Current Situation and Countermeasures on Anti-laundering Mechanism in Financial Circle of China

At present the anti-laundering mechanism has been established based on the main contents one regulation and two laws and the main institution of Anti-laundering Bureau of People's Bank of(China,) but some deficiencies can still be found in the legislative structure and contents for combating money laundering crimes and inone regulation and two laws.In addition, there are difficulties in anti-laundering practice and international cooperation.Therefore,the following measures should be taken: accelerating the(legal) construction of anti-laundering,setting up a mechanism on the internal control of financial institution,improving the basic financial work concerning anti-laundering,forming a social-wide anti-laundering(system) connecting to the anti-laundering scheme in the financial institution and reinforcing the international cooperation in combating money-laundering crimes.