个人取款超5万仍需登记？多家银行问询用途 监管拟取消硬性规定

Core Viewpoint - The People's Bank of China, along with other regulatory bodies, has proposed a draft regulation that removes the requirement for individuals to declare the source or purpose of cash transactions exceeding 50,000 yuan, reflecting a shift towards easing compliance burdens for ordinary depositors while still addressing financial security concerns [1][2][4]. Regulatory Changes - The draft regulation eliminates the previous requirement from the 2022 version that mandated financial institutions to verify and record the source or purpose of cash transactions over 50,000 yuan or equivalent [2]. - The 2022 regulation faced significant backlash and was postponed due to its complexity, which posed implementation challenges for smaller financial institutions [2][8]. Market Impact - The removal of the cash declaration requirement is seen as a pragmatic measure that aligns with the "risk-based" principle, potentially improving user experience while reducing the operational workload for financial institutions [2][3][8]. - Despite the regulatory change, banks continue to inquire about the source or purpose of cash transactions over 50,000 yuan, primarily to combat the rising threat of telecom fraud [4][5]. Risk Management - The draft regulation emphasizes a differentiated approach to customer due diligence, allowing for simplified measures for low-risk transactions while imposing stricter requirements for high-risk scenarios [8]. - Financial institutions are still required to conduct due diligence for transactions exceeding 50,000 yuan in various high-risk contexts, ensuring compliance with anti-money laundering standards [7][8]. Industry Response - Analysts suggest that the regulatory adjustments reflect a broader trend towards adapting to market demands and enhancing the overall risk management framework within the financial sector [3][8]. - The new measures are expected to improve the quality of services offered by financial institutions, as they can better tailor their offerings based on customer risk profiles [5][6].