“凭啥告诉你？”曾遭不少网友吐槽！这一规定，即将取消

Core Viewpoint - The People's Bank of China, along with the National Financial Regulatory Administration and the China Securities Regulatory Commission, has announced a new regulation that eliminates the requirement for individuals to disclose the source of cash deposits or withdrawals exceeding 50,000 yuan, effective January 1, 2026. This change aims to streamline banking processes and reduce unnecessary inquiries for customers with clear and stable income sources [5][10]. Group 1: Regulatory Changes - The new regulation cancels the previous requirement for banks to register the source of funds for cash transactions over 50,000 yuan or equivalent foreign currency [5][10]. - The new rule will replace the earlier regulation that was set to take effect in March 2022 but was postponed due to technical reasons [8][10]. - Financial institutions are now required to conduct enhanced investigations only in cases of high money laundering risk, while low-risk situations can be handled with simplified measures [10]. Group 2: Customer Impact - Customers with clear income sources, such as pensioners or small business owners, will no longer need to explain the purpose of their cash transactions, making banking more efficient [8][10]. - For example, a pensioner withdrawing a fixed amount monthly will only need to verify their identity without further inquiries about the funds [8]. - In contrast, unusual transactions, such as sudden large transfers, will still trigger mandatory investigations to ensure compliance with anti-money laundering regulations [10].