The adequacy of Jordanian criminal legislation in addressing the crime of money laundering through technical systems -A comparative study

Abstract

The study focuses on money laundering, and its pitfalls. It also discusses how the current Jordanian laws are inefficient to combat money laundering. Such activities are alarming, given the complex procedures that money laundering employs. The Jordanian government has not spoken anything about crime, which results in challenges for society. The study investigates the effects of a legal change and the need to stay updated with the way this crime is committed. This is very important because both regional and international efforts to fight money laundering cannot provide enough cover against the large technological advancements (informing, electrical dealings) coming with it. The study has various important findings. One of them pointed out the amendments needed in Articles 3 and 30. The study poses an argument that there should be a provision in the Electronic Crimes Law to criminalize modern ways of money laundering.

Keywords: Money laundering, organized crime, Jordanian legislation, cybercrime.