China’s central bank teams up with multiple departments to propose anti-money laundering regulations for public review

The People’s Bank of China has issued draft regulations to enhance anti-money laundering efforts. This collaborative project involves eight key departments, emphasizing the importance of compliance across sectors.

Citizens are encouraged to share their feedback by October 5, 2025, to help refine these proposals, aiming for a comprehensive approach to prevent money laundering.

The initiative’s goal is to standardize money laundering preventive measures, aligning with international best practices and facilitating consistent implementation across jurisdictions.