¹Le Bao An, ²Le Quang Dong, ³Nguyen Thi Hong Diep, ⁴Nguyen Hoang Anh, ⁵Luong Thi Huong Lan

^1,2,3,4,5People’s Security Academy, Ministry of Public Security, Hanoi, Vietnam

DOI : https://doi.org/10.47191/ijsshr/v7-i03-58

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ABSTRACT

In the context of money laundering and terrorist financing activities, there have been many complex developments in recent decades, with potential risks and threats to destabilize the financial, security, political, and social systems and hinder the prosperity of all countries. Preventing and combating money laundering and terrorist financing increasingly receives substantial attention from the international community, and Vietnam is no exception. This article presents the legal system, the situation of money laundering in Vietnam and the challenges Vietnam faces in combating this kind of crime before suggesting solutions to handle this phenomenon better.

KEYWORDS:

Money laundering, anti-money laundering, FATF Recommendation, financial crime, Vietnam

REFERENCES
1) Ba, H., & Huynh, T. (2018). Money laundering risk from emerging markets: the case of Vietnam. Journal of Money Laundering Control, 21(3), 385-401.

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5) Madinger, J. (2011). Money laundering: A guide for criminal investigators. CRC Press.

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7) United Nations Convention Against Transnational Organized Crime

Volume 07 Issue 03 March 2024