This paper will focus on giving the understanding and study about the fight and prevention against the concept and issues against money laundering and the financial terrorism faced in the economy to bring economic viability and stability. The paper also focuses on giving a detailed study of the issues that have arisen because of the recent changes and the legislative implications. The money laundering concept can be regarded as the central pivot for numerous offenses occurring in society. The paper, in the beginning, gives a detailed study about the concepts, causes, issues as well as how this is happening, the following part will focus upon giving the regulatory and controlling aspects of the process of money laundering and the summing up section includes how prevention of money laundering can be done within the nation.
