Analysis of Money Laundering Precautionary Measures to Establish an Ethical Market based on Iranian and International Law

Money laundering and the fight against money laundering are important aspects of the ethics of ethical markets. Therefore, in order to have an ethical market, preventive measures related to money laundering should be considered as an economic crime. To achieve this important goal and identify the causes of such crimes, criminological studies are needed. Therefore, in the present article, preventive measures related to money laundering to establish the moral market as the target of selection and the legal system of Iran and international conventions on this crime were examined.

The dimensions of money laundering have expanded in recent years due to the globalization of the economy and the free flow of capital, and this requires attention to it. Major preventive measures against money laundering are related to banks and financial institutions. According to the authors of this article, the most important measures required for financial institutions include staff training, adjusting banking secrecy rules, monitoring money transfers, reporting large cash transactions, and reporting suspicious transactions. The results show that Iran's anti-money laundering laws are in accordance with the Merida Convention in terms of identifying, keeping records and reporting suspicious transactions, but are not obliged to identify the customer when there is criminal evidence.