Anti-Money Laundering by Restricting Financial Transactions

Yuri Truntsevsky, Stanislav Dolganov

2021

Abstract

The goal of this research is to study the methods of money laundering with the development of science-based measures to identify committed and prevent planned unlawful acts by competent units of law enforcement authorities performing operational-search activities. To achieve this goal, the following research methods were used: analysis, abstraction, description, comparison, generalization, inquest, dialectics. Analysis of the current situation shows that, despite the awareness of the money laundering problem at the global level and a significant improvement in the legal framework, the number of annually registered crimes in this category does not decrease. The research of methods of money laundering and the determination of their features, made it possible to determine the directions for improving the system of measures for detecting and preventing crimes, as well as to develop recommendations for the inclusion in the current legislation of legal norms aimed at temporarily limiting (prohibiting) transactions with monetary funds and other assets. The practical significance of the research lies in the fact that the proposals presented in the article can contribute to the development of an effective mechanism for combating money laundering.

Paper Citation

in Harvard Style

Truntsevsky Y. and Dolganov S. (2021). Anti-Money Laundering by Restricting Financial Transactions. In Proceedings of the VII International Scientific-Practical Conference “Criminal Law and Operative Search Activities: Problems of Legislation, Science and Practice” - Volume 1: CLOSA, ISBN 978-989-758-532-6, pages 5-9. DOI: 10.5220/0010625100003152

in Bibtex Style

@conference{closa21,
author={Yuri Truntsevsky and Stanislav Dolganov},
title={Anti-Money Laundering by Restricting Financial Transactions},
booktitle={Proceedings of the VII International Scientific-Practical Conference “Criminal Law and Operative Search Activities: Problems of Legislation, Science and Practice” - Volume 1: CLOSA,},
year={2021},
pages={5-9},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010625100003152},
isbn={978-989-758-532-6},
}

in EndNote Style

TY - CONF

JO - Proceedings of the VII International Scientific-Practical Conference “Criminal Law and Operative Search Activities: Problems of Legislation, Science and Practice” - Volume 1: CLOSA,
TI - Anti-Money Laundering by Restricting Financial Transactions
SN - 978-989-758-532-6
AU - Truntsevsky Y.
AU - Dolganov S.
PY - 2021
SP - 5
EP - 9
DO - 10.5220/0010625100003152