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" to enhance regulatory compliance in the industry [1][5]. Group 1: Definition and Scope - Precious metals include gold, silver, platinum, and their various forms such as coins, standard bars, products, intermediate products, and refined raw materials [1]. - Gemstones refer to natural gemstones like diamonds and jade, including all types of raw materials and jewelry in physical form [1]. Group 2: Transaction Reporting Requirements - Institutions must fulfill anti-money laundering obligations for cash transactions of 100,000 RMB or more (including 100,000 RMB) or equivalent foreign currency [3]. - For transactions meeting the above threshold, institutions are required to conduct customer due diligence based on the "Know Your Customer" principle and submit a large transaction report to the Anti-Money Laundering Monitoring and Analysis Center within five working days [3]. Group 3: Implementation Timeline - The measures will take effect on August 1, 2025 [4].

| 中审亚太会计师事务所（特殊普通合伙） China Audit Asia Pacific Certified Public | | | --- | --- | | Accountants LLP | | | 本年度蓝宝石制造业务前五大客户明细如下： | | | 单位：万元 | | | 是否属于 | | | 关联 收入确认金 收入确认含 主要销 新增客户 | 序 | | 客户名称 所属地区 应收账 | | | 期后回款 | 款 | | 关系 额 税金额 售产品 （合作起 | 号 | | 余额 | | | 始时间） | | | 广东中图半导 | | | 非关 华 南 地 区 蓝宝石 否（2015 | | | 联方 （广东） 晶片 年5月） | | | 限公司 | | | 深圳市***有 蓝宝石 | | | 非关 华 南 地 区 否（2020 | | | 联方 （广东） 年11月） | | | Y公司） 晶棒 | | | 淮安澳洋顺昌 | | | 非关 华 东 地 区 蓝宝石 否（2017 | | | 联方 （江苏） 晶片 年11月） | | | 公司 | | | 哈尔滨新力光 | | | 非关 东 北 地 区 ...

Core Viewpoint - The People's Bank of China has officially released the "Management Measures for Anti-Money Laundering and Anti-Terrorist Financing for Precious Metals and Gemstone Practitioners," which will come into effect on August 1, 2025, marking a systematic establishment of anti-money laundering requirements in the precious metals and gemstones trading sector [1][4]. Group 1: Regulatory Framework - The new regulations encompass all domestic institutions engaged in the spot trading of precious metals and gemstones, requiring them to adhere to strict anti-money laundering obligations when cash transactions reach or exceed RMB 100,000 or its equivalent in foreign currency [4]. - The regulations emphasize the importance of "customer due diligence," mandating institutions to effectively identify and verify customer identities and understand the purpose and source of funds for transactions [4][5]. - The People's Bank of China retains the authority to adjust the cash transaction reporting threshold based on changes in money laundering risks, indicating that the current RMB 100,000 standard may not be fixed [4][5]. Group 2: Role of Industry Self-Regulation - Industry self-regulatory organizations, such as the Shanghai Gold Exchange and the China Jewelry Association, are tasked with establishing an "industry anti-money laundering self-regulatory mechanism" under the guidance of the People's Bank of China [4]. - This self-regulatory mechanism will be responsible for developing industry standards, organizing risk alerts and training, coordinating suspicious transaction reporting, and evaluating member institutions [4]. Group 3: Risk-Based Supervision - The regulations adopt a "risk-based" supervisory principle, allowing the People's Bank of China to assess the money laundering risk levels of institutions and implement differentiated regulatory measures [5]. - Institutions are required to establish their own risk assessment mechanisms, conducting comprehensive evaluations at least every three years and performing special assessments before launching new products or services [5]. - Customer due diligence is highlighted as a core defense, requiring institutions to initiate due diligence when cash transactions are suspected of being related to money laundering or when there are doubts about customer identities [5].

"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，应当根据本办法 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。" 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《 管理办法 》），明确提出上述要求。 注意！8月1日起，现金买黄金、钻石超过10万元需上报。 | | | | 中国人民银行 THE PEOPLE'S BANK OF CHINA | | 条法司 Legal Affairs Department | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 信息公开 | 新闻发布 | 澤集活過 | 炭市政策 | 宏观审慎 | 信贷政策 | 全融市场 | 金融稳定 | 调查统计 | 银行会计 | 支付体系 | | | 金融材技 | 人民币 | 经理国库 | 国际交往 | 人员招录 | 学术交流 | 征信管 ...

Core Viewpoint - The People's Bank of China has issued a new regulation aimed at anti-money laundering and counter-terrorism financing for precious metals and gemstones trading institutions, effective from August 1, requiring compliance for cash transactions exceeding 100,000 RMB or equivalent foreign currency [1][2]. Group 1: Regulatory Requirements - Institutions must submit a large transaction report to the Anti-Money Laundering Monitoring and Analysis Center within five working days for cash transactions of 100,000 RMB or more [2]. - The regulation defines precious metals as gold, silver, platinum, and related products, while gemstones include diamonds and jade [2][3]. Group 2: Risk Management - Institutions are required to conduct customer due diligence based on the "Know Your Customer" principle, especially for transactions exceeding 100,000 RMB or when there are suspicions of money laundering [3]. - Institutions must not provide services to unidentified clients or those using false identities and must take immediate action if invalid identification is detected [4]. Group 3: Risk Assessment - Institutions are mandated to regularly assess their exposure to money laundering risks, with evaluations not exceeding three years, and must reassess when significant changes occur in operations or environment [4]. - Prior to launching new products or services, institutions should evaluate the potential money laundering risks associated with these changes [4].

Core Viewpoint - The People's Bank of China has issued new regulations to enhance anti-money laundering (AML) measures in the precious metals and gemstones industry, raising the threshold for large transaction reporting 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, and mandates customer due diligence based on the nature of transactions and associated money laundering risks [2][4]. - The previous threshold for reporting was set at 50,000 RMB, established in a 2017 notification by the People's Bank of China [2][3]. - The definition of precious metals includes gold, silver, platinum, and their various forms, while gemstones encompass diamonds and jade [2]. Group 2: Industry Impact - The increase in the reporting threshold is linked to the rising gold prices over the past two years, as noted by industry experts [2]. - All businesses engaged in precious metals and gemstones trading, including retail and pawn shops, are required to comply with the new AML obligations starting August 1, 2025 [3][4]. - Feedback from industry stakeholders indicates that large cash transactions for gold and gemstones are not common, and many businesses have not yet received notifications regarding the new regulations [3][4]. Group 3: Customer Due Diligence - Institutions must collect and retain basic identity information from customers, including names, contact details, and identification documents, as part of their due diligence process [4]. - The reporting of large transactions must be completed within five working days of the transaction occurring [4]. - Experts suggest that the process for consumers remains straightforward, and normal purchases should not raise concerns for customers [4].

7月2日，一则关于"10万元现金买贵金属需上报"的消息甚嚣尘上。对此，贝壳财经记者采访了多位专家 了解到，该消息对百姓日常买金影响不大。 该消息源自近期央行发布的《贵金属和宝石从业机构反洗钱和反恐怖融资管理办法》（以下简称《办 法》）。 《办法》指出，从业机构开展人民币10万元以上（含本数）或者等值外币现金交易的，应当根据本办法 规定履行反洗钱义务。其中，从业机构是指在中华人民共和国境内依法从事贵金属和宝石开采、加工和 中间交易、零售、回收等现货交易的交易商。该《办法》将自2025年8月1日起施行。 那么，个人买金超10万受影响吗？为何设置现金10万元限制？监管为何对贵金属和宝石交易出手？ 个人买金超10万受影响吗？ 现金买卖超限额或需配合 刷卡等交易不受影响 "现在的黄金价格比较高，超过10万元很正常。是否意味着个人购买黄金、珠宝的时候，也必须登记或 者受到影响呢？"在社交平台上，不少网友表示担忧，该《办法》虽然面向的是贵金属、宝石的相关从 业者，但这些机构中包括了零售、回收业务的相关机构，这意味着一些机构黄金销售商、典当行等也在 其中。 对此，多位受访专家表示，个人消费者购买、回收贵金属、珠宝时，使用现金 ...

扬子晚报网7月2日讯（记者 范晓林 薄云峰）中国人民银行于6月30日印发《贵金属和宝石从业机构反洗钱和反恐怖融资管理办法》（以下简称《管理办 法》），自2025年8月1日起施行。《管理办法》曾于2025年4月3日至4月16日向社会公开征求意见。 金饰品店 薄云峰摄 相较于早前监管部门提出的贵金属行业反洗钱要求，本次《管理办法》从适用对象、起点金额、客户尽职调查具体情形等方面进行明确规定，将贵金属和 宝石全产业链都纳入反洗钱监管。从变化来看，《管理办法》中，将提交大额交易报告的起点金额由5万元提升至10万元，数量庞大的贵金属、宝石经营 门店等也应被纳入其中。 从业机构范围方面，根据《管理办法》，受到新规约束的从业机构是指在中华人民共和国境内依法从事贵金属和宝石现货交易的交易商。从业机构应当按 照规定履行反洗钱义务，接受反洗钱监督管理，配合反洗钱调查。 《管理办法》提出，从业机构应遵循"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。具体涉及情况包括：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；有合理理由怀疑客户及其交易涉嫌洗钱活动；对先前获得的 ...

中经记者 郝亚娟 夏欣 上海 北京报道 "现金买黄金钻石超10万元需上报"登上热搜。 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》（以下简称《办 法》）提出，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，应当根据本办法 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。 为了预防洗钱和恐怖融资活动，遏制洗钱及相关犯罪，加强和规范贵金属和宝石从业机构反洗钱和反恐 怖融资工作，根据《中华人民共和国反洗钱法》《中华人民共和国反恐怖主义法》《中华人民共和国中 国人民银行法》等法律规定，制定本《办法》，自2025年8月1日起正式施行。 "近年来洗钱犯罪手段日益隐蔽复杂。贵金属交易具有交易金额大、流通性强等特点，国际社会普遍将 其视为洗钱和恐怖融资高风险领域。通过贵金属和宝石交易，尤其是黄金转移赃款的行为因隐蔽性强、 变现快，逐渐成为洗钱犯罪的新手段。为了进一步完善我国反洗钱监管体系，遏制洗钱及相关犯罪活 动，加强对贵金属和宝石行业 ...

Core Points - 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," effective from August 1, requiring practitioners engaged in cash transactions of 100,000 RMB or more to fulfill anti-money laundering obligations [1][2] - The threshold for reporting large transactions has been raised from 50,000 RMB to 100,000 RMB, aligning with international anti-money laundering standards [1][2] - The measures specifically target the precious metals and gemstones sector, which has been identified as a high-risk area for money laundering due to its cash-intensive nature [2] Industry Implications - The measures apply to institutions involved in the spot trading of precious metals and gemstones, including the Shanghai Gold Exchange and the China Gemstone and Jewelry Association, but do not cover futures trading [2] - The regulations aim to enhance customer information management and transaction record retention, thereby curbing hidden money laundering methods such as jewelry design and gold transfer [2] - Experts believe that the new regulations will not significantly hinder normal consumer purchases, as only a small percentage of transactions will require identity verification and transaction purpose disclosure [2]