Criminal confrontation of the crime of electronic money laundering in national legislation and international agreements

The crime of money laundering is one of the modern crimes that some of those interested in studying law are ignorant of, which confuses it with other types of crimes, and then it is one of the most serious modern economic crimes that resulted from the major transformations taking place in the social, political and economic structure of societies due to communication technology, the demise of border barriers and the liberalization of national and global markets. The crime of money-laundering in general is of great importance because it is closely linked not only to the national economy, but also to the global economy, Crime is practiced by criminal groups in an organized manner and adopts modern technological means, predominantly of a transnational global character, which has led States to initiate conferences and conventions, foremost of which is the Vienna Convention on Illicit Traffic in Narcotic Drugs and Psychotropic Substances of 1988, and prompted legislators in most States to issue legislation to combat the crime of money-laundering. Among those Iraq countries, in this context, the Iraqi Anti-Money Laundering Law No. 93 of 2004 was issued. The birth of this law is an indication of the emergence of the crime of money-laundering in Iraqi society as a result of the spread of administrative and financial corruption in Iraq, in the absence of State institutions.