According to the "People's Republic of China anti money laundering law", "law", the people's Bank of People's Republic of China China "People's Republic of China Anti Terrorism Law" and other laws and regulations, the people's Bank of Chinese "financial institutions large and suspicious transactions reporting management measures" (the people's Bank of China to 2006 released second) was revised by the president in December 9, 2016 ninth office meeting, are hereby promulgated and shall come into force as of July 1, 2017.
Governor Zhou Xiaochuan
December 28, 2016
Measures for the administration of reports of large transactions and suspicious transactions by financial institutions
Chapter I General Provisions
Article 1 in order to regulate the financial institutions large and suspicious transactions reporting behavior, according to the "People's Republic of China anti money laundering law", "law", the people's Bank of People's Republic of China China "People's Republic of China Anti Terrorism Law" and other relevant laws and regulations, to develop this approach.
Article second these Measures shall apply to the following financial institutions established in accordance with the law within the territory of the People's Republic of China:
(1) policy banks, commercial banks, rural cooperative banks, rural credit cooperatives and village banks.
(two) securities companies, Futures Company and fund management companies.
(three) insurance companies, insurance companies, insurance companies, insurance brokers and insurance brokers. ().
(four) trust companies, financial Asset Management Co, enterprise groups, financial companies, financial leasing companies, automobile finance companies, Consumer Finance Companies, money brokerage company, and loan companies.
(five) other institutions engaged in financial activities, which are determined and promulgated by the people's Bank of China and should perform the duty of anti money laundering.
Article third financial institutions shall perform the obligation to report large and suspicious transactions, to China anti money laundering monitoring and analysis center and suspicious transactions reporting, accept the supervision and examination of the people's Bank of China and its branches.
Fourth financial institutions shall, through their headquarters or an agency designated by their headquarters, submit large reports of transactions and suspicious transactions according to the paths and methods prescribed in these measures.
The second chapter deals with large transactions
Fifth financial institutions shall report the following big transactions:
(a) the single or cumulative trading more than 50 thousand yuan (including 50 thousand yuan), foreign currency equivalent of more than $10 thousand (including $10 thousand) cash deposit, cash withdrawal, cash settlement, cash, cash remittance, cash to pay bills and other forms of cash.
(two) non natural person customer bank accounts and other bank accounts occurred on the same day the single or cumulative trading more than 2 million yuan (including 2 million yuan), foreign currency equivalent of more than $200 thousand (including $200 thousand) of money transfer.
(three) the natural person customer bank accounts and other bank accounts occurred on the same day the single or cumulative trading more than 500 thousand yuan (including 500 thousand yuan), foreign currency equivalent of more than $100 thousand (including $100 thousand) within the territory of the transfer of money.
(four) the natural person customer bank accounts and other bank accounts occurred on the same day the single or cumulative trading more than 200 thousand yuan (including 200 thousand yuan), foreign currency equivalent of more than $10 thousand (including $10 thousand) of the cross-border transfer of money.
The accumulated transaction amount shall be calculated and reported on the basis of the clients' income and expenses. Except as otherwise stipulated by the people's Bank of china.
In accordance with the requirements, the people's Bank of China may adjust the standards for reporting large transactions in accordance with the first paragraph of this article.
Article sixth a financial institution shall submit large transaction reports separately for transactions in accordance with the standards for the exchange of more than two large transactions.
Article seventh financial institutions may not report any large transactions that meet one of the following conditions: if the transaction is not found or the behavior is suspect:
(a) deposit expires, not directly withdrawn or transferred, but the principal or principal plus all or part of the interest is deposited in another account in the same name opened in the same financial institutions under the.
Deposit the principal or the principal plus all or part of the interest to deposit another account of the same name opened in the same financial institutions under the.
Deposit the principal or the principal plus all or part of the interest to another account in the same name opened in the same financial institutions under the current account.
(two) conversion between different foreign currencies in the process of making a firm offer of foreign exchange.
(three) a party for the party organs, organs of state power, administrative organs, judicial organs, military organs, CPPCC organs and the people's Liberation Army, the armed police force, but does not contain its subordinate enterprises.
(four) inter-bank lending by financial institutions and bond transactions in inter-bank bond markets.
(five) gold transactions by financial institutions on the gold exchange.
(six) allocation of funds within financial institutions.
(seven) the international financial organizations and foreign government loans under the business transaction.
(eight) debt swap transactions under loans from international financial organizations and foreign governments.
(nine) the policy banks, commercial banks, rural cooperative banks, rural credit cooperatives, rural banks for tax, correction of wrong accounts, interest payments.
(ten) other circumstances as determined by the people's Bank of China.
Eighth financial institutions shall submit large transaction reports electronically in 5 working days from the date of the occurrence of large transactions.
Article ninth where the following financial institutions carry out financial transactions with clients and transfer funds through bank accounts, the banking institutions shall submit large transaction reports in accordance with the provisions of these measures:
(I)