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 JSS  Vol.3 No.11 , November 2015
Anti-Money Laundering Regulation of China’s Mobile Payment and Settlement Industry
Yanwei Wang*, Yangchao Ou
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Abstract: In recent years, with the continuous advance of payment equipment and technologies like China’s internet Finance, Big Data and Mobile Network, the anonymity, rapidity and cross-border transaction of mobile payment business have also brought many money laundering risks. Therefore, it is necessary to strengthen cooperation with the supervision organization of international payment and anti-money laundering business, and meanwhile to constantly improve the supervision mechanism of China’s payment and anti-money laundering business.
Keywords: China, Mobile Payment Clearing, Anti-Money Laundering
Cite this paper: Wang, Y. and Ou, Y. (2015) Anti-Money Laundering Regulation of China’s Mobile Payment and Settlement Industry. Open Journal of Social Sciences, 3, 276-281. doi: 10.4236/jss.2015.311033.
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