place in the People's Republic of China (China)1 as at the date of the onsite visit (July 9-27, 2018). It analyzes the level … of compliance with the Financial Action Task Force (FATF) 40 Recommendations and the level of effectiveness of China …'s AML/CFT system and provides recommendations on how the system could be strengthened. China has undertaken a number of …

-- China has undertaken a number of initiatives since 2002 that have contributed positively to its understanding of ML … established. -- China's decentralized financial intelligence unit (FIU) arrangement consisting of China Anti-Money Laundering … Monitoring and Analysis Center (CAMLMAC), Anti-Money Laundering Bureau (AMLB), and 36 People's Bank of China (PBC) provincial …

China in the areas of Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT). The Chinese authorities have …