China uncovers largest money laundering case

时间：2006-12-04 00:42:16

（单词翻译:单击）

Dec. 2 - Authorities in China's commercial center Shanghai has uncovered a five billion yuan (US$633 million) money laundering1 case, the largest ever in the country's history.

 

The case was exposed accidentally in a probe into falsification in business registration2 jointly3 launched by the Shanghai office of the central bank and other government agencies, the Shanghai Securities News said Friday.

 

The report gave no details of the case other than that it involves "underground" banks, or illegal private businesses offering remittance4, foreign exchange and other banking5 services.

 

Though a relatively6 new thing in China, anti-money laundering has been increasing attention by Chinese authorities.

 

In 2003 the central bank was given the power to handle anti-money laundering investigations7.

 

In October this year, the national legislative8 body adopted the country's first anti-money laundering law, which expanded the definition of money laundering to include bribery9, and gave the central bank greater power in investigations.

 

The new law, which will take effect on Jan. 1, 2007, will pave the way for China to join the Financial Action Task Force on Anti-Money Laundering (FATF), an international organization also devoted10 to cut off funding to terrorists.
分享到：


点击收听单词发音收听单词发音  

1 laundering laundering     
n.洗涤（衣等），洗烫（衣等）；洗（钱）v.洗（衣服等），洗烫（衣服等）( launder的现在分词 )；洗（黑钱）（把非法收入改头换面，变为貌似合法的收入）
参考例句：
  • Separate the white clothes from the dark clothes before laundering. 洗衣前应当把浅色衣服和深色衣服分开。 来自《简明英汉词典》
  • He was charged with laundering money. 他被指控洗钱。 来自《简明英汉词典》
2 registration ASKzO     
n.登记，注册，挂号
参考例句：
  • Marriage without registration is not recognized by law.法律不承认未登记的婚姻。
  • What's your registration number?你挂的是几号？
3 jointly jp9zvS     
ad.联合地，共同地
参考例句：
  • Tenants are jointly and severally liable for payment of the rent. 租金由承租人共同且分别承担。
  • She owns the house jointly with her husband. 她和丈夫共同拥有这所房子。
4 remittance zVzx1     
n.汇款，寄款，汇兑
参考例句：
  • Your last month's salary will be paid by remittance.最后一个月的薪水将通过汇寄的方式付给你。
  • A prompt remittance would be appreciated.速寄汇款不胜感激。
5 banking aySz20     
n.银行业，银行学，金融业
参考例句：
  • John is launching his son on a career in banking.约翰打算让儿子在银行界谋一个新职位。
  • He possesses an extensive knowledge of banking.他具有广博的银行业务知识。
6 relatively bkqzS3     
adv.比较...地，相对地
参考例句：
  • The rabbit is a relatively recent introduction in Australia.兔子是相对较新引入澳大利亚的物种。
  • The operation was relatively painless.手术相对来说不痛。
7 investigations 02de25420938593f7db7bd4052010b32     
（正式的）调查( investigation的名词复数 )； 侦查； 科学研究； 学术研究
参考例句：
  • His investigations were intensive and thorough but revealed nothing. 他进行了深入彻底的调查，但没有发现什么。
  • He often sent them out to make investigations. 他常常派他们出去作调查。
8 legislative K9hzG     
n.立法机构，立法权；adj.立法的，有立法权的
参考例句：
  • Congress is the legislative branch of the U.S. government.国会是美国政府的立法部门。
  • Today's hearing was just the first step in the legislative process.今天的听证会只是展开立法程序的第一步。
9 bribery Lxdz7Z     
n.贿络行为，行贿，受贿
参考例句：
  • FBI found out that the senator committed bribery.美国联邦调查局查明这个参议员有受贿行为。
  • He was charged with bribery.他被指控受贿。
10 devoted xu9zka     
adj.忠诚的，忠实的，热心的，献身于...的
参考例句：
  • He devoted his life to the educational cause of the motherland.他为祖国的教育事业贡献了一生。
  • We devoted a lengthy and full discussion to this topic.我们对这个题目进行了长时间的充分讨论。

©2005-2010英文阅读网