Notice of RetractionTransnational circulation of RMB impact on anti-money laundering and relevant countermeasures

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

With the growth of China´s foreign trade and internationalization of RMB, the circulation quantity of RMB of the surrounding countries increases by a wide margin. Transnational circulation of RMB brought challenges to anti-money laundering work, if China does not conduct timely and effective response, is bound to trigger a series of the problems of society, politics and economy. This paper combines reality, has systematically described the current situation of transnational circulation of RMB, importance of anti-money laundering under transnational circulation of RMB condition, impact that transnational circulation of RMB brings to anti-money laundering, and based on the analysis presented above, has proposed some suggestions that how to carry on anti-money laundering effectively under transnational circulation of RMB condition, these suggestions have strong pertinence and maneuverability.