注意！8月1日起，现金买金超10万元需上报

Core Viewpoint - The People's Bank of China has issued a new regulation regarding anti-money laundering and anti-terrorist financing for institutions engaged in precious metals and gemstones trading, effective from August 1, 2025 [1]. Group 1: Regulatory Framework - Institutions must fulfill anti-money laundering obligations for cash transactions of 100,000 RMB or more, or equivalent foreign currency [1]. - A due diligence process is required based on customer characteristics and transaction nature for transactions meeting the threshold [1]. - Institutions are required to submit a large transaction report to the Anti-Money Laundering Monitoring and Analysis Center within five working days of the transaction [1]. Group 2: Definition of Entities - The term "institutions" refers to traders legally engaged in the spot trading of precious metals and gemstones within the People's Republic of China [1]. - "Precious metals" include gold, silver, platinum, and their various forms, while "gemstones" refer to natural gemstones like diamonds and jade in all forms [1].