Criminal Legislation Improvement of Money Laundering Crime in the Era of Electronic Financialization

Comparison with International Anti-Money Laundering Legislation

DOI

10.2991/assehr.k.211220.077How to use a DOI?

Keywords

Electronic financial era; Money laundering crime; Upstream crimes; Several new ways

Abstract

In today’s electronic financial era, new ways of money laundering crime emerge in endlessly, and the criminal legislation of money laundering crime is facing challenges. There are many money laundering cases in China, but the crime rate of money laundering is low, which reduces the cost of money laundering crime. The Amendment to Criminal Law (XI) improves the crime of money laundering, but it does not involve the expansion of upstream crime of money laundering, nor does it include several representative new Internet money laundering modes into article 191. This article will trace money laundering into the cause of the low crime rate in our country through the analysis of other countries of the legislation of the crime of laundering system, compared with foreign legislation, and puts forward two criminal legislation perfect suggestion: we need to properly expand the scope of seven types of upstream crimes of money laundering crime, and at the same time appropriately add several new ways of money laundering connected with the Internet.

Copyright

© 2021 The Authors. Published by Atlantis Press SARL.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Wang Xiruo
PY  - 2021
DA  - 2021/12/24
TI  - Criminal Legislation Improvement of Money Laundering Crime in the Era of Electronic Financialization
BT  - Proceedings of the 2021 4th International Conference on Humanities Education and Social Sciences (ICHESS 2021)
PB  - Atlantis Press
SP  - 445
EP  - 449
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.211220.077
DO  - 10.2991/assehr.k.211220.077
ID  - Xiruo2021
ER  -