中国人民银行关于《中国人民银行关于修改和废止部分规章的决定》公开征求意见

Core Points - The People's Bank of China (PBOC) is seeking public opinion on the draft decision to amend and abolish certain regulations related to anti-money laundering (AML) [1][3] - The amendments include changes to the "Measures for the Administration of Large Transactions and Suspicious Transactions Reporting by Financial Institutions" and the "Measures for the Supervision and Administration of Anti-Money Laundering and Anti-Terrorist Financing by Financial Institutions" [1][4] - The PBOC will abolish the "Regulations on Anti-Money Laundering by Financial Institutions" as its content is already covered by existing laws and regulations [1][3][15] Summary of Amendments Amendments to the Measures for the Administration of Large Transactions and Suspicious Transactions Reporting - The scope of financial institutions required to report large and suspicious transactions has been clarified, including various types of banks, securities firms, insurance companies, and non-bank payment institutions [4][5] - Financial institutions are required to conduct manual analysis and identification of suspicious transactions, documenting the analysis process and reasons for exclusion if not reported [4][5][6] - A new provision mandates that financial institutions must adjust customer risk levels dynamically based on changes in money laundering risk status [5][6] Amendments to the Measures for the Supervision and Administration of Anti-Money Laundering and Anti-Terrorist Financing - The PBOC is designated as the administrative authority for AML and anti-terrorist financing, with responsibilities for supervision and management of financial institutions [7][8] - Financial institutions must establish internal control systems for AML and anti-terrorist financing, regularly assess risks, and ensure compliance with training and auditing requirements [8][9] - New provisions require financial institutions to share necessary AML information between headquarters and branches, ensuring effective execution of AML responsibilities [9][10] Abolishment of Existing Regulations - The "Regulations on Anti-Money Laundering by Financial Institutions" will be abolished as its provisions are redundant due to coverage in existing laws and regulations [1][15]