从“普遍登记”到“精准风控”，单笔存取超5万元或将放宽登记限制

Core Viewpoint - The People's Bank of China, along with the National Financial Regulatory Administration and the China Securities Regulatory Commission, has released a draft regulation that removes the strict requirement for financial institutions to register the source or purpose of cash transactions exceeding 50,000 yuan, which was part of the 2022 regulatory framework [1][2]. Group 1 - The draft regulation has been open for public consultation since August 4, with a deadline for feedback set for September 3 [1]. - The previous regulation, introduced in January 2022, faced significant public controversy and was postponed due to technical reasons before its intended implementation [1]. - The central bank indicated that cash transactions over 50,000 yuan accounted for only about 2% of all cash transactions, suggesting limited impact on the majority of customers [1]. Group 2 - The removal of the 50,000 yuan cash source or purpose registration does not imply a relaxation of anti-money laundering regulations [2]. - Financial institutions are still required to conduct due diligence based on customer characteristics and the nature of transactions, ensuring a balanced approach to risk management [2]. - The Anti-Money Laundering Law, effective from January 1, emphasizes risk-based customer due diligence, aligning with the new draft regulation [2].