存取逾5万不查资金来源用途，反洗钱如何“动态平衡”

Core Viewpoint - China should seize the opportunity of the new round of FATF evaluations to continuously enhance its anti-money laundering (AML) standards and risk prevention capabilities, pushing for a comprehensive alignment of its AML work with international standards, and transitioning to a "risk-based" management approach in AML regulation [1][15]. Regulatory Changes - The People's Bank of China, the National Financial Regulatory Administration, and the China Securities Regulatory Commission jointly released a draft for public consultation on the management of customer due diligence and transaction record-keeping for financial institutions, which proposes significant adjustments to previous regulations [2][5]. - The draft removes the requirement for banks to verify the identity of customers making cash deposits or withdrawals exceeding 50,000 RMB, which had previously caused discomfort among customers [2][6]. Training and Implementation - Financial institutions are initiating new rounds of training focused on identifying high-risk scenarios and strengthening AML due diligence, despite the relaxation of certain regulations [3][5]. - The implementation of the draft will lead to a more refined AML management approach, emphasizing continuous customer due diligence and enhancing the transparency of beneficial ownership [12][15]. Enhanced AML Measures - The draft introduces several targeted AML measures, including prohibiting simplified due diligence in high-risk scenarios, monitoring specific sensitive groups, and controlling associations with high-risk regions [4][12]. - Financial institutions are required to establish mechanisms to stay updated on high-risk countries and regions, ensuring that enhanced due diligence measures are applied to transactions from these areas [4][14]. International Alignment - The release of the draft signifies a step towards aligning China's AML risk management with international standards, particularly in preparation for the upcoming FATF evaluation [13][15]. - Following the FATF's previous evaluations, experts suggest that China should actively improve its AML laws and practices to meet international expectations and enhance its financial stability [14][15].