杜绝“一刀切”，三部门完善金融机构客户尽职调查规定

Core Viewpoint - The central theme of the news is the introduction of a new regulatory framework that emphasizes risk-based customer due diligence in financial institutions, removing the rigid requirement for cash transactions above a certain amount to register the source or purpose of funds [1][5]. Group 1: Regulatory Changes - The new regulation, titled "Measures for Customer Due Diligence and Customer Identity Information and Transaction Record Management," was released by the central bank, financial regulatory authority, and securities regulatory commission on November 28 [1]. - The regulation aligns with previous drafts and focuses on balancing anti-money laundering (AML) risk prevention with the optimization of financial services [1][5]. Group 2: Risk-Based Due Diligence - The regulation mandates financial institutions to conduct customer due diligence based on the risk profile of clients, avoiding a one-size-fits-all approach [2]. - Financial institutions are required to simplify due diligence for clients with low money laundering risks while implementing enhanced measures for high-risk scenarios [2][5]. - For example, routine transactions from clients with stable income sources do not require extensive documentation, while unusual large transactions trigger a need for further investigation [3]. Group 3: Balancing Security and Convenience - The implementation of customer due diligence may raise public concerns regarding privacy and the legitimacy of information requests [4]. - There is a need to balance the demand for quick financial services with the necessity of ensuring fund security, especially in light of rising financial crimes [4][5]. - The regulation aims to address this balance by allowing necessary due diligence while protecting personal privacy, in line with international standards [5]. Group 4: Distinction Between AML and Fraud Prevention - The news highlights the distinction between anti-money laundering efforts and anti-fraud measures, clarifying that they operate under different legal frameworks and objectives [6]. - Anti-money laundering focuses on preventing and curbing money laundering activities, while anti-fraud measures target the prevention and punishment of telecom and internet fraud [6].