Problems of Criminal-Law Counteraction to the Legalization (Laundering) of Proceeds from Crime

Abstract

The research is relevant because laundering of proceeds from crime is a threat both at the national and the global levels. The use of criminal proceeds in the economy leads to de-stabilization and disruption of the state economic and political systems. This type of criminal income has become the material basis that organized transnational crime uses to finance terrorism and bribe officials. Quickly developing technologies, widening financial flows of civil legal and financial deals lead to new infringements on the international financial safety. This is caused by the fact that new valuable property increases the risk of infringements on it. Taking into account the international scale, criminal law protection should first of all cover the objects infringement upon which consists in the legalization (laundering) of criminal proceeds. The Russian Federation was internationally recognized when it acquired the status of a country with a market economy and an investment credit rating. Its modern methods of public administration and the mechanisms of strategic planning correspond to the national and international standards. However, Russian social and economic conditions are difficult, they require an active development and improvement in all the priority areas and, primarily, the spheres of crime counteraction and national security. The results obtained by the authors could be used in the lawmaking practice to improve Russian criminal legislation in view of the existing theoretical research and the law enforcement experience.