Study On Internet Money Laundering Risk And Its Prevention

Although Internet finance is a new thing in our country,the speed of development in recent years is very alarming.Especially after the launch of new Internet payment methods such as Alipay in 2013,the development of Internet finance has reached a peak.At present,Internet finance has become the focus of competition in all walks of life in our country.Every major enterprise has introduced internet financial products or Internet financial services to grab market share and increase profits.Moreover,due to the numerous advantages of Internet finance,it has also become more and more popular and popular among the general public and has become an indispensable part of people's daily life.However,Internet finance is a double-edged sword.While we are concerned about its merits,we can not ignore the hidden dangers behind it,such as technical risks and legal risks.Unlike the traditional finance,Internet finance is inherently hidden,fast,space-time and time-consuming.However,it has gradually become the high-risk area for money laundering criminals to clean up illegal funds.And along with China's crackdown on money laundering in the traditional mode,the regulatory loopholes in internet finance have allowed money laundering criminals to take advantage of the money laundering activities and carry out more rampant money laundering activities.In recent years,there have been many cases of Internet money laundering in our country,which is enough to prove that criminals have begun to shift the money laundering activities from the traditional way to Internet finance.Most of the risks of Internet money laundering are originated from operational risk,which leads to other risks such as legal risk and reputation risk as incentives.Compared with the traditional money laundering risk,it is more harmful and risks are more likely to occur.There are many kinds of money laundering models in Internet finance,but the main choice of using three models of third-party payment system,prepaid card and virtual money laundering is mainly because these three models are a kind of traditional payment methods Innovation,more research value.By analyzing and summarizing the risks of using Internet financial money laundering in three different modes,we can find that the use of Internet financial money laundering risk is more difficult to be tracked and identified.Money laundering criminals often use the "zero"approach to evade regulation.Under this new model of Internet money laundering,government departments and relevant Internet agencies can not carry out effective regulatory activities to prevent the risk of money laundering using Internet finance.The risk of money laundering using Internet finance will ultimately endanger the financial stability and distort our country The existing economic structure in our country has caused the imbalance in development across the country and will also encourage the arrogance of the upstream criminals and will not be conducive to the sustainable development of our macroeconomy and society.After years of development,the United States and Britain already have a relatively complete supervisory system in preventing the risk of using the Internet to launder their money.The division of labor and responsibilities among regulatory agencies are clearer and laws and regulations are relatively sound.However,China still has some internal shortcomings such as the lack of system,the unclear supervisory responsibilities,the lack of supervision and other external defects,the lack of regulatory motivation,the shortage of professionals and the vulnerability of Internet finance on the issue of preventing the use of the money-laundering risks of the Internet.On the basis of using foreign experience for reference,this paper puts forward some suggestions on how to further prevent China from using the risk of Internet money laundering:building a legal system to prevent money laundering risk in the Internet,promoting the supervision system of Internet money laundering risk prevention and improving the risk of Internet money laundering Preventing technical means,establishing a good concept of prevention of money laundering risk on the Internet and strengthening international cooperation in preventing the risk of money laundering on the Internet.