Money laundering in international treaties

Abstract

The money laundering prevention regime is made up of a set of legal provisions of different nature, the classification of the crime, financial entities, vulnerable activities, typologies for laundering money, the competent authorities, their relative powers and attributions. to mitigate and combat this crime, among others, all originated by a set of international instruments signed by the States Parties, whose signatory jurisdictions are obliged to comply with and implement them in accordance with their domestic law, subject to the respective evaluation processes by the organizations. competent international These instruments are the main source from which the measures and actions to prevent, mitigate and combat the transnational crime of money laundering emerged; They also established the main elements to be implemented by the jurisdictions for compliance and effectiveness of said policy; whose purpose is to prevent the proliferation of criminal groups, operations with resources of illicit origin, the continuation of crime, its impunity, insecurity, and the maintenance of criminal organizations; The mitigation of money laundering at a global level is one of the main tasks of criminal policy in countries due to the need to guarantee and protect their security through crime prevention.