App

China launches 3-year action plan to crack down on money laundering
Updated: January 26, 2022 19:44 Xinhua

BEIJING — Authorities in China have initiated a three-year action plan to combat money laundering, with the People's Bank of China (PBOC) and the Ministry of Public Security (MPS) leading the campaign.

The action plan, released by the PBOC, the MPS and nine other government departments, called for coordination and consultation among departments to crack down on all kinds of money laundering activities.

The plan also proposes to improve the risk prevention and control mechanism against money laundering and effectively safeguard national security, social stability, economic development and the interests of the people.

The three-year campaign, starting from the beginning of 2022, will continue till the end of 2024.

Copyright© www.gov.cn | About us | Contact us

Website Identification Code bm01000001 Registration Number: 05070218

All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to www.gov.cn.

Without written authorization from www.gov.cn, such content shall not be republished or used in any form.

Mobile

Desktop

Copyright© www.gov.cn | Contact us

Website Identification Code bm01000001

Registration Number: 05070218