On the 25th, the Supreme People's Court and the Supreme People's Procuratorate of China jointly issued an interpretation on the application of law in handling criminal cases of concealing and concealing criminal proceeds and gains from criminal activities (hereinafter referred to as the "Interpretation"), aiming to unify the application of law and severely punish various money laundering crimes. The crime of concealing or disguising criminal proceeds and their profits (hereinafter referred to as concealing or disguising criminal proceeds) is the largest money laundering crime in practice, closely related to telecommunications fraud, online gambling, and other crimes. At a press conference held on the 25th, Luo Guoliang, the chief judge of the Fourth Criminal Trial Division of the Supreme People's Court of China, said that from 2020 to 2024, the procuratorial organs prosecuted 230200 cases of concealing and concealing criminal activities, and the people's courts concluded 220900 first instance cases, effectively deterring and curbing upstream crimes such as telecommunications fraud and online gambling, and effectively promoting anti money laundering work. The "Interpretation" released this time consists of 12 articles, focusing on implementing the consistent policy orientation of severely punishing money laundering crimes through measures such as strengthening the criminal law network and improving conviction and sentencing standards. At the same time, we adhere to the comprehensive and accurate implementation of the criminal policy of balancing leniency and severity, encourage perpetrators to cooperate in investigating upstream crimes, actively recover gains and losses, and strive for lenient treatment. Punish professional habitual offenders and criminals who refuse to cooperate with the recovery of property involved in the case, causing significant losses to public and private property that cannot be recovered, and other serious consequences in accordance with the law; For those who have statutory or discretionary circumstances such as accomplices, voluntary surrender, meritorious service, and confession, they shall be given lenient treatment in accordance with the law. ”Wu Qiaobin, Deputy Director of the Legal Policy Research Office of the Supreme People's Procuratorate of China, said at the meeting. Luo Guoliang reminds that when judicial authorities review whether the assistance behavior involving bank cards constitutes a cover up or concealment of criminal offenses, they must strictly follow the principle of evidence judgment to determine that the perpetrator "knew it was the proceeds of crime", in order to prevent the improper expansion of criminal crackdown. In addition, the "interpretation" implements international anti money laundering standards and anti money laundering laws, and makes modifications to provisions such as criminalization standards and increased penalties. Vice President Si Mingdeng of the Fourth Criminal Trial Division of the Supreme People's Court of China said at the meeting that this will further promote international anti money laundering cooperation. (End) (New Society)