1100多起地下钱庄、非法跨境转移资金等案件被查处

Core Insights - The article discusses the challenges and risks associated with currency exchange in certain countries, particularly the difficulties in converting local currencies to RMB or USD, leading individuals to seek alternative methods such as underground money exchanges [1] - The State Administration of Foreign Exchange (SAFE) is intensifying its crackdown on illegal cross-border fund transfers, with over 1,100 cases of illegal foreign exchange activities reported in 2025 [2] - The underground money market, which operates outside the financial regulatory framework, poses risks to economic stability and is a focus of regulatory efforts [3] Group 1: Regulatory Actions - In 2025, SAFE reported over 1,100 cases of illegal cross-border fund transfers, effectively maintaining foreign exchange transaction order [2] - SAFE has expanded the number of banks participating in foreign exchange business reform from 16 at the end of 2024 to 30, enhancing efficiency and risk control [2] - The total volume of cross-border income and expenditure reached $15.6 trillion in 2025, a nearly 10% increase from 2024, with a net inflow of $302.1 billion [3] Group 2: Underground Money Market - Underground money houses provide financial services without state approval, facilitating illegal activities such as corruption and tax evasion [3] - The common operation mode of underground money houses includes "cross-border matching," which allows funds to be transferred without actual cross-border movement, evading regulatory scrutiny [3] - The regulatory body emphasizes the need to maintain a stable foreign exchange market while enhancing oversight capabilities to combat illegal activities [3]