On Oct. 24, 2025, CHI CB issued a notice finalizing the draft measures.
The notice is effective from Dec. 1, 2025.
On Jul. 18, CHI CB proposed AML/CFT rules re financial institutions.
CHI CB proposedNotice on the implementation of measures for the supervision and administration of anti-money laundering and counter-terrorist financing of financial institutions; it published an explanatory statement at the same time.
Follows CHI CB Jul. 15, 2025 proposed to revise and repeal AML regulations, #262584.
Highlights of Proposed Measures
Clarify the regulatory responsibilities of legal entity financial institutions (FIs), and refine the anti-money laundering regulatory requirements for non-legal entity FIs.
Clarify the systematic supervision of legal entity FIs, in which the headquarter supervision bank is responsible for comprehensive supervision.
The local legal entity FI branch is responsible for supervising the fulfillment of its AML obligations and the implementation of internal control systems.
CHI CB Head Office shall coordinate the formulation of the national AML supervision strategy, and the provincial branches shall formulate their own supervision strategies.
Specify the list of FI to be supervised by CHI CB head office and provincial branches.
The provincial branch shall conduct the risk assessment of legal entity FIs.
Specify the content and work requirements of the risk assessment, and stipulate the requirements for continuous anti-money laundering supervision.
Adjust the anti-money laundering information reporting requirements of FIs.
Consultation End
Public consultation closes on Jul. 30, 2025.
Oct. 2025 Measures Finalized
On Oct. 24, 2025, CHI CB issued a notice finalizing the draft measures.
