Core Points - The People's Bank of China has issued a notice regarding the implementation of anti-money laundering and counter-terrorism financing management measures for precious metals and gemstone industry practitioners, effective from August 1, 2025 [1][3] Group 1: Regulatory Framework - The new regulations require institutions to fulfill anti-money laundering obligations for cash transactions of 100,000 RMB or more, or equivalent foreign currency [3] - Institutions must conduct customer due diligence based on the "Know Your Customer" principle for transactions meeting the specified threshold [3] - A large transaction report must be submitted to the Anti-Money Laundering Monitoring and Analysis Center within five working days of the transaction [3]
央行：明日起，现金买金超10万元需上报
Zheng Quan Shi Bao·2025-07-31 09:05