Some Reflections on Anti-Money Laundering in China

At present,the crime of money laundering in China has various forms and is harmful to the society. However, the anti-money laundering work in China is far from being perfect.There are still many obstacles such as little awareness of the crime,the unsound law system with regard to the anti-money laundering, the lack of international coordinating mechanism against money laundering,the scarce in experienced professionals and the legging behind of technical ways.Therefore,in order to do a good anti-money laundering job in the future,China should intensify legislation effort against money laundering,establish the social supervision system,strengthen the international cooperation and financial supervision of anti-money laundering,set up high-tech,intelligent anti-money laundering analysis computer system,and train the Chinese anti-money laundering officials and professionals. All these will contribute greatly to the efficient advance of China′s anti-money laundering work.