my country intends to make “self-laundering” a crime

According to Xinhuanet, the second-review draft of the Criminal Law Amendment (11) was submitted to the Standing Committee of the National People’s Congress for deliberation on the 13th. The draft clearly stipulates “self-laundering” after serious crimes and related doping violations. The second draft of the draft supplemented and improved the crime of manipulating the securities and futures markets, and further tightened the criminal law network. Amend the crime of money laundering, make “self-laundering” a crime after some serious crimes have been committed, at the same time improve the methods of money laundering, and increase the amount of money laundering by underground banks through “payment” settlement methods. The draft also adds provisions to increase penalties for the crime of fund-raising fraud.