THE CONCEPT OF MONEY LOUNDERING AND CONSTITUENT ELEMENTS THEREOF

The number of offences related to money laundering continues to grow recently. In Latvia, the prevention of money laundering is relatively new in terms of laws and legal practices. This work is based on a study of the composition of a criminal offence committed in the legalization of proceeds, an analysis of the objective and subjective features of Article 195 of the Criminal Law, as well as an examination of the concept of money laundering. The work also explores the essential preconditions for the prevention and combating of money laundering of documents issued by international organizations, as well as the conformity of the Latvian legal base with the requirements of international organizations in this regard