近日，中国人民银行发布《贵金属和宝石从业机构反洗钱和反恐怖融资管理办法》（下称《办法》）。其 中提到，从业机构开展人民币10万元以上（含10万元）或者等值外币现金交易的，应当根据《办法》规定 履行反洗钱义务。 客户单笔或者日累计金额人民币10万元以上（含10万元）或者等值外币现金交易的，从业机构应当按照规定在 交易发生之日起5个工作日内向中国反洗钱监测分析中心提交大额交易报告。《办法》自2025年8月1日起施 行。 央行：8月1日起，现金买黄金超10万元需上报 日前，中国人民银行发布《贵金属和宝石从业机构反洗钱和反恐怖融资管理办法》。其中提到，从业机构开展 人民币10万元以上（含10万元）或者等值外币现金交易的，应当根据《办法》规定履行反洗钱义务。客户单笔 或者日累计金额人民币10万元以上（含10万元）或者等值外币现金交易，从业机构应当勤勉尽责，遵循"了解 你的客户"原则，根据客户特征和交易活动的性质、洗钱风险状况，开展客户尽职调查。 《办法》提到，客户单笔或者日累计金额人民币10万元以上（含10万元）或者等值外币现金交易的，从业机构 应当按照规定在交易发生之日起5个工作日内向中国反洗钱监测分析中心提交大额交 ...

近日，中国人民银行发布"中国人民银行关于印发《贵金属和宝石从业机构反洗钱和反恐怖融资管理办 法》的通知（银发〔2025〕124号）"（以下简称《办法》）。 其中提到，从业机构开展人民币10万元以上（含10万元）或者等值外币现金交易的，应当根据《办法》 规定履行反洗钱义务。客户单笔或者日累计金额人民币10万元以上（含10万元）或者等值外币现金交 易，从业机构应当勤勉尽责，遵循"了解你的客户"原则，根据客户特征和交易活动的性质、洗钱风险状 况，开展客户尽职调查。 客户单笔或者日累计金额人民币10万元以上（含10万元）或者等值外币现金交易的，从业机构应当按照 规定在交易发生之日起5个工作日内向中国反洗钱监测分析中心提交大额交易报告。 贵金属交易存在交易金额大、现金交易比例高等特点，国际社会普遍将其视为洗钱和恐怖融资高风险领 域。上述《办法》自2025年8月1日起正式施行，旨在通过建立系统化监管框架，防范贵金属与宝石交易 领域的洗钱及恐怖融资风险。 《办法》明确，贵金属是指黄金、白银、铂金等及其铸币、标准条锭、制品、中间产品和精炼后的原材料 等；宝石是指钻石、玉石等天然宝石的各类原材料及首饰、制品实物形态。《办法》要 ...

Core Viewpoint - The People's Bank of China has issued new anti-money laundering and counter-terrorism financing regulations for precious metals and gemstones, effective from August 1, 2025, aimed at establishing a systematic regulatory framework to mitigate risks in the sector [1] Regulatory Scope and Applicable Entities - The new regulations cover a wide range of entities engaged in the spot trading of precious metals and gemstones within China, including members of the Shanghai Gold Exchange, Shanghai Diamond Exchange, and various industry associations [2] - Retailers such as small gold shops and jewelry stores are also required to comply with the anti-money laundering regulations if they engage in relevant spot trading activities [2] - The definition of precious metals includes gold, silver, platinum, and their various forms, while gemstones encompass diamonds, jade, and other natural gemstones [2] Transaction Reporting and Customer Due Diligence Requirements - A clear reporting standard for large transactions has been established, requiring institutions to report cash transactions exceeding RMB 100,000 or equivalent foreign currency within five working days to the Anti-Money Laundering Monitoring and Analysis Center [2] - This reporting threshold has been raised from RMB 50,000 as per previous regulations issued in 2017 [2] - Institutions must adhere to the "Know Your Customer" principle and conduct due diligence in specific situations, including when there are reasonable grounds to suspect money laundering activities [3] - Customer identity verification and transaction purpose understanding are essential components of the due diligence process [3] Information Retention and Reporting of Suspicious Transactions - Institutions are required to maintain a robust information retention mechanism, keeping customer identity data for at least 10 years after the business relationship ends, an extension from the previous 5-year requirement [3] - Any suspicious transactions, regardless of the amount, must be reported promptly to the relevant authorities [3]

Core Viewpoint - Starting from August 1, 2025, cash transactions exceeding 100,000 RMB for purchasing gold, diamonds, or jade must be reported, as per the new anti-money laundering regulations issued by the People's Bank of China [2][3]. Group 1: Regulatory Framework - The new regulations aim to establish a systematic regulatory framework to prevent money laundering and terrorist financing risks in the precious metals and gemstones trading sector [3][4]. - The regulations require that institutions must submit large transaction reports within five working days for cash transactions of 100,000 RMB or more [3][29]. - Customer identity information must be retained for at least 10 years after the business relationship ends or after the transaction is completed [6][32]. Group 2: Compliance Obligations - Institutions are required to conduct customer due diligence based on the risk status of the customer before or after transactions [5][20]. - If customers refuse to cooperate with due diligence measures, institutions can restrict or terminate transactions and report suspicious activities [6][24]. - Institutions must maintain confidentiality regarding customer identity and transaction information obtained during anti-money laundering efforts [10]. Group 3: Risk Management - Institutions must assess their money laundering risk and establish internal controls accordingly, with simplified requirements for those assessed as lower risk [16][19]. - Regular evaluations of money laundering risks must be conducted, with a maximum cycle of three years [19]. - Enhanced due diligence measures are required for customers or transactions from high-risk countries or involving politically exposed persons [25][26]. Group 4: Reporting Requirements - Institutions must report large transactions exceeding 100,000 RMB to the Anti-Money Laundering Monitoring and Analysis Center within five working days [29]. - Any suspicion of money laundering activities must also be reported, regardless of the transaction amount [30]. - The specific formats and requirements for reporting large and suspicious transactions will be defined by the Anti-Money Laundering Monitoring and Analysis Center [30][31].

Core Viewpoint - The People's Bank of China has issued the "Management Measures for Anti-Money Laundering and Anti-Terrorist Financing for Precious Metals and Gemstone Practitioners," aimed at preventing money laundering and terrorist financing activities in the industry [1][2]. Group 1: General Provisions - The measures are designed to strengthen and standardize anti-money laundering (AML) efforts in the precious metals and gemstones sector, in accordance with relevant laws [2][3]. - Institutions engaged in cash transactions of 100,000 RMB or more (including 100,000 RMB) must report large transactions to the Anti-Money Laundering Monitoring and Analysis Center within five working days [2][24]. Group 2: Responsibilities of Practitioners - Practitioners must fulfill their AML obligations and cooperate with AML investigations, ensuring confidentiality of customer identity and transaction information [6][5]. - Institutions are required to establish internal controls based on their exposure to money laundering risks and business scale, with higher-risk institutions subject to stricter regulatory measures [12][14]. Group 3: Self-Regulatory Mechanism - The industry is to establish a self-regulatory mechanism for AML, guided by the People's Bank of China, which includes responsibilities such as risk assessment and reporting [7][8]. - Self-regulatory organizations must ensure that their AML staff possess the necessary professional capabilities and ethics [8][10]. Group 4: Customer Due Diligence - Institutions must conduct customer due diligence based on the risk profile of clients, especially for transactions exceeding 100,000 RMB or when there are suspicions of money laundering [15][19]. - Enhanced due diligence measures are required for clients from high-risk jurisdictions or those involved in suspicious activities [20][21]. Group 5: Reporting Obligations - Institutions must submit suspicious transaction reports to the Anti-Money Laundering Monitoring and Analysis Center if they suspect any transactions are related to money laundering, regardless of the amount involved [25][26]. - Customer identity and transaction records must be retained for at least ten years, ensuring they can be traced for AML purposes [27][26]. Group 6: Legal Responsibilities - The People's Bank of China and its branches will impose penalties for violations of the AML measures, including self-regulatory breaches and failure to report suspicious activities [31][33]. - Institutions must take special preventive measures against entities listed in specific sanction lists related to terrorism and money laundering risks [28][29].

中国央行《贵金属和宝石从业机构反洗钱和反恐怖融资管理办法》明确，现金买黄金、白银、铂金、钻石、玉石等贵金属和宝石超10万元将需要上报。《办法》自2025年8月1日起正式施行。https://t.co/IxtTNbTa5Q https://t.co/rbqCtLlZNO ...

Core Points - The People's Bank of China has issued new regulations to enhance anti-money laundering (AML) measures for precious metals and gemstones, raising the threshold for reporting large transactions from 50,000 RMB to 100,000 RMB, effective from August 1, 2025 [1][2]. Group 1: Regulatory Changes - The new regulation requires reporting of cash transactions of 100,000 RMB or more, or equivalent foreign currency, within five working days to the Anti-Money Laundering Monitoring and Analysis Center [2]. - The previous threshold for reporting was set at 50,000 RMB or equivalent to 10,000 USD, indicating a significant increase in the reporting limit [2]. Group 2: Institutions Covered - The regulations apply to all institutions engaged in the spot trading of precious metals and gemstones within the People's Republic of China [3][4]. - Various entities, including financial institutions and businesses involved in the sale and pawn of gold and gemstones, are required to comply with the new AML obligations [4]. Group 3: Industry Context - The precious metals trading sector is considered a high-risk area for money laundering and terrorist financing due to large transaction amounts and high liquidity [4]. - The evolving complexity of money laundering techniques necessitates stricter regulations to ensure financial security and stability [4].

Core Viewpoint - The People's Bank of China has issued the "Management Measures for Anti-Money Laundering and Anti-Terrorist Financing for Precious Metals and Gemstone Practitioners," which will take effect on August 1, 2025, enhancing the anti-money laundering regulations in the precious metals and gemstones industry [1][4]. Summary by Relevant Sections Regulatory Changes - The new regulations expand the scope of anti-money laundering obligations to cover the entire supply chain of precious metals and gemstones, including trading, processing, and recycling [8][11]. - The threshold for reporting large transactions has been raised from 50,000 RMB to 100,000 RMB, requiring practitioners to report cash transactions that meet or exceed this amount [4][5]. Compliance Requirements - Practitioners must adhere to the "Know Your Customer" principle, conducting due diligence based on customer characteristics and transaction nature, particularly for transactions of 100,000 RMB or more [4][10]. - Customer identity information must be collected and retained for at least 10 years after the business relationship ends, an increase from the previous 5-year requirement [5][10]. Industry Impact - The regulations are expected to fill existing regulatory gaps in cash transactions within the precious metals sector, which is often associated with high risks of money laundering and terrorist financing [7][9]. - The broad definition of "precious metals and gemstones" includes all aspects of the industry, significantly increasing the number of entities subject to these regulations [8][11]. Reporting Obligations - Practitioners are required to submit suspicious transaction reports if they suspect any connection to money laundering activities, regardless of the transaction amount [10][12]. - The management of large and suspicious transaction reporting may be facilitated through industry associations, which could help streamline compliance for numerous small businesses [11][12]. Recommendations for Implementation - Industry experts suggest that practitioners should enhance their internal controls and compliance systems to meet the new regulatory requirements effectively [12]. - There is a call for increased collaboration with regulatory bodies to improve data sharing and transaction monitoring capabilities [12].