminal groups and ubiquitous international terrorism are possible. This is not only the reason why the international society pays much attention to the international cooperation in anti-money laundering, but also the impetus for this paper.