Research Problems And Countermeasures Of Auti-money Laundering In China's Financial Industry

Money laundering is a behavior of using financial institutions to legalize the illegal income. This method is adopted by criminals to avoid regulation punishment. Due to the reasons that it may reduce our national financial income and threaten our country's safety, efforts must be put in to avoid and eliminate this illegal activity. This paper briefly interprets the characteristics and harmfulness of laundering. Then , anti-money laundering is an urgent task to do in China. The Criminal Law of our country provides clearly that money laundering is illegal. Anti-money laundering is an action for anti-criminal and anti-illegal activities through international level.In China, the crime of money laundering is becoming more rampant with the development of economic globalization, the criminals change the way of money laundering continuously. But financial institutions play a critical role in this process; therefore, these mechanisms are the key segments to stop this behavior. However, there are still such problems in anti-money laundering as Not extensive proceeding publicity, being absent of overall planning legal system ,being lack of The suspicious bargain pays of the standard misty. Therefore, find problems and research countermeasures of Auti-money Laundering in China's Financial industry can benefit to develop financial industry and make anti-money laundering develop smoothly.