HALISTER1: PBOC Pledges to Improve Anti-Money Laundering Efforts

PBOC Pledges to Improve Anti-Money Laundering Efforts

(Bloomberg) -- PBOC will continue reforming supervision to fight money laundering,terrorist financing, and tax evasion, the central bank says in a statement, citing Deputy Governor Yin Yong comments at a Sept. 8 meeting.
  • Statement didn’t say how improvements would be made 
  • China faces anti-money laundering challenges as financial risks rise: Yin
To contact Bloomberg News staff for this story: Stephen Tan in Beijing at ztan39@bloomberg.net

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Source: BFW (Bloomberg First Word)

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PBCZ CH (People's Bank Of China)

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Yin Yong (People's Bank Of China)

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