On The Institution Establishment Of Anti-Cyber Laundering

Recently, With the combination of traditional money laundering and network technology, there has appeared a new style of money laundering by utilizing electronic bank, electronic money, online gambling and internet sales.New technologies in the internet age provide a new opportunity to money laundering, and also make the approach of money laundering more diverse, convert, professional and complex. More rampant crime-Cyber Laundering enhance the difficulty of anti-money laundering in the world. In this regard, due to the technology of network, money laundering crime improves the intelligence and technology; because of the non-boundary character of network; money laundering crime intensifies internatiol trend; asa result of the virtuality of network, money laundering crime becomes more secretly;on account of instantaneity of network, money laundering crime operates more conveniently.Under this severe circumstance, our government should make progress in our national standard of legislation and establish rational institution as well as effective anti-money laundering system to protect the interests of our country and citizens from Cyber Laundering.This essay can be divided into three parts: the first parts describe about the beginning of study on Cyber Laundering, including concept definition, manifestation and research status of Cyber Laundering; the second part discusses international rules of Cyber Laundering, including institution monitoring and system establishing reflecting in “Convention on Cybercrime”, regulation of special work group in the financial industry and Basel papers; the third part expounds Anti-Cyber Laundering system in China and present executive strategy of Anti-Cyber Laundering from aspects of completing anti-money laundering penal regime as well as civil system and enhancing international cooperation.