Members & Observers

China, People's Republic of

The People's Republic of China is a founding member of the APG (1997) and holds the current APG Co-Chair, commencing in July 2012 for a period of two years.

The People's Republic of China has a comprehensive and developed anti-money laundering and counter terrorist financing system. The People's Bank of China (PBC), acting as the country's AML/CFT competent authority, has established the Financial Intelligence Unit including PBC headquarters' Anti-Money Laundering Bureau, China Anti-Money Laundering Monitoring and Analysis Center (CAMLMAC) and PBC branches' AML divisions.

The People's Republic of China has signed and ratified all the AML/CFT- related international conventions issued by the United Nations and became a member of the FATF in 2007.

A FATF Mutual Evaluation of the People's Republic of China was undertaken in 2007. A copy of the FATF evaluation report, and its annexes, is available in  Documents under China (Members and Observers) and Mutual Evaluation Reports - 2nd  Round.

 

Documents