Approaches and Mechanisms for Dealing with Digital Money Laundering in International Standards
Document Type : Original Article
Authors
1
Associate Professor of Criminal Law and Criminology, Faculty of Administrative Sciences and Economics, Arak University, Arak, Iran.
2
Assistant Professor of Economic Sciences, Faculty of Administrative Sciences and Economics, Arak University, Arak, Iran
Abstract
While technological advances such as the Internet and social media have improved human life in many ways, they have also created an environment in which digital criminals can thrive. The Internet not only allows these criminals to commit digital crimes such as digital money laundering, but also provides them with the possibility of erasing the proceeds of crime. In fact, money laundering is the processing of criminal proceeds to hide their illegal origin. Solutions to address the shortcomings of anti-money laundering mechanisms, along with suggestions on how to implement educational and supervisory approaches between two or more countries to strengthen the fight against digital money laundering can be provided. Therefore, the future of confronting and effectively prosecuting perpetrators of financial crimes is in the hands of countries that have international powers and significant legal capacities. Of course, these countries can promote substantial anti-money laundering standards and serve as an effective model for countries with weaker governance structures to emulate. Therefore, in order to purify their illegal income, money launderers need people or agents to facilitate this for them. However, in order to deal with such phenomena in the digital space as much as possible, while increasing the level of public awareness about digital money laundering, using new technologies such as artificial intelligence against cyber-laundering, the ratio of increasing the accurate mechanism of customer authentication and strengthening this in cooperation with the private sector He worked hard.
Keywords
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