HALISTER1: China to Step up Anti-Money Laundering in Property Sector: News

China to Step up Anti-Money Laundering in Property Sector: News

(Bloomberg) -- China will strengthen risk monitoring on property sector and precious metals trading for anti-money laundering, China Business News reported yesterday, citing PBOC Deputy Governor Guo Qingping as saying at a forum.
  • Money laundering was found in property, precious metals trading, pawnbroking and artwork auctions, Guo said: report
  • China will make efforts to create anti-money laundering supervision system in some non-financial industries, Guo said: report
Link (Chinese): http://www.yicai.com/news/5183999.html
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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PBCZ CH (People's Bank Of China)

People
Guo Qingping (People's Bank Of China)

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