In 2023, the People’s Bank of China (PBOC) closely followed the priorities of the Communist Party of China (CPC) Central Committee and the State Council, and implemented the major work arrangements of the CPC Central Committee and the State Council. Actively engaging and assisting in anti-money laundering (AML) investigations, the PBOC collaborated with relevant departments to intensify efforts against money laundering and terrorist financing crimes, and gave full play to the significant role of AML work in safeguarding financial security, improving national governance, and promoting two-way opening-up. It worked with the Ministry of Public Security and other 10 departments to launch a three-year campaign against money laundering crimes, which further enhanced the collective strength of AML work, and vigorously cracked down on various money laundering crimes and their upstream crimes in accordance with the laws. Substantial progress has been made in areas such as combating organized crimes and rooting out local criminal gangs, counter-terrorism, anti-corruption, anti-drugs, anti-tax evasion, and crackdown on underground banking.
In 2023, PBOC branches received over 13,000 key suspicious transaction clues. After screening, clues that required thorough investigation were subjected to over 6,200 AML probes, and over 6,300 clues were forwarded to investigation and supervision authorities. The branches assisted investigation and supervision authorities in conducting over 25,000 AML probes into more than 2,600 cases and cracking over 1,600 suspected money laundering cases.
